These days, gift card is a way of receiving money from friends and family living abroad, however, you would need to either sell it to a vendor or redeem it yourself in other to cash it out as real money because it initially comes as a card with codes.
They are different gift card companies and each gift card has its own value in Naira depending on the card company and the amount loaded into it.
Aside from selling or redeeming a gift card, you could also be in a position where you want to buy the gift card either to send as a gift to your family or friends living abroad or for your personal use, you would be thinking of the best place to buy the card then.
You don’t have to worry anymore because, in this article, I will be listing out some of the best places where you can buy and sell gifts card in Nigeria. Before then, they are some things you need to consider when buying or selling a gift card and we have also listed them below.
Things To Know Before Trading Your Gift Cards
Before you can buy or sell gift cards on any platform in Nigeria, below are some of the things you need to consider
- It is important that you know your gift card balance before trading
- Always check gift card rates with a card rate calculator
- Make sure you read reviews before downloading an application to trade.
- Keep your gift card and gift card number safe. Understand that the thief can redeem your gift card if it is stolen
- Once a gift card has been traded, it can not be used again by anyone so you can throw it away
Factors To Consider Before Choosing A Gift Card Trading Site or App
There are several factors to consider when choosing a platform to sell your gift card. Some of the most important factors to consider include
- The fees
- Commissions charged by the platform,
- The ease of use and user experience of the platform,
- The payment options available on the platform,
- The gift card rates offered on the platform,
- The types of gift cards accepted on the platform, and
- The customer support provided by the platform.
Additionally, it’s essential to consider the reputation of the platform and any potential risks or downsides associated with using it.
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Where to Buy and Sell Gifts Card in Nigeria
Below are some of the best places to buy or sell gifts card in Nigeria without having the fear of being scammed.
1. Prestmit App
One of the most popular smartphone apps in Nigeria for gift card trading is PRESTMIT. It is easy to use, has a short money processing time, and is safe. Not to add how the blue and white background enhances the app’s aesthetic beauty. Why it has become a favorite among gift card traders is understandable.
With Prestmit, trading gift cards is quite straightforward. From the time you register until the time you sell the gift cards, it doesn’t take long. You are given access to a bitcoin wallet when you sign up for a Prestmit account. Everyone may use the Prestmit app because it was developed with the users in mind. For users of Android and Apple devices, there is the App Store and the Google Play Store.
The Giftcardgranny platform is the second on our list of places to buy or sell gifts card in Nigeria because the platform is actually very reliable and gives users a safe space to trade.
You get credited within minutes once your gift card is verified, this is why we would say that transactions are fast and straightforward on this app.
So if you want to trade your gift card without losing your money to fraudster, then you should use this app, you can download it on google play store or the apple store, sign up and start trading.
3. Paxful App
I don’t really need to write much about this app because it is already a big player in the crypto space. If you have been in the crypto space for some time now, you should have probably heard of Paxful.
Well, the good news is that Paxful also buys or sells gift cards in Nigeria, which means you can safely trade your gift card with them.
However, we cannot really guarantee 100% security because Paxful operates in a peer-to-peer way, which means that you get to sell the card to some other person on the platform and not the company directly.
It has been a recent trend that scammers find their way to the platform, and the Paxful moderators are slow to intervene.
Nevertheless, the Paxful platform offers users a stress-free P2P gift card trading experience. However, it is also important to note that you will receive your payment in crypto, which you can still exchange for cash.
CardCash is another crypto app in the crypto world, just like Paxful, however, Carscash just like Paxful also enables trading of Gift cards and other cryptocurrencies.
But then, Unlike, Paxful, CardCash is more secure because of it an operational method. CardCash buys gift cards at a high rate and is secure.
But the bad news is that CardCash isn’t available for every country, so while trying to download it on the Google play store or App store, it is important you check if it is actually available for your country.
If it isn’t available in your country, then you can go for any other app/ gift card trading platform listed in this article.
5. Nosh App
This might not be a popular name in the trading industry, however, from review, user experience and test, I can say that Nosh is a safe, and reliable platform where you can sell all kinds of gift cards at high rates.
Nosh also operates 24 hours, so their users can trade at any time that suits them, they have a rate calculator that helps you calculate and be sure of the amount you would receive for a particular gift card traded with them.