Economy
Two Best Gift Cards Trading Apps In 2021
Gift cards are prepaid stored-value money cards distributed by firms such as Amazon, Google, and Apple, among others, to be used as a cash substitute when purchasing Amazon products and a variety of other items.
They are frequently presented as a reward or a gift for outstanding performance. Additionally, when retailers and marketers run a campaign for any of their items, they use them as a reward system.
Gift cards can be traded and redeemed. And currently, there are different trading apps where you can trade gift cards.
Suppose you got a gift card for trading in your old device, but you cannot redeem it in your region. The best way forward is to sell it for cash. On Apexpay, you can trade more than 25 different brands of gift cards with many categories and countries.
This article makes a review of the two best gift cards trading apps that are legit.
What are the Two Best Gift Cards Trading Platforms in Nigeria?
The two best trading apps where you can sell different types of gift cards include:
Let’s review each of them:
What to Know About Apexpay
Apexpay is a gift card trading platform where you can sell your gift cards at the highest possible rate.
Apexpay is Nigeria’s leading gift card exchanger meeting the needs of over 300,000 customers with top-notch trading experience.
How to Download Apexpay
To download the apexpay app, Click on the link below
Website: Apexpay.org
For support, call/Whatsapp +234 70 5837 2518
What are the Features of Apexpay?
Since its inception, Apexpay has helped over Fifty thousand customers and has completed over 7000 trades. Over the years, Apexpay has indeed proven to be among the best gift card trading platform due to its distinct features which include:
- Sell Gift Cards
On Apexpay, you can trade more than 25 different brands of gift cards with many categories and countries. To sell gift cards follow the steps below:
To start selling your gift cards on Apexpay, Quickly download the app using the link above
- Register and Login
- Click on “Sell Gift card”
- Select the gift card you want to sell and upload your card
- Wait for 5 minutes for the card to be confirmed
- Check your Wallet for your money
- Add your bank account to withdraw your money
- 100% Security
The trading platform ensures that customers trade their digital assets safely without ripping, delay, or any form of fraud.
- High Rates Menu
Another interesting feature is its high rate menu. Apexpay gives a high rate on the top 20 gift cards they buy.
- Maximum Customer Satisfaction
Apexpay provides a conducive and accommodating system where all customers get equal treatment. They also get the best trading experience that is rare to be offered by other gift card trading apps.
- Quick Payment System
Also, the app has a fast payment system that can make your payment process easier and faster. With this, you get paid immediately your gift card is redeemed. In less than a minute, you’ll get the money in your account unless there are issues with the bank network.
- 24/7 Customer Support
Apexpay agents work round the clock to serve their customers. So even at odd hours, they’re available to trade with you.
- Send and Request System
On this platform, you can send and request money from other Apexpay users once you’re a user.
- Referral Bonus
Furthermore, you’ll gain referral bonuses. For instance, you can earn 200 naira on every referral that trades at least 5,000 naira worth of gift cards.
What can I Do on Apexpay?
You can actually do a lot using Apexpay app. Some of them include:
You can sell:
- iTunes gift card for Naira
- $100 apple e-code for naira
- $50 Nordstrom gift cards
- $100 Visa gift card for Naira
- $25 Google play for cash
- $200 Google Play for Naira
- $100 Walmart Visa gift card
- $500 Walmart Visa gift card, sell Google play gift card at a high rate.
You can also convert:
- Amazon gift cards to cash
- Footlocker gift card
- And $20 steam gift card to naira
- Exchange $100 Google play for naira
- Also, you can know how much a $200 google play card in naira is today.
To get started, simply click on the Start Trading button and you’ll be taken to a chat with Apexpay Agent where you can ask for a rate and trade your gift cards instantly.
About GiftCardsToNaira
GiftCardsToNaira is a recognized gift card trading company founded in 2017 with the goal of giving individuals in Nigeria and Ghana a world-class trading experience. The company’s processes and policies are built on the pillars of integrity, dedication, and excellence.
It is, however, the second-best gift card trading platform in Nigeria(just below Apexpay) serving as a reliable app to redeem, sell or trade gift cards for instant cash (Nigeria Naira or Ghanaian Cedis). Thus far, this platform has made trading gift cards which have never been easier because it was built with maximum security and legitimacy.
How to Download Giftcardstonaira
To download Giftcardstonaira, Click Here
For support, call/Whatsapp +234 70 5837 251
What Gift Cards Can You Sell on GiftCardsToNaira
Below are some of the gift cards you can trade on GiftCardstonaira:
- Steam Gift Card
- Amazon Gift card
- Razor Blade Gift Card
- eBay Gift Card
- iTunes Gift Card
- Google Gift Card
- Visa Gift Card
- Sephora Gift Card
- Nordstrom Gift Card
- Nike Gift Card
- Walmart Gift Card
- Offgamers Gift Card
- Nike Gift Card
- BestBuy Gift Card
- Home Depot Gift Card
- Apple Store Gift Card
- Macy Gift Card
- Vanilla Gift Card
- Target Gift Card
What are the Features of GiftCardsToNaira
Some of the distinguishing features that make GiftCardsToNaira to be known as one of the best gift card trading apps include:
- It has High Rate
Giftcardstonaira has always been the highest-paying gift card trading platform in Nigeria and Ghana. There is no other trading platform that even comes close.
This trading app takes things a step further by allowing users to earn various presents while trading on the platform.
- High Security
Giftcardstonaira keeps your information safe and secure. This means you won’t have to worry about cashing out your money after each deal.
After each trade, you can effortlessly withdraw your funds from the app, and they will be deposited directly into your bank account. No one else will be able to access your account if you use two-factor authentication.
- Outstanding Customer Service
Since its inception, it has received positive feedback from customers because they prioritize the demands of their customers. Note, you can contact them via Facebook, Instagram, Twitter, Whatsapp, Giftcardstonaira app, and other social media platforms.
- Different Gift Cards Can Be Redeemed
On Giftcardstonaira, you may get practically any popular gift card redeemed. iTunes, Steam, Google, Visa, Amazon, Sephora Nordstrom, Nike, Walmart, Nike, Amex, OffGamers, eBay, Best-Buy, Apple Store, Macy, Vanilla, Target, and others accept gift cards.
- Payouts and withdrawals are made quickly.
Fast payouts have always been the hallmark of Giftcardstonaira. After your card has been verified, you will be paid into your wallet in less than 5 minutes. You can get the money into your bank account as soon as possible.
How to Get Started
- Register and Login.
- To add your bank details, go to “wallet” and select “add new account.”
- To submit your card, go to “Dashboard” and click “Sell Giftcard.”
- Wait for the card to be confirmed in 5 minutes or less. Once you are confirmed, your account will be credited.
- Look through your wallet to see whether you have any cash.
- Make a deposit into your bank account.
If you haven’t already done so, register on the giftcardstonaira app first, but if you have, click on login to begin trading right away. Quickly select the wallet button and enter your bank account information. To add your bank account information, go to Add New Account.
Click the dashboard at the bottom of the screen to begin selling your gift card. You’ll find a “Sell Giftcard” button on the dashboard, and you can choose the sort of Gift card you want to sell from the numerous options accessible on the app.
Choose a gift card, enter the amount, and upload the image of the gift card. When you’re finished, click submit trade and wait for the card to be confirmed, which should take 2 to 5 minutes. After about 2 minutes, click on your wallet and withdraw your money into your bank account.
Conclusion
In conclusion, you can start trading your gift cards on any of these two gift cards trading apps today.
Economy
Food Concepts Return NASD OTC Exchange to Danger Zone
By Adedapo Adesanya
Food Concepts Plc neutralized the gains recorded by three securities, returning the NASD Over-the-Counter (OTC) Securities Exchange into the negative territory with a 0.27 per cent loss on Thursday, December 4.
Yesterday, the share price of the parent company of Chicken Republic and PieXpress declined by 34 Kobo to sell at N3.15 per unit compared with the previous day’s N3.49 per unit.
This shrank the market capitalisation of the OTC bourse by N5.72 billion to N2.136 billion from N2.142 trillion and weakened the NASD Unlisted Security Index (NSI) by 9.57 points to 3,571.53 points from 3,581.10 points.
Business Post reports that Central Securities Clearing System (CSCS) Plc went down by 50 Kobo to N38.50 per share from N38.00 per share, FrieslandCampina Wamco Nigeria Plc gained 29 Kobo to sell at N55.79 per unit versus N55.50 per unit, and Geo-Fluids Plc added 5 Kobo to close at N4.60 per share compared with Wednesday’s closing price of N4.55 per share.
Trading data indicated that the volume of securities recorded at the session surged by 6,885.3 per cent to 4.3 million units from the 61,570 units posted a day earlier, the value of securities increased by 10,301.7 per cent to N947.2 million from N3.3 million, and the number of deals went up by 146.7 per cent to 37 deals from the 15 deals achieved in the previous trading session.
At the close of business, Infrastructure Credit Guarantee Company (InfraCredit) Plc was the most traded stock by value on a year-to-date basis with the sale of 5.8 billion units for N16.4 billion, trailed by Okitipupa Plc with 170.4 million units worth N8.0 billion, and Air Liquide Plc with 507.5 million units valued at N4.2 billion.
InfraCredit Plc also finished the session as the most traded stock by volume on a year-to-date basis with 5.8 billion units transacted for N16.4 billion, followed by Industrial and General Insurance (IGI) Plc with 1.2 billion units sold for N420.2 million, and Impresit Bakolori Plc with 536.9 million units traded for N524.9 million.
Economy
Investors Gain N97bn from Local Equity Market
By Dipo Olowookere
The upward trend witnessed at the Nigerian Exchange (NGX) Limited in recent sessions continued on Thursday as it further improved by 0.10 per cent.
This was despite investor sentiment turning bearish after the local equity market ended with 23 price gainers and 28 price gainers, indicating a negative market breadth index.
UAC Nigeria gained 10.00 per cent to finish at N88.00, Morison Industries appreciated by 9.94 per cent to N3.54, Ecobank rose by 8.53 per cent to N36.90, and Coronation Insurance grew by 8.47 per cent to N2.56.
On the flip side, Ellah Lakes depreciated by 10.00 per cent to N13.14, Eunisell Nigeria also shed 10.00 per cent to finish at N72.90, Transcorp Hotels slipped by 9.95 per cent to N157.50, Omatek shrank by 9.23 per cent to N1.18, and Guinea Insurance dipped by 8.46 per cent to N1.19.
Yesterday, the All-Share Index (ASI) went up by 152.28 points to 145,476.15 points from 145,323.87 points and the market capitalisation chalked up N97 billion to finish at N92.726 trillion compared with the previous day’s N92.629 trillion.
Customs Street was bubbling with activities on Thursday, though the trading volume and value slightly went down, according to data.
A total of 1.9 billion stocks worth N19.2 billion exchanged hands in 23,369 deals during the session versus the N2.3 billion valued at N21.0 billion traded in 21,513 deals a day earlier.
This showed that the number of deals increased by 8.63 per cent, the volume of transactions depleted by 17.39 per cent, and the value of trades decreased by 8.57 per cent.
For another trading day, eTranzact led the activity chart with 1.6 billion units sold for N6.4 billion, Fidelity Bank traded 31.0 million units worth N589.3 million, GTCO exchanged 28.3 million units valued at N2.5 billion, Zenith Bank transacted 27.1 million units for N1.6 billion, and Ecobank traded 21.9 million units worth N744.3 million.
Economy
Naira Loses 18 Kobo Against Dollar at Official Market, N5 at Black Market
By Adedapo Adesanya
The Naira marginally depreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, December 4 amid renewed forex pressure associated with December.
At the official market yesterday, the Nigerian currency lost 0.01 per cent or 18 Kobo against the Dollar to close at N1,447.83/$1 compared with the previous day’s N1,447.65/$1.
It was not a different scenario with the local currency in the same market segment against the Pound Sterling as it further shed N15.43 to sell for N1,930.97/£1 versus Wednesday’s closing price of N1,925.08/£1 and declined against the Euro by 20 Kobo to finish at N1,688.74/€1 compared with the preceding session’s N1,688.54/€1.
Similarly, the Nigerian Naira lost N5 against the greenback in the black market to quote at N1,465/$1 compared with the previous day’s value of N1,460/$1 but closed flat against the Dollar at the GTBank FX counter at N1,453/$1.
Fluctuations in trading range is expected to continue during the festive season as traders expect the Nigerian currency to be stable, supported by intervention s by to the Central Bank of Nigeria (CBN)in the face of steady dollar demand.
Support is also expected in coming weeks as seasonal activities, particularly the stylised “Detty December” festivities, will see inflows that will give the Naira a boost after it depreciated mildly last month, according to a new report.
“As the festive Detty December season intensifies, inbound travel, tourism spending, and diaspora inflows are expected to provide moderate support for FX liquidity,” analysts at the research unit of FMDA said in its latest monthly report for November.
Traders cited by Reuters expect that the Naira will trade within a band of N1,443-N1,450 next week, buoyed by improved FX interventions by the apex bank.
Meanwhile, the crypto market was down as the US Federal Reserve’s preferred inflation gauge, core PCE, likely rose in September—moving in the wrong direction. However, volatility indices show no signs of major turbulence.
If the actual figure matches estimates, it would mark 55 straight months of inflation above the US central bank’s 2 per cent target. The sticky inflation would strengthen the hawkish policymakers, who are in favour of slower rate cuts.
Ripple (XRP) depreciated by 4.5 per cent to $2.08, Solana (SOL) went down by 3.8 per cent to $138.11, Litecoin (LTC) shrank by 3.1 per cent to $83.23, Dogecoin (DOGE) slid by 2.5 per cent to $0.1463, Cardano (ADA) declined by 2.1 per cent to $0.4368, Bitcoin (BTC) fell by 0.9 per cent to $91,975.45, Binance Coin (BNB) crumbled by 0.9 per cent to $899.41, and Ethereum (ETH) dropped by 0.7 per cent to $3,156.44, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) closed flat at $1.00 apiece.
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