We already know there are many different ways to buy Bitcoin. But… can we buy Bitcoin with prepaid card?

Users are searching for a wide range of ways to get access to Bitcoin. One of the best ways to do so is with bitcoin prepaid cards. 

In this complete guide, we are going to share with you how to buy Bitcoin with prepaid card. You will also learn whether you are able to buy bitcoin with prepaid visa gift card, the advantages and disadvantages of this method and whether this is a safe way to acquire BTC.

Prepaid cards are a great way to buy goods and services. The difference this time is that you will be paying with a card rather than with cash. Prepaid cards work in a similar way to debit cards or credit cards.

You can buy a prepaid card already loaded or you can buy an empty card and load funds. The benefits of these prepaid cards are that you do not need to have a bank account to use them. They are not linked to your financial data. Thus, you can start using them to purchase several things. 

Of course, you can buy bitcoin with prepaid visa gift card or any other prepaid card currently available. There are different prepaid cards. Each of them will work in a different way and offer you different solutions. Nonetheless, they will still offer you the standard solutions of a prepaid card. 

Users tend to receive prepaid cards for Christmas, birthdays and special occasions. However, some people do not know what to do with them after they receive this special gift. One of the things that they will allow you to do is to buy Bitcoin. 

Understanding how a prepaid card works is the first step to buy Bitcoin with prepaid card. The next thing we need to know is how to do so and which are the issues we might encounter along the way.

Bitcoin is the largest cryptocurrency in the world. In recent years, its fame allowed it to attract a large number of users and investors. With this in mind, we now need to know where to buy it. By far, the most popular way to acquire Bitcoin is using a cryptocurrency exchange. They are easy to use, user-friendly and they are also offering other solutions to users. 

Nonetheless, in order to deposit funds in these platforms, you need a bank transfer or using a debit or credit card. This is where we will be able to buy Bitcoin with prepaid debit card. Some exchanges are also accepting credit cards. This is going to be very useful to users that want to buy Bitcoin with prepaid credit card. 

To buy bitcoin with prepaid debit card, you will only need to search for an exchange. These crypto platforms will be very useful for you to buy and sell digital assets. However, you need to make sure the crypto exchange offers support to debit and credit cards. 

Once you have selected the exchange you want to use, it comes the moment where you will buy bitcoin with prepaid debit card. Take into consideration that some exchanges accept both debit and credit cards. This is why you will also be able to buy bitcoin with credit card as well. 

You will have to open an account on the platform. This can take up to a few minutes. Remember to always confirm your email account and identity in order to have access to all the services and solutions. The verification process can sometimes take a longer time, but it is definitely worth it. 

In the exchange you selected, you will be able to buy bitcoin with prepaid visa gift card or a normal card. This can be one of the easiest ways to get access to the crypto market. Many users already know how to use a prepaid card. The whole process will be much simpler and easier for them. 

As we have mentioned before, there are different cryptocurrency exchanges that allow users to buy bitcoin with prepaid card. The main challenge you will face is to find them. 

The whole experience will depend on the exchange you like the most. Moreover, if you have an account in an exchange, then there is no need to open another one. Just remember to have verified your account in these platforms. Remember to always verify if your exchange is supporting prepaid cards to buy Bitcoin or other cryptocurrencies. 

Once you do so, you will be able to select Bitcoin and buy it with the card you want. Take into consideration that these platforms have sometimes fees on the transfers processed with cards. Some platforms are not accepting payments with credit and debit cards. This is why you should also check whether your exchange is accepting these payment methods. 

The verification process is going to be very simple. You can check this data on the FAQ section of the platform you use or contact the customer support if you cannot find the answer.  

Another way to buy Bitcoin with prepaid card is by searching P2P markets. These markets would be very useful for you to exchange your prepaid card for Bitcoin. Despite that, you will have to find a customer that would accept payments in prepaid cards. Although this might not be difficult to find, they could have higher prices than using other payment methods. 

If you know a person that is interested in selling Bitcoin, then you can make an offer with your prepaid card. As we just mentioned, it might be possible for these users to sell these BTC at a premium price if you pay with a prepaid card. In this case, you just need to make a decision on whether you would accept the price or not. 

Buy bitcoin with prepaid card is a safe thing to do. If you are concerned about safety, then you can be sure this is a safe method to get access to cryptocurrencies. Considering the card will not be linked to your bank account, you will have to share less information with the exchange or platforms you use. 

Moreover, having a prepaid card would not disclose your name and surname. You will not have to share your personal information as using traditional debit and credit cards. This is something that you should take into consideration when you handle prepaid card payments. 

Nevertheless, the platform you are using to buy Bitcoin with a prepaid card might ask you for an ID verification. If that happens, the safety issues would be related to the exchange platform and not with the prepaid card. Prepaid cards tend to be very safe and you can be sure they work properly.

Without a doubt, handling payments with prepaid cards is going to be very convenient from a security standpoint. Despite its positive aspects, there are many scammers in the market. Therefore, you should always use these cards with extreme care. You might send some funds to a scammer or to the wrong person. If you do this, it may be very difficult to recover your funds once the transaction is processed. 

It is worth pointing out that there are advantages and disadvantages to buying bitcoin with a prepaid card. This method is used by people that like to make it simple, short and have good results. You shouldn’t encounter issues while using this payment method. 

A large number of individuals receive prepaid cards. That means that there are thousands, if not millions of users all over the world. As previously mentioned, prepaid card users sometimes do not know what to do with them. One of the things they can do is to buy bitcoin with prepaid visa gift card if they receive one. 

Another positive aspect of prepaid cards is related to the information users need to provide to the platform. Considering they do not have your name printed, this can be a good way to avoid sharing private information. 

Nowadays, data is very important. This is why third-parties are collecting as much of it as possible. If you buy bitcoin with prepaid credit card, you will be able to protect your identity. Of course, there can be many other advantages related to the usage of prepaid cards. However, we have just enumerated a few of them. 

Moving into the disadvantages, we can mention that there are just a few platforms supporting debit and credit cards. Some others are not even handling gift cards, which make the whole process more difficult. That’s the main challenge of gift cards. It is difficult to find an exchange that would accept gift cards. 

Let’s say you found an exchange that allows you to purchase Bitcoin with prepaid card. However, you realize you need to verify your account. The platform will require you to send an ID verification. If that happens, then the benefits of remaining anonymous will be immediately erased.

You cannot enjoy the benefits of not having to provide your private information if they request you to send an ID verification. Thus, the way exchanges work would simply transform an advantage into a disadvantage. 

Buying Bitcoin or cryptocurrencies with prepaid cards can be also difficult. Even if some platforms offer users with the possibility to buy Bitcoin with prepaid card, they might not allow them to acquire large amounts of crypto. This can be a problem if you are a large investor or if you want to have a larger exposure to the market. 

In some crypto platforms, not all the cryptocurrencies will be available. For example, they might allow you to buy Bitcoin, Litecoin (LTC) or Ethereum (ETH) but not smaller coins. This could be a disadvantage for those users that want to have access to smaller tokens and digital assets. 

Of course, there are many other things to take into consideration when you use prepaid cards. This was just a summary of the main advantages and disadvantages of using them to buy Bitcoin and other virtual currencies. 

Buying Bitcoin with prepaid card can be a great way to get access to the cryptocurrency market. Of course, there are many other ways to get exposure to Bitcoin. However, we have decided to share this one with you so you can have an alternative method to get exposure to virtual currencies. 

Prepaid cards have a large number of advantages that you can check in the list above. But they also have some disadvantages. If you have gift cards and you do not know what to do, then, using them to buy Bitcoin could be a good option. 

The challenging part, however, is to find a platform that would accept payments with prepaid cards. Remember you can also buy Bitcoin with prepaid card to other users and investors. 

Unquestionably, using prepaid cards to buy Bitcoin is going to be a very convenient and useful option for many users. You just need to make the first step and buy Bitcoin with prepaid card.

bitcoincash outlook improves as traders greet new code releaseLooking to buy Bitcoin with a prepaid card? Well, read on. Though not the most common way of getting a hold of your favorite crypto, many places who accept Visa and Mastercard also accept this option. Prepaid cards are somewhat different than normal debit cards, because they’re typically not linked to bank accounts. Many banks provide overdraft facilities for traditional debit cards meaning that you can, in effect, use them as credit cards.Prepaid cards on the other hand only allow you to buy goods or services with money you actually have. You may wonder why people use them in the first place, but consider this man who decided to take out an equity loan on his house to buy around 191 Bitcoin last year. If it wasn’t clear before, it should be now – buying cryptocurrency on credit is a risky business!In the early days, getting ahold of some Bitcoin was a bit trickier. There were only a few exchanges who offered it, or you could grab some if you had the technical chops to mine it yourself. Thankfully, it has become a highly sought-after commodity and is widely available today. We’ll link to some detailed articles below if you’re looking for the steps on how to buy bitcoin with a prepaid card at a specific exchange. The process is more or less the same as with any debit or credit card. If you’re interested in buying bitcoin with cold hard cash head on over to that article for some insights. Otherwise, let’s get to it.CoinMama was established in 2013 in Israel and now operates out of Slovakia in the EU. It was one of the first exchanges to provide cryptocurrency purchases via debit and credit cards. Prepaid cards will also work with the service as long as they are Visa/Mastercard supported. All of the major coins like Bitcoin, Ethereum and Ripple are supported, including some alternatives like Cardano, Qtum, and Ethereum classic. For a deeper look into the platform take a look at our CoinMama review.Coinbase is a well-established name in the crypto space and has been operating since 2012 out of the US. The company is heavily-regulated, which may concern some users who value their privacy. They do, however, provide good options when it comes to payment cards.The fees are also noticeably lower here than with CoinMama, which is a distinct advantage if you plan to buy on a regular basis. Coinbase is in the process of adding to their list of cryptocurrencies, which is also a good sign. Support for lesser-known options like ZeroX and Basic Attention Token have recently been added. Find more in our Coinbase review.CEX is a European exchange that operates out of the financial capital of London. They’ve been around since 2013 and have become known as one of the cheapest places to purchase crypto when paying by card. Available currencies include Bitcoin, Dash, Ethereum, Ripple, ZCash, and Stellar.Many enthusiasts are attracted to the lower card fees found on CEX. Unfortunately, they only cater in Dollars, Pounds, Euros, and Rubles right now, which means you’ll have to pay additional conversion costs if you’re transferring with another fiat currency. For more info, follow along with our CEX review.LocalBitcoins is different from the exchanges mentioned above as it’s more of a peer-to-peer service. The company was created in Finland in 2012. There are a whole host of alternative payment options including things like iDEAL, PayPal, Western Union, and Amazon gift cards to name a few.You’ll have to consider security with any physical payment method, so it’s best to stick to prepaid cards where serial numbers can be transferred electronically. It’s highly recommended to start with smaller transfers so you get used to the process before going big. There is also an escrow service to mediate between buyers and sellers in the event of a dispute. Follow along with our review here.Paxful is another peer-to-peer marketplace that connects buyers with sellers. The number of payment options is quite remarkable, even including such prepaid cards as the Google Play Gift Card, eBay Gift Card, or a PlayStation Network Gift Card.Just like LocalBitcoins, Paxful is widely available and allows exchange in your local currency to simplify trade. At this time they only support Bitcoin. For more details take a look at our step by step guide and review of the Paxful exchange.Well, that’s our roundup. Along with prepaid debit cards, it turns out that there are actually quite a few other card options that allow you to get your hands on your favorite cryptocurrencies. Buying bitcoin with a prepaid card is not the cheapest option out there and even the cheapest exchange can set you back fees of at least 3.5 percent.For clients in some countries, paying by card is probably the easiest and most convenient option. In most cases, however, you’d save quite a bit of money by registering with a local exchange and funding your account via bank transfers. But at least it’s nice to have the option!The post How to Buy Bitcoin with a Prepaid Card appeared first on CoinCentral.source: ld>prepaid-card/ Apple Loses Almost As Much As Bitcoin’s Entire Market Cap in One Day Markets Update: BCH and BTC Consolidate, ETH Regains Second Spot The Daily: Cointext Offers Philippines BCH Wallet, Beam Launches Mimblewimble Coin Grandma-Friendly Bitcoin Lightning Network Wallet Launches in Australia Apple Loses Almost As Much As Bitcoin’s Entire Market Cap in One Day Markets Update: BCH and BTC Consolidate, ETH Regains Second Spot The Daily: Cointext Offers Philippines BCH Wallet, Beam Launches Mimblewimble… Grandma-Friendly Bitcoin Lightning Network Wallet Launches in Australia

Although I claimed myself as self employed, officially I am unemployed. Especially where the source of my income are from content creating, trading, investing, airdrops, and giveaways, all of them paid in cryptocurrency, almost no banks are willing to issue a credit card for me. While credit card’s original function is to buy now and pay later (credit/debt), it can be the only method of purchase for certain online services. It is good that in convenient stores that there are vouchers to purchase at Amazon, Google Play, Apple Store, and Microsoft Store. However, certain online services still accepts credit card only.

It is good that in convenient stores that there are vouchers to purchase at Amazon, Google Play, Apple Store, and Microsoft Store. However, certain online services still accepts credit card only. Although in IEEE membership payments there are other options but I cannot pass Wechat and Alipay verification in my region, and yes there is Paypal but ironically I can only top up using credit card in my region. They do provide payment to banking but not online banking and not also direct transfer but a complicated process compared to digital age that we are now of filling the forms and lining up in the queue and not to mention whether the teller understand this kind of payment.

Good thing I applied for and got a Prepaid Visa Card during my time in Japan that can be topped up with cryptocurrency. The card that I got is Vandle Card which currently can be topped up in Bitcoin and Bitflyer exchange for now. There are Crypto.com Card, Binance Card, Coinbase Card, and Plutus Card, they are unavailable on my region. There is Ternio Block Card but I have not tried. The only card I have now is Vandle Card.

I topped up enough amount to pay for my membership. At first, I tried without topping up and an error occurred. I was hesitant at first but got the courage to top up. Finally, I tried again and the transaction is accepted. As you can see, below the payment history IEEE PRODUCTS AND SERVICE is the Katakan letter of Bitcoin which is a history showing that I topped it up with Bitcoin.

Coinbase

Coinbase is the easiest place to buy and sell cryptocurrency, especially, Bitcoin. As one of the leading mainstream cryptocurrency exchanges in the United States, the platform has become a standard on-ramp for new crypto investors over the past few years. Coinbase offers a wide variety of products including cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, a wallet for retail investors, and its own US dollar stable-coin. Founded in 2012, the platform is a secure place that makes it easy to buy and sell cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Recently, Coinbase was valued at US$85 billion, spurring bitcoin and ether to all-time highs.

Cash App

Cash App is a peer-to-peer payment service owned by Square Inc, a leader in the fintech industry. Users can create a free account that will then let them instantly send or receive money from other users within the same country. They can also add funds to their Cash App account using a debit card linked to an existing bank account and can carry out the transfer from the Cash App account to the bank account instantly. Fortunately, the platform has expanded its service beyond Peer-to-peer payment service. The app users can also receive direct deposit payments and ACH payments, as well as purchase Bitcoin through Cash App. The platform started Bitcoin service in 2017 and is now allowing users to buy and sell them.

Binance

Binance is an exchange where users can trade Cryptocurrencies. Founded in 2018 to enable peer-to-peer Bitcoin exchange transactions using local currencies, the company is now offering trading in more than 45 virtual coins including Ethereum, Litecoin, and Binance Coin using 55 local currencies via 150+ payment channels around the world. In 2020, Binance P2P processed US$7 billion worth of transactions made through 3.8 million orders, with daily volumes reaching as high as US$54 million. Among the many P2P solutions offered across the crypto market, the Binance P2P Bitcoin exchange offers several competitive features like zero fees, multiple payment methods, Escrow service, high liquidity, etc.

www.analyticsinsight.net

Loadoo LLP, a company registered in the UK, provides a prepaid payment card which users can load through PayPal or via bitcoin. Loadoo offers virtual and plastic cards that are available in euro, US dollar and British pound. The company is particularly targeted at two audiences: PayPal users who are looking for an alternative to bank card to withdraw their funds and spend their cash online or offline; and bitcoin users who are looking for a prepaid payment card that can be easily loaded using cryptocurrency. For all third-party merchant withdrawals into Loadoo cards, such as PayPal, Skrill and betting sites, users need to get verified and provide full identity details. Being verified allows them to get higher limits for withdrawals. The process is done remotely, 100% online. The company claims to have 12,000 registered users and sold 6,500 cards. Clients are mainly users in Europe who are typically online traders, freelancers, online marketers and remote workers. Loadoo is currently running an affiliate program, allowing individuals to earn cash by inviting their friends as well as potential customers. Once a referral business activity (using a special link) is detected, users are rewarded with Loadoo bonus points that can be converted into real money. The rewards go as followed: The card itself costs US$7. The company charges a 3% foreign transaction fee and a US$1 monthly fee. Card load by bitcoin costs 2%, and Loadoo charges an additional 1% bitcoin exchange fee. Receiving money from PayPal or other merchants costs a 5% fee. Loadoo is yet another provider of bitcoin prepaid cards, a concept that emerged a few years ago aimed at bridging the Bitcoin world with traditional finance. Overview of Wealthtech in Switzerland Wealthtech, a sub-category of fintech

SHAREBITCOINbitFlyer rolls out Visa-powered Bitcoin prepaid card in JapanBY Jasmine Solana ON October 10, 2017 TAGs: Bartek Ringwelski, Bitcoin, bitFlyer, JapanMainstream Bitcoin adoption continues in Japan, and this time with a little bit of boost from cryptocurrency exchange bitFlyer.The Tokyo-based exchange, considered to be the largest in Japan by trading volume, introduced last week its own reloadable Visa-powered prepaid card. Starting Oct. 6, Bitcoin users in the country can apply for the bitFlyer-branded prepaid card, which they can fund with Bitcoin and use at stores in the country that accept Visa cards.bitFlyer said on its website that the cards are free to use, and doesn’t require an admission fee nor will it charge an annual fee. However, there is a JPY30,000 (USD266) limit per load, as well as a monthly load limit of JPY120,000 (USD1,067) and a lifetime load limit of JPY1 million (USD8,894).The bitFlyer prepaid card has a five-year expiration date, and its balance cannot exceed JPY100,000 (USD889), according to the company.To avail of the bitFlyer Visa prepaid card, customers first need to apply on Vandle Card’s website. Vandle is a product of Kanmu Inc. and Orico Corporation, which has partnered with bitFlyer for the prepaid cards. Customers are urged to register the cards with the exchange once they received their bitFlyer-branded prepaid cards in the mail.As part of the launch, bitFlyer also announced a lottery draw to give away gifts to 1,000 “Trade Class” customers who have signed up for the Visa prepaid cards between October 6 and October 22.“Those who have confirmed transactions at the time of application deadline will be eligible (Trade class only),” the exchange said. bitFlyer has two account classes: the Wallet Class, which doesn’t allow its users to buy or sell digital currencies; and the Trade Class.Bartek Ringwelski, COO of bitFlyer USA, described the Visa prepaid cards as a “missing piece of the puzzle” that will push Bitcoin adoption in Japan even further.“The bitFlyer prepaid Visa card will allow even more Japanese consumers to interact with Bitcoin in a convenient and frictionless manner,” Ringwelski told CalvinAyre.com.bitFlyer has yet to confirm if the Visa prepaid card will also be making its way to the United States. The Tokyo-based cryptocurrency exchange, which has opened an office in the financial district of San Francisco, is eyeing to start its U.S. operations by the fall of 2017.bitFlyer said it will initially offer Bitcoin-to-USD trading for “professional traders and institutions” in the United States when it launches, but there are plans to expand the operations to support other trading pairs and products. Commentsviews and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com CommentJoin the discussion Comments

BitPay said on Friday its bitcoin cards could be added to their Apple Wallet, giving cryptocurrency holders a new way to spend via Apple Pay.

“We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” said Stephen Pair, chief executive of BitPay, in a statement.

He added: “Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.”

BitPay said on Friday that its Prepaid Mastercard holders in the US will be able to add their cards loaded with cryptocurrencies onto Apple Wallet, allowing them to use the currencies for Apple Pay.

Read more: A crypto CEO breaks down why Tesla adding bitcoin to its balance sheet will create a ‘domino effect’ that lifts the cryptocurrency to $US100,000 by the end of 2021 — and says Dogecoin is destined for a GameStop-style plunge

At least one bitcoin backer predicted its price would climb to $US100,00o this year.

On Monday, an RBC Capital Markets analyst raised his firm’s price target for Apple shares, saying Apple may benefit from cryptocurrency.

RBC analyst Mitch Steves said Apple could add billions in new business by allowing crypto trading and purchases.

“If the firm decides to enter into the crypto exchange business, we think the firm could immediately gain market share and disrupt the industry,” RBC said.

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

The ‘Shocked’ Melbourne Airport Seccies Explained How TF...

KFC Is Making A Horny Colonel Sanders Biopic And Judging By The...

Holy Shit: There’s A ‘Revolt’ In The Queen’s Staff & Her...

Scott Morrison Has Apologised For Straight-Up Lying About Kevin Rudd...

In About-Face, UK Will Not Allow Huawei To Be Involved In Any Part Of...

Universal Orlando Parks Will Reopen June 5 Despite Risk Of...

Pro-Privacy Lawmakers Secure A Vote To Protect Browsing Data From...

Jurassic World: Dominion Is Definitely Not The Planned End Of The...

White Twitch Talk Show Host Finally Drops 'Rajj Patel' Moniker

Is Chris Redfield OK

Everything We Know About The PlayStation 5

Call Of Duty's Battle Royale Adds Random Event That Resurrects...

The Best Snapchat Games To Play Right Now

Disable UPnP On Your Wireless Router Already

How To Use Water Jugs As Weights

This Android Wallpaper Can Brick Your Phone

BitPay is expanding its prepaid Visa debit card offering to more than 100 new countries. Unveiled today by BitPay chief commercial officer Sonny Singh at Consensus 2017, the Visa-branded offering enables users to top up its BitPay Prepaid Visa Card with dollars using cryptocurrency, which can then be spent as euros, British pounds or US dollars at merchants around the globe. This will be the first prepaid debit card that will be available in131 countries, BitPay CEO Stephen Pair said in interview. As such, the announcements marks perhaps the boldest execution on an idea that has been pursued by bitcoin-focused startups since 2014. But while early attempts at executing on the idea were met with setbacks, Pair said its partnership with Visa would ease issues. Pair continued: This is about as broad as you can go with bitcoin cards. Its really putting the card out into a far-reaching population. So far, BitPay reports that 15,000 cards from itsdomestic product, unveiled last year at Consensus 2016, have been ordered. Further, the startup reported that it has seen growing demand for an international version of the offering since last year. We have a waiting list of over 20,000 people who have asked, BitPay marketing and communications manager James Walpole told CoinDesk. This provides a lot of value, especially in emerging markets where bitcoin is used for real-world payments. Still, the product launch notably come at a time when some projects and startups formerly using the bitcoin blockchain as a payment rail have begun to adopt other solutions due to escalating network fees. (As transaction volumes have grown, the hard-coded limit on block size has effectively created a market for space on the bitcoin ledger). But while Circle, another payments-focused startup, migrated to a new platform unveiled in December, Pair appeared less interested in this idea, stating that BitPay needs a cryptocurrency that is secure, liquid and sufficiently scalable. Were committed to one blockchain in the long term, but if theres a problem with that network, wed evaluate some other currency or a fork of the bitcoin blockchain, he stated. Users have to pay the associated bitcoin network transaction fees to load the BitPay Prepaid Visa Card, but the BitPay team stressed the utility of its product and the benefits of cryptocurrency would be enough to override those concerns. Founded in 2011, BitPay is one of the longest-operating bitcoin startups, having raised just over $30m in three public funding rounds. Disclosure:CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in BitPay. Images via BitPay This article has been updated for clarity. -bitcoin-prepaid-card/

You can actually buy Bitcoin with amazon gift card balance.

Left over prepaid cards and gift cards can be redeemed through online services to exchange the Amazon gift card to buy Bitcoin using a fiat-to-crypto exchange.

The process is quite straight-forward as exchanging your Bitcoin gift card money in return for Bitcoin using a cryptocurrency exchange.

If you have some Amazon gift card lying around in your closet, this will also be one of the smartest investment strategy to sell Amazon gift card for Bitcoin cryptocurrency.

Before you start trying to buy BTC with Amazon gift card, if you don’t have a wallet to store your new Bitcoin, we recommend that you read my article on the best crypto hardware wallets.

Without much ado, let me take you through how to convert your Amazon gift card to Bitcoin by purchasing an equivalent amount of BTC crypto-coins.

Let’s get started!

Shall we…?

For the sake of simplicity and clarity, am going to showing you how to buy Bitcoin with amazon gift card on LocalBitcoins.

To help you learn and understand how this marketplace platform works, I have written a review on LocalBitcoins exchange.

Follow these simple steps below:

That’s how simple it is!

You have successfully purchased Bitcoin with Amazon e-gift card as the payment method using LocalBitcoins.

There are only few reliable platforms that you can actually trust enough to buy Bitcoins with Amazon gift card code online without loss of money due to investment scams and theft.

LocalBitcoins is a P2P (Person-to-Person) Bitcoin exchange platform that specializes in connecting buyers and sellers. It gives vendors an ability to create offers in all currencies, while serving as escrow.

Buy Bitcoin from LocalBitcoins

Paxful is a person-to-person marketplace that supports over 300 payment methods. It gives vendors the ability to create offers in all currencies – just like LocalBitcoins.

Below are my answers to some of the frequently asked questions online, while researching on how to buy Bitcoins with Amazon gift card balance.

Founded in 1994, Amazon is the inventor of the original affiliate program and is now the richest company in the world.

Besides being heavily invested in data & analytics (Alexa), Amazon prides itself on providing excellent customer service and its ability to deliver everything from A to Z for its customers.

Amazon’s core business model today includes Amazon Web Services, Kindle, Audible, Twitch, and Amazon Prime (Movies, Music, IMDB).

It offers Fulfilment By Amazon (FBA), Kindle Direct Publishing, Amazon Associates, and Merch for small businesses and entrepreneurs who want to partner with the company and its platform on autopilot.

Amazon gift cards can be found at most major retailers. You can also use the Amazon Bitcoin payment store known as Purse.io to get the gift cards.

Cryptocurrency exchanges and services like, Local Bitcoins and Paxful allow Bitcoin purchases using prepaid cards. These marketplaces are available worldwide and support multiple payment methods (including local currencies).

Amazon gift cards are instant payment method with a unique electronic code that helps reduce fraudulent activity and theft. It is a safe method to buy Bitcoin as long as this code is not publicly disclosed or compromised.

Users can conduct their own due diligence when using P2P exchanges in particular, as the transaction parameters are agreed between the buyer and seller.

So now that you know how to sell Amazon gift card in exchange for Bitcoin, the next step is for you to sign up with the services listed above and try it out for yourself.

There’s no excuse to have unused Amazon gift cards laying around. These providers also allow you to buy Amazon Gift Cards with BTC.

Try not to leave your Bitcoin investments on an exchange where you bought it, because it’s not a safe method of storing crypto-coins.

You can use Ledger Nano X wallet as it’s one of the best wallets in the market, or simply download Trust mobile app wallet to avoid theft and hacks.

April 22, 2018 On May 22, Bitpays chief commercial officer, Sonny Singh, revealed its prepaid bitcoin debit card product will now be available in 131 countries. Initially, the card was only available for U.S. residents but due to the expansion users worldwide can now convert bitcoin into spendable euros, pounds, and many other fiat currencies.Also read:Is It Too Late for Barry Silberts Scaling Compromise Proposal?Bitpays recent announcement will mark the companys pre-paid Visa card as the first cryptocurrency tethered debit card thats available to over 130 countries worldwide. The Atlanta-based firm believes the improved accessibility of the Bitpay card will enable global citizens the ability to utilize the tool with their digital currency savings.Todays news makes the Bitpay Card the first prepaid Visa debit card available for bitcoin users in both the United States and in major bitcoin-using countries such as the UK, Germany, China, Japan, Argentina, and Brazil, along with 125 other nations, explains Bitpay.With a growing bitcoin user base and a bitcoin market cap of $36 billion, the Bitpay Card is poised to become a powerful spending tool for bitcoin users around the world. According to Bitpay, the company has issued over 15,000 cards since revealing the bitcoin debit card in May 2016 and has a waiting list of applicants as well. The card available for bitcoin users was the first to offer conversion ability in all 50 U.S. states.The card is significantly more convenient, more affordable, and faster by an order of days than many online exchange methods for bitcoin today, Bitpays announcement states. The Bitpay Cards recent integration with Bitpays bitcoin wallet allows users to convert bitcoin funds to dollars, euros, or pounds on the card in one in-app swipe.What do you think of the Bitpay bitcoin card being available to 131 countries? Have you tried Bitpays Visa card? Let us know about your experiences and what you think about the bitcoin card in the comments below.Images via Shutterstock, Twitter, and Bitpay.At News.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it.This is due to the many, repetitive, spam and scam links people post under our articles.We do not censor any comment content based on politics or personal opinions.So, please be patient. Your comment will be published. SourceGet Latest Bitcoin news straight to your email.Copyright 2014 - 2018 by Bitcoins Channel. Made by Ever Smile Hosting

From the original Bitcoin, Bitcoin Cash (BCH) was born in 2017 with the aim to solve disagreements regarding the original Bitcoin payment and the operation of the blockchain. Today, you can buy Bitcoin Cash with a credit card from the convenience of your home or mobile phone. If you have no idea how to go about this, we will teach you the best possible processes you can follow. So, there is no need to worry about it. 

One thing you need to know is that taking precautions when transacting with crypto is necessary, and it starts with securing your device with strong antivirus and is followed by using a reputable platform. With this in mind, let us go through the process. 

Assuming that you are a newbie in BCH, then you need to have a wallet where you will put your digital coins. Usually, wallets are hosted by third-party platforms, and you need the best. Download their app or visit their website to create a wallet. 

Each platform has different procedures to create one, but all are easy to follow. The most important things to note are your passwords, recovery details, and any other information that you need to keep secure. 

Before you proceed to an exchange platform to buy Bitcoin Cash with a credit card, you should make sure that the card is valid. A credit card has limits, and if you have already spent against it, you should know the amount to avoid disappointments during transactions. Your bank will advise you on all these details upon inquiry. When all is set, then move to the most important step, buying Bitcoin Cash with a credit card. 

Last but not least, you can buy BCH from a Bitcoin ATM. Today, these machines are versatile, which means that they can offer you this service. The good thing is that they are instant as soon as they verify that your credit card is legit. The BCH will be sent to your wallet immediately, and you can verify this through the same machine. 

There you go! You have numerous options to buy Bitcoin Cash with a credit card. As mentioned, the most important thing is to have the wallet ready and use a known platform. Now that you know, it is time to start trading.

Follow Techiemag for more!

These days, a lot of Bitcoin users are looking at various ways to protect themselves against price volatility. On paper, this sounds a lot easier than it is in reality, although some solutions are easily accessible such as one Bitcoin debit card that can protect users. Also read: Block Size Fork Ahead: Are Your Bitcoins Safe? When it comes to embracing Bitcoin and using the popular digital currency at any given opportunity, the options are slim pickings. One way to circumvent this problem is by obtaining a Bitcoin debit card, which lets users spend digital currency wherever credit card payments are accepted. In most countries, roughly eight in ten shops will accept card payments. But there are more advantages to Bitcoin debit cards than most people realize, depending on the type of card. For most consumers, a prepaid card makes the most sense, as they will load a certain amount of bitcoin onto the card and spend it in their preferred denominated fiat currency. However, ensuring there are funds on the card at all times can be a bit annoying for some people. This is why there are other companies issuing Bitcoin debit cards linked to a Bitcoin wallet directly. Rather than topping up the prepaid balance with Bitcoin and have it converted to fiat currency at that time, these cards will maintain the current value of Bitcoin at all times. Unfortunately, this will not protect users from price volatility, which can be both a blessing and a curse in one. E-Coin is one of the most well-known prepaid Bitcoin debit card providers, and they offer them in three different major currency denominations. With customers in over 120 countries around the world, E-Coin has seen a lot of interest in their product, which effectively protects users against Bitcoin price volatility. Every time an E-Coin user tops up their balance, the current Bitcoin market value will be used to convert the balance to EUR, USD, or GBP. Doing so will always guarantee that amount of fiat currency to be available on the card, regardless of whether or not the Bitcoin price declines or rises over time. Protection against volatility goes both ways, however, since users can’t make a profit on the Bitcoin price upswing either. For some, the E-Coin Bitcoin debit card can be the perfect tool to protect funds against price volatility, and make Bitcoin more spendable wherever they go. Withdrawal fees are $2.5 USD for ATMs in the US and $3.5 USD for ATMs abroad as well as 0% to deposit funds for Bitcoin while a bank transfer top up is subject to a $3 USD fee, which is still relatively low compared to its competitors such as Xapo and Bit-X. Users who funded their E-Coin Bitcoin debit card when the price was sitting at the $450 USD mark could breathe a sigh of relief knowing their value was intact once the price plummeted. At the same time, people who funded their card at the US$340 range can not reap the benefit from the [current] higher Bitcoin price. This medium is a double-edged sword, and the decision needs to be weighed carefully. Some industry experts might argue that being part of Bitcoin means one has to ride the waves of price volatility. Witnessing a Bitcoin price crash is never fun, but seeing the value go up again over time certainly is. Prepaid Bitcoin debit cards protect users against both, whereas other types of cards let people enjoy the momentum, for better or for worse. In the end, it all comes down to what the end user prefers. No one can both have the pie and eat it at the same time, and Bitcoin is no exception in that regard. Either people have to put up with the price swings, or they take the safer route with E-Coin. Or one can diversify the portfolio by spreading a part of the bitcoin balance in a normal wallet, and sending the rest off to a prepaid Bitcoin debit card. Bitcoin gives the end user full financial control to do as they please, and the choices are laid out in front of them with no hidden strings attached. Volatility is important aspect of any financial tool, and Bitcoin is no different. Getting involved in Bitcoin is like marriage: one has to take the good with the bad, and make the most of it. What are your thoughts on volatility protection with an E-Coin Bitcoin debit card? Are you riding the price waves? Let us know in the comments below! Images courtesy of E-Coin, Shutterstock, Ibisworld The store is now open! https://t.co/f2dHoac6Ne pic.twitter.com/Z4BGq1CUX7 The Bitcoin.com Store is now open to the public again with the hottest bitcoin cash merchandise and cryptocurrency swag available for purchase with BCH. https://t.co/vRHIpxTpKd #bitcoinjobs #jobhunt #cryptojobs pic.twitter.com/4gs4muoiiP News.Bitcoin.com is Hiring Editorial Staff – In Tokyo, Stockholm and Your Town. Are you an experienced news editor or a news reporter with a nose for crypto? We are on a roll – increasing our readership every day – serving millions of readers each month… read more. Introducing the Simple to Use and Robust https://t.co/UtJJm8netW Wallet https://t.co/w5xA4uDpU9 #bitcoinwallet pic.twitter.com/hB4KCBzqjL Download the Bitcoin.com Wallet right to your device for easy and secure access to your bitcoins. Perfect for beginners, the Bitcoin.com Wallet makes using and holding bitcoins easy. No logins required. Facebook has recently made some changes to show you less news and more family-oriented pics and videos – even though you’ve previously subscribed. Here’s how to make Facebook show you our content again; Facebook has recently made some changes to show you less news. Here’s how to make Facebook show you our content again; a. Visit our Facebook Page https://t.co/d5QIuhCFPt b. Click the “Follow” button under our cover image. c. Select the “See first” option. pic.twitter.com/tFmrF73WQ7 — Bitcoin News (@BTCTN) February 19, 2018 1. Visit the Bitcoin.com Facebook Page. 2. Click the “Follow” button under our cover image. 3. Select the “See first” option. Get the latest price charts, statistics and our news feed on your site. Check out our widget services. We also deliver bite-sized news to your favourite messaging app; join our Telegram channel.

You’ve decided to cash in on some HODL’ings and you’d like to buy a gift card with bitcoin, letting you essentially spend cryptocurrency at any store online. Very clever – and it’s no coincidence our mascot is a fox… I think we can work together on this one.

It’s pretty simple – we sell gift cards at a discount and soon we’ll offer cryptocurrency as a payment method. We buy gift cards from other users at less than face value and sell those cards to you. You can also sell your unwanted gift cards and get paid in bitcoin as well.

Right now there are two ways to buy discount gift cards using Bitcoin (we’re building this feature right now, by the time you’re reading this we’ll likely offer the option!).

You can buy gift cards with bitcoin through the browser extension if you’re using Chrome on a computer. It’s by far the easiest way – just install the extension and forget about it. Once you’re at a store with gift cards available the extension will pop up and offer them for purchase.

Select the value card you’d like to purchase and proceed with payment using bitcoin, or dozens of other cryptocurrencies.

You can also buy gift cards using cryptocurrency on CheckoutSaver.com.

We sell gift cards for Walmart, Target, Amazon, The Home Depot, Sears, Costco, Apple, Newegg, Grubhub, and dozens more. Best of all – they’re all cheaper than face value, and you can buy them using your crypto.

Checkout Saver is an independent and very small business – and we’d love to have you as a customer and save you tons of money!

We’re a saving platform that works by saving you more money than ever when you shop online – using a combination of techniques. We have amazing customer service and the best savings in the industry. We’re very much in startup mode and your support helps grow a small business!

We save shoppers money in more ways than any other platform: cashback, coupons, discount gift cards, unique one-time use coupons, sign on bonuses, referral bonuses, and more! It’s absolutely free to sign up.

We’ll accept dozens of cryptocurrencies here shortly, 50+ with more being added. We’ll offer the ability to buy gift cards using Bitcoin, Ethereum, Litecoin, Stellar, Cardano, Binance, Ripple, and more!

Winklevoss twins-owned crypto exchange, Gemini announced on Thursday that it is going to launch Gemini Credit Card, offering rewards in digital currencies.

The New York-based exchange acquired Blockrize, a startup already working on cryptocurrency reward systems, for accelerating its efforts of launching the crypto credit card.

Commenting on the move, Gemini CEO, Tyler Winklevoss, said: “The Gemini Credit Card will make it easier for any consumer to invest in bitcoin and other cryptos without changing their existing behavior.”

The credit card will offer rewards of up to 3 percent in Bitcoin and other cryptocurrencies on every purchase. The rewards will be deposited on the users’ Gemini accounts.

The card will be available in the United States. Gemini has already opened a waitlist for registration and imported the waitlist of Blockrize, who will get early access. However, its launch date has not been revealed yet.

The Most Profitable Trades of Q4 2020Go to article >>

Gemini said that the credit card will work similarly to any other bank card. It is not clear if it will use Visa or Mastercard for payment processing, but assured that it will be widely accepted wherever major cards are accepted. Neither did it reveal any bank partnerships for issuing the credit line.

The concept of crypto rewards card is not new as many other crypto card issuers are offering such services, but they are mostly pre-paid cards. BlockFi is another crypto company with plans of launching a similar credit card with 1.5 percent in rewards.

Additionally, Gemini’s timing for the launch is perfect given the massive recent demand for cryptocurrencies.

“Rather than deciding how and when to buy crypto, customers can do so when making their everyday purchases. We’re excited to welcome the Blockrize team to Gemini and work together to continue to mainstream crypto,” Winklevoss added.

Canadian Nasdaq-listed digital payments company Mogo has bought an additional batch of 146 Ethereum (ETH) at an average price of $2,780 per token as part of its broader cryptocurrency strategy.

"Mogo’s Ethereum investment is consistent with management’s plans to increase the Company’s on balance sheet investment in the blockchain and fintech ecosystem," the company stated in a press release published yesterday.

According to the announcement, Mogo’s latest Ethereum purchase amounted to just over $405,000 in total. However, with the price of ETH having surged to a high of over $3,500 earlier today, Mogo has already made a tidy profit; at Ethereum's current price of $3,328, Mogo's investment has already netted it over $80,000—an increase of nearly 20%.

Last December, the firm announced its plans to invest up to $1.5 million in Bitcoin (BTC). Per today’s press release, this initiative has been partially realized, with Mogo having bought 18 BTC at an average price of $33,083. Its purchases to date have proved to be profitable; with Bitcoin trading at $55,000 today, its investment of $595,000 is now worth more than $1 million.

“This initial investment in Ether complements our earlier investments in Bitcoin and reflects our belief in the long-term potential of blockchain technology and its position as a core component of a next generation financial technology platform,” said Mogo president and CFO Greg Feller in the announcement.

The firm also noted that it plans to invest up to 5% of its “cash and investment portfolio value” in cryptocurrencies in the future.

Founded in 2003, Mogo offers its clients personal loans, identity fraud protection, mortgages, a Visa Prepaid Card, and other services. In 2018, it launched the MogoCrypto app—ostensibly “the easiest way to buy and sell Bitcoin in Canada,” the firm claims.

In late March, Mogo also extended its Bitcoin cashback rewards program to include mortgages.

Mogo is the latest in an increasingly long line of companies buying cryptocurrency for their corporate treasuries, with the likes of MicroStrategy , Square and Tesla having added Bitcoin to their holdings.

MicroStrategy CEO Michael Saylor described Tesla and Square's Bitcoin buys as "the tip of the iceberg" for corporate investment in Bitcoin. His argument seems to have been borne out, with a number of smaller firms following suit; companies ranging from a Dubai-based PR firm to a Canadian condo company have invested some of their holdings in Bitcoin. With Mogo branching out to Ethereum, it's possible that we could see more companies diversifying the crypto assets in their treasuries.