It is 2023 and Bitcoin is forteen years old now.
Back in 2010-11, it wasn’t as easy to buy Bitcoins, but today, you have a plethora of options for purchasing Bitcoins.
Some of these ways are:
- Buying Bitcoins for cash
- Buying Bitcoins from ATMs
- Buying Bitcoins from exchanges via wire transfer
- Buying Bitcoins using debit/credit cards
- Buying Bitcoins using iTunes gift cards
You see there are several ways through which one can purchase Bitcoins but among these, the last option of buying Bitcoins is relatively unknown.
Many buyers of Bitcoins remain uninformed about this avenue even when they have iTunes gift cards that they are not using.
That’s why it is essential to discuss this avenue too. And this method can also be used during the days when exchanges get overloaded and suspend new registrations.
So let’s get in and see the platform that allows you to buy Bitcoin with iTunes gift cards.
How To Buy Bitcoin With iTunes Gift Card
Paxful is the equivalent of eBay for Bitcoin. It is a peer-to-peer marketplace for buying and selling Bitcoin based out of New York City. And for the same, it supports more than 300 payment ways including payment with iTunes gift card.
- Fees: Seller pays 1% to Paxful, buyer pays to a seller for converting gift cards to BTC.
- Countries Supported: All countries.
- Additional Comments: Relatively unknown, less traction but works.
Note: The volume remains low on this exchange, but still you can go ahead and purchase BTC with an iTunes gift card via Paxful. Check Paxful review to learn how to use the Paxful platform safely. Also, be sure to select a highly reputable seller for your deal.
Now you know that you have the option to buy Bitcoin with iTunes gift card. Every day the cryptosphere is growing by leaps and bounds, so in the future, you can expect a lot more services like this.
Also, for now, if you don’t find deals on these services directly, the obvious workaround is to sell your gift card for fiat. And then use that fiat to buy Bitcoin from cash or via bank deposits directly. Some reliable online stores buy unused/used gift cards to resell it.
Lastly, if you have questions or doubts about Paxful, feel free to shoot them in the comment section below 🙂
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2 thoughts on “This Is How You Can Use iTunes Gift Cards To Buy Bitcoins”
After paxful redeem your gift card what else do they use it for.?do they also turn it to bitcoin or what
There are lot of scam on paxful, local bitcion is the best place to trade