{"id":2940,"date":"2019-08-30T10:27:15","date_gmt":"2019-08-30T02:27:15","guid":{"rendered":"https:\/\/www.coincola.com\/blog\/?p=2940"},"modified":"2023-03-14T19:04:30","modified_gmt":"2023-03-14T11:04:30","slug":"redeem-gift-card-for-naira","status":"publish","type":"post","link":"\/blog\/redeem-gift-card-for-naira\/","title":{"rendered":"How to Sell\/Redeem Gift Cards for Naira"},"content":{"rendered":"

For all Apple users, the place to get all media, software, and entertainment is the iTunes store. The iTunes store is very popular among iPhone, iPad, and Mac users. Gift cards from the silicon valley company are now used to store value globally. The iTunes gift card can be used to buy all sorts of things like movies, music, apps, books and lots more from the store.<\/span><\/p>\n

\u00a0Here\u2019s a quick guide to help you understand better what an iTunes Gift card is:<\/span><\/p>\n

What is an iTunes gift card?<\/h2>\n

This is a pre-purchased credit card that can only be used to buy items from Apple\u2019s iTunes store. It\u2019s the marketplace to purchase everything that concerns Apple devices, media, and software.<\/span><\/p>\n

There\u2019s a common misconception from people as they usually tend to mistake the iTunes store for the Apple store, they\u2019re both different, and they serve different purposes. The Apple store is meant for buying physical goods like iPhones, iPads and Mac Books.<\/span><\/p>\n

Due to how easy it is to buy things using the iTunes gift card, a lot of people either use it to buy things, save it as a store of value or they trade it for cash or cryptocurrency. In this article, we\u2019ll be discussing more on how to trade this gift card for cryptocurrency.<\/span><\/p>\n

The problem<\/strong><\/h3>\n

To convert an iTunes gift card to cash especially the Nigerian Naira is next to impossible. The reason is that the gift cards can only be used in their respective stores. The demand for alternative uses of this card is on the increase as several Nigerians who have these gift cards want to exchange their cards for the Naira.\u00a0<\/span><\/p>\n

Some entrepreneurs and business-minded people now sell their gift cards for Naira by using unregulated platforms like Messenger, WhatsApp, Telegram and several other platforms. Due to the fact that there\u2019s no security of any kind, users have had to sell their cards at lower prices than what the card is originally worth. Sometimes, they even fall into the hands of fraudsters who redeem the card without paying them.<\/span><\/p>\n

Everyone is looking for a mode of exchange that is not dependent on the traditional banking system that is easy, fast, and most importantly, has low charges. As luck would have it, such a platform is in existence today and it\u2019s called CoinCola.\u00a0<\/span><\/p>\n

Coincola removes the burden of having to go through the hard way to convert your gift cards to Naira. On the OTC exchange, you can change whatever gift card you (iTunes gift cards, Amazon gift cards etc) have and you\u2019ll be paid in Bitcoin directly into your Bitcoin wallet and then you can convert the bitcoin to Naira or hold them for appreciation.<\/span><\/p>\n

You May Like:<\/strong> <\/span>Check today\u2019s Bitcoin price in Naira<\/span><\/a> or <\/span>USD<\/span><\/a>.\u00a0<\/span><\/span><\/p>\n

All these are done with the best security in place using state of the art security protocols and personnel, SSL, escrow and trust ratings for sellers on the website.\u00a0<\/span><\/p>\n

By using our OTC peer to peer exchange, to change gift cards to Naira is now as easy as ever as it can be done with a click of a button. Each transaction can be carried out within a space of 3 to 5 minutes as your account will be credited once the seller verifies your gift card.\u00a0<\/span><\/p>\n

It\u2019s not limited to that alone, all your transactions are not subject to unnecessarily high transaction charges. Our exchange is reputed to have the lowest transaction fees in the world which are pegged at 0.7%. These low rates have proven to be of great advantage to everyone as they can now make a significant profit on each trade.<\/span><\/p>\n

Here\u2019s how to go about trading your gift card for Naira:<\/span><\/p>\n

To enjoy all these benefits, the first thing you have to do is to open an account with us.<\/span><\/p>\n