The Complete 2025 Guide: How to Turn an Amazon Gift Card into Cryptocurrency

The Simple Answer

Let’s get right to the point. You cannot buy cryptocurrency directly with an Amazon gift card on popular platforms. Major cryptocurrency websites like Coinbase or Binance do not accept gift cards as payment. Amazon itself does not sell cryptocurrency, so looking for a coinbase amazon gift card option won’t work.

This confuses many people who want to start buying crypto using gift cards they already have. However, just because you can’t buy directly doesn’t mean it’s impossible. It just means you need to take extra steps. This guide shows you proven ways to safely turn your Amazon gift card’s value into cryptocurrencies like Bitcoin or Ethereum. We will explain the methods, costs, and important safety steps you must follow. The process requires using other websites, but with the right information, you can reach your goal.

Why Direct Conversion Doesn’t Work

Understanding why you can’t convert directly is the first step to finding a solution that works. The barriers exist for good reasons related to financial laws and business rules that control both gift card and cryptocurrency companies. Knowing the “why” helps you avoid common mistakes and scams.

The main issues fall into three categories:

• Following Government Rules: Cryptocurrency exchanges must follow strict Anti-Money Laundering (AML) and Know Your Customer (KYC) laws. These rules require them to verify who their users are and where their money comes from. Anonymous payment methods like gift cards are a major red flag for government agencies, since they can hide where money originally came from. Accepting them would put exchanges at serious legal and financial risk.

• Fraud and Security Problems: The gift card world has lots of fraud. Stolen card numbers and fake transactions are common. If an exchange accepted a gift card for crypto, the crypto transaction cannot be undone once the crypto is sent. However, the gift card transaction could later be disputed or found to be fraudulent, leaving the exchange with a complete loss. The risk is simply too high for them to take.

• Closed Business Systems: Amazon gift cards are a perfect example of a “closed-loop” payment system. They are designed to be used only within Amazon’s website to increase sales on their platform. Allowing these funds to easily move out into an external, decentralized financial system like crypto goes against their main business model. Similarly, the idea of how to buy amazon crypto is wrong; Amazon has not created its own public cryptocurrency.

The Person-to-Person Exchange Solution

The most common and proven method to convert an Amazon gift card to crypto is through a Person-to-Person (P2P) exchange. These platforms work like a marketplace where you aren’t buying from the exchange itself, but directly from another person. In this situation, you find a user who wants to buy an Amazon gift card and is willing to pay for it with their cryptocurrency.

Basically, you are not using your card to buy crypto with amazon gift card; instead, you sell amazon gift card for crypto. The P2P platform helps this trade by providing a way to communicate, make payments, and most importantly, security through a holding service. This is the main workaround that connects the Amazon system and the crypto world.

What are P2P Exchanges?

P2P platforms are marketplaces that connect buyers and sellers of cryptocurrency. Unlike traditional exchanges where you trade with the platform’s available trades, here you look at offers created by other users. For gift card trades, the process works like this: a crypto holder posts an offer to buy an Amazon gift card at a certain rate. You, the gift card holder, accept their offer.

The platform’s most important feature is its holding service. When you start a trade, the seller’s cryptocurrency is automatically moved from their wallet and held by the platform in a temporary, secure holding account. You then send your gift card information to the seller. Once they confirm they have received and successfully used the gift card, they tell the platform to release the crypto from the holding account into your wallet. This system protects both people: the buyer knows the crypto exists, and the seller doesn’t release their crypto until the payment is confirmed.

Good and Bad Points of P2P

This method offers a direct path but comes with significant trade-offs. It’s important to consider the advantages against the disadvantages before proceeding.

Popular P2P Platforms

While we don’t recommend any single platform, the most well-known names in the P2P space that have historically helped with gift card trades include Paxful and Noones. When choosing a platform, your main considerations should be its reputation, the strength of its holding service, and how quickly its customer support responds in case of an argument. Always do your own research before creating an account and putting in any funds or information.

Step-by-Step P2P Guide

This section provides a practical, step-by-step walkthrough of the process. To show how it works, we’ll use the example of converting a $100 Amazon e-gift card to Bitcoin. The interface and exact words may vary slightly between platforms, but the main principles and workflow are the same. This is where you can buy bitcoins with amazon gift card by finding a willing trading partner.

Step 1: Choose and Set Up Your Account

First, select a trustworthy P2P platform. Look for one with a long history of operation, positive user reviews, and a strong dispute resolution process. Create your account. Most platforms will require you to complete a KYC (Know Your Customer) verification process, which may involve submitting a photo of your ID and a selfie. While this may seem odd for a “person-to-person” service, it is a necessary security measure to follow regulations and reduce fraud.

Step 2: Find Relevant Offers

Once your account is verified, go to the trading section. You want to find users who are selling cryptocurrency. Your goal is to find offers where the seller accepts “Amazon Gift Card” as their desired payment method.

The search filters are your most important tool. You will typically set them as follows:
* Crypto to Buy: Bitcoin (BTC) or another desired crypto like USDT.
* Payment Method: Amazon Gift Card.
* Amount: The value of your gift card (e.g., $100).
* Location: Your country or “Worldwide.”

The platform will then show a list of vendors whose offers match what you’re looking for.

Step 3: Carefully Select a Vendor

Do not simply choose the offer with the best rate. The vendor’s reputation is the single most important factor for a safe trade. Spend time analyzing potential trading partners. Look for these key signs:
* Positive Feedback Score: A high percentage (98% or higher) of positive feedback.
* Trade Volume: A large number of completed trades (hundreds or thousands).
* Account Age and Verification: An older account with full verification is generally more trustworthy.
* Last Seen Online: Choose an active user who was online recently to ensure a quick trade.
A vendor with thousands of trades and a near-perfect feedback score is far less likely to risk their reputation by scamming you over a single gift card.

Step 4: Read the Offer Terms Carefully

This is the most important step. Before starting a trade, click on the offer and read the vendor’s terms and conditions carefully. Every vendor has specific rules. Common terms include:
* Card Type: “Physical cards only,” “E-codes accepted,” “Must be purchased with cash.”
* Receipts: “Photo of physical receipt required.”
* Amounts: “Only accepting cards of $50-$200.”
* Verification: “New users must provide ID.”
If you do not meet their terms exactly, do not open the trade. Proceeding without meeting the requirements is the fastest way to lose your funds in a dispute.

Step 5: Start the Trade

Once you’ve found a trustworthy vendor and have read and agreed to their terms, enter the amount of your gift card ($100 in our example) and click the button to start the trade. At this moment, the corresponding amount of the vendor’s Bitcoin is automatically locked in the platform’s holding service. You will see a confirmation that the funds are secured. Do not proceed until you see this confirmation.

Step 6: Follow Instructions and Upload Details

A chat window will open between you and the vendor. Greet them and wait for their instructions. They will typically ask you to upload your gift card information. This may involve typing out the e-code or uploading clear pictures of the physical card and receipt. Only provide this information within the official trade chat on the P2P platform. Never send it via email, Telegram, or any other external communication method.

Step 7: Mark as “Paid” and Wait

After you have sent the gift card information as instructed, you must click the “I have paid” or “Mark as Paid” button. This officially tells the vendor and the platform that you have completed your part of the deal. The vendor will then use the gift card code. This can take a few minutes. Be patient.

Step 8: Confirm Crypto Release

Once the vendor successfully uses the card, they will release the Bitcoin from the holding account. The platform will notify you, and the Bitcoin will appear in your P2P platform wallet. The trade is now complete. You have successfully converted your Amazon gift card to crypto. From here, you can keep the crypto in your platform wallet or, for better security, move it to a private wallet that you control.

The True Cost and Risks

While P2P trading provides a solution, it’s important to approach it with a clear understanding of its two major downsides: the financial cost and the security risk. This is not a 1:1 conversion; you are paying a big premium for the convenience and accessibility. Basic guides often skip over these details, but a realistic assessment is necessary to manage your expectations and protect your money.

Calculating the “Real” Rate

When you browse offers, you will immediately notice that you do not get a dollar’s worth of crypto for a dollar’s worth on a gift card. The rate is always lower. This difference is the premium the crypto seller charges for taking on the risk and hassle of dealing with gift cards.

It is common to lose between 15% and 40% of the gift card’s value in this exchange. For a $100 Amazon gift card, you should expect to receive only $60 to $85 worth of Bitcoin.

Here’s a sample calculation:
* Gift Card Value: $100
* Market Price of Bitcoin: $60,000
* Vendor’s Offered Rate: $0.75 on the dollar (a 25% premium)
* Your Effective Crypto Purchase: $100 * 0.75 = $75
* Amount of Bitcoin Received: $75 / $60,000 = 0.00125 BTC

You effectively paid a $25 fee to convert your card. This high cost is the price of an unregulated, high-risk payment method. Always calculate your “on-the-dollar” rate to understand the true cost before committing to a trade.

A Scammer’s Playground Checklist

The anonymity and inability to reverse these transactions make them a prime target for scammers. Your best defense is knowledge and strict following of safety rules. Use this checklist for every single trade.

• ✅ NEVER release gift card information outside the platform’s official trade chat. Scammers will try to get you to use Telegram or email to bypass the platform’s security and records. Refuse and report them.
• ✅ ALWAYS use the holding service. If a platform or user suggests a trade without an automated holding service, it is a scam. There are no exceptions to this rule.
• ✅ BEWARE of users asking you to cancel. A common scam is to get you to send the code, then ask you to cancel the trade, promising to send the crypto directly. They will take your code and disappear.
• ✅ DOCUMENT EVERYTHING. Before the trade, take clear screenshots or even a screen recording. Capture the gift card balance, the code itself, and the entire chat conversation with the vendor, including the moment you upload the code. This is your only evidence if a dispute arises.
• ✅ UNDERSTAND “Code Brokering.” Some vendors are “brokers” who quickly resell your code to a third party. A scamming broker can claim your code was already used by the time they tried it. To reduce this risk, some experienced traders record a continuous video showing the card’s balance, the process of revealing the code, and uploading it to the chat, all in one take. This provides undeniable proof.
• ✅ START SMALL. For your first few trades, use a small-value gift card ($25 or less) to understand the process and risk before committing a larger amount.

Exploring Other Options

While P2P trading is the most direct workaround, it’s not the only option. Depending on your priorities—be it cost, safety, or speed—one of the following alternatives might be a better fit for your situation. Exploring these paths shows a full understanding of the asset conversion landscape.

Option 1: Sell for Cash

Often, the safest and most cost-effective route is a two-step process. First, sell your Amazon gift card for cash on a dedicated gift card exchange marketplace. Websites like CardCash or Raise allow you to sell unwanted gift cards for a direct deposit to your bank account or a PayPal payment.

While you will still not get 100% of the card’s value—the discount is typically between 5% and 15%—this is significantly lower than the P2P crypto premium. Once the cash is in your bank account or PayPal, you can then use it to buy cryptocurrency on any major, reputable exchange like Coinbase, Kraken, or Binance.

This method is:
* Safer: You are dealing with established companies rather than anonymous individuals.
* More Cost-Effective: The fees are much lower.
* Simpler: The process is more straightforward and has fewer risks of disputes.

For most beginners, this is the highly recommended path.

Option 2: Using Amazon Pay

The keyword buy crypto with amazon pay suggests another potential avenue. Amazon Pay is a service that lets you use the payment methods stored in your Amazon account to pay for goods and services on third-party websites. However, direct integration with cryptocurrency exchanges is extremely rare due to the same regulatory and risk issues mentioned earlier.

You may find some smaller, less-regulated services that claim to accept Amazon Pay for crypto purchases. We advise extreme caution with this method. These platforms often carry very high fees and an increased risk of being fraudulent. It is not a common or recommended method for acquiring cryptocurrency.

The Reverse Transaction

To show a complete picture, it’s worth noting the reverse transaction: how to buy amazon gift cards with crypto. This is a much more common and straightforward process. Numerous services, such as Bitrefill, allow you to use your Bitcoin, Ethereum, or other cryptocurrencies to purchase digital gift cards for hundreds of retailers, including Amazon.

This is a popular way for crypto holders to “cash out” their digital assets into real-world spending power without going through a bank. If your goal is simply to spend your crypto on Amazon, this is the direct way to do it. This also addresses the query buy amazon gift card with crypto, which is a well-supported use case in the crypto economy.

Your Best Path Forward

Converting from an Amazon gift card to crypto requires workarounds, not direct paths. The solution exists, but it demands caution, careful attention, and a clear understanding of the costs involved.

Let’s summarize the most important takeaways from this guide to help you decide on your best course of action.

• Direct conversion of an amazon card to crypto is not possible on any major exchange or on Amazon’s platform itself.
• Person-to-Person (P2P) exchanges are the primary workaround, allowing you to sell your gift card to another user for crypto. However, this method carries high costs (expect to lose 15-40% of the card’s value) and significant security risks.
• If you choose the P2P route, your safety depends entirely on your careful attention. Always use a holding service, thoroughly check your trading partner’s reputation, and document every step of the transaction.
• For most individuals, especially those new to crypto, a safer and more financially sound strategy is to first sell the gift card for cash on a reputable marketplace and then use that cash to purchase crypto on a regulated exchange.

Ultimately, the choice is yours. By understanding the mechanisms, risks, and alternatives, you are now equipped to make an informed decision. Put your financial safety above all else, and proceed with caution.