How to Convert an Amazon Gift Card to Bitcoin

What is an Amazon Gift Card?

Selecting the ideal gift has never been so easier. For holidays, birthdays, graduations, anniversaries, or any other festival, most people prefer a gift card to a more traditional gift. Most significantly, it allows the recipient the freedom and flexibility to choose their own gift. No more clothes that don’t fit, or books that will never get read. When you give to anyone an Amazon Gift Card, your gift is the perfect gift, every time. Amazon Gift Cards also make a great alternative to cash, checks, and money orders. Planning on purchasing something online, use your Amazon Gift Card to make safe and secure online payments which is accepted in everywhere.

Gift Card Amazon

What is Bitcoin:

Bitcoin means a type of digital currency in which encryption as well as encoding techniques is used to regulate the generation of units of currency and verify the transfer of funds, operating independently from a central point.

Bitcoin logo

Places you can buy gift cards with Bitcoin 

From the be below mentioned places you can buy gift cards with Bitcoin

#1. Gyft

#2. Fold App

#3. Purse.io

#4. Cryfter 

#5.  eGifter

#6. InstaGift 

#7  Yes To Bitcoins

 

 

What Bitcoin Offers?

Bitcoin offers consumers all over the world a great opportunity to buy things they would normally need a credit card. Especially Amazon purchases are in high demand for Bitcoin users, which is why services like Purse are gaining a lot of attraction in recent months.

Converting From Gift Card to Bitcoin

An equitable few services are working hard to make Amazon purchases accessible to Bitcoin users, even though the company has no plans to accept digital currency payments any time soon. Luckily for all parties concerned, there is abundance of intermediary companies who will take care of that problem.

 

In Europe, All4BTC is the organizer when it comes to purchasing things off Amazon – or anywhere else in the world, excellent with Bitcoin.

 

 

 

On the other hand for US customers, there have a service called Purse.IO. By using this platform, Bitcoin holders also can buy things they desire from Amazon, but even save some money while doing so. The way this system works is by letting credit card holders pay for Bitcoin owner’s Amazon orders, through a slight premium rate. This translates to a minor discount on every purchase made with Purse.io, although it might take a while before your order completes. But what about those people who have an Amazon gift card and are looking to convert it to Bitcoin? Such a opposite system is hard to come by, although there are a few options available. First and foremost, gift card holders can try and sell their product on auction sites such as Bitify, where the built-in escrow system will defend both buyers and sellers at the time of transaction. Another alternative would be to try and sell the gift card on Reddit or any Bitcoin forum. Both types of platform are visited by a large of Bitcoin devotees on a daily basis, and there will always be people looking to pick up an Amazon gift card. However, don’t wait for receive the card’s full value in Bitcoin, as a minor discount should be taken into account at all times.

This is one of the most intriguing aspects of Bitcoin and digital currency. Anyone in the world can offer something of value to them in exchange for the digital currency, and transactions can be completed in a matter of minutes. Granted, there is still a third-party platform involved in the process at some level, but there are slowly transitioning to completely decentralized marketplace ecosystem that does not require forums or auction websites any longer.

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