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Home Economy Digital Assets

How to Make Money Online From Gift Card Trading

by Techeconomy
July 25, 2024
in Digital Assets
0
gift card trading
gift card trading in Nigeria and beyond

gift card trading in Nigeria and beyond

UBA
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In today’s tough economy, everyone’s on the hunt for ways to make some extra cash. While freelancing and online tutoring are popular options, there’s another goldmine hiding in plain sight: gift card trading.

Ever wondered what to do with those unwanted gift cards collecting dust in your drawer? Turn them into cash.

Gift card trading is a legitimate and often overlooked method to make money online. It’s simpler than you might think and can be surprisingly lucrative.

But how exactly does it work? And more importantly, how can you maximise your profits? Stick with me, and I’ll walk you through the ins and outs of gift card trading.

Ready to potentially make millions from gift card trading? Let’s get right to it!

What Is Gift Card Trading?

So, imagine you got a gift card for your birthday, but it’s for a brand you don’t really like. That’s bad, right? Well, that’s where gift card trading comes in handy. It’s like swapping greeting cards but with gift cards instead!

Gift card trading is when you take a gift card you don’t want and trade it for something you do want – usually cash or another gift card.

And the best part? There are special websites and apps, like Cardtonic, or marketplaces like Jiji and Facebook Marketplace, that make it super easy for you to trade your gift card for cash.

How To Make Money From Gift Card Trading

Now, here’s where it gets exciting. Remember how I said you could turn unwanted gift cards into cash? That’s how you make money from gift card trading!

Let’s say you have a $50 gift card for a store you never visit. Instead of letting it gather dust, you could sell the gift card for cash. You might not get the full $50, but hey, some cash is better than a useless piece of plastic, right?

But it gets even better. Some clever folks buy gift cards online when they’re on sale, then trade them for a profit.

Gift Card Trading in Nigeria
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For example, imagine you found a $100 gift card on sale for $80. You buy it, then trade it on a site like Cardtonic for $90. Boom! You just made $10 without breaking a sweat.

The more gift cards you trade, the more money you can make. It’s not going to make you a millionaire overnight, but it’s a fun and easy way to earn some extra pocket money.

How To Trade Your Gift For Cash On Cardtonic

Trading gift cards for cash on Cardtonic is a straightforward process. Download the app, select “Sell gift card,” choose your card type, enter the details, and submit. The transaction typically completes in 5-10 minutes, turning your unused gift cards into cash quickly and easily.

  1. Download the Cardtonic app from your app store and set up your account.
  2. On the dashboard, Click on the “Sell Gift Card” icon
  3. Select the Gift Card category. For example, if you’re selling an American Express card, choose an AMEX gift card.
  4. Pick the sub-category. If it’s a high-value AMEX card, you might select “USA AMEX Card (400 and above).”
  5. Enter the Gift Card amount.
  6. If you have a physical card, upload image(s) of the gift card. For e-gift cards, simply input the code.
  7. Click on “Proceed.”
  8. On the summary page, double-check your transaction details and read the trade terms.
  9. If everything looks good, click “Submit.”

That’s all there is to it! The whole process usually takes about 5 to 10 minutes to complete.

Why Sell Your Gift Card For Cash On Cardtonic

Selling gift cards on Cardtonic offers three key benefits: competitive rates, a user-friendly platform, and swift transactions. These advantages make Cardtonic an attractive choice for anyone looking to convert their unused gift cards into cash quickly and efficiently.

Gift Card Trading in Nigeria

  1. Competitive Rates:

Look, we’re all in this to get the most value out of our unused gift card, right? Cardtonic gets it. They’re not playing around when it comes to offering some of the best rates in the gift card exchange game.

I’ve done my fair share of comparisons, and let me tell you, Cardtonic consistently comes out on top.

Whether you’re trading an Amazon gift card or an iTunes card, you’re likely to get more cash in your pocket with Cardtonic than with many other platforms.

  1. User-Friendly Platform:

Remember the last time you tried to figure out a complicated app and felt like throwing your phone across the room?

Yeah, Cardtonic isn’t about that life. Their platform is so intuitive, that my tech-phobic aunt could probably use it (and that’s saying something!).

From the moment you open the app to the second you complete your transaction, everything is laid out in a clear, straightforward manner.

  1. Swift Transactions:

In today’s fast-paced world, who has time to wait around for days to get their money? Not you, and certainly not me.

That’s where Cardtonic really shines. Most transactions are completed in a matter of minutes – we’re talking 5 to 10 minutes.

That means you can go from holding an unwanted gift card to having cash in your account in less time than it takes to make noodles.

It’s perfect for those moments when you need quick cash.

Frequently Asked Questions About Selling Gift Cards For Cash

  1. What Is The Best Gift Card Trading Site In Nigeria?

While there are several options out there, Cardtonic consistently stands out as one of the best gift card trading platforms in Nigeria.

I’ve personally found their rates to be competitive, their platform user-friendly, and their transactions lightning-fast. But don’t just take my word for it – their growing user base and positive reviews speak volumes.

  1. Can You Trade A Gift Card For Real Money?

Absolutely! It’s not just possible, it’s becoming increasingly popular. Sites like Cardtonic have made it easier than ever to sell those gift cards for cash.

  1. Can Gift Cards Be Converted To Money?

Yes, they can. That’s exactly what happens when you trade your gift cards on platforms like Cardtonic. You’re essentially converting the value of your gift card into actual money that you can use however you like.

  1. Can I Transfer A Gift Card To My Bank Account?

While you can’t directly transfer a gift card to your bank account, there’s a nifty workaround. Here’s a pro tip: sell your gift card for cash on Cardtonic, and then have that money sent straight to your bank account.

  1. Which Gift Card Has The Highest Rate In Nigeria Right Now?

Now, this is a tricky one because gift card rates can fluctuate like the stock market. However, as of my last check, iTunes and Steam gift cards were fetching pretty high rates in Nigeria.

But here’s the thing – these rates can change faster than you can say “gift card trading.” Your best bet is to check the current rates using the Cardtonic rate calculator.

Conclusion

Trading gift cards for cash is a smart way to make the most of those unused presents. It’s simple, quick, and can put extra money in your pocket. Whether you’ve got one lonely gift card or a whole stack, platforms like Cardtonic make it easy to turn them into cash you can actually use.

Remember, gift card trading isn’t just about getting rid of unwanted cards – it’s about making smart financial choices. So why let those gift cards collect dust when they could be padding your wallet instead?

Ready to start? Head over to Cardtonic and see how much cash your gift cards are worth. It’s time to turn those gift cards into real money!

 

 

 

======================================================

[Disclaimer: The above information is not legal advice, just general gift giving best practices. You are responsible for actions after reading this post]

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