What are the best ways to use subway egift for purchasing cryptocurrencies?
Mohamed MohyNov 30, 2021 · 3 years ago3 answers
I recently received a subway egift card and I'm wondering if there are any ways I can use it to purchase cryptocurrencies. Can I directly use the subway egift card to buy cryptocurrencies? If not, what are the best methods to convert the value of the subway egift card into cryptocurrencies?
3 answers
- Nov 30, 2021 · 3 years agoUnfortunately, you cannot directly use a subway egift card to purchase cryptocurrencies. Cryptocurrency exchanges typically do not accept gift cards as a form of payment. However, there are alternative methods to convert the value of your subway egift card into cryptocurrencies. One option is to sell your subway egift card for cash on a gift card marketplace, such as Raise or CardCash. Once you have the cash, you can use it to buy cryptocurrencies on a supported exchange. Another option is to use the cash from selling your subway egift card to buy prepaid debit cards, such as Visa or Mastercard gift cards, which can then be used to purchase cryptocurrencies on certain exchanges.
- Nov 30, 2021 · 3 years agoNope, sorry! Subway egift cards cannot be directly used to buy cryptocurrencies. You'll need to convert the value of the gift card into cash first. One way to do this is by selling your subway egift card on a gift card marketplace like Raise or CardCash. Once you have the cash, you can use it to purchase cryptocurrencies on a supported exchange. Alternatively, you can also use the cash to buy prepaid debit cards, like Visa or Mastercard gift cards, which can then be used to buy cryptocurrencies on select exchanges. Just make sure to check the exchange's accepted payment methods before proceeding.
- Nov 30, 2021 · 3 years agoWhile subway egift cards cannot be directly used to purchase cryptocurrencies, there are a few workarounds you can try. One option is to sell your subway egift card on a gift card marketplace, such as Raise or CardCash, and then use the cash to buy cryptocurrencies on a supported exchange. Another option is to use the cash from selling your subway egift card to buy prepaid debit cards, like Visa or Mastercard gift cards, which can be used to purchase cryptocurrencies on certain exchanges. Keep in mind that the availability of these methods may vary depending on the exchange and region you are in. It's always a good idea to check the exchange's accepted payment methods and any applicable fees before proceeding.
Related Tags
Hot Questions
- 95
How does cryptocurrency affect my tax return?
- 76
Are there any special tax rules for crypto investors?
- 72
What are the advantages of using cryptocurrency for online transactions?
- 70
What are the best digital currencies to invest in right now?
- 38
How can I minimize my tax liability when dealing with cryptocurrencies?
- 36
How can I protect my digital assets from hackers?
- 29
How can I buy Bitcoin with a credit card?
- 27
What are the tax implications of using cryptocurrency?