Here’s a step-by-step guide on how to trade gift cards for cryptocurrency online in simple terms:
- Pick a Trustworthy Platform: Choose a reliable website like Paxful/NoOnes, LocalCryptos, or CardCash that lets you use gift cards to buy cryptocurrencies.
- Check Reviews and Policies: Look into the platform’s rules for verifying identity and read what others say about it. Check reviews on places like TrustPilot or social media.
- Create an Account: Sign up on the platform and confirm your identity as needed.
- Make an Offer: Create an offer to sell your gift card for the cryptocurrency you want. Decide the rate and the card’s amount.
- Wait for a Buyer: Wait for someone to accept your offer. When they do, talk to them, answer their questions, and exchange contact details.
- Send the Gift Card: Use the platform’s preferred method to send the gift card. Take a photo of the card and receipt to prove it’s legit.
- Confirmation from the Buyer: Wait for the buyer to confirm they got the gift card.
- Receive Cryptocurrency: Once confirmed, the platform will give you the cryptocurrency.
- Move Your Cryptocurrency: Send your cryptocurrency to your preferred wallet. If you want, you can also exchange it for another cryptocurrency or regular money.
- Be Aware of Differences: Remember that the process and fees can differ based on the platform and the kind of cryptocurrency. Do some research and compare before making a trade.
