Bitcoin, as a notable cryptocurrency, is now a popular means of exchange for some businesses across the globe. To a degree, you can purchase goods online with bitcoin, but the story is different with many physical stores. Even online, a large percentage of stores don’t accept Bitcoin or any form of cryptocurrency as payment. However, many who own Bitcoin can still shop in these stores without converting to fiat. The workaround for this Bitcoin purchase limitation is a “Gift Card.” A gift card allows cryptocurrency holders to shop easily without converting. So what is a gift card, and how does it work?
What is a Gift Card?
A gift card is a token or voucher with a prepaid value issued by a retailer or bank. It’s an alternative method of purchasing goods online or in physical stores without cash, credit card, or PayPal.
The value of gift cards doesn’t change. If you buy a gift card worth $50, you can purchase an item of the same value. Gift cards contain a pin code usable at a payment point. Many stores, new and established, approve the use of gift cards to shop. For example, Amazon, Nike, Apple, and other top businesses sell and accept gift cards. Some common gift cards available and usable online and in physical stores are;
- Amazon Gift Card
- Etsy Gift Card
- Nordstrom Gift Card
- Netflix Gift Card
- Starbucks Gift Card
- Visa Gift Card
- Walmart Gift Card
Beyond the few cited examples, gift cards are available in varieties with different features. You can even get mastercard giftcards with bitcoin!
Why Buy Gift Cards With Bitcoin?
Not so many stores accept Bitcoin. Hence, it may be pretty challenging, if not impossible, to buy goods from these online and physical retailers with Bitcoin. So, here’s where Gift cards come into play; you can use Bitcoin to buy a gift card, then use the gift card to shop in many stores.
How To Buy Giftcards Online With Bitcoin
There are many platforms on the web that allow you to buy different types of gift cards using cryptocurrency. Since most retailers won’t allow you to buy their gift cards using Bitcoin, these platforms serve as an intermediary. You can get gift cards from various retailers without buying them directly. The purchase process is quite similar on all these platforms. You may need to do the following:
• Visit a reputable website
• Select your region
• Pick the category of the gift card and the amount
• Pick the currency for payment
• Input your email address and make payment with crypto.
You can visit this website to buy different gift cards using crypto.
Best Online Gift Cards to Buy
As mentioned above, gift cards are available in abundance. However, which is the best buy? The best card to buy depends on the category that interests the buyer. For example, to purchase a mobile device, a Nike or any apparel gift card may not be applicable. Hence, a buyer must look to buy a gift card suitable for the type of purchase to be made. So here are the best gift cards to buy based on category.
In the entertainment category, you can use Bitcoin to buy popular and versatile gifts-card like iTunes, Google Play, Netflix, and Spotify cards. Gamers can also buy Nintendo and PlayStation gift cards. These cards are some of the best cards to buy online using Bitcoin.
Apparel and Accessories
Nikes wears, Callway, Bass Pro Shop, and Addidas, to name a few, are stores you can buy various fashion and sport wears from using gift cards. Many platforms that sell gift cards and accept Bitcoin always have these cards available for purchase. If you’d like to acquire any fashion item from these brands, but you have Bitcoin, simply buy a gift card and make your purchase.
Top E-Commerce stores like Amazon have gift cards. If you buy on e-commerce stores regularly, then an e-commerce gift card will come in handy for you. You can buy Amazon gift cards and Woocommerce gift cards to make online purchases in these stores. Shopify also accepts gift cards.
While you can buy different brands of gift cards online, the ones cited here are considered the best. However, keep in mind that you should always get gift cards that correspond to the item you intend to procure. Some other popular and reputable gift cards to buy include;
- Steam wallet card
- Lowe’s etc.
If you have Bitcoin, know that it’s difficult to buy goods directly with it online as many retailers don’t accept it. However, you can purchase gift cards with Bitcoin and use the cards to purchase many items online.