Do you know how to buy Bitcoin with Amazon gift card balance? If you do not have the right answer, we will share it with you in this article. The goal is to cover all the topics related to Bitcoins amazon giftcards and how we could use the largest virtual currency.
If you consider buying Bitcoin with Amazon, then you are in the right place. However, we should distinguish two main things: how to buy Bitcoin with amazon payments and how to buy amazon gift cards with Bitcoin. The processes are quite similar but there are some differences that we want to take into consideration.
Brief History of Bitcoin
To know why you would like to buy stuff on Amazon with Bitcoin, you should know what this virtual currency is all about. Bitcoin (BTC) is the largest cryptocurrency in the world. It was created back in 2008 by Satoshi Nakamoto, an individual or group of people that wanted to search for a decentralized way to get access to financial services.
With Bitcoin, people and companies can easily send and receive payments without relying on a centralized third party (for example a bank or a financial institution). Due to the expansion of Bitcoin, other virtual currencies became also very popular, including Ethereum (ETH) or Litecoin (LTC).
In addition to it, with the popularity of this virtual currency, people all over the world want to know how to buy Bitcoin with Amazon gift card. At the same time, some other users would prefer to buy Bitcoin with Amazon balance.
Why do people want to sell amazon gift card for Bitcoin? Because Bitcoin has been growing in price since it was created. The virtual currency is now worth more than $30,000 and it has reached an all-time high above $64,000, showing that the virtual currency has a real user base and demand from both companies and individual users. However, you are not able to buy Amazon with Bitcoin.
There is even a country (El Salvador) that decided to make Bitcoin legal tender. Shops and companies must accept Bitcoin as a means of payment from customers. If you want to know how to buy Bitcoin with Amazon gift card, we understand that you want to be part of this economy.
What is Amazon?
Amazon is a company that started as an e-commerce platform but it now changed to a cloud computing, digital streaming and artificial intelligence company. It is considered one of the largest companies in the world alongside Google, Apple, Microsoft and Facebook.
People all over the world use it in order to get access to products from all over the world. This includes books, electronics, software, video games, furniture, toys and many other things. Indeed, it is considered to be the largest retailer in the United States by market capitalization (even larger than Walmart).
Amazon is now a clear leader in terms of services offered to users. The company is also providing an AI assistant, it became one of the largest online marketplaces, and it is also the largest internet company by revenue in the world.
Due to the fact that Amazon is also offering products to individuals all over the world, the possibility to pay with Bitcoin becomes certainly important. It makes transnational payments easier, faster and without the help of a centralized authority.
Thus, integrating Bitcoin with Amazon could be a very positive thing for customers but also for the company and for Bitcoin itself. However, we want to understand how to buy Amazon gift card with Bitcoin and also how to buy things on Amazon with Bitcoin (if that’s even possible).
What are Gift Cards?
Gift cards are known for being prepaid debit cards that make it possible for users to pay in specific shops or stores. Most of these cards can be used online and also in person. This is why you want to always have access to these gift cards. However, these gift cards usually have a minimum and a maximum amount to use.
Basically, a gift card is a debit card (prepaid) that you can use at any moment in the future and that would keep your funds safe and protected.
When we make reference to Amazon gift cards, we talk about gift cards that can only be used on Amazon. You would not be able to use n amazon gift card in another shop. Buying Amazon gift cards is easy and it shouldn’t take long. But users want to buy Amazon giftcard with Bitcoin.
As both Amazon gift cards and Bitcoin became very popular, many users are wondering how to buy Bitcoin with Amazon gift card as well. For example, you could charge your Amazon gift card with $100 and use it at any moment in the future on the Amazon marketplace. This could be eventually done with Bitcoin.
How to Buy Amazon Gift Card With Bitcoin?
Now it is time to share how to buy Amazon gift cards with Bitcoin. You can use the most popular virtual currencies (not only Bitcoin) to get access to Amazon and thousands (millions) of products from all over the world.
The first thing you need to know is that Amazon does not accept Bitcoin directly. That means that you would not be able to buy amazon gift cards with Bitcoin. You would have to do it through another service.
One of the pages that are currently allowing users to buy Amazon gift cards with bitcoin is CryptoRefills.
What is CryptoRefills?
If you want to buy Amazon gift cards with Bitcoin, the easiest way to do so is by using CryptoRefills. You can buy from Amazon with Bitcoin if you use an Amazon gift card. This is why we were sharing with you the details on what a gift card is and how they work.
CryptoRefills is a website that makes it possible for users to buy not only Amazon gift cards but also a wide range of gift cards with virtual currencies. For example, in the United States, users can purchase Amazon gift cards, Google Pay gift cards, PlayStation Now gift cards and many others only by using their favourite cryptocurrency.
There are hundreds of possibilities in some countries such as the United States or the United Kingdom. If you want to use your virtual currencies to buy goods and services, the best way to do so is by using CryptoRefills.
This is also one of the easiest ways to buy with Bitcoin on Amazon. Although you don’t do it directly, you can do so indirectly by getting access to a wide range of pre paid cards that can get filled with money paying in Bitcoin or other virtual currencies. Thus, this is the way in which you can buy from Amazon with Bitcoin.
How to Buy Bitcoin with Amazon Gift Card?
Things become somewhat more complicated if your goal is to buy Bitcoin with Amazon gift card. However, there are some pages and sites that are making it possible for users to buy Bitcoin with Amazon. One of these websites is Paxful.
Nonetheless, there are many other websites that accept Amazon gift cards in order to buy Bitcoin. Indeed, Paxful is one of those that will let you buy Bitcoin with Amazon e gift card in just a few simple steps.
You would be able to enter the Amazon prepaid card amount and this would automatically be converted into BTC or any other cryptocurrency. This is how easy it is. However, depending on the site you like the most (crypto exchange), the process of buying Bitcoin with Amazon gift card could change.
Paxful is a relatively known cryptocurrency exchange that offers users the possibility to buy and sell virtual currencies. The main difference with other exchanges is related to the fact that this is a peer-to-peer exchange and lets you buy digital currencies directly from other people.
This could be one of the best platforms to get access to virtual currencies. Nevertheless, one of the main features of this exchange is that it allows users to buy Bitcoin amazon gift cards. If you have an Amazon gift card, then you can use it here. However, this would not let you buy Bitcoin with Amazon pay.
Every single exchange supports different payment methods, but Paxful is at the forefront of the market when we have a look at the payment methods they offer. Getting access to virtual currencies is definitely important and Paxful is making it possible for everyone to get access to them.
Buying Bitcoin from Paxful is indeed one of the easiest ways to get access to the crypto market. Other platforms such as Coinbase or Binance do not support Amazon gift cards. This is why you should analyse very well which are the platforms that have support for this method.
Another way in which you can get access to Bitcoin with Amazon gift cards is by using LocalBitcoins.
LocalBitcoins is one of the most popular platforms (peer-to-peer exchange) where users can buy and sell Bitcoin with Amazon gift card. This platform is located in many jurisdictions and it makes it very simple for users to get access to virtual currencies. Indeed, this is a great platform to use for those that do not have access to exchanges in their region.
This option would make it easier for you to pay for BTC using an Amazon gift card. If you want to know how to buy Bitcoin using Amazon gift card, then you can do so with LocalBitcoins in just seconds.
However, you should take into consideration that the price of Bitcoin displayed on LocalBitcoins from vendors that accept Amazon Gift Cards could be higher than the usual price of Bitcoin in a crypto exchange. This is why you would prefer to buy Bitcoin using other types of platforms.
Nevertheless, LocalBitcoins remains a leader in the market in terms of solutions offered to users from all around the world. Additionally, the possibility of offering Amazon gift cards to customers makes it also much more useful for those users that do not know what to do with their giftcards.
How to Buy On Amazon With Bitcoin?
As we mentioned before, there is a way to buy on Amazon with Bitcoin. The easiest way to do so is by purchasing Amazon gift cards. You can purchase Amazon gift cards using CryptoRefills (depending on your region).
We have analysed how to buy Bitcoin with Amazon gift card, but we are also telling you how to buy on Amazon with Bitcoin. At the time of writing, Amazon is not accepting Bitcoin or virtual currencies as a means of payment. That means that if you have Bitcoin you would not be able to get access to the products and services sold on the Amazon marketplace and pay with Bitcoin.
Indeed, you would have to purchase those goods and services with an Amazon gift card. This is the easiest way in which you can get access to goods from Amazon. Buying on Amazon with Bitcoin is very easy and you can get it done in just a few minutes if you already have an Amazon gift card purchased with Bitcoin.
We have analysed how to buy Bitcoin with Amazon gift card and how to buy amazon gift cards with Bitcoin. In addition to it, we have analysed how we can easily use Bitcoin to buy on Amazon through gift cards.
Amazon and Bitcoin are certainly technological giants. While Amazon works as one of the largest and most successful companies in the world, Bitcoin has expanded as a solution for users that want to send and receive payments in a fast and easy way.
If you want to buy on Amazon with gift cards and pay with Bitcoin, then CryptoRefills is one of the best platforms you can use. It is fast to sign up and you would find it very intuitive. Instead, if you want to buy on Amazon with Bitcoin this is a great solution.
Finally, if you want to buy Bitcoin with Amazon Gift Card, you can certainly search for that option on LocalBitcoins, one of the largest crypto peer-to-peer networks in the world. Aside from that, we just need to wait until Amazon decides to integrate with Bitcoin and virtual currencies in one or another way.