How to Sell Amazon Gift Card for Bitcoin?

April 17, 2019

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How to Sell Amazon Gift Card for Bitcoin?

Amazon is now the largest e-commerce brand in the world, to the point that its brand and delivery boxes are almost universally recognizable. In 2018, their product sales were over $140 billion; an impressive sum by any measure.

As a direct result of the brand and store’s popularity, Amazon gift cards have become a popular way for people to give presents. After all, you can buy virtually anything in the US version of the store – which makes an Amazon gift card universally valuable.

Below, we’ll tell you a little more about Amazon and its gift cards – and explain why (and how) you can sell one you don’t need.

About Amazon and the Gift Cards

Amazon Gift Card - CoinCola

Jeff Bezos started Amazon circa 1994 in Seattle, Washington. It first started out as an online bookstore before eventually becoming the single biggest online retailer in the world. It’s also a top-5 most valuable company, outpaced only by Alphabet, Microsoft, and Apple.

Smooth operations are part of what made Amazon so successful – and gift cards are no exception. You can choose to get gift cards in a large variety of sums delivered digitally, physically, or in special gift packaging for special occasions that need a little pizzazz.

Buying their gift cards is easy. All you need to do is go to your local version of Amazon – or Amazon.com for international buyers. Then you click “gift cards” at the top of the page before choosing a convenient delivery method, card design, and custom message.

Gift cards’ face values range all the way from under a dollar to over $5,000. Once a gift card is paid for, the person who bought it gets a set of instructions in their inbox. One cool thing about Amazon gift cards is that they have no expiration date, making them a valuable digital asset.

Products Available with Amazon Gift Cards

Amazon Company

Once you redeem an Amazon gift card via Amazon.com or one of their international branches, the balance is automatically applied to your account. It can then by used to pay for physical goods, digital items like Kindle books, and even shipping.

There is no limit to what you can or cannot buy using Amazon gift cards. From garden gnomes to magazine subscriptions to sports goods, the website has virtually anything you could want.

Having said that, you may still want to have the option to cash an Amazon card, getting its cash value in exchange.

If you do, it’s important you choose a place that minimizes the amount of money you lose. An average $100 Amazon gift card only sells for $70, which is a whole $30 lost – so it’s important to find places that can help you minimize that difference.

Not Buying Things? Buy Bitcoin with Gift Card on CoinCola

Buy bitcoin with amazon gift card on CoinCola

CoinCola is an OTC marketplace that lets users sell gift cards – but here’s the twist.

First, CoinCola pays out in crypto coins. These are purely digital and can be converted into any local currency using CoinCola or another platform. This means that users from all over the world flock to CoinCola, generating over 100,000 monthly transactions on the platform.

Second, CoinCola is based in Hong Kong and has a large number of Chinese traders. Since Amazon gift cards are impossible to buy in China, many of them are prepared to pay a high premium for them – which makes the platform very lucrative for gift card owners.

Follow CoinCola on Social Media

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About CoinCola

Founded in 2016, CoinCola is a Hong Kong based company offering both over-the-counter cryptocurrency trading and crypto-to-crypto pair trading exchange. CoinCola now serves millions of users from over 150 countries with our fast, secure, and reliable trading services. We support BTC, ETH, BCH, LTC, USDT, DASH, and XRP. Visit www.coincola.com to invest in digital assets.

Disclaimer: Trading and investing in cryptocurrencies, also called digital currencies, crypto assets, and so on) involves substantial risk of loss. All informations are used at your own risk, and any content on this site should not be relied upon as advice or construed as providing recommendation of any kind.