Bitcoin has gone mainstream, and it’s a just matter of time when we see more stores and services start accepting Bitcoin as a payment. Tesla has already announced its plan for accepting Bitcoin as a payment, and Amazon seems to work on releasing its own digital currency or accepting crypto as payment. However, this is no time for speculation, as it will take its own time to see the mass adoption we always dreamed of.
However, today I want you to learn about purchasing gift cards using Bitcoin and other cryptocurrencies. This is indeed a great way to spend your cryptocurrencies for day to day purpose. In the past, I have shared various guides that will help you put cryptocurrencies to some use. If you have not gone through them, here are a few guides for you to get started:
- 20 Major Websites That Accept Bitcoins [Pay In Bitcoins]
- Where Do I Spend Bitcoin? Here Are The Top 6 Ways To Get Started.
- 5+ Best Cryptocurrency Cashback & Rewards app (Free money)
Moving ahead, let’s look at the services which let you buy gift cards using Bitcoin and other Altcoins.
How to buy Gift cards using Bitcoin and Altcoins:
I have talked about Bitrefill a few times earlier here at CoinSutra. It is one of the best services that let you buy Gift cards from all popular online stores and services. It supports Bitcoin, Bitcoin lightning, and also using USD.
They also have a mobile app that makes the entire process of buying gift cards seamless. The service is available for all the major countries in the world, and it is free to get started. The good thing about Bitrefill is, you also get a cashback when you purchase a gift card. This is a great way to stack sats and get more value out of your expenditure.
2. Coinpayments – Buy Visa card and Gift cards
Coinpayments is one pioneer in Bitcoin payment gateways, and we have done an in-depth review of Coinpayments here. The reason Coinpayments deserve to be listed in this list is because of their offerings. Apart from buying Gift cards using Bitcoin, you can also purchase prepaid Visa card from CoinPayments. This one feature alone makes cryptocurrency practical to use for many crypto users.
The service also offers a custodial multi-crypto wallet, and this service has been around for many years. Some features of Coinpayments gift cards service are:
- Purchasing gift cards using Bitcoin, Ethereum, Litecoin, and USDT Tether (more coins will be added soon.)
- The ability to send purchased gift cards as gifts to friends, family, or colleagues by email, text, or Google Pay
- Access to top brands in many different categories including, retail, electronics, travel, outdoors, beauty, and much more
- Works with both desktop and mobile app versions of CoinPayments
Here is a tutorial that shows how to purchase Gift cards using Bitcoin or other cryptocurrencies on Coinpayments:
Paywithmoon is an online service (available as a browser extension) that let you purchase a virtual visa card directly from your coinbase account or a Lightning network wallet. Moon shields your personal information from merchants, protecting you from data leaks and hackers. You can use “Paywithmoon” service to shop online on unlimited online stores in US.
- To use Paywithmoon, you need to install the browser extension
- Connect it with your Coinbase account
Once you have authorized your connection with Coinbase account, you should be able to create virtual cards that can be used for online shopping.
You can also fund the Moon account using a Lightning Network enabled wallet. Moon Visa® Prepaid Cards must be used within 24 hours of creation. If you made an error in setting the amount on a card or have decided to no longer use the card, you can click the “delete” button under the card which will allow you to submit a form to receive a refund. Refunds are processed in Bitcoin. The amount refunded will be equal to the unspent value of the card converted to Bitcoin at the moment of refund. Refund requests will be processed within 48 hours of receipt.
If you don’t spent the full balance of your virtual visa card, don’t worry! You can request a refund for the remaining balance. You can submit a partial refund request form. I think this is a hassle, but again this project seems interesting for many, and thats why featuring it here.
Over to you: Buy Gift cards using Cryptocurrencies
For now, these are some of the best services from where you could buy Gift cards using Bitcoin and other cryptocurrencies. I’m positive that with time we will see more services that let us use our Bitcoin for gift cards, prepaid Visa cards, and more. For now, enjoy Using Bitrefill and Coinpayments. If you know of more services, let me know via commenting below.
- Also check out: Trade Amazon gift cards for Bitcoin
Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space.
An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in Information technology.
An international speaker and author who loves blockchain and crypto world.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.
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