How To Buy Binance Gift Card in 2024 – Step-by-Step Guide

The global gift card market continues to grow as more brands and businesses adopt gift cards. Binance, the world’s largest cryptocurrency exchange, also adopted the use of gift cards in 2023.

Binance gift cards have become a popular way to give digital currency as a gift or make convenient crypto transactions. The gift card allows you to send money using cryptocurrency, deposit or withdraw crypto, and participate in loyalty rewards on Binance. 

In this guide, I’ll walk you through the steps of buying a Binance gift card and explain everything you need to know to get started.

What are Binance Gift Cards?

Binance gift cards are digital cards that hold cryptocurrency value. These gift cards make it easy to send, sell, or receive crypto as a gift. They can be redeemed directly on the Binance platform or transferred to a Binance wallet. Additionally, they can be sent as a gift to others via email or text. 

These cards can come in different amounts of cryptocurrency like Bitcoin, Ethereum, or Binance Coin (BNB), and they offer a fast and secure way to manage digital assets. Binance gift cards are ideal for anyone looking to get into crypto or make quick, hassle-free transactions.

The great thing about Binance gift cards is that you don’t need to be a seasoned crypto user or trader to use them. Another benefit of using Binance gift cards is that the transactions are free of charge.

How to Buy Binance Gift Card

To buy a Binance gift card, you need a verified Binance account and funds in your Binance wallet. If you don’t have a Binance account, create one and get it verified. Then follow the steps below to create the gift card:

1. Sign in to your Binance account. 
2. On the homepage, navigate to the profile section by clicking the avatar icon at the top left corner. 
3. Select “Gift Card” from the list of options. Then choose the token or themed gift card you want to buy. 
4. On the next page, input the amount of crypto you want to load onto the gift card. Then select the wallet(s) you want the funds to come from. If you don’t have funds in the cryptocurrency of the gift card you want to buy, you can convert the currency you have. 
5. Next, review the details you have entered, click on the “Buy Now” button, and confirm the transaction. 
6. Enter the verification codes sent to your mobile number and email to verify the transaction. 
7. Once the transaction is verified, your order will be confirmed and you will receive your gift card. 

You can then keep the gift card to redeem later or send it to someone. 

How to Redeem Binance Gift Card

If you have a Binance gift card you want to redeem, these are the steps to follow:

1. Open your Binance app and log in to your account. 
2. Click the profile icon at the top left side of the homepage. 
3. Click “Gift Card” from the options and then click the “Redeem” button at the bottom of the next screen. 
4. Select your preferred option between “Redeem to crypto” and “Redeem to fiat”. 
5. If you selected “Redeem to crypto”, paste your redemption code into the box provided and click the “Confirm” button. The crypto will be added to your wallet. For fiat, paste the redemption code in and click “Next”. Then sell the card via P2P trading and the buyer will credit your bank account.

Frequently Asked Questions About Binance Gift Cards

1. How can I buy a gift card on Binance?

To buy a Binance gift card, sign in to your Binance account, navigate to the “Gift Card” section from your profile, and select the card you want. Enter the amount of crypto, review the details, and confirm the purchase. After verification, you will receive the gift card.

2. Is Binance gift card real?

Yes, Binance gift cards are real and allow you to send or receive cryptocurrency easily. These cards can be purchased directly through Binance. Also, they can be redeemed for crypto or fiat currency using a redemption code.

3. What is the limit on Binance gift cards?

The limit on Binance gift cards depends on the specific card you are purchasing and your Binance account status. However, the maximum amount you can load on any gift card is equivalent to $500. 

4. Can I trade any gift card on Binance?

No, only Binance gift cards issued within the platform can be redeemed or traded through Binance. Other gift cards like Amazon or Apple are not tradable on Binance. However, you can buy them from third-party retailers via Binance. 

5. What is the benefit of a Binance gift card?

Binance gift cards provide a convenient and secure way to send cryptocurrency as a gift. They offer flexibility in the type of crypto you can load, and they can be redeemed easily for crypto or fiat. Additionally, they allow fast transfers without needing the recipient’s wallet address. Moreover, the transactions are free of charge. 

Conclusion

Binance gift cards offer a simple and secure way to send or receive cryptocurrency. They are perfect for anyone, whether you’re new to crypto or an experienced trader. You can easily buy a Binance gift card by following the steps outlined, and redeeming it is just as straightforward, whether you convert it to crypto or fiat. 

If you have third-party gift cards like Amazon, Steam, or Apple gift cards you would like to trade, you can sell them on Nosh. Create your Nosh account now to enjoy high rates and get paid instantly.