Top 6 Gift Cards That can be Exchanged to Bitcoin

It has become apparent a lot of people are wondering how to cover their gift cards to Bitcoin. Other than selling these codes on forums and online marketplaces, they can also be used to buy Bitcoin directly. Peer-to-peer marketplaces are always a great place to convert unwanted gift cards to Bitcoin with relative ease. Below are some of the top gift card types are usually in high demand by Bitcoin holders, increasing one’s chance of success.

#6 USA iTunes Gift Cards

When it comes to buying or renting digital content, iTunes remains one of the first places people will look. Although iTunes gift cards are available in different currency denominations, the US Dollar variant is in big demand among Bitcoin users. It is highly unlikely Apple will ever integrate Bitcoin support, so having a valid gift card is the second best option. Selling such a code in exchange for Bitcoin – either at face value or slightly discounted – should never be a problem.

#5 Netflix Gift Cards

The name Netflix has become a global household brand over the past few years. Unfortunately, it is not possible to pay for Netflix with Bitcoin directly, and users will have to obtain a gift card or a prepaid Bitcoin debit card for this purpose.  Considering how Netflix is available in many different countries, the local gift cards provide an easy entry into the world of Bitcoin and cryptocurrency.

#4 eBay Gift Cards

Any service that does not accept BTC payments directly is beneficial to people looking to exchange gift cards to Bitcoin. eBay is no exception in this regard, as plenty of people use the service on a regular basis. Selling items can incur rather high costs, which can be paid for with a gift card. Until the platform start accepting Bitcoin payments directly, its gift cards can grant someone access to cryptocurrency without too much trouble.

#3 PayPal My Cash

Always be wary when dealing with gift cards from PayPal. The popular online payment processor has been a prime target for online criminals for several years now. Those who obtain a legitimate PayPal My Cash codes, however, can easily convert them to Bitcoin through peer-to-peer marketplaces. Do keep in mind most Bitcoin sellers are not too keen on PayPal for various reason, even though it is one of the most popular global payment methods.

#2 Starbucks Gift Cards

Converting Starbucks gift cards to Bitcoin has never been easier than it is today. Users can opt to sell codes to Bitcoin holders directly, or go through the Fold app. This latter service heavily depends on people selling their unused Starbucks gift card balance, and they may be willing to pay in Bitcoin directly.  A lot of people cherish their Starbucks visits, and Bitcoiners are no exception in this regards.

#1 Amazon Gift Cards

There is one type of gift card that can be exchanged for Bitcoin within a heartbeat. Amazon is one of the most popular global services in the world, and its associated gift cards always do well in Bitcoin marketplaces. Regardless of which region the gift code belongs to, Bitcoin users will always find a way to make the most out of it. Exchanging an Amazon gift card to Bitcoin should not be a problem, although most Bitcoin holders will expect to receive the code at a discounted price.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.