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The gift card market is reported to be omg going to grow by over 15% p.a. in the next four years from $585,311 million to over $1,591,461 million according to Allied market Research. As more retailers understand the benefits of such schemes and as increasingly such schemes migrate to become digital using mobile phones. Given the growth in e-commerce and the demand for cashless payments gift cards are increasingly being used. However, it is possible to convert gift cards in to Cryptocurrencies like Bitcoin.
Given some gift cards have an expiry date, if you cannot make up your mind what to buy, you may wish to consider converting your Gift card into Bitcoins. It is now possible to do this using companies like Paxfulwho according to Trust pilotare a credible firm but as always exercise caution as there may be people on their platform who could be up to nefarious activities! Allegedly Paxful were the 4thbusiest Bitcoin wallet, in 2018 ,in terms of transactions, doing over 20,000 deals a day. It is possible to change your Crypto on to a gift card and then buy an iTunes gift card and then use this to buy a new iPhone or MacBook.
There is no reason why you cannot also convert Cryptocurrencies in to gift cards and so solve the dilemma that many merchants do not accept Cryptocurrencies as payment.
