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.
By Modupe Gbadeyanka
The federal government, the 36 states of the federation and the 774 local government areas have received N1.727 trillion from the Federal Accounts Allocation Committee (FAAC) for December 2024.
The funds were disbursed to the three tiers of government from the revenue generated by the nation in November 2024.
At the December meeting of FAAC held in Abuja, it was stated that the amount distributed comprised distributable statutory revenue of N455.354 billion, distributable Value Added Tax (VAT) revenue of N585.700 billion, Electronic Money Transfer Levy (EMTL) revenue of N15.046 billion and Exchange Difference revenue of N671.392 billion.
According to a statement signed on Friday by the Director of Press and Public Relations for FAAC, Mr Bawa Mokwa, the money generated last month was about N3.143 trillion, with N103.307 billion used for cost of collection and N1.312 trillion for transfers, interventions and refunds.
It was disclosed that gross statutory revenue of N1.827 trillion was received compared with the N1.336 trillion recorded a month earlier.
The statement said gross revenue of N628.972 billion was available from VAT versus N668.291 billion in the preceding month.
The organisation stated that last month, oil and gas royalty and CET levies recorded significant increases, while excise duty, VAT, import duty, Petroleum Profit Tax (PPT), Companies Income Tax (CIT) and EMTL decreased considerably.
As for the sharing, FAAC disclosed that from the N1.727 trillion, the central government got N581.856 billion, the states received N549.792 billion, the councils took N402.553 billion, while the benefiting states got N193.291 billion as 13 per cent derivation revenue.
From the N585.700 billion VAT earnings, the national government got N87.855 billion, the states received N292.850 billion and the local councils were given N204.995 billion.
Also, from the N455.354 billion distributable statutory revenue, the federal government was given N175.690 billion, the states got N89.113 billion, the local governments had N68.702 billion, and the benefiting states received N121.849 billion as 13 per cent derivation revenue.
In addition, from the N15.046 billion EMTL revenue, FAAC shared N2.257 billion to the federal government, disbursed N7.523 billion to the states and transferred N5.266 billion to the local councils.
Further, from the N671.392 billion Exchange Difference earnings, it gave central government N316.054 billion, the states N160.306 billion, the local government areas N123.590 billion, and the oil-producing states N71.442 billion as 13 per cent derivation revenue.
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.65 per cent gain on Friday, December 13, boosted by three equities admitted on the trading platform.
On the last trading session of the week, Okitipupa Plc appreciated by N2.70 to settle at N29.74 per share versus Thursday’s closing price of N27.04 per share, FrieslandCampina Wamco Nigeria Plc added N2.49 to end the session at N42.85 per unit compared with the previous day’s N40.36 per unit, and Afriland Properties Plc gained 50 Kobo to close at N16.30 per share, in contrast to the preceding session’s N15.80 per share.
Consequently, the market capitalisation added N6.89 billion to settle at N1.062 trillion compared with the preceding day’s N1.055 trillion and the NASD Unlisted Security Index (NSI) gained 19.66 points to wrap the session at 3,032.16 points compared with 3,012.50 points recorded in the previous session.
Yesterday, the volume of securities traded by investors increased by 171.6 per cent to 1.2 million units from the 447,905 units recorded a day earlier, but the value of shares traded by the market participants declined by 19.3 per cent to N2.4 million from the N3.02 million achieved a day earlier, and the number of deals went down by 14.3 per cent to 18 deals from 21 deals.
At the close of business, Geo-Fluids Plc was the most active stock by volume on a year-to-date basis with a turnover of 1.7 billion units worth N3.9 billion, followed by Okitipupa Plc with the sale of 752.2 million units valued at N7.8 billion, and Afriland Properties Plc with 297.3 million units sold for N5.3 million.
In the same vein, Aradel Holdings Plc remained the most active stock by value on a year-to-date basis with the sale of 108.7 million units for N89.2 billion, trailed by Okitipupa Plc with 752.2 million units valued at N7.8 billion, and Afriland Properties Plc with a turnover of 297.3 million units worth N5.3 billion.
By Adedapo Adesanya
The Naira appreciated further against the United States Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by N1.50 or 0.09 per cent to close at N1,533.00/$1 on Friday, December 13 versus the N1,534.50/$1 it was transacted on Thursday.
The local currency has continued to benefit from the Electronic Foreign Exchange Matching System (EFEMS) introduced by the Central Bank of Nigeria (CBN) this month.
The implementation of the forex system comes with diverse implications for all segments of the financial markets that deal with FX, including the rebound in the value of the Naira across markets.
The system instantly reflects data on all FX transactions conducted in the interbank market and approved by the CBN.
Market analysts say the publication of real-time prices and buy-sell orders data from this system has lent support to the Naira in the official market and tackled speculation.
In the official market yesterday, the domestic currency improved its value against the Pound Sterling by N12.58 to wrap the session at N1,942.19/£1 compared with the previous day’s N1,954.77/£1 and against the Euro, it gained N2.44 to close at N1,612.85/€1 versus Thursday’s closing price of N1,610.41/€1.
At the black market, the Nigerian Naira appreciated against the greenback on Friday by N30 to sell for N1,650/$1 compared with the preceding session’s value of N1,680/$1.
Meanwhile, the cryptocurrency market was largely positive as investors banked on recent signals, including fresh support from US President-elect, Mr Donald Trump, as well as interest rate cuts by the European Central Bank (ECB).
Ripple (XRP) added 7.3 per cent to sell at $2.49, Binance Coin (BNB) rose by 3.5 per cent to $728.28, Cardano (ADA) expanded by 2.4 per cent to trade at $1.11, Litecoin (LTC) increased by 2.3 per cent to $122.56, Bitcoin (BTC) gained 1.9 per cent to settle at $101,766.17, Dogecoin (DOGE) jumped by 1.2 per cent to $0.4064, Solana (SOL) soared by 0.7 per cent to $226.15 and Ethereum (ETH) advanced by 0.6 per cent to $3,925.35, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) remained unchanged at $1.00 each.
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