How To Convert Steam Gift Cards, iTunes gift Cards And Amazon Gift Cards To Naira ($20, $50, $100)
In this article, you’d be learning the step-by-step guide on how to convert steam gift cards, iTunes gift cards, and Amazon gift cards to Naira ($20, $50, $100) including the reasons why Nigerians choose to convert their steam gift cards, iTunes gift cards, and Amazon gift cards to Naira and also the benefits attached to it while some frequently Asked Questions related to the topic aren’t excluded.
No need to take much of your time, let’s dive into knowing how to convert steam gift cards, iTunes gift cards, and Amazon gift cards to Naira ($20, $50, $100) starting with why Nigerians choose to get it converted.
Why People Convert Steam Gift Cards, iTunes Gift Cards And Amazon Gift Cards To Naira ($20, $50, $100)
People may want to convert their Steam gift cards, iTunes gift cards, and Amazon gift cards to Naira for several reasons, such as:
Purposely To Get Cash
Some people may have received gift cards as gifts, but they prefer cash instead.
Converting gift cards to Naira enables them to get the cash that they can use for other purposes.
To Pay For Goods And Services
Gift cards can only be used on specific platforms or for specific products or services.
However, converting gift cards to Naira allows people to use the money to pay for goods and services in Nigeria or other countries.
To Take Advantage Of Exchange Rates
Gift cards are usually denominated in foreign currencies such as USD, GBP, or EUR.
Converting gift cards to Naira can allow people to take advantage of favorable exchange rates and get more Naira for their gift cards.
To avoid expiration
Some gift cards have expiration dates, after which they become unusable.
However, to prevent the worst, converting the gift cards to Naira before they expire is beneficial for people to use the money for other purposes and avoid losing the value of the gift cards.
Benefits Of Converting Steam Gift Cards, iTunes Gift Cards And Amazon Gift Cards To Naira
There are several benefits to converting Steam gift cards, iTunes gift cards, and Amazon gift cards to Naira and that is why you’ll see many Nigerians converting their gifts kind of all kinds.
However, below are some of the benefits of converting your gift cards of any kind to Naira:
Cash availability
The very first benefit of converting gift cards to Naira is that it provides an opportunity for individuals to access cash that they may not have had before.
Cash can be used for various purposes, such as paying bills, making purchases, or investing.
Convenience
Gift card conversion services are often available online, making it a convenient way to convert gift cards to cash.
With just a few clicks, individuals can convert their gift cards to Naira and quickly receive the cash in their bank account or other payment methods e.g PayPal.
No expiry date
Naira does not expire, unlike gift cards that have an expiry date.
However, by converting gift cards to Naira, you can avoid losing the value of your gift cards provided that they are not used before the expiration date.
Currency Exchange Rates
Converting gift cards to Naira can be beneficial if the gift card is denominated in a foreign currency.
Depending on the exchange rate, you can get more Naira than the foreign currency denomination of the gift card.
Flexibility
Converting gift cards to Naira provides flexibility in the use of funds.
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Naira can be used to purchase goods and services within Nigeria, as well as for international transactions, making it an excellent option for individuals who need cash for various purposes.
How to Convert steam gift cards, iTunes gift cards and Amazon gift cards to Naira ($20, $50, $100)
To convert your Steam gift cards, iTunes gift cards, and Amazon gift cards to Naira, you will need to find a reputable gift card exchange platform that operates in Nigeria or accepts transactions from Nigeria.
The following steps will show you how to convert steam gift cards, iTunes gift cards, and Amazon gift cards to Naira ($20, $50, $100).
The gift cards could be $20, $50, $100, or any other amount not included here. The guidelines below will surely help you in getting any of the mentioned gift cards converted to naira.
Research and choose a reputable gift card exchange platform that operates in Nigeria or accepts transactions from Nigeria. Some popular options include Cardtonic, Sellcardbtc, Paxful, and Afrbtc.
- Create an account on the chosen platform Paxful and complete the verification process if required.
- Check the platform’s rates for the gift cards you want to convert. The rates will typically vary based on factors such as demand, supply, and the platform’s policies.
- Select the type of gift card you want to convert, enter the card details (such as the card code and PIN), and confirm the transaction.
- After confirmation, the platform will verify the gift card details and then credit your account with the Naira equivalent of the card’s value, minus any fees charged by the platform.
You can then withdraw the Naira to your bank account or other supported payment methods.
Frequently Asked Questions On how to convert steam gift cards, iTunes gift cards and Amazon gift cards to Naira ($20, $50, $100)
Frequently Asked Questions On how to convert steam gift cards, iTunes gift cards and Amazon gift cards to Naira ($20, $50, $100) are the following:
What is a gift card exchange platform?
A gift card exchange platform is an online platform that allows users to trade their gift cards for cash or other gift cards. These platforms provide a convenient way for individuals to convert their gift cards to Naira or other currencies.
How do I know which gift card exchange platform to use?
It is important to research and choose a reputable gift card exchange platform that operates in Nigeria or accepts transactions from Nigeria. Some popular options include Cardtonic, Sellcardbtc, Paxful, and Afrbtc.
What information do I need to provide to convert my gift card to Naira?
To convert your gift card to Naira, you will need to provide the card details, such as the card code and PIN.
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The platform may also require additional information, such as your bank account details, to credit the Naira equivalent of the card’s value.
What fees are involved in converting gift cards to Naira?
Gift card exchange platforms typically charge a processing fee or a percentage of the transaction value.
The fees may vary depending on the platform and the amount involved in the transaction.
How long does it take to convert gift cards to Naira?
The processing time may vary depending on the platform’s policies and the amount involved. Some platforms may process transactions instantly, while others may take several hours or days to verify the gift card details and credit the Naira to your account.
Can I convert any gift card to Naira?
Not all gift cards may be accepted for conversion to Naira but all the types of gift cards mentioned in this article (how to convert steam gift cards, iTunes gift cards, and Amazon gift cards to Naira $20, $50, $100) can be converted to Naira.
However, it is important to check with the platform to confirm if they accept the specific gift card you want to convert.
