4 mins read Gift Card Trading

Where To Get The Highest Gift Card Rates in Nigeria 

If you are anything like me, you will want the best things, especially when it involves money. Money is very hard to come by, so when I decide to spend it, I want to make sure I’m getting as much value as possible from it. This is the same ideology I have with my gift cards. I am only happy and satisfied when I know I’m selling them at the highest rate possible. 

In this article, I will show you how and where to get the highest gift card rates in Nigeria so you can also maximize your gift card value like me. You are welcome!

Understanding Gift Card Rates

Gift card rates refer to the exchange value platforms offer when converting gift cards into cash. These rates can vary significantly depending on several factors.

Factors Affecting Gift Card Rates

Several factors influence gift card rates, including Market Demand, the Platform You Sell On, and the Card Balance.

1. Market Demand: Simple economics: the higher the demand for a gift card, the higher the gift card rate is, and vice versa. For example, if the demand for Apple gift cards is high, you will get a favorable rate when you sell your Apple gift card.

2. The Gift Card Exchange Platform: The gift card exchange platform goes a long way in determining your gift card rate. Some platforms offer better rates than others. For example, if you sell your gift card on a customer-inclined platform like Cardtonic, you will get the best rates in the country.

3. Card Balance: The balance on a gift card and its denominated currency can also affect its exchange rate. Higher balances and certain currencies may fetch better rates. Such as Pounds, Euros and Dollars.

Top Platforms for High Gift Card Rates in Nigeria

Nigeria’s top 3 platforms for high gift card rates are Cardtonic, Paxful, and Cardnosh.

1. Cardtonic:

An image of the Cardtonic app,

Cardtonic is a state-of-the-art gift card exchange platform where users can sell over 200 gift card brands at the best rates in the country, such as Apple, Steam, Nordstrom, Razer, Xbox, etc. Cardtonic is a trusted platform well-known for fast transactions and quick payout times. As of July 16, 2024, Cardtonic remains the best platform to get the highest rates in Nigeria.

2. Paxful: Paxful is a leading peer-to-peer cryptocurrency and gift card marketplace. Users can buy and sell their gift cards and cryptocurrencies at reasonable rates.

3. Cardnosh: Cardnosh is a Nigerian-based gift card exchange platform that offers competitive rates for buying and selling gift cards. This is another platform that offers fair rates for gift card sales.

Tips for Maximizing Gift Card Rates

While choosing the right platform is essential for getting the highest gift card rates in Nigeria, there are several tips to maximize your returns. Which are; Compare rates, check market trends, and verify the platform’s reputation.

1. Compare Rates: Like any other market, the best way to know the rate of a gift card is by comparing rates offered by different platforms. This way, you are sure you are getting the best deal.

2. Follow The Market Trends: Staying updated on what’s happening in the market is critical. For example, the demand for an Apple gift card is usually high. However, this demand will further increase when Apple releases a new iPhone, iPad, or iwatch. This is because people will be looking for ways to purchase these devices at a cheaper price. Selling your Apple gift card during this period will definitely fetch more cash.

3. Verify Platform Reputation: Choose reputable and trustworthy platforms with positive reviews and a track record of reliable service. The best way to do this is to Google the platform and check its social media accounts and app store reviews.

Frequently Asked Questions About Getting The Highest Gift Card Rate in Nigeria 

1. Which Gift Card Exchange App Has The Highest Rates in Nigeria? 

An image of a man on the Cardtonic shirt.

Cardtonic is the number 1 gift card exchange platform in Nigeria, which offers the best gift card rates in the country. 

2. Which Gift Card Has The Highest Rate in Nigeria?

Although rates fluctuate, the gift card with the highest rate in Nigeria is the USA Razer Gold Gift Card. This digital asset currently has an estimated rate of 1000 – 1500/$1. 

3. How Much is A $50 Steam Gift Card To Naira?

The $50 Steam gift card is worth about 50,000 – 70,000 Naira.

4. How Much is The Rate of a Steam Gift Card?

Steam gift card rates vary. The demand and exact type of Steam gift card are key determinants in figuring out your Steam rate. The best way to know exactly how much your card is worth is to use our rate calculator feature.

5. How Can I Check My Gift Card Rates in Nigeria?

Simple! All you need is a rate calculator on a trusted gift card exchange platform, and then you input the details of your gift card. You can read this article for more information. 

Conclusion

In conclusion, you can maximize your gift card returns by choosing the right platform and following the tips outlined in this article. 

Cardtonic stands out as a trusted and reliable choice for users in Nigeria. With our user-inclined rates, fast payouts, and exceptional customer service, we offer a superior trading experience that prioritizes 100% user satisfaction.

 

img

Download The App

Experience the best of Cardtonic on your phone or tablet. Available for iOS and Android operating systems.