Blog/Crypto

What is a gift card, and why trade it for crypto?

If you got a gift card you're not going to use, trading it for crypto is simpler than it sounds.

Crypto · 3 min read · August 7, 2026

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A gift card is a prepaid code to spend at a specific store or platform — Amazon, Google Play, Steam, and many more. The problem is when you're gifted one from a store you don't use, or you have leftover balance you're never going to spend: that's where it makes sense to trade it for something you actually can use anywhere.

Why crypto instead of straight cash

Converting your gift card into wallet balance (and from there into crypto if you want) gives you flexibility: you can withdraw it, use it to buy another discounted gift card, or just leave it there until you need it. You're not relying on the original store accepting a return, or on selling it yourself to a stranger.

The process is verified at every step

Unlike selling a gift card on your own in a group or an informal marketplace, on Giftnovo every trade goes through a chat where the buyer confirms the code before releasing payment — so neither side is left waiting, unsure whether the other will follow through.

If you've got a gift card lying around, check the list of brands we accept and see what rate you're offered before deciding.