How To Buy Bitcoin With A Walmart Gift Card
Did you know you can buy Bitcoin with a Walmart Gift Card? Sure, you no longer have to waste your gift card on something you don’t really need just for the sake of spending it.
We all get gift cards from time to time, and we all usually buy things we don’t need. So instead of buying another toaster or a pair of socks, why not buy Bitcoin with your Walmart Gift Card instead? It’s easy and a great way to get into Bitcoin.
Let’s get this straight from the off, you can’t walk into the store and buy Bitcoin at Walmart, but you can use Walmart money products to get hold of some at what are known as peer-to-peer Bitcoin exchanges.
These are different from typical Bitcoin exchanges, such as Kraken and Binance. Peer-to-peer Bitcoin exchanges are platforms where buyers and sellers come together and agree on a price and currency.
Paxful is the best peer-to-peer Bitcoin exchange and has over 350 ways to buy Bitcoin, and yes you guessed it you can buy Bitcoin with a Walmart Gift Card on Paxful.
You can also buy Bitcoin with a Walmart Money Card, so if you have a pre-paid debit card and don’t want to waste it on useless goodies, why not buy some Bitcoin with it?
Buy Bitcoin With A Walmart Gift Card
If you have a gift card and want to use it to buy Bitcoin the first thing you need to do is create an account with Paxful.
On Paxful there are with sellers accepting pretty much any national currency, airmiles, and of course Walmart Gift Cards for Bitcoin.
Creating an account at Paxful is easy, and for a full ‘How To’ review, check this article out.
Once your account is created, simply click on the ‘Buy Bitcoin With’ section and click on ‘Show All’ and find the Walmart Gift Card option.
Then it will present you with all the sellers willing to accept a Walmart Gift Card. Make sure the seller accepts your type of gift card. Is your card a physical card or is it an e-code? Some sellers accept both, some accept one or the other.
Scroll through them all until you see a price you’re happy to pay, click ‘Buy’ and follow the instructions.
Then just complete the form for how much Bitcoin you want to buy, and click ‘Buy”. Once you do this, the BTC you want will automatically be sent to a third-party escrow where it will remain until you confirm payment.
You will then be directed to the next page. Here you just follow a few simple instructions, and complete the method of payment.
Once you agree everything, a live chat will open between you and the seller. The seller will ask you to take a clear picture of the card’s code, and they might even ask for a receipt for proof of purchase.
If you’re buying Bitcoin with a physical Walmart Gift Card, you’ll have to scratch off the seal and take a picture of the code that reveals it.
Take some clear images, upload them by dragging them or pressing ‘Upload’ to the chat box. Once you have them uploaded click ‘Paid’ on the box and wait for the seller to confirm that your gift card is legitimate.
Once both parties are happy that payment has been sent, the escrow will deposit your Bitcoin into your Paxful wallet, and the seller will be able to use his Walmrt Gift Card to buy whatever he/she chooses, maybe some Bitcoin if the price drops.
There Are More Ways To Buy Bitcoin Than Ever
Bitcoin is easily accessible for most people. Pretty much every country there are exchanges operating, but not everyone wants to buy Bitcoin from exchanges.
And some people have gift cards they want to put to use rather than buying stuff they don’t need. Walmart is still the largest publicly traded retailer, and America’s favourite retailer isn’t just about TVs, microwaves and refrigerators nowadays.
Walmart has grown into the fintech space in recent years and offers many financial tools for its legion of fans, and using your Walmart Gift Card to buy Bitcoin is a great way to make good use of it.
