If you’re looking to sell gift cards for Bitcoin, Paxful is an easy to use marketplace for peer-to-peer transactions. Paxful is a global cryptocurrency trading platform that allows users to buy and sell Bitcoin using over 300 payment methods, including gift cards. In this blog post, we’ll give you step-by-step instructions on how to sell gift cards Paxful.
How To Sell Gift Cards Paxful?
1. Sign Up for Paxful
If you’re not already a user, the first thing you need to do is sign up for a Paxful account. This is a straightforward process that involves providing your email address and creating a password. You might also be asked to verify your phone number with a text message code.
2. Start a Trade
Once you’ve signed up for an account, you need to start a trade to sell your gift card. In the Paxful dashboard, go to “Sell Bitcoin” and choose “Gift cards” as the payment method. Paxful supports over 300 gift card brands, including iTunes, Amazon, and Google Play.
3. Set Your Trade Terms
When you start a trade, you’ll need to set your terms. This includes choosing the gift card brand you’re selling, the denomination of the card, and the currency you want to receive. You’ll also need to set the exchange rate and the payment window. The payment window is the amount of time the buyer has to initiate payment.
4. Wait for a Buyer
Once you’ve set your trade terms, you need to wait for a buyer to initiate a trade with you. When a buyer initiates a trade, you’ll receive a notification and the details of the trade will be displayed in your Paxful dashboard. At this point, you need to verify that the buyer has paid you before releasing the gift card code.
5. Complete the Trade
After the buyer has paid you, Paxful will hold the Bitcoin in escrow until you release the gift card code. Once the buyer has received the code and confirms that it’s valid, the Bitcoin will be released from escrow and credited to the buyer’s account. Congratulations! You’ve successfully sold your gift card on Paxful.
How To Sell Gift Cards Paxful? Conclusion
Selling gift cards for Bitcoin on Paxful is a straightforward process that involves signing up for an account, starting a trade, setting your terms, waiting for a buyer, and completing the trade. Paxful makes it easy for gift card sellers to access a global audience of Bitcoin buyers, and the platform offers a high level of security and user protection. So why not give it a try? Sign up for a Paxful account today and start selling your gift cards for Bitcoin.