Do you want to convert Steam gift card to Bitcoin? Then this article is for you.
Steam gift cards are highly-valued gift vouchers that gamers use to purchase gaming software, but they have other uses for non-gamers. If, by chance, you have a Steam gift card, you can redeem it for crypto like Bitcoin instead of letting it lie dormant in your wallet. it’s okay if you’re swapping your voucher because you don’t know how to buy games on Steam with a Steam gift card. When you get the hang of it, you can always get another voucher.
This article will tell you how much Bitcoin you can get for a $100 Steam gift card and where to make the swap. But before we get into it, let’s briefly discuss Steam gift cards and Bitcoin.
Overview of Steam Gift Card and Bitcoin
Steam gift cards are gift vouchers issued by Steam, an industry-leading gaming platform. These gift cards are prepaid cards that holders can use to purchase Steam credits. With Steam credit, you can pay for gaming software and hardware, in-game items, and developers’ software.
Steam gift cards come in denominations ranging from $5 to $100 for the digital cards and $20 to $100 for the physical cards. You can buy Steam gift cards online on digital trading platforms or offline from gift card walk-in stores. One of the perks of this gift card is that you can sell it anytime at pretty high rates for cash or crypto, especially Bitcoin.
Bitcoin is the most popular cryptocurrency, especially since it was the first of the bunch. It is a digital currency that can be used to pay for products and services online or as a store of value. You can use Bitcoin to shop on stores like Amazon and eBay. You can also use the crypto asset to pay for services like VPNs, freelancers, etc.
Due to its decentralised nature, many people prefer Bitcoin to fiat money. As a digital asset, it’s in high demand with a high trading value. But Bitcoin price is prone to frequent changes due to the volatile nature of cryptocurrency.
Buying Bitcoin with gift cards has become common as many digital trading platforms now facilitate crypto-gift card swaps. So, how much Bitcoin can you buy with a $100 Steam gift card? We’ll find out soon enough.
How Much Bitcoin Can a $100 Steam Gift Card Buy?
At the time of writing this article, the exchange value of $100 Steam gift card in Bitcoin is between $85.50 and $96.47. The exchange rate is not fixed as it depends on the price of Bitcoin and the market value of Steam gift cards. Therefore, it is essential to check the rate before proceeding to convert your card to Bitcoin. Interestingly, Prestmit has an automated gift card rates calculator to help you understand the current exchange rate of your card.
Where to Convert Steam Gift Card to Bitcoin – Prestmit
When choosing where to convert your gift cards to Bitcoin, two things should come to mind: exchange rate and security concerns.
Exchange rates affect how much bitcoins you receive after a conversion. A reasonable exchange rate means you receive more bitcoin, and vice versa.
As regards security concerns, you must consider how discrete a platform is with your personal information before trading with them. Platforms with little to no security measures are ill-advised as opposed to platforms with high customer security concerns.
The good news is that Prestmit offers both. This is a trusted digital trading platform where users can trade Steam gift cards for Bitcoin at competitive rates.
It has a user-friendly interface, so you need not worry about interacting with the platform, even if it’s your first time trading. But first, you need to create an account, select the Steam gift card as the trade option, and then enter your card details. Once the card is verified, the equivalent Bitcoin value is sent directly to your wallet.
How To Convert $100 Steam Card To Bitcoin On Prestmit
Here are the quick steps to sell Bitcoin:
- Visit the official Prestmit website or download the Prestmit app on the Google Play Store or Apple Store.
- Create a Prestmit account and log in.
- Click “Gift Cards” and choose “Sell Gift Cards.”
- Choose “Bitcoin (BTC)” as your preferred payment method.
- Select “Steam” from the gift card category and choose the card type.
- Enter “100” as the amount of Steam gift card you want to sell.
- Upload the image of the Steam card or enter the code in the comment section.
- Enter your Bitcoin wallet address.
- Follow the prompts to complete the transaction.
- You will receive your BTC in your wallet immediately after confirming the transaction.
Frequently Asked Questions (FAQs) About Buying Bitcoin with a Steam Gift Card
Can I buy Bitcoin with a Steam gift card?
A: Yes, you can use your Steam gift card to buy some bitcoin on a digital exchange platform. It could be a P2P platform where you create offers or look for one with what you want.
Where can I swap my Steam gift card for Bitcoin?
A: You can buy Bitcoin with your Steam gift card on Prestmit, Africa’s leading digital trading platform. Prestmit makes it easy to swap different digital assets at the fairest rates you’ll come across anywhere.
How do I buy Bitcoin with a $100 Steam gift card?
A: As soon as you’ve chosen a trading platform, like Prestmit, download the app. Register for an account or log in if you already have one. With the highlighted steps in this article, you’ll have your Bitcoin within minutes. Ensure you have a Bitcoin wallet address. You can choose a wallet for your Android or iOS device.
Conclusion
You can make huge profits by exchanging a $100 Steam gift card for bitcoin. However, factors like market demand and platform fees can affect the amount of bitcoins you receive.
Speaking of trading platforms, using a reliable platform is crucial so as to stay abreast with market trends. Exchange platforms like Prestmit offer competitive rates for sweet deals. What are you waiting for? Exchange Steam cards for cash immediately.
