How to Buy Bitcoin with a Gift Card And Other Peer To Peer Cryptocurrency Exchange Platforms - TechSog

How to Buy Bitcoin with a Gift Card And Other Peer To Peer Cryptocurrency Exchange Platforms

Buy Bitcoin With A Gift Card – Bitcoins were created to make our lives better and easier. They are the next big revolution in the world today, and as of now, they are performing greatly according to our expectations.

However, you need to know that it is possible to buy Bitcoin with a gift card, be it an Amazon gift card, Walmart gift card, iTunes gift card, or any trusted and reliable gift cards.

How to Buy Bitcoin with a Gift Card

Here in this article, we’re going to give a brief explanation of why you need buy bitcoins with a gift card and how to buy Bitcoin with a gift card. There’s a whole lot to cover so grab a drink and let’s dive in.

Buy Bitcoin Using Gift Cards

Buying Bitcoin has never been easy but the huge demand for Bitcoin and other digital currencies has led to several payment options made available. Gift cards are one of the payment options used in buying Bitcoin from any cryptocurrency exchange platform.

In case you don’t know, gift cards are prepaid voucher that contains gifts redeemable or used for purchases.

While coinbase may be one of the biggest normal exchange platform in the world, it’s counterparts—Paxful and local bitcoin—are the biggest peer-to-peer cryptocurrency exchange in the world today.

No type of exchange is better than the other but the preference of the user is what matters the most when it comes to choosing the type exchange. In this case, buying Bitcoin with gift cards, peer to peer platforms are t best way to go.

Peer To Peer Cryptocurrency Exchange Platforms

These are cryptocurrency platforms that require a bit more interaction between buyers and sellers. It may involve a face to face meeting. Some of the peer to peer cryptocurrency platforms include; Paxful, local bitcoins, and so on.

How to buy Bitcoin with a Gift Card

There are just two ways you can buy Bitcoin with gift cards. You can buy from Bitcoin offers listed by sellers on the platform and you can also create a sell offer for your gift cards and accept Bitcoin as means of payment.

  • First select a peer to peer cryptocurrency platform and create an account with the platform.
  • Take a screenshot of the gift card front and back using a device with a good resolution.
  • Click on the Bitcoin offer you want.
  • Proceed with the payment option.
  • Select gift card as a means of payment
  • Enter the necessary details required and upload the screenshot of the gift card.

Note; while local bitcoins and Paxful are both widely used and trusted platform, they can’t vouch for every single seller of Bitcoin in their platform.

Soon Bitcoin will play a huge role in the future. It will be the only central currency if the world.

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