How to buy Bitcoin with VISA gift card

VISA gift cards are one of the most common mediums for exchanging goods and services on various marketplaces.  In this article, we are going to understand how you can...

VISA gift cards are one of the most common mediums for exchanging goods and services on various marketplaces. 

In this article, we are going to understand how you can buy bitcoins with VISA gift card on Paxful. Paxful is a person-to-person marketplace that accepts more than 300 payment methods.

The steps have been explained in a plain and easy-to-understand manner and you can understand the whole process in minutes. 

So, without further ado, let’s take a look at the steps.

Overview of the process:

  1. Create your account with Paxful.
  2. Verify the account.
  3. Head over to “Buy Bitcoin” and look for Visa Gift Card.
  4. Open a trade with the seller and complete the terms.
  5. Receive bitcoins into your Paxful wallet.

Now, let’s take a look at the steps in detail.

Set up your account

The very first step in the process of buying bitcoin through VISA gift card is to create your account with Paxful. Once you have created the account, you will have to set it up. Before proceeding to the next step, make sure that you have a VISA gift card with you. If you want to buy bitcoins with other gift cards, you can do that too.

Choose the country you want to look for sellers

Once you have decided on the gift card you will be using, move to the next step which is to search for the countries where you want to buy the gift card offers from. There are many countries on the list and you can choose the ones that you like according to your needs. 

Look for Gift Cards payment option

After you have your account set up, you need to hit the button that says “Buy Bitcoin”

Now get to the section where you can choose all the different payment methods that are available. You can either browse through these payment methods or you can simply search for “VISA Gift Cards” in the search bar. There are many gift cards payment options available on Paxful. Some of these include iTunes, Google Play Cards, Amazon Gift Cards and more. Use the VISA gift card you have with you.

Start the trade

Once you are done with the above steps, you can then start trading. You can buy bitcoins by searching for sellers and following the terms of the sale from the seller. This way you can buy bitcoins anonymously in a matter of minutes through the escrow service.

Here are some other websites where you can buy bitcoins using VISA gift cards.

  1. Localbitcoin
  2. CoinCola

A few points to consider before selecting a platform for buying bitcoins with gift cards:

  1. Search for online reviews about the platform and check their credibility. Ensure that the website is trustworthy.
  2. Communicate with the seller and understand their terms of trade. Make sure that you understand every aspect of their terms and conditions.
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CryptoBusiness & Finance

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