Did you know that Amazon Gift Cards can be used as a deposit method to make crypto deposits into a wallet? Now you do..
These gift cards are surprisingly efficient and allow you to spend your money where you see fit on crypto websites. Have you received an Amazon gift card and don’t know what to use it for? It’s possible to use those Amazon Gift Cards as there are a few crypto sites that accept Amazon gift cards. The deposit method makes it easy to buy cryptocurrency from platforms without involving a bank or corporation as long as you have an Amazon eGift Card. Amazon eGift Card is a good deposit method especially due to its popularity in many countries.
Top 1 sites for buying, selling and trading crypto with Amazon Gift Cards
This is the toplist with the best sites to buy, sell or trade cryptocurrencies with an Amazon Gift Card. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.
We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.
Go directly to
- 1 Top 1 sites for buying, selling and trading crypto with Amazon Gift Cards
- 1.1 Summary
- 1.2 Advantages
- 1.3 Disadvantages
- 1.4 What is Amazon Gift Card?
- 1.5 Amazon Gift Card Costs
- 1.6 What about the transaction speed?
- 1.7 Amazon Gift Card Deposits
- 1.8 Which are the main countries where Amazon Gift Card is used?
- 1.9 Can you withdraw with Amazon Gift Card?
- 1.10 The reputation of Amazon Gift Card
- 1.11 Amazon Gift Card FAQ
The deposit method is popular for its transactions in crypto exchanges for people that received rewards from Amazon. Some crypto sites accept Amazon gift cards in exchange for Bitcoin, Ether or other cryptocurrencies. The leading alternative for this option, Paxful, got over 20 different cryptos to use.
The Amazon Gift Card is essential for purchasing cryptocurrencies in countries where these types of assets are restricted. The Amazon Gift Card is an ideal deposit method for crypto exchange and transactions when you do not want it to go unused. Why waste your Amazon gift certificate, when it can be exchanges for digital assets? Below are some of the main pros and cons with Amazon vouchers.
+Amazon gift cards allows you to deposit and pay regardless of your location.
+It is available to everyone over 18 years old.
+The Amazon gift card facilitates the purchase of crypto in restricted areas.
+Gift Cards from Amazon facilitates deposits into crypto exchanges and crypto platforms.
+You do not have to enter your credit card details when depositing.
-Doesn’t work on all crypto exchanges.
-There is a limit to purchasing power.
-You cannot exchange it for a different card for the purchase.
-They cannot be reloaded, resold, or transferred for value.
-There is a low-security screening of users of the card.
What is Amazon Gift Card?
Amazon Gift Card is a redeemable service that can be used as a deposit method to buy cryptocurrencies. Amazon can change any of its functions to its sole discretion and decide which cryptos to let in on it or not. The deposit method is ideal as it allows one to purchase cryptocurrencies in countries that have restricted these digital assets. As the largest online retailer in the world, Amazon Gift Cards work in almost all countries. It makes it convenient to trade cryptocurrencies such as Bitcoin. The cards have the highest volume at the moment in the market.
Amazon Gift Card Costs
Amazon Gift Cards have no fees and expiration dates. It guarantees users zero costs on transactions redeemable at any moment unlike other gift cards such as VISA gift cards.
What about the transaction speed?
Amazon Gift Card as a deposit method picks up speed as cryptocurrency price keeps climbing and the predictions for its price multiply. The price climbs impact the speed of transactions when using Amazon Gift Card. The transaction speed is instant and favourable for users in digital asset-restricted countries. It is not different than other P2P operations.
Amazon Gift Card Deposits
The process of funding through Amazon Gift Card is as follows:
1. Choose Amazon Gift Card from the list of deposit options.
2. Input the deposit amount to add to your gift card balance and press GO.
3. Finalize the transaction with a verification method of your choice, such as Face ID, Touch ID, or PIN code on your mobile device if needed. Note: On Paxful (see review), you don’t need any additional verification in order to make the transaction.
Which are the main countries where Amazon Gift Card is used?
Amazon Gift Cards are only applicable in the country they were issued. The main countries that use the Gift Card include the United Kingdom, the United States, Netherlands, Spain, Mexico, Japan, India, Italy, France, Germany, China, Canada, Brazil, and Australia.
Can you withdraw with Amazon Gift Card?
No, you cannot. This payment method only redeems deposits with funds withdrawal available once you purchase cryptocurrency or use another way to redeem the gift card. You mostly spend the gift card on purchases.
However, you can be funding from the Gift Card to a bank account via Amazon Pay, sign in to “Shoppers” and withdraw your funds. You can select your bank account, and the amount to deposit and complete the process. The money reflects in three to five business days, while the balance on the gift card must reflect the used amount.
The reputation of Amazon Gift Card
Amazon Gift Cards are popular and reputable as the company that facilitates them is the largest online global retailer. It is a popular deposit method to exchange cryptocurrency. Many websites and platforms show reviews that customers were happy with using Amazon Gift Card to buy cryptocurrencies in a few simple steps. The process is automatic in the conversion into cryptocurrency. This makes it a favorite method among people. Exchange platforms let people use peer-to-peer in trading crypto hence people praise this deposit method for its utility on such sites.
Amazon Gift Card FAQ
Below are some of the most commonly asked questions about Amazon Gift Cards for funding into crypto sites.
Is it safe to use Amazon Gift Card for cryptocurrencies?
It is safe to use the Amazon eGift Card. However, practise caution and be careful of the links you click and therefore use trustworthy sources that do not have spam emails or messages. Official links on sites like Cryptolists.com are secure to begin the process. Also, the deposit transfer is safe as the money is in Escrow.
How do I set up Amazon Gift Card?
You can set it up by signing into your Amazon account. Select the “Your account” tab and click Redeem a Gift card under the Gift Cards tab. Once you enter the card’s claim code, your Amazon Gift card is ready for use.
Is Amazon Gift Card instant?
Yes, they are instant and the payments can be delivered instantly to your email after using it as a deposit method to purchase cryptocurrency. The instant nature is due to being digital. This makes it easy to use for transactions. The instant payment method uses a unique electronic code that reduces fraudulent activity and theft.
Is there an activation fee for Amazon Gift Cards?
No, there is no activation fee.
Where is the mother company based?
The mother company is based in Seattle Washington, and Arlington, Virginia, United States.
Can I transfer my Amazon Gift Card balance to PayPal?
No, transferring the money to PayPal is not possible.