Best Way to Buy Bitcoin With Gift Card – One of the more popular payment methods that have sprung up throughout the years is gift cards. Nowadays, you can buy any gift card at your local store and trade it in for bitcoins at your favorite exchange. These gift cards include popular ones such as Amazon and iTunes gift cards to the lesser known ones like Subway gift cards. On platforms like Paxful and Localbitcoins, you can find almost ANY gift card to trade bitcoins for.
Peer-to-peer platforms such as Paxful and Localbitcoins are ideal for gift card trading as platforms like these can connect you with people that will give you great deals. These exchanges offer anonymous ways to buy and sell bitcoin with numerous deposit methods. We firmly believe that peer-to-peer platforms are the way of the future as they take away the government aspect of it, allowing bitcoin to be used for its original purpose: to enable peer-to-peer transactions.
There are two types of exchanges: the peer-to-peer and normal. On normal exchanges, you use an order book to match buy and sell orders between people. In the case of normal exchanges, neither the buyer nor the seller has any idea who they’re trading with, providing all users a level of anonymity and privacy protection. Normal exchanges are the most commonly used method of exchanging your local currency into bitcoin.