Cryptocurrency marketplaces, specifically peer-to-peer (P2P ) crypto exchanges, allow users to sell and buy Bitcoin with a Visa gift card. P2P cryptocurrency exchanges or platforms function to arrange direct trades between cryptocurrency sellers and buyers with a facility of escrow.
Escrow adds an extra layer of security to assets (funds) involved in a trade and releases them once both the seller and the buyer confirm the completed transaction. This is how P2P exchanges work.
In this post, you will learn how to buy Bitcoin with Visa Gift Card and the most-rated marketplaces that offer buying and selling BTC with a Visa gift card. Let me explain now.
Brief Description of Visa Gift Card
A Visa gift card works in the same way as a prepaid card does. It is accepted everywhere where the Visa card is admissible (supported). Visa gift cards contain a specific value or amount of funds a friend or family member sends to support a person.
Visa gift cards are usable for multiple purchases until the whole amount is spent; however, once the total balance is used, it is no longer usable for further purchases. In the following there is a list of Visa Gift card issuers; you can go and check your balance online if you have received a Visa Gift Card:
- Visa Vanilla Gift Cards
- Gift Card Mall
- Giftcards.com
- Commerce Bank
- Walmart
- Navy Federal
How to buy Bitcoin with Visa Gift Card? Learn the buying Process
There are several traditional crypto trading options as well as P2P crypto marketplaces. CoinCola is such a cryptocurrency trading exchange used to buy bitcoin with a Visa Gift card.
CoinCola allows its users to exchange gift cards for multiple crypto coins using the CoinCola marketplace. It offers crypto trading with a Vanilla gift card and supports buying Bitcoin with a gift card, including a long list of other options. You can also trade with BTC, ETH, or USDT
For buying BTC with a Visa gift card, go to the “Gift Card Trade” option and select “Visa Gift Card” as a payment gateway. Explore the list of offerings that suit your Gift card balance. This platform also allows a little more specific search offers by accepting Walmart Visa Gift cards, Target Visa Gift cards, and many others. You can also buy a Visa gift card with Bitcoin.
Where can you sell or buy Bitcoin with a Visa Gift Card?
The list of P2P cryptocurrency exchanges is a bit long. However, you can explore the collection of the most rated and famous trading platforms below:
- Noones: A P2P crypto exchange offering BTC trade with Visa gift card
- CoinCola: Buy Bitcoin with a wide range of payment methods
- CardCoins: U.S. customers can use direct Bitcoin purchases with Visa gift card
- BitValve: Provide a platform to find Bitcoin sellers that deal in Visa gift cards
- Paxful: A leading name in P2P marketplace
Conclusion
The bottom line is to buy Bitcoin with a Visa gift card if you have a sufficient balance on your card; however, this is not recommended. Buying Bitcoin in this way may cost you over 30% more than the actual BTC market price. Also, you’ll most likely be using a P2P crypto exchange or marketplace, which is usually less secure and complex than a standard cryptocurrency exchange.
If you’re interested in buying Bitcoin with a Visa Gift card, do it at your own risk, but we discourage using Gift cards to purchase BTC from a P2P crypto platform
FAQs
The most frequently asked questions can help you better understand buying crypto with a Visa gift card. Let’s learn one by one.
Is it possible to Buy Bitcoin with a VISA Gift Card?
You can instantly buy Bitcoin with VISA Gift Cards from any available Bitcoin seller using a P2P Crypto Exchange.
Can you buy Bitcoin with a Visa gift card without an ID?
Yes, buying Bitcoin with a Visa card with no ID is possible. Noones, a crypto exchange, currently allows its users to buy Bitcoin with a Visa gift card with phone number verification alone.
How can you check your Visa Gift Card balance online?
It’s a simple and secure way to buy BTC with a Visa Gift Card, but double-check your balance before you send this card to the BTC seller. Check out the list of Visa Gift card issuers given above to track your online gift card balance.
Can you buy Bitcoin with a Visa gift card?
You can use Noones and CoinCola crypto exchanges (peer-to-peer cryptocurrency marketplaces) to buy Bitcoin with a Visa gift card. Residents in the United States can also use the CardCoins cryptocurrency marketplace to buy Bitcoin directly with a Visa gift card.
How can a person utilize a Visa gift card to buy BTC?
A person with an asset like a Visa Gift Card can spend it as he likes. The sender does not control the card once it is delivered to the receiver. So, it is up to the person with a Visa Gift Card to buy BTC or any other cryptocurrency he likes.
