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How to buy Bitcoin with an American Express gift card?

avatarJakk BlackDec 28, 2021 · 3 years ago3 answers

I have an American Express gift card and I want to use it to buy Bitcoin. How can I do that? Are there any platforms or exchanges that accept American Express gift cards as a payment method?

How to buy Bitcoin with an American Express gift card?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, it's not very common for platforms or exchanges to accept American Express gift cards as a direct payment method for buying Bitcoin. However, there are alternative ways to use your gift card to purchase Bitcoin. One option is to sell your gift card for Bitcoin on peer-to-peer marketplaces like Paxful or LocalBitcoins. These platforms allow you to trade your gift card for Bitcoin with other individuals who are willing to accept it as a payment method. Just make sure to find reputable sellers and follow the platform's guidelines to ensure a safe transaction.
  • avatarDec 28, 2021 · 3 years ago
    Buying Bitcoin with an American Express gift card can be a bit tricky, as most exchanges and platforms don't directly accept this payment method. However, you can still convert your gift card into Bitcoin by using a service like eGifter. eGifter allows you to buy popular gift cards, including American Express, and then use those gift cards to purchase Bitcoin on platforms like Coinbase. Keep in mind that there might be some fees involved in this process, so make sure to check the terms and conditions before proceeding.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand that using an American Express gift card to buy Bitcoin can be challenging. While we don't directly accept American Express gift cards, there are alternative methods you can explore. One option is to sell your gift card on a peer-to-peer marketplace like Paxful or LocalBitcoins, and then use the funds to buy Bitcoin on our platform. Just make sure to follow the platform's guidelines and choose reputable sellers to ensure a smooth transaction. If you have any further questions, feel free to reach out to our support team.