{"id":116,"date":"2021-02-21T21:09:36","date_gmt":"2021-02-21T21:09:36","guid":{"rendered":"https:\/\/blog.prestmit.io\/?p=116"},"modified":"2024-08-02T08:18:40","modified_gmt":"2024-08-02T08:18:40","slug":"3-things-to-know-before-selling-your-gift-cards-in-nigeria","status":"publish","type":"post","link":"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria","title":{"rendered":"3 Things to Know Before Selling Your Gift Cards in Nigeria"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e9166dd1d26\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e9166dd1d26\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#1_Understand_Your_Buyer\" >1. Understand Your Buyer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#2_Trade_With_A_Buyer_Willing_To_Pay\" >2. Trade With A Buyer Willing To Pay<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#3_Stay_Updated_With_Gift_Card_Rates\" >3. Stay Updated With Gift Card Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#How_To_Sell_Gift_Cards_On_Prestmit_In_Nigeria\" >How To Sell Gift Cards On Prestmit In Nigeria<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#Frequently_Asked_Questions_FAQs_About_Things_To_Know_In_Selling_Gift_Cards_In_Nigeria\" >Frequently Asked Questions (FAQs) About Things To Know In Selling Gift Cards In Nigeria<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#Can_I_Sell_My_Gift_Cards_In_Nigeria\" >Can I Sell My Gift Cards In Nigeria?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#When_Can_I_Sell_My_Gift_Cards\" >When Can I Sell My Gift Cards?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#Do_I_Need_Any_Knowledge_To_Sell_Cards_In_Nigeria\" >Do I Need Any Knowledge To Sell Cards In Nigeria?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/prestmit.io\/blog\/3-things-to-know-before-selling-your-gift-cards-in-nigeria\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>The advent of the digital age has given rise to assets like gift cards that enable access to products and services across physical and online stores that support them. The viability of gift cards can be attributed to their real-time value, which makes them a better option than regular gifts. This feature has also positioned trading cards as one of the <a href=\"https:\/\/prestmit.io\/blog\/10-best-ways-make-money-online-nigeria\">best ways to make money online<\/a> in Nigeria. But there are Things to know before selling your gift cards in Nigeria.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"1_Understand_Your_Buyer\"><\/span><span style=\"font-weight: 400;\">1. Understand Your Buyer<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It is essential to know your buyer before considering selling your gift card. This hinges on the ideology that there is no market without customers because demand drives supply. As such, you must know the type of cards your customer wants before selling them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, there are many gift cards in the market which serve varying purposes. This is what informs the decision of buyers on what card to buy. Therefore, you need to understand the type of gift card your buyers want, maybe <a href=\"https:\/\/prestmit.io\/blog\/top-10-best-gift-cards-video-gamers-year\">gaming gift cards<\/a>, shopping gift cards, entertainment gift cards, etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, you must know who your customer is to prevent yourself from possible <a href=\"https:\/\/prestmit.io\/blog\/latest-gift-card-scams-you-should-beware-of-in-2022\">gift card scams<\/a>. The digital space has become a hotbed of scammers devising different means to steal users\u2019 funds. That is why you must ensure to sell your card to someone you can quickly contact and not an anonymous entity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can also stay safe by selling your gift cards at reputable platforms like Prestmit to avoid falling prey to malicious entities.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"2_Trade_With_A_Buyer_Willing_To_Pay\"><\/span><span style=\"font-weight: 400;\">2. Trade With A Buyer Willing To Pay<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Gift cards can not be borrowed or leased. They are assets that provide you exchange for products or services when redeemed. It is also expected to make money from cards when you sell them. Therefore, it is imperative to sell your gift cards to a buyer who is ready to pay before or after taking delivery of the card.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How can you know a buyer who is willing to pay? You can adopt the strategy of ensuring your buyer pays before sending the card to them. This prevents losing your card to a fraudulent buyer who disappears after getting the card. It, in turn, results in loss of funds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, you may need to trade your gift card on trusted platforms like Prestmit, which ensures payment before delivery from entities purchasing cards.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"3_Stay_Updated_With_Gift_Card_Rates\"><\/span><span style=\"font-weight: 400;\">3. Stay Updated With Gift Card Rates<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Like the volatile crypto market that swings prices, gift card rates are also not fixed. The value of gift cards is largely driven by their demand in the market. So, it is essential to know the real-time rate of the card you want to sell to know how much its equivalent will be in Nigerian naira or cryptocurrency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This knowledge helps you to know when to sell your gift card and make profits &#8211; which is the hallmark of every trade. If you are looking for how to know the exchange value in real-time, you can use the <a href=\"https:\/\/prestmit.io\/rates\" target=\"_blank\" rel=\"noopener\">automated gift card calculator<\/a> on Prestmit to inform your selling decision in making gains.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Sell_Gift_Cards_On_Prestmit_In_Nigeria\"><\/span><span style=\"font-weight: 400;\">How To Sell Gift Cards On Prestmit In Nigeria<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-10441 size-full lazyload\" data-src=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit.jpg\" alt=\"Things to consider before selling gift cards\" width=\"1500\" height=\"787\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit.jpg 1500w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit-1024x537.jpg 1024w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit-150x79.jpg 150w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit-768x403.jpg 768w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/10\/prestmit-1320x693.jpg 1320w\" data-sizes=\"(max-width: 1500px) 100vw, 1500px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1500px; --smush-placeholder-aspect-ratio: 1500\/787;\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Here are the quick steps to sell gift cards on the platform:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><a href=\"https:\/\/prestmit.io\/\" target=\"_blank\" rel=\"noopener\">Visit the official Prestmit website<\/a> or download the Prestmit app on the <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.prestmit\" target=\"_blank\" rel=\"noopener\">Google Play Store<\/a> or <a href=\"https:\/\/apps.apple.com\/ng\/app\/prestmit-gift-cards-coins\/id1581960714\" target=\"_blank\" rel=\"noopener\">Apple Store<\/a>.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Create a Prestmit account and log in.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Click \u201c<strong>Gift Cards<\/strong>\u201d and choose \u201c<strong>Sell Gift Cards<\/strong>.\u201d<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Choose your preferred payment, which could be in fiat or cryptocurrency.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Select the card you want to sell from the \u201c<strong>Gift Card Category<\/strong>\u201d and choose the \u201c<strong>Gift Card Type<\/strong>.\u201d<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Enter the \u201c<strong>Amount<\/strong>\u201d of the card you want to sell.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Upload your gift card image or enter the code in the comment section.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Click &#8220;<strong>Proceed<\/strong>\u201d to complete your transaction.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">You will receive payment immediately upon the confirmation of your transaction.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs_About_Things_To_Know_In_Selling_Gift_Cards_In_Nigeria\"><\/span><span style=\"font-weight: 400;\">Frequently Asked Questions (FAQs) About Things To Know In Selling Gift Cards In Nigeria<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_Sell_My_Gift_Cards_In_Nigeria\"><\/span><span style=\"font-weight: 400;\">Can I Sell My Gift Cards In Nigeria?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, you can sell your gift cards in Nigeria, as there are different methods. But you can trade your cards on Prestmit because the platform provides all innovative features that enable you to make profitable trading.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_Can_I_Sell_My_Gift_Cards\"><\/span><span style=\"font-weight: 400;\">When Can I Sell My Gift Cards?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There is no particular time to sell your card. This means that you can sell your gift card anytime to make money. You just need to look for a buyer or, perhaps, sell your card on Prestmit.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_Need_Any_Knowledge_To_Sell_Cards_In_Nigeria\"><\/span><span style=\"font-weight: 400;\">Do I Need Any Knowledge To Sell Cards In Nigeria?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, you must stay updated with gift card rates to know the value at which you will sell your card. This also helps you to decide on the best time to sell your gift card.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"font-weight: 400;\">Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Gift card trading is an excellent way to make money if you take the right steps to sell your gift cards. While you need to look for a buyer and know about gift rates in real-time, it is safe to sell your card at a platform that gives you confidence as you make profits.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are considering where to sell your gift cards, Prestmit is the answer!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The advent of the digital age has given rise to assets like gift cards that enable access to products and services across physical and online stores that support them. The viability of gift cards can be attributed to their real-time value, which makes them a better option than regular gifts. This feature has also positioned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[48,50,47,51,49],"class_list":["post-116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gift-cards","tag-how-to-sell-your-gift-cards","tag-selling-gift-cards-online","tag-selling-your-gift-cards","tag-things-to-know-before-selling-your-gift-cards-in-nigeria","tag-where-to-sell-your-gift-card-in-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>3 Things to Know Before Selling Your Gift Cards in Nigeria - 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