The crypto market, in general, has been in a bear position for the past eight weeks at least. Banking on the hope of the all-time-high price of Bitcoin at $67,000 in November 2021 to replicate itself again, smart Bitcoin enthusiasts keep adding more coins to their portfolios.
The primary plague many Nigerians face is the funding source for their crypto exchange to buy Bitcoin.
It’s generally believed that you can only buy Bitcoins with money on popular exchanges like Binance. However, the truth is that there are other ways you can still get your hands on the world’s largest cryptocurrency.
Gift Cards are a close substitute for fiat money; you can pay for transactions in any store that accepts such cards. Since the Gift Card serves the transactional purpose as fiat money, it’s safe to say it is money in a plastic card.
You can sell gift cards for cash to buy Bitcoin on any Crypto exchange, but do you know that you can also sell gift cards for bitcoins?
You may have gotten some Gift Cards as presents from friends and family, but you had no idea what to do with them. You can even get more BTC when you have gift cards with the highest resale value.
In the following parts of this article, we will show you the best platform to sell your gift cards for Bitcoin.
Best App To Purchase Bitcoin With Gift Card
The first step to making a smooth Gift Card to Bitcoin trade is to identify the best app to give you the best value for your gift card and quality service.
Many online digital assets exchange platforms are offering the service of gift card trading for Bitcoin. Still, only a fraction of them can be reliable and not mention reputable and outstanding Apps.
There are many factors to weigh before a platform can be considered a top Gift Card exchange. A customer-centric Gift Card Trading App should be highly secure, offer high rates, and make instant payments. It should have good customer relationship management, multiple payment options, and other values.
The best app to trade your Gift Cards for Bitcoin in Nigeria is the Prestmit app.
Prestmit is an online platform offering Gift Card traders a unique seamless way of trading their digital assets at very high rates.
The Prestmit has garnered over 100,000 users since its launch on the Google Play Store and Apple Store in 2020. It is currently the most used and best trading app in Africa. The platform’s speed and security features have made it the choice of many traders in Nigeria and beyond.
How To Purchase Bitcoin With Gift Card on Prestmit App
You may have difficulty buying Bitcoin with your Gift Card on other apps but using Prestmit as your default app is always a smooth ride.
The few steps below will guide you on how you can convert your Gift Cards to Bitcoin on the Prestmit platform.
- Firstly, download the Prestmit app from the Google Play Store or Apple Store and sign up.
- Select “Start Trade” from the drop-down menu.
- Select “Sell Gift Card” and fill in the Gift Card information by scrolling down the page.
- Select Bitcoin as the payment method since you’re exchanging Gift Cards for Bitcoin.
- Click on “Gift Card Category” and choose the type of Gift Card you want to sell. Example; Steam physical card.
- Click on “Gift Card Subcategory” to specify more details like; the Gift Card form in your possession form and the receipt type of the Gift Card. For example, UK Steam physical (50-100) means the Steam Gift Card is between $50-$100.
- Select “AMOUNT” from the drop-down menu: Input the total amount of Gift Cards you’d like to convert to Bitcoin. An automated rate calculator calculates current gift card rates. The Bitcoin value of the Gift Card immediately displays When you enter the amount
- Upload the Gift Card image if you have a physical card.
- Enter your Bitcoin wallet address in the comment section.
- Finally, click “APPLY” to complete the transaction. Your BTC wallet is credited after your trade is approved.
Conclusion
Now that you have discovered that you don’t need to have a booming bank account before you can purchase Bitcoin, why are you still delaying?
There’s no point stashing those Gift Cards somewhere for future use; invest them in Bitcoin. It is another way to take advantage of the current bear market and build a strong portfolio for the coming bull market.
Prestmit is the gateway to your success trading story anytime and any day.
Download the Prestmit app from your device’s Google Play Store or Apple Store today to start.
