There are different websites that let you buy cryptocurrency gift cards. Gift cards are usually issued by companies or retailers to be used for purchases in some stores or shops. In this article we will be having a look at the most important platforms that are now offering virtual currency gift cards.
Gyft is one of the leading digital gift card platform where users can purchase, send and redeem gift cards from any device. Within the platform is also possible to instantly track the balances a user has.
In the platform individuals can buy gift cards from over 200 different retailers all over the world, and without fees! At the moment, it is possible to purchase cards from brands such as Target, Gap, GameStop using Bitcoin (BTC).
The Bitit Gift Card is one of the easiest way to buy virtual currencies. Using these Bitcoin Gift Cards, allow users to introduce Bitcoin to families, friends, and other interested individuals.
The pre-paid gift card solutions are denominated in Euros, meaning that the value of the currency remains stable until the user decides to redeem them into BTC.
It is very easy to use the Gift Card issued by Bitit. Once you receive one, you can redeem their value in Bitcoin, Ethereum or any other virtual currency available in the Bitit platform.
One of the most important cryptocurrency platforms in the market, Coinbase, has also launched an option for users to buy virtual gift cards with virtual currencies. In order to do so, Coinbase had to sign a partnership with a London-based gift card start-up known as WeGift.
This is very positive for the market, because nowadays it is difficult to pay with virtual currencies in different retail stores. Some of the shops that lets you buy with crypto gift cards issued by Coinbase are Uber, Google Play, Nike, Ticketmaster, and Clarks.
At the moment, Coinbase offers support Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and Ethereum Classic (ETC). Users in the European Union and Australia will be able to spend their virtual currencies in crypto gift cards and make purchases in their favourite shops.
Coinbase wrote in a blog post on July the 25th:
“Starting today, Coinbase customers in the EU and Australia are able to instantly spend their cryptocurrency balances on e-gift cards, making us the first trading platform to offer direct withdrawals into e-gift cards.”
Photo courtesy of thebitcoin.pub