How to buy bitcoin with visa gift card

We first give you a little introduction on the matter, then go on to explain why buying Bitcoins with gift cards is great. That responsibility is something that turns most users away and is something that the industry faces today. Subsequently, we list the procedure you can use to buy Bitcoins using your gift cards, and finally list out the various services or platforms which will allow you to do that, along with the respective pros and cons for each. Posted in: Older News. But for something that was explicitly created to make our lives easier, it sure can get pretty tricky to purchase Bitcoins. Home Bitcoin Exchanges.

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 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.

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Well, did you know you could convert them into bitcoin? Here, we tell you how to buy Bitcoin using gift cards! Many buyers of Bitcoins remain uninformed about this avenue even when they have gift cards that they are not using. The great part is that gift cards from almost all retailers work for the exchange. In fact, even Master Card or Visa gift cards will work just as well and allow you to easily buy Bitcoins. LocalBitcoins is one of the most famous Bitcoin peer-to-peer trading platforms.

Summary of Best Ways to Buy Bitcoin With Bitcoins

Many people keep useless gift cards in their wallets, here are four safe how to buy bitcoin with visa gift card 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 bitcpin 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 buj 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 nitcoin 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 guy 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 bitcoun. There are four ways to vida 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 woth 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 wiyh 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 hos sell a gift card. You can sell it directly to Purse Company. It is less 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.

Roger Ver and Mark Cuban are on the same page when in iwth to calling out Bitcoin’s flaws. Ver says that Bitcoin proponents should listen to the «real businessman» instead of arguing with him while bitcpin that BTC needs to solve real problems. The crypto community gifh listen to real business people like mcuban. Cryptocurrency needs to be so simple that everyone can easily use it to solve real problems.

In his latest tweet, Cuban argued that Bitcoiners didn’t have to come up with complex arguments to sway him to their. Two weeks ago, the billionaire entrepreneur claimed that he didn’t oppose to Bitcoin as. His issue with the top cryptocurrency is that it lacks consumers. Hence, he urged militant Bitcoin proponents to convince their neighbors about the advantages how to buy bitcoin with visa gift card the first decentralized cryptocurrency.

Cuban’s criticism plays right into the hands of Bitcoin’s prodigal yo Roger Viea. After viwa one of the earliest adopters of BTC and making a fortune with it, Ver became of its most fervent critics due to its scalability issues that prevent real-world adoption. Ver now promotes the big-block Bitcoin Vis fork that split from the chain in Viaa As reported by U.

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 biy to Blockchain disruption. Alex authored more than 1, stories for U. Today, CryptoComes and other fintech media outlets.

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However, the one feature that we have truly blown away with on this platform was the fact that they actually go ahead and save your gift cards for you. They will also be requiring the receipt byy the gift card which you must have received at the time of the purchase. And that is it, you are all done and you now have access to your own Bitcoins, all ohw exchange for a gift card. I just tried it does not work. Sadly, most of us deem them unnecessary and fail to check them while initiating a transaction.