How to Safely Trade Gift Cards on Paxful
Gift card deals are very popular on Paxful.
Not only are there thousands of trusted offers of gift cards of all kinds on the platform, but many users use it as their primary way to trade bitcoin.
We have implemented strong security measures to ensure that you trade gift cards in a safe environment.
However, you also do your part to keep your transactions safe. When trading Bitcoin gift cards on Paxful, please follow these best practices to keep your transactions safe:
Best How To: Buy Bitcoin Safely With Gift Cards
- Provide evidence to your seller.
- Provide the seller with evidence that the gift card is valid, purchased by you (photo of receipt), and proof of your bona fide ownership (photo of gift card and screenshot of gift card balance).
- Take screenshots or screen recordings of your transactions.
- In the event of a dispute, it will greatly help you if you can provide photos and videos to prove that you are an honest trader.
- Do not upload any photos without asking.
- Please wait until the seller explicitly asks you to send a photo of the gift card code before sending the payment.
- Do not redeem gift cards for a short period of time.
- Using too many gift card codes in a short period of time may cause the merchant to limit your account.
Best How-To: Safely Sell Bitcoin for Gift Cards
American Express Gift Cards & OneVanilla VISA/MasterCard Gift Cards
- Specify the serial number of the card you accept. For example, start with 4356.
- Tell the counterparty not to pay until you expressly request it. Before asking the other party to send a payment, make sure you’re ready to receive it.
- Ask if the gift card balance is full and valid. Tell the buyer of the card that the gift card balance must be valid in full to be accepted.
- Make sure the gift card is not registered. Do not register for gift cards.
- Ask buyers to attach proof when uploading gift cards. Make sure to include the current balance and current time.
- All information on the gift card is requested . Include card number, expiration date and CVV2 (eg XXXXXXXXXXXXXX XX/XX XXXX ).
- Wait a few minutes for the gift card to process. If the gift card is declined, please let the transaction partner know and you will check again in an hour.
Visa Gift Card
- Specify the serial number of the card you accept. For example, start with 4356.
- Make sure the gift card is not registered. Do not register for gift cards.
- Ask buyers to attach proof when uploading gift cards . This includes a screenshot of the card’s balance, transaction history, and the current time. If they don’t know how to check their balance, you can direct them to this site.
- Ask for clear pictures . This includes clear photos of the front and back of the card. Make sure you can read all the details clearly in the pictures.
Walmart Gift Card
- Specify the serial number of the card you accept. For example, start with 4356.
- Make sure the gift card is not registered. Do not register for gift cards.
- Ask if the gift card balance is full and valid. Tell the buyer of the card that the gift card balance must be valid in full to be accepted.
- Ask buyers to attach proof when uploading gift cards. Ask the person to enter the first four digits of the card number, the date and time the gift card was purchased (found on the receipt), and the full gift card number. In addition, please upload the balance and screenshot of the current time.
- Ask for clear photos. This includes clear photos of the front and back of the card. Make sure you can read all the details clearly in the pictures.
Amazon Gift Card
- Ask buyers to attach proof when uploading gift cards. This includes photos of receipts.
- Look carefully at the receipt. Check to see if the receipt is in your trading partner’s name and check the date of purchase.
- Ask the other party if the account is restricted on Amazon. Ask the person how often they sell Amazon gift cards, if the person sells frequently, their account may be limited.
Learn How to Trade Bitcoin Safely
Whenever you trade Bitcoin, be sure to learn how to minimize risk as much as possible. Doing so keeps your funds safe and makes you the best trader on Paxful.
If you’re looking forward to an automated trading experience, check out our Gift Card Hub !
Please click "Introduction of Paxful", if you want to know the details and the company information of Paxful.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...