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Which apps allow you to exchange gift cards for bitcoin?

avatarBrian RaberDec 28, 2021 · 3 years ago6 answers

I'm looking for apps that allow me to exchange gift cards for bitcoin. Can you recommend any reliable apps that offer this service? I have some unused gift cards and I want to convert them into bitcoin. It would be great if the app has a user-friendly interface and offers competitive exchange rates. Please provide some suggestions and any additional information about the apps.

Which apps allow you to exchange gift cards for bitcoin?

6 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! One app that you can consider is Paxful. It is a peer-to-peer marketplace that allows users to trade gift cards for bitcoin. They have a wide range of gift card options available, including popular brands like Amazon, iTunes, and Walmart. The platform is easy to use and has a reputation system to ensure secure transactions. You can browse through the available offers and choose the one that suits you best. Just make sure to read the terms and conditions of each offer before proceeding.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more user-friendly app, you might want to check out CoinCola. They also offer a gift card trading service where you can exchange your unused gift cards for bitcoin. CoinCola has a simple and intuitive interface, making it easy for beginners to navigate. They have a wide selection of gift card options and provide competitive exchange rates. Additionally, CoinCola offers a secure escrow service to protect both buyers and sellers during the transaction process.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is another platform that allows you to exchange gift cards for bitcoin. They have a user-friendly app that offers a seamless trading experience. BYDFi supports a variety of gift card options, including popular brands like Starbucks, Amazon, and Google Play. The app provides competitive exchange rates and ensures secure transactions through their escrow system. You can easily browse through the available gift card offers and choose the one that suits your needs. Just make sure to read the reviews and ratings of the sellers before making a transaction.
  • avatarDec 28, 2021 · 3 years ago
    If you prefer a more traditional exchange, you can consider using Binance. While Binance doesn't directly support gift card trading, you can convert your gift cards into bitcoin by selling them on the platform. Binance is one of the largest and most reputable cryptocurrency exchanges, offering a wide range of trading options. You can sell your gift cards for bitcoin and then trade the bitcoin for other cryptocurrencies or cash it out. Keep in mind that you may need to go through a verification process on Binance to ensure compliance with their security measures.
  • avatarDec 28, 2021 · 3 years ago
    Another option you can explore is LocalBitcoins. It is a peer-to-peer marketplace that allows users to trade bitcoin for various payment methods, including gift cards. You can find sellers who are willing to accept your gift cards in exchange for bitcoin. LocalBitcoins provides an escrow service to ensure secure transactions and has a reputation system to help you choose trustworthy sellers. Just be cautious and only trade with sellers who have a good track record and positive reviews.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a mobile app, you might want to consider using the Fold app. While Fold primarily focuses on providing bitcoin rewards for purchases, they also allow users to exchange gift cards for bitcoin. The app supports a limited number of gift card options, but it offers a unique experience by allowing you to earn bitcoin while shopping. Simply link your gift card to the app and use it for purchases to earn bitcoin rewards. It's a great way to convert your unused gift cards into bitcoin while enjoying the benefits of cashback rewards.