How to Buy Bitcoin Instantly with Vanilla Gift Cards

Take advantage of CoinCola’s platform not only for buying but also for selling gift cards for Bitcoin. Click the link to initiate the selling process and unlock the full potential of your gift cards. We are constantly adding support for new cryptocurrencies and chains. Download the BitPay app, get the Chrome extension, apply for the BitPay Card or buy gift cards with crypto. Keep your crypto assets safe and secure in an easy-to-use, non-custodial crypto wallet.

  1. Take advantage of CoinCola’s platform not only for buying but also for selling gift cards for Bitcoin.
  2. As soon as a trade is initiated, the sellers Bitcoin will immediately be debited and placed into escrow.
  3. The Bitnovo website provides a comprehensive list of locations where you can purchase vouchers.
  4. Binance is the best option overall, as it supports the widest range of crypto gift cards and doesn’t charge additional fees on the service.
  5. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

How to Buy Crypto With Prepaid Card (VISA, Mastercard)

This can be a big differentiator when looking for the best place to buy Bitcoin, even for people who already understand how Bitcoin works. Finally, it’s important to note that many exchanges don’t provide any protection against unauthorized account access. Be sure to activate user-level security features such as two-factor authentication. Some of the platforms in the previous two categories certainly have apps.

Step 5: Review and chose your offers

Pay less in fees with Bitcoin and Litecoin via the Lightning Network at CoinGate. Now also accepting Visa/Mastercard and SEPA for FIAT payments, making your gift card purchases even more convenient. Bitnovo is a platform that provides a range of services for purchasing cryptocurrency. This also includes Bitcoin vouchers, which you can purchase at affiliated points of sale. If you want to personalize the gift, you can choose from a large variety of “Thematic Gift Cards” to choose a theme that will perfectly fit your recipient. You can “attach” any cryptocurrency supported by Binance to a thematic gift card.

ByBit P2P – second best site to trade gift cards for bitcoin

Let’s have a quick look at the 3 best options where you can convert your gift card to Bitcoin. After that, we will go through each of them in more detail and a few of their competitors. However, there’s also other options like Crypto Voucher, Bitnovo and Azteco, which might be a better option depending on your location and the payment method you prefer to use.

Enhance any home with gift cards that offer a range of stylish and practical furnishings and décor. Help users to buy crypto with their preferred payment method and make crypto deposits on BitCard® easily. BitCard® provides the easiest and safest method to buy BTC Gift Cards for any reason or occasion. We make it simple to buy a Bitcoin Gift Card with a credit card easily. Reward yourself and others with a Bitcoin Gift Card from BitCard® today.

Here’s your step-by-step guide to buy Bitcoin with Niara using CoinCola’s OTC trading platform. Bitcoin is a decentralized digital asset that works on a P2P network. It enables secure and transparent transactions without needing an intermediary like a government or financial institution. Swap Bitcoin for Ethereum, Dogecoin, Bitcoin Cash and many other top cryptocurrencies. You can send your crypto to nearly any wallet as long as you know your address.

Cryptocurrency is becoming a popular gift, serving as a way to get a friend or family member acquainted with the crypto space. If the gift is under a certain amount — $16,000 in 2022 and $17,000 in 2023 — it’s also tax-free. In addition to the trading fee, you may also be charged a withdrawal fee to take your crypto or traditional money off the platform. If you’re interested in buying Bitcoin, you’ll first need to open an exchange or platform that allows Bitcoin trading. Below we cover our top picks for the best place to buy Bitcoin, along with why we’re fans.

Jon’s articles provide clarity on complex topics, making him a valuable resource for both crypto enthusiasts and finance professionals. If you have a gift card and you would rather exchange it for Bitcoin than redeem it for its original purpose, check out our guide on how to buy Bitcoin with a gift card. To get started with buying a Bitcoin gift card on Binance, head over to your Binance app and tap your user profile icon. If you’re buying a crypto gift card on Binance as a present for someone, you can enhance the card with customized graphics to make the experience extra special for the person receiving the gift.

You can buy and sell Bitcoin, other cryptocurrencies, stocks, and options with no transaction fee. Plus, Robinhood has one of the best cryptocurrency selections of any platform that isn’t an exchange platform specifically made for cryptocurrency. As soon as the seller receives the gift card information, the Bitcoinwill be available on the marketplace itself or in any wallet that you have linked to the site. The platform saves all of your gift card codes on the platform, meaning that you won’t have to worry about losing your gift cards. CoinCards is a great gift card exchange that is made for Canadians.

Most accompanying wallet software has tools to purchase crypto directly, or you can send crypto to the wallet address from another wallet or exchange. Your recipient will also need to have an account to receive the funds. Our partners cannot pay us to guarantee favorable reviews of their products or services.

If at any time during the transaction you have second thoughts, or if the transaction doesn’t feel genuine, then you can instantly cancel the transaction and find another seller. LocalBitcoins and Paxful are the two most popular peer-to-peer Bitcoinmarketplaces. Both of these sites work in the same way, however, LocalBitcoins seems to have a larger community, we recommend you check them out before using Paxful. Our resellers benefit by making BitCard® BTC Gift Cards available to the public across the globe, in the 150+ applicable countries and thousands of retailers in our expanding ecosystem.

Finding a seller that accepts gift cards is easy, both LocalBitcoins and Paxful allow you to search by payment method. Simply select gift cards as a filter when searching, and you will be shown a list of sellers looking for gift cards in exchange for Bitcoin. Kucoin supports the purchase of crypto with 50+ fiat ​through P2P, credit cards, etc. Visa and Mastercard support cryptocurrencies and blockchain, making it easy to buy Bitcoin with prepaid cards. While most crypto exchanges accept gift cards, some may not; in such cases, using third-party platforms like PayPal is a recommended alternative. If you want to buy Bitcoin (BTC) or other cryptocurrencies using a prepaid card or gift card, a reputable platform like eToro is an excellent choice.

Here are a few that you should consider when evaluating the best cryptocurrency exchanges, brokers, and apps. Cryptocurrency exchanges are in the business of facilitating the purchase, sale, and storage of cryptocurrencies only. Coinbase and Gemini are examples of some of the best cryptocurrency exchanges.

Azteco is a platform that’s looking to make Bitcoin accessible to people everywhere around the globe. The platform’s primary focus is the Latin American market, but it’s also accessible to customers in many African countries and Ireland. Please note that Bitnovo is focused on the southern European market, so it might not be the best solution for you, depending on where you’re located.

Both offer the opportunity to buy 60+ top cryptocurrencies and send to any of your self-custody wallets. You’ll have to go through a few extra identity verification steps on the app and have a linked payment method to send crypto this way. You can also use these two apps to send crypto to an external crypto wallet if your recipient already has one. Fees vary but are generally higher than crypto exchange or wallet transfers. Trading gift cards for Bitcoinis a simple way to obtain Bitcoin without the hassle of investing through an exchange.

There are many ways to pay on the platform, such as bank transfers, online payment systems, and cash deposits. Bybit P2P also has a number of security features, like two-factor authentication and cold storage for storing cryptocurrencies offline, to protect users’ money and personal information. Azteco is a solid option if you’re looking for a Bitcoin gift card, especially if you’re located in Latin America.

Further, unlike with Paxful, where gift cards have to be imprinted with their exact denominational value, Purse allows you to exchange even a fraction of your gift card for Bitcoin. Overall, Bybit P2P is a reliable and convenient platform for buying and selling cryptocurrencies peer-to-peer. Jon is a senior writer at CoinCodex, specializing in blockchain and traditional finance. With a background in Economics, he offers in-depth analysis and insights into cryptocurrency trends and the evolving financial landscape.

Notably, the vouchers can either use the Lightning Network or the Bitcoin mainnet. If you’re comfortable with using the Lightning Network, we recommend that you use Lightning Network vouchers to save on transaction fees. There’s also “Token Gift Cards”, which feature the branding of specific tokens, such as BNB or Tether. Such Gift Cards can be a nice touch if the recipient is a fan of a certain cryptocurrency. Using BitPay, you can trust that your transactions will be completed securely and with as few fees as possible.

We’ll provide tips and suggest optimal times for transactions, empowering users to make informed choices and get the most out of their transactions. Compare the similarities and differences between BingX and KuCoin crypto trading platforms in our detailed guide. Travel and leisure gift cards provide a gateway to new adventures and relaxing experiences, suitable for all travelers.

Once you’ve chosen your preferred offer, you’ll be taken to one of our partner sites to enter your prepaid debit card details and complete the transaction. Your crypto will be sent to your wallet address and available to use near-instantly. Getting started buying Bitcoin with a prepaid debit card (or any other crypto) is easy, and takes just a few minutes. You have the option of buying from the BitPay Wallet app or online through the BitPay buying widget.

You can use the gift card code immediately after your transaction has been processed. The price presented by the merchant is unchanged during the transaction. However, with all blockchain transactions, what is the mfi indicator and how do you use it you will pay a small network fee. These fees don’t go to BitPay directly, but are used to move the funds. Network fees will vary by the coin/token used, network congestion and transaction amount.

Purchase gift cards with Bitcoin value from BitCard® for a secure process, unmatched by others. Overall, Binance is the best platform for buying Bitcoin gift cards or gift cards for other cryptocurrencies. Yes, there are specific platforms and exchanges where you can buy crypto with a prepaid card, no verification required. However, it’s essential to ensure the legitimacy of these platforms and be cautious about potential scams. You can buy crypto with a prepaid card by depositing funds from your card into a licensed third-party crypto trading platform.

Tap the “Buy” button on the app’s home screen to buy crypto with a prepaid debit card. In addition to Bitcoin (BTC), BitPay supports more than 60 of the most popular cryptocurrencies and stablecoins including Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC) and many more. Funding your account with a gift card works the same way as it does for a debit or credit card. For example, a few popular platforms add 0.5% to their quoted price for buying transactions and subtract 0.5% for selling transactions to create a spread.

Points can be saved and used to get a discount on future purchases. No matter where you’re located, there’s likely a platform that will allow you to purchase a Bitcoin gift card or a gift card for another cryptocurrency. Binance is the best option overall, as it supports the widest range of crypto gift cards and doesn’t charge additional fees on the service. Then, it’s time to select the cryptocurrency that you want to gift, and enter the amount that you would like to purchase. You can choose between many different cryptocurrencies, as Binance is one of the leading exchanges in terms of the amount of crypto assets they support. BitPay aggregates offers from multiple partners to ensure you get the best possible rate.

Payments can be made through credit cards, debit card, Bitcoin, and a range of ewallets including PayPal. EGifter is a marketplace that allows users to purchase gift cards at surprisingly low rates. A standout feature of the site is its unique points system, this rewards system has been a fundamental part of the growth of the marketplace. Whenever a user purchases through the eGifter platform they are given points.

To gift a hardware wallet, you’ll need to purchase a device from a hardware wallet company; some are available at stores like Best Buy and Walmart. Once it arrives, you’ll need to follow the included instructions to set it up and download the accompanying software. The Robinhood Crypto Gifting Program, accessible through the Robinhood app, allows you to send funds commission-free via a link with a tracking feature.

It’s important to always check the sellers past transaction history to ensure that all of their previous sales have been legitimate. We also recommend that you take screenshots of each step when making a transaction, this will be extremely useful if there are any problems and will help customer support deal with the claim. Another great feature unique to the platform is the group gifting initiative. This setup allows a buyer to create a group gifting project, all members of the group can then contribute towards paying for the gift card that has been chosen by the group.

Bitcoin, and cryptocurrencies for that matter, have slowly gained a reputation for being at the forefront of the next industrial revolution. It is awesome that the total number of Bitcoin (BTC) that can exist at any given time is 21 Million, with the last Bitcoin estimated to be mined in 2140. Perhaps this explains why everyone wants to invest in some, there might be no better time to do so than now.

Gifting services explicitly made for cryptocurrency can elevate the sentimental value of a crypto transfer. Peer-to-peer transfer apps PayPal and Cash App also let you buy and send cryptocurrencies. With PayPal, you can send Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) to another PayPal user. Transferring digital assets through an exchange is the simplest method. If you don’t already have crypto to give, you can purchase it through a crypto exchange. Some of the biggest cryptocurrency exchanges have extensive libraries of articles, videos, and tutorials to help users learn about Bitcoin and other cryptocurrencies.

If the recipient does not have a Binance account yet, they will automatically be invited by Binance to create an account and redeem the card. There are several platforms that allow you to buy Bitcoin with gift cards, such as Paxful, LocalCoinSwap, and Prestmit. This operates slightly differently on peer-to-peer exchanges, where you can compare the exchange rate per user. Thoroughly compare what’s on offer since the price per Bitcoin can vary considerably between users. Please note that we assume that the gift card in your possession was not issued by a crypto exchange such as Binance, has not expired, and is not restricted to use at a specific store. The most critical step is copying down the seed or recovery phrase the wallet generates.

The cost of buying and selling Bitcoin can vary dramatically from one crypto exchange platform to another. While it shouldn’t be the only thing you look at, it’s important to know what you’ll pay on each platform you’re considering. But if you want to know the best place to buy Bitcoin for you, the answer will depend on the features that matter most to you.

There’s no point in investing in Bitcoin only to lose your assets if the platform collapses or is hacked. Research the risks involved and look for crypto exchanges that are transparent about their security, assets, and insurance. This is still a fairly new and unregulated industry, and there are limited consumer protections in place. As we saw with the high profile collapse of FTX and other cryptocurrency platforms, crypto assets are not covered by SIPC insurance or FDIC insurance. If you keep your Bitcoin in a custodial wallet, it could be at risk if the exchange fails.

After setting up your account, you may be required to provide proof of identification, such as your driver’s license or passport.

You can redeem the vouchers for crypto yourself or send them to a friend as a gift. You can pay for the gift card with the same cryptocurrency that the gift card can be redeemed for, or pay with the USDT and BUSD stablecoins. You can also choose from a handful of fiat currencies as a payment method, including the Nigerian naira, Ukrainian hryvnia and the Russian ruble. Paxful is an online platform facilitating peer-to-peer cryptocurrency transactions, enabling users to buy and sell Bitcoin with other users directly. The platform acts as an intermediary, facilitating the connection between buyers and sellers and providing an escrow service to secure the transaction.