Did you know that you can use your Bitcoin, as well as other cryptocurrency, to purchase gift cards? Although you cannot shop on Amazon directly with your digital assets, there is a longer yet accessible way to do so. You might have to pay an extra fee along the way but hey, you’ll get to spend your crypto on daily goods and services.
And there’s more. If you happen to have a gift card you don’t want, some platforms allow you to instantly exchange it to the crypto of your choice.
Here are the top 10 companies that let you manage your gift card affairs.
Launched in 2018, Redeeem quickly became a trusted peer-to-peer exchange that allows you to buy and sell gift cards with crypto. The idea behind Redeeem was simple yet top-of-the-agenda – contribute to the Bitcoin adoption process. Security is achieved thanks to unique fraud prevention tools and an intricate disputes process.
“We believe that Bitcoin can especially improve the lives of the 2 billion+ people around the world who live without a bank account, battle hyperinflation, have distrust for their financial institutions, or need quick (same-day) access to capital. We are empowering a trusted community of gift card traders globally who are unexpectedly at the helm of the blockchain movement.”
When making a purchase on Redeem, you can rest assured that you are making a reliable deal and their support team is ready to assist you daily. They offer Amazon, Walmart, and other gift cards at a 20% discount and a 1% affiliate program.
Coinbase & WeGift
Coinbase is famous for their creativity regarding cryptocurrency adoption. To provide its customers with a brand-new way of exchanging their crypto, the exchange has partnered with WeGift, a company that is dedicated to bringing gift card distribution to the next level.
Just select your Coinbase wallet and the amount of crypto (not just Bitcoin, any crypto will do) you’re willing to spend and pick an eGift. And they’ve got a wide selection of brands you can choose from, Nike, Adidas, Uber, Google, Asos – you name it.
Bitrefill offers an easy way to trade your Bitcoin, Litecoin, Ethereum, Dash, or Dogecoin for a gift card from more than 750 businesses in more than 170 countries. Apple, Amazon, Wallmat, even Airbnb – everyone will be able to find something for themselves. The collections are thoughtfully sorted so you can easily browse through all of their offers.
Additionally, the platform offers an instant payment solution via the Lightning Network thanks to using Thor channel services.
And one more perk that Bitrefill offers is the ability to top your mobile phone with crypto regardless of where you are – the service is available in 170 countries and supports more than 900 operators.
Gyft is one of the leading platforms for managing your gift card business. It allows you to buy, send and redeem gift cards from almost any brand you can think of. When using their app, you can conveniently keep track of your gift card balances and send then to your friends.
The payment process is plain and simple: just pick a card and pay in Bitcoin using your cryptocurrency wallet. The platform boasts having no fees and is certified with Digicert for all transactions.
The great thing about Bidali is that they offer a huge selection of gift cards to purchase with almost any cryptocurrency you can think of. Also, they’ve got a referral program where you can earn $20 for every $1,000 of purchases that you bring.
The platform offers a fast, secure, and simple way to spend your cryptocurrency on goods, services, mobile topups, and even pay your TV bills.
Purse is a unique platform that allows users to set their own discounts when shopping on Amazon by matching shoppers with those users who are looking to exchange their Amazon gift cards for Bitcoin.
It also has a Chrome extension which allows you to add the goods to your cart right away and get up to 33% off everything when you check out with Bitcoin. It also provides its users with the option of importing their Amazon wish lists and even earning by fulfilling orders.
Crypto Voucher claims to provide the easiest solution for instantly buying cryptocurrency, one of which is via trading your gift cards. Just fill in the info regarding your gift card along with your personal info and wait 1 business day to receive your cryptocurrency voucher. To get your crypto to your wallet, you simply need to redeem the voucher. The websites charges a 4% fee plus the transaction fee, but that’s the usual practise for similar services.
Available cryptos include Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, 0x or Dash.
CoinCola is an OTC crypto trading platform that helps its clients, regardless of their location, trade their local fiat currency in exchange for Bitcoin, Litecoin, Dash, Tether, and Ripple. All deals are executed person-to-person and the platform takes care of the security part of the process.
Apart from trading fiat to crypto, it works with gift cards as well. CoinCola accepts Amazon, iTunes, Google, and other high-demand gift cards and connects you to people who want to trade their Bitcoins for it.
eGifter offers you a simple way to buy all kinds of gift cards (more than 250 brands) with Bitcoin. The platform is easy to navigate and provides you with a quick checkout process together with zero extra fees and eGiter points. For every 100 USD that you spend, you receive 100 eGifter points which you can use later on for discounts.
Although CardxCoin is still in beta, their vision is big. The platform allows you to trade your unwanted gift cards for Bitcoin. Once you type in the number of your card, you’ll get an offer which is usually up to 80% of the total amount
Right now you can exchange the card from Walmart, Starbucks, Best Buy, Target, iTunes, and more.