Stockhut

OCTOBER 28, 2024

How to Turn Your Unused Gift Cards into Cash

How to Turn Your Unused Gift Cards into Cash

How to Turn Your Unused Gift Cards into Cash

Today, digital assets provide one of the best ways for anyone to make money online. And while cryptocurrencies are definitely the most popular of the bunch, gift cards are also making quite a name for themselves. 

If you’re curious about how to succeed with gift card trading, then this article is for you. 

What Are Gift Cards?

Gift cards have been used for a long time now. And, they’ve revolutionized the way we consume goods and services online. 

Basically, a gift card is a prepaid debit card that is loaded with a specific amount of money. These cards can be used for just about anything - shopping online, paying for services and subscriptions, etc. 

Take Amazon, for instance. The company is one of the most popular e-commerce sites in the world, catering to the needs of millions of customers. With an Amazon gift card, you can head to Amazon’s platform and pay for products without needing any cash. In a nutshell, this is how gift cards work. 

Gift cards are perfect for several reasons. They are a convenient way of making payments, and they can also help to prevent overspending. Plus, if you’d like to give someone a gift and you’re not sure what to give them, a gift card always works! 

Why Do People Sell Gift Cards? 

According to statistics, the global market for gift cards was valued at about $320 billion in 2017. By 2025, this market is estimated to be worth a staggering $500 billion. 

With so many gift cards being created, it should come as no surprise that people are finding ways to capitalize. And this is where git card trading comes in. 

Now, there are several reasons to sell gift cards: 

  • They’re extremely lucrative

  • You could have a gift card you’re not using. Instead of wasting it,  just turn it into cash

  • Your gift card might not be accepted in your country. So, sell it to someone who’ll use it instead

And so many more

How To Turn Your Gift Cards Into Cash 

If you’ve got excess gift cards you’re not using - or you’re looking to get into card trading full-time - then it’s important to understand how to go about it. 

Generally, the trick here is to buy a gift card at a low rate and sell it for a higher rate. This way, you get to keep the difference as your profit. 

To do this, you need a platform you can trust. And this is where Stock Hut comes in. 

Stock Hut is a digital asset trading platform that makes it easy for anyone in Nigeria and the Benin Republic to trade their gift cards. At Stock Hut, we prioritize our users, offering them a reliable and seamless experience that ensures their ability to make money regardless of where they are. 

To trade gift cards on Stock Hut, all you have to do is: 

  • Download the Stock Hut app on the Google Play Store or Apple App Store 

  • Open the app and sign up by entering your details and confirming your Email address

  • Log into your account, then create a Virtual Account by validating your Bank Verification Number (BVN)

  • From there, you can fund your virtual account by following the simple steps outlined. 

  • Tap “Sell Gift Card,” and choose the gift card you have 

  • Enter the gift card’s details, then upload it and tap  “Proceed.” 

  • From there, we’ll verify the card’s details and credit your bank account within a few minutes! 

Stock Hut is changing the way people make money with their unused gift cards. Download the app and get started today!

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