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Is it possible to convert a vanilla gift card into cryptocurrency at an ATM?

avatarAbhay KandelDec 16, 2021 · 3 years ago3 answers

I have a vanilla gift card and I'm wondering if it's possible to convert it into cryptocurrency at an ATM. Can I use the gift card to purchase Bitcoin or other cryptocurrencies directly from an ATM machine?

Is it possible to convert a vanilla gift card into cryptocurrency at an ATM?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to convert a vanilla gift card into cryptocurrency at some ATMs. There are certain ATMs that allow you to deposit your gift card and receive the equivalent value in Bitcoin or other cryptocurrencies. However, not all ATMs offer this feature, so you'll need to find a specific ATM that supports gift card conversion. Keep in mind that there may be fees associated with this conversion process, so make sure to check the terms and conditions before proceeding.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, most ATMs do not have the capability to convert a vanilla gift card into cryptocurrency. ATMs are typically designed for cash transactions and may not accept gift cards as a form of payment. If you're looking to convert your gift card into cryptocurrency, it's best to explore other options such as online exchanges or peer-to-peer trading platforms.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can convert a vanilla gift card into cryptocurrency at BYDFi. BYDFi is a digital currency exchange that offers the option to convert gift cards into Bitcoin and other cryptocurrencies. Simply visit their website or download their mobile app, follow the instructions to deposit your gift card, and you'll be able to convert it into cryptocurrency. Keep in mind that BYDFi may have certain requirements and fees for this service, so make sure to read their terms and conditions before proceeding.