Places and Ways to Buy Bitcoin with Amazon Gift Cards
The introduction of bitcoin as a medium of exchange has been slow due to the lack of stores that accept it. It is a decentralized digital currency that does not require a third party and can be transferred from one person to another without going through a bank or other financial institution.
With that being said, it has become difficult to obtain bitcoin. One way people have found success in purchasing bitcoin is with the help of Amazon Gift Cards. Here are 8 of the most popular ways to buy bitcoin with amazon gift cards.
WHY IS IT HARD TO BUY BITCOIN?
The introduction of bitcoin as a medium of exchange has been slow due to the lack of stores that accept it. It is a decentralized digital currency that does not require a third party and can be transferred from one person to another without going through a bank or other financial institution.
One way people have found success in purchasing bitcoin with Amazon Gift Cards is by using an Amazon gift card to buy bitcoin on VirWox. VirWox is an exchange where you can buy Second Life Lindens, Bitcoins, and more.
Another option for buying bitcoin is by using an Amazon gift card to purchase BTXCoins on Cex.io. Cex.io is similar to VirWox in that it is an exchange where you can trade bitcoins, litecoins, dogecoins, dash coins, augur tokens, etc., for other cryptocurrencies or fiat money like USDs and Euros.
You can also use an Amazon Gift Card to purchase Bitcoin at Bitstamp which was Europe’s first licensed cryptocurrency exchange back in 2011. Bitstamp allows you to make deposits with credit cards or bank transfers and after making your deposit you will be able to trade with bitcoins in the same manner as any other currency pair on its platform
Another option
HOW TO BUY BITCOIN WITH AMAZON GIFT CARDS
A lot of people are finding success in purchasing bitcoin with amazon gift cards. In fact, bitcoin is becoming more and more popular every day due to its decentralized digital currency that does not require a third party and can be transferred from one person to another without going through a bank or other financial institution.
One of the most popular ways for people to exchange amazon gift cards for bitcoin is by using Purse.io. Purse offers individuals the opportunity to purchase items on Amazon at a discount in exchange for bitcoin.
Another popular way is by using Coinmama, which is an online company that provides credit card or debit card purchases of various cryptocurrencies including Bitcoin. You can also buy bitcoins with Amazons gift cards on Paxful which is a peer-to-peer marketplace that connects buyers and sellers of different goods and services in over 150 countries around the world.
There are many other ways people have found success in purchasing bitcoin with amazon gift cards including:
GIFT CARD TOOL
Gift Card Tool is a website that allows users to purchase Amazon gift cards from different vendors for a predetermined rate. For example, you can buy Amazon gift cards from Target, Wal-Mart, and eBay at a 15% discount.
PURSE.IO
Purse.io is a web-based platform that connects users with discounts for purchasing items on Amazon.com at a discount of up to 20 percent.
All you have to do is shop on Amazon as you normally would, and then visit Purse.io to find someone who wants to buy bitcoin with an Amazon gift card and split the cost of your purchase.
The person with the bitcoin will purchase your item, convert it to bitcoin, and deposit it into your account balance so you can use it anywhere.
In return, they get the discounted amazon credit from Purse that they need to make their purchase.
This process allows for an easy way to exchange bitcoins for products on Amazon.com without having to go through a bank or financial institution.
LOCALBITCOINS
Localbitcoins offers a peer-to-peer marketplace for bitcoin buyers and sellers. In this marketplace, you can find some people wishing to buy bitcoin with amazon gift cards as well as those who wish to sell them.
PAXFUL
Paxful is a peer-to-peer bitcoin marketplace. It provides a safe space for people to buy and sell their bitcoins with other people. The customer sets the price they are willing to pay for the bitcoin, and the seller can decide whether or not to accept that amount.
This process is also called “overseas” because many of the sellers are based in countries outside of the US, which can make it more difficult for customers who are looking to purchase bitcoin with an amazon gift card.
What Paxful has done is create a platform that allows customers to buy any type of bitcoin they want from sellers who are based in their own countries. If you’re looking for an alternative way to purchase bitcoin with your amazon gift card, Paxful might be your answer!
COINMAMA
Coinmama is one of the most popular platforms to buy bitcoin with amazon gift cards. They are a reputable company that has been around for a while and have good reviews.
Coinmama allows you to buy bitcoin with an amazon gift card. All you need to do is enter your amazon gift card’s code on the website, send it in, and then follow their instructions. Once your order goes through, they will provide you with an address that you can send your bitcoins to.
Coinmama provides instant delivery for all orders that are less than $5,000 (including shipping). This means that if you buy tokens worth $2,500 worth of bitcoins, they will be delivered almost instantly without any delay in the process.
WALL OF COINS
Wall of Coins is a peer-to-peer bitcoin exchange that allows users to buy and sell bitcoin with cash. The company buys and sells bitcoin for US dollars, so your exchange will be in dollars. Send your Amazon Gift Card balance to Wall of Coins, and the company will deposit the equivalent value in USD into your account.
To learn more about how Wall of Coins works click here.
BITIT
This service has been around since 2014 and is a simple, straightforward way to buy bitcoin with amazon gift cards. It offers support for the following currencies:
Bitcoin, Litecoin and Ethereum.
Bitit is a mobile-only service that allows users to order their preloaded wallet and then receive it via email.
CONCLUSION
Bitcoin has become the most popular cryptocurrency in the world, and for good reason. Bitcoin has attracted a lot of attention in the media, and is beginning to be accepted in more and more places and countries. One of the main reasons for Bitcoin’s popularity is because it’s not owned by any company and is decentralized. You can use Bitcoin to buy anything you want, even items that aren’t offered in stores yet.
The reason that Bitcoin is hard to purchase is that so many people want to buy Bitcoin but don’t know how. The easiest way to buy Bitcoin is to use Amazon Gift Cards, which many people may already have. You can use Amazon Gift Cards to buy Bitcoin from Gift Card Tool, Purse.io, Localbitcoins, Paxful, Coinmama, Wall of Coins or Bitit.
Once you have your Bitcoin, you can easily convert it into cash or spend it on anything you want online or in a store near you!