Glad to have brought your priceless attention but for real did you think there were any Secret Fast Giftcards? And if there was you are definitely in the right place to know them.
Main takeaways :
– Difference between Giftcards and Bitcoin (Cryptocurrency)
– Why Bitcoin exchange rates are different from Giftcards.
– Top 3 fastest tradable Giftcards to Naira in 2023
Difference between Giftcards and Bitcoin (Cryptocurrency)
What are Giftcards?
Giftcards are prepaid or rechargeable cards that can be used as an alternative to cash for purchasing goods or services from specific retailers or businesses. They are often purchased as presents for friends or family members, allowing them to choose their own gifts and can only be spent in their companies stores, shops or platforms to access their goods or services.
Giftcards usually have a specific monetary value or reloaded onto them but at a one time expense. for example, $100 apple Giftcard or $100 Google play Giftcard.
Which can be used until the balance is exhausted. Many companies recently use Giftcards as a way to boost their revenue, build meaningful relationships with their customers, increase traffic, and grow their business.
Giftcards may be physical cards or electronic cards that can be used for physical or online shopping. Giftcards can be a convenient and versatile option for gift-giving.
What is Bitcoin?
Bitcoin is a peer-to-peer online money network or Electronic cash system that is not controlled by banks or any financial bodies. This means you are your own bank when you use bitcoin to do the same things you do with your cash or fiat currency like making payments online, sending money to friends and associates across the world and even down to buying data and airtime with Bitcoin as some companies are building projects around bitcoin for more people to use bitcoin in our daily lives just as we use cash or Fiat.
Why Bitcoin Exchange rates are different from Giftcards
Finally, we get to know the answer to this most anticipated question that has the mind of Digital asset traders wondering for the longest.
The Answer is Market Demand
Bitcoin high market demand :
For instance, if Adamu spent a $100 to purchase a $100 worth of bitcoin. The value of that $100 bitcoin can go up or down and is holding it in his wallet as a store of value or investment. Then on the other hand, Tracy is in desperate need to purchase a $100 worth bitcoin because she wants to buy it to hold some of it as a store of value and trying to send some money to a family member in Ukraine and according to her, banks have failed to process the transaction due to understandable reasons of the war happening between Ukraine and Russia.
So she is in desperate need of it and connects with Adamu who is holding his $100 worth bitcoin. At this point she’s ready to even pay higher than the $100 worth bitcoin to get it or tip Adamu if he doesn’t want to sell yet because the bitcoin would be very useful to her if she can get it.
Then on the other hand..
Giftcards low market demand :
The moment a $100 is spent to purchase a $100 Apple giftcard from the Apple Store, the value of that $100 Apple giftcard is Valueless and worthless to any goods and services outside the Apple Store.
Let’s say you don’t want the $100 apple giftcard anymore and you want a cash back for it. Once you’ve purchased a giftcard, you cannot get a cash back it’s either you spend it in the Giftcard’s company store you bought it or someone else needs it and you can sell it to them but it would mean you have to sell it a cheaper price you bought it initially because you cannot use that $100 apple giftcard to purchase a Nike shoe from Nike store or Buy food to eat at a restaurant.
This is where demand and supply comes in. So unless someone else is in desperate need of an apple $100 giftcard to purchase something from an Apple Store and you still have not spent or used yours, then the person can offer you a price and usually a lower price than he or she would have spent to purchase it directly from Apple. You might end up getting $50 in cash for your $100 apple giftcard due to the demand and supply.
This is why Bitcoin (Crypto currencies) exchange rates are always different from Giftcards rates
Top 3 fastest Giftcards you can sell to naira in 2023
- Xbox ,
- Razer gold
- Steam Wallet Giftcards
These are Gaming Giftcards that are used to purchase games online, play games online using their credits or resellable if Gifted by someone and do not want to either play games with it or buy games with it.
Just like Razer Gold and Steam wallet, You must have heard about Xbox games or even own one.
Players globally consume a lot of Xbox , Razergold, and Steam wallet Giftcards daily so there’s a high demand for this giftcard in the global digital assets market.
They are consumed within 1-3minutes of sale so be careful not to disclose your giftcard details to anyone.
I’m guessing that your next question is, what platform can i suggest for you that has the experience, reliability, care, and satisfactory rates to maximize your cash from your Bitcoin, Usdt, and Giftcards to naira transactions and the answer is Perrypays
On Perrypays.co or P2P WhatsApp platform for those that do not like app transactions or websites.
This is the only platform I can recommend to you due to reviews from other users’ experiences and the value they place on the platform.
3 Steps how to trade on Perrypays
- Create an account
- Log into your account
- Select your action for the moment
- Input correct bank details
Fast and easy.
If this article was helpful to you, Please share this article and Join our community to stand a chance to earn rewards for your participation! Thank you
