18 Platforms To Trade Gift Cards With Bitcoin And Cash in Nigeria

There are several platforms where you can conveniently exchange gift cards for Bitcoin or your local currency. Some of them include Bidali and Crypto Voucher, among others.

Table of Contents

• Crypto Voucher
• GiftCards
• Bitcardy
• Prestmit
  • What We Love About Prestmit :
• Patricia
• Egifter
• Paxful
• WeGift
• Purse
• Redeem
• Legitcards
• Coincola
• Pamcoins
• Bitrefill
• Bidali
• Gyft
• Sandycards
• Fold
• CoinCards

During the ember months, you may receive gift cards for shopping from a relative or business partner. When they send you gift cards, how do you convert them to fiat currency?

It should be easy to convert them to either digital coins or fiat currency. As such, we’ve compiled a list of major platforms that allow you to exchange gift vouchers for fiat currency (e.g., Naira) if you’re a Nigerian resident.

If you keep up with trends in Financial Technology, you’d know that gift cards are prepaid debit cards preloaded with funds for future use across various purchases.

Types of Gift Cards

1. Open-loop
2. Closed-loop cards

In the United Kingdom, gift cards are called gift tokens or gift vouchers, while in North America, they’re popularly known as gift certificates.

Regardless of the name, the important thing is that they are accepted as a means of transaction on the platforms we’ve compiled in this post.

Platforms That Let You Exchange Gift Cards for Bitcoin

The invention of cryptocurrency has significantly simplified the way we buy and sell goods and services online.

More importantly, gift cards have made accessing funds easier from anywhere in the world.

Unlike fiat currencies, these two payment methods—cryptocurrency and gift cards—have proven to be more efficient and faster than traditional money.

For instance, in cryptocurrency predictions released in June 2020, Bitcoin, the most valuable digital asset, was expected to reach an all-time high before the end of the year.

Among the platforms listed below, reputable gift card traders in Nigeria include Prestmit, Legitcards, and Sandycards.

Crypto Voucher

Crypto Voucher is a global exchange platform that allows you to buy crypto with gift cards. Cryptocurrencies available for purchase on this platform include Bitcoin, Bitcoin Cash, Ethereum, and Dash.

To trade, simply provide your card details along with your personal information. Once verified, the platform will email you a cryptocurrency voucher that you can redeem.

Pick your preferred coin, and you’re done!

GiftCards

GiftCards is a product of Bitcoin.com, a leading name in cryptocurrency. Other services offered by Bitcoin.com include Bitcoin gaming and a free Bitcoin wallet.

On the GiftCards platform, you can easily buy Bitcoin and Bitcoin Cash with a gift voucher.

Bitcardy

For Nigerian residents, Bitcardy buys gift cards and pays you in Naira or Bitcoin, depending on your choice.

The platform determines the value of your gift card and pays you accordingly in Naira at competitive rates.

Prestmit

Prestmit is one of the best platforms to sell gift cards worldwide. The most interesting feature of this platform is that it allows four different payment methods.

Unlike other platforms with limited options, Prestmit lets you receive payments in Naira, Cedis, Bitcoin, or USDT, depending on your preference.

Prestmit also offers one of the best gift card rates available, with transactions completed in under five minutes and instant automated payments. It’s safe to say this is one of the best sites to sell gift cards.

What We Love About Prestmit :

Fast and easy to use, available on Web, Android, and iOS.

Patricia

Patricia Technologies allows you to buy and sell all kinds of gift cards and even purchase cryptocurrencies while paying bills.

However, some users have complained about low exchange rates on the platform. The key is to find the platform that best meets your needs.

Egifter

Egifter is one of the most popular platforms for purchasing gift cards online or exchanging your gift tokens for cryptocurrency.

Some of the major supported brands include iTunes, Bed Bath & Beyond, Applebee’s, and Dunkin’ Donuts.

On Egifter, you can send a gift card to a friend with just a few clicks and complete a fast crypto transaction.

Paxful

Paxful, a leading peer-to-peer (P2P) marketplace, needs little introduction. To start trading, set up a Paxful account and exchange gift cards for cryptocurrency.

Paxful supports over 100 different gift cards that can be traded for Bitcoin. Some supported options include Walmart, Amazon, eBay, Domino’s, Uber, T-Mobile refill cards, Visa, Mastercard, and Google Play.

WeGift

With over 500 retailers’ gift cards supported, WeGift allows you to buy gift cards with Bitcoin.

The platform provides a variety of options, making it an excellent choice for trading gift cards for cryptocurrency.

Purse

Purse enables users to exchange Amazon and iTunes gift cards for Bitcoin or Bitcoin Cash.

The platform also allows you to pay for someone’s Amazon orders and earn BTC or BCH in return.

Redeem

Redeem operates as a P2P marketplace where you can buy and sell gift cards from more than 30 retailers worldwide, including Amazon, eBay, Walmart, Home Depot, and Best Buy.

During the COVID-19 pandemic, Redeem introduced 0% trading fees for all grocery store gift cards.

To enhance convenience, the platform launched @RedeeemBot, allowing users to sell gift cards directly via Telegram.

Legitcards

If you’re looking for a platform to exchange gift cards for Naira, Legitcards is a great option.

Legitcards allows you to buy Bitcoin with gift vouchers and sell BTC for local currency.

This platform supports gift cards from the UK, Canada, Australia, Singapore, Spain, Germany, Switzerland, and New Zealand.

Coincola

Hong Kong-based Coincola is another cryptocurrency exchange platform that supports peer-to-peer trading of gift cards with cryptocurrency.

On Coincola, you can buy and sell Bitcoin using gift cards from Apple Store, Netflix, and Spotify, among others.

Pamcoins

Pamcoins is designed for Nigerian users, allowing them to sell gift cards from Google Play, Apple, eBay, Amazon, and Steam.

You can choose to receive payment in Naira, Bitcoin, or Ethereum.

Bitrefill

Bitrefill allows you to sell gift cards for Bitcoin, Ethereum, Bitcoin Cash, and other cryptocurrencies.

Unlike Legitcards and Pamcoins, which cater primarily to Nigerian users, Bitrefill supports transactions in almost 200 countries worldwide.

Bidali

Bidali lets you trade gift cards for various cryptocurrencies, supporting a broad range of cards from different countries.

Gyft

With over 200 supported retailers, Gyft enables you to purchase gift cards using cryptocurrency.

Sandycards

Sandycards is a Nigerian-based platform where you can sell gift cards for Naira. The platform also allows users to sell Cash App funds.

Fold

Fold has limited functionality, allowing users to spend Bitcoin on prepaid Starbucks gift cards, which can then be used in-store.

CoinCards

While Legitcards is primarily designed for Nigerian users, CoinCards provides similar services for Canadian residents.

Bonus:

You can sell the following gift cards for Naira at a competitive rate at InfomediaNG Business Solutions:

• Unit Coins
• Bulk Coins
• iTunes ($50 and above)
• Steam ($20 and above)
• Google Play ($20 and above)
• Apple ($500 and above)
• Apple ($400–$499)
• Apple ($300–$399)