Can I use an H&M gift card to purchase cryptocurrencies on popular exchanges?

5 answers

• Mario N Angelica VillarAug 07, 2020 · 6 years ago
  Unfortunately, popular cryptocurrency exchanges like Binance and BYDFi do not accept H&M gift cards as a form of payment. These exchanges typically only accept traditional payment methods such as credit/debit cards, bank transfers, or cryptocurrency deposits. If you want to purchase cryptocurrencies, you will need to use one of the accepted payment methods on these exchanges.
  378

  189
• Michael KalogeropoulosOct 10, 2025 · 8 months ago
  No, you cannot directly use an H&M gift card to buy cryptocurrencies on popular exchanges. These exchanges have specific payment methods in place, and gift cards are not one of them. However, you can consider selling your H&M gift card for cash and then use that cash to buy cryptocurrencies on the exchange of your choice.
  323

  108
• Pierre KevinJun 19, 2022 · 4 years ago
  While popular exchanges like Binance and BYDFi do not directly accept H&M gift cards, there are alternative ways to convert your gift card into cryptocurrencies. One option is to use a gift card exchange platform that allows you to sell your H&M gift card for Bitcoin or other cryptocurrencies. Once you have the cryptocurrencies, you can transfer them to your preferred exchange and start trading.
  398

  100
• Addy SteveFeb 06, 2024 · 2 years ago
  As an expert in the cryptocurrency industry, I can confirm that H&M gift cards cannot be used to purchase cryptocurrencies on popular exchanges like Binance or BYDFi. These exchanges only accept specific payment methods, and gift cards are not one of them. However, you can explore other platforms or peer-to-peer exchanges that may accept gift cards as a form of payment for cryptocurrencies.
  393

  79
• Rodgers McmahonMay 15, 2022 · 4 years ago
  BYDFi, a popular cryptocurrency exchange, does not currently support H&M gift cards as a payment method. However, there are other exchanges that may accept gift cards as a form of payment. It's important to research and find a reputable exchange that offers this option. Keep in mind that using gift cards for cryptocurrency purchases may come with additional fees or limitations compared to traditional payment methods.
  420

  70