Visa gift card to buy bitcoin

visa gift card to buy bitcoin

A team of Blockchain and Cryptocurrency experts lead by Harsh Agrawal. However, just so you know, it is, in fact, possible for you to buy your favorite gift card, be it for Amazon or Coffee Shop, by exchanging them for Bitcoins. Take a look:. Share via. The constant influx of regulations by the United States government, coupled with the lack of feasible and convenient international buying options have only worsened the situation.

Summary of Best Ways to Buy Bitcoin With Bitcoins

Many people keep useless gift cards in their wallets, here are four safe ways to exchange them for Bitcoin. Disclaimer: The opinion expressed here is not vift advice — it is provided for informational purposes. It does not necessarily reflect the opinion bittcoin U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Summary of Best Ways to Buy Bitcoin With Bitcoins

visa gift card to buy bitcoin
Bitcoins were created to make our lives easier. They are touted to be the next big revolution in the world, and as of now, they are certainly performing as per expectations. After initially failing to live up to all the hype, the Bitcoins made a triumphant return in After that they were unstoppable. They knocked down records left, right and center and soon, they effectively became the one currency everyone wanted to invest in. The investment sector boomed like anything post the crazy popularity hike of the Bitcoin, and the financial sector went through some major changes. Several leading corporations and their leaders went on record saying that the Bitcoin was going to play a huge role in the future and that sooner or later, it would be the one central currency of the world.

Where You Can Buy Bitcoin With Prepaid Card

Many people keep useless gift cards in their wallets, here are four safe ways to exchange them for Bitcoin. Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Many people that do not know what to give their friends or family choose gift cards. Actually, this is a good and prudent decision, because gift card owner can buy whatever they want for this money, so the present certainly will be valuable. The problem is that people often want to buy something in another shop, not in the one they have a gift card. Hence, the gift card becomes useless. In this case, to save money, the card should be sold or exchanged for Bitcoins.

The benefit of converting gift cards for Bitcoins is that this is a kind of investment. If a gift card is just kept in your wallet, you will not get any profit from.

At the same time, if you exchange it for Bitcoins, you will get a digital currency that tends to increase its course. Hence, after a while, Bitcoins may be quite more valuable than the cardwas. The money will not go down the drain. There are many services that allow exchanging gift cards for Bitcoins. It is important to note that any card is a less liquid asset then cryptocurrency. Hence, it is no wonder that after exchanging the amount of cryptocurrency you will get less than the value of the card.

There are four ways to exchange useless gift cards for cryptocurrency safe and profitably. LocalBitcoins is one of the most popular markets for buying and selling Bitcoins. It provides an easy way to find a buyer who will consider exchanging on mutually beneficial terms, so it is easy to buy Bitcoins with a gift card. It is kind of stock exchange, but unlike classic exchanges, LocalBitcoins has some features:.

P2P deals. This means that users exchange the assets with each other, without any intermediaries. Exchanging different assets. This is a key-point because different assets mean currencies of different countries, physical money and gift cards as. It is no wonder that the most valuable cards are issued by popular internet-shops and online-services.

Best-selling gift cards usually belong to such companies as:. However, LocalBitcoins does not have any restrictions. You can try to sell any of your gift cards, even if it were issued by an unpopular store. It is difficult to say how much money you will get for the card.

The price usually goes down, on average about 50 percent on this service. However, it is still better than just keeping a useless card in a wallet. The main point of Purse is that it provides finding a buyer that will send you Bitcoins in exchange for a needed product from Amazon. In practice it works quite easily:. Purse provides a service to avoid scammers in such deals. It can ensure that buyers will get their stuff and gift card sellers will get the cryptocurrency.

Actually, Purse ensures an escrow service in transactions. There is another way to sell a gift card. You can sell it directly to Purse Company. It is visa gift card to buy bitcoin beneficial if we are talking about money, but the deal executes instantly, so you get money quite faster. Cointal is a relatively new service for buying and selling cryptocurrency.

It is slightly similar to LocalBitcoins. The advantage of Cointal is that it supports exchanging not only Bitcoin but also other cryptocurrencies, including Ethereum and Ripple. This is also a P2P service that provides users to implement deals with each. Overall, Cointal is an open marketplace for buying and selling cryptocurrency different ways.

Here you can buy Bitcoin not only with a gift card but also with PayPal, Google Wally and many more digital wallets. Paxful is a New-York based online Bitcoin store. It accepts more than payments because the service supports a lot of digital assets. And the most important thing that it is provides to buy Bitcoin with an iTunes gift card.

It is important to note that Paxful is an open service. Hence, there may be many scammers trying to steal money. Eduard is a freelance crypto-journalist since He has a professional IT education and usually focuses on a technical side of blockchain projects. Now, according to cryptocurrency trader Josh Rager, the top cryptocurrency could make another lower high after bulls failed to push the BTC price higher.

A succession of higher lows means that Bitcoin is still in a downtrend, and a significant drop could be on the cards. Marker analyst Kevin Svenson points to the fact that Bitcoin is still caught in a five-month falling channel.

According to Svenson, the recent retest of the resistance didn’t mean anything for the bulls. Resistance wasn’t broken. No changes just. Bitcoin BTC crypto cryptotwitter pic. Notably, BTC’s dominance has slipped below the 68 percent level on the heels of Ethereum’s five percent price increase.

Alex Dovbnya aka AlexMorris is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1, stories for U. Today, CryptoComes and other fintech media outlets. This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site.

Click here for cookie policy. By pressing the «Subscribe button» you agree with our Privacy Policy. All crypto news. Cryptocurrency Trading. Put your crypto to work. Sponsored by Celsius. Eduard Ezhov. Cover image via www. About the author Eduard Ezhov. Log in to leave comment:.

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Buying bitcoin completely anonymously — using gift cards

However, there is one substantial risk associated with this alternative you must keep in mind. However, most people receive these cards without even using any of the associated balance. An exception to this is a service like LocalBitcoins which is peer-to-peer. CoinCards is unique in the sense that it actually offers Bitcoin gift cards especially made for Canadians, and also catering to more ot a hundred Canadian retailers. Firstly, while eGifter does sport a good variety of gift cards for your consideration, they are still lesser fard number to those offered by Gyft. It is, in fact, possible to buy gift cards at lower values than their actual face values, and we are going to guide you towards the places that can actually bitocin with. The great part is that gift cards from almost all retailers work for the exchange. Your email address will not be published.

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