Websites for Buying Gift Cards With Cryptocurrencies - 1 opinion

Websites for Buying Gift Cards With Cryptocurrencies

If you want to know about Websites for Buying Gift Cards With Cryptocurrencies read this, Cryptocurrencies are digital currencies that have recently become very popular. They are secure, decentralized, and easy to exchange. The weakness of cryptocurrencies is that they currently don't take the form of physical money. Thus, if you want to buy a Mercedes Benz with Bitcoin or any other cryptocurrency, you actually can't do it at the moment.

Not all merchants are ready to accept Bitcoins as payments for their goods or services yet. However, large online shops like Overstock allow users to spend their Bitcoins on various items now. There are also many services allowing users to convert Bitcoins into real cash or gift cards effortlessly.

Despite not being widely accepted in retail stores yet, cryptocurrencies have long found their place among online shoppers due to ease of use and the speed of transactions. The same reasons are why cryptocurrencies have recently gained more interest in the alternative currency market. One company, eGifter, allows users to buy various gift cards for popular online shops using Bitcoins. For example, you can buy a Hulu subscription or Nike shoes with your digital money.

Another service offering cryptocurrency gift cards is Gyft which offers BitCoin-to-eGift-cards conversion.

The process follows four simple steps:

First, you choose what you want to purchase from their wide range of products including Amazon, Target, Whole Foods Market and many other retailers.

Second, select an amount of Bitcoins that will be credited to your account once your payment goes through successfully (the threshold varies depending on the store).

Third, you are asked to confirm the order. Finally, you are provided with a unique code for your gift card which can be redeemed on the retailer's website or in-store by showing it at checkout.

Unlike eGifter that allows users to convert Bitcoins into gift cards of various stores, Gyft only accepts Bitcoin payments for other digital currencies including Amazon Gift Cards and other e-cards. Users can buy other types of gift cards using their PayPal balance or credit/debit card.

If you regularly deal with cryptocurrencies, these services allow you to use them more frequently when buying physical items online. If however cryptocurrency is still something new to you, this might not be the best option since some retailers don't have Gyft cards in their stock. You can also directly buy Bitcoins at the moment with PayPal or credit/debit cards through LocalBitcoins service. There are many options to choose from, so do some research before making a decision on which one is most convenient for you. Let us know in the comments below if you have used any of these services before.

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