The Best Online Platforms for Converting $100 Gift Cards to Naira

Tips for Selling & Buying Gift Card

Selling Gift Card can be tough at first, so we’ve prepared a guide to get you started and help you complete a trade on YormeHut.

The minimum trade amount on YormeHut

If you’re selling a Gift Card, the current minimum is 1 USD or its equivalent in other currencies. If you’re selling, then the minimum is 1 USD.

The buyer’s reputation and activity

A buyer’s reputation is displayed with a blue thumb. This is the total of all of the positive feedback the buyer has received.

Clicking on the Buyer’s name will show their full profile, where you can see how much negative feedback they’ve received in addition to the positive. You can also see their location, all of their active offers, and other important information about them.

Pay attention to each type of feedbackpositive and negative.

For example, despite having more than 10,000 positive feedback scores and 1,000 negative feedback scores, you should still be cautious about such a user. Pay attention to the percentage of negative feedback in relation to the negative and positive ones. Also, do not forget to check for how long a user has been present on our platform.

It is also much better if the seller is ID-verified. This means that we have checked his documents and background.
Additionally, check when the seller was online on YormeHut. This will help to make sure that you will have a quick trade without any delays from the seller’s side.

YormeHut User Feed

Always read the terms of the offer and the buyer's instructions before you start a trade.

Buyers should mention what they expect and what you will need to provide.

For example, for gift cards, many Buyer require a receipt showing that the gift card was bought legally and also establishing that you are indeed the owner of the gift cards. If this information is requested and you cannot provide it, then it is better not to proceed with the trade.

If you can meet all the requirements, then make sure you have everything ready before you start the trade.

Be aware of the price.

The Offer price on YormeHut is never equal to its market rate, as buyers charge a fee to convert traditional currency.

The price of the fee varies among sellers and depends on who you buy from. So be on the lookout for the best deals. The offer page always includes the rate for each seller. What should interest you the most is how much you get per dollar.

The higher the number, the more profitable the trade will be for you.

YormeHut Offer rate1

Click the Confirm button only when you have actually paid.

Once you’ve clicked the Confirm button and Upload Screenshot, the countdown timer stops, and the trade can no longer expire.

This is important because if you send the buyer the payment information, such as a gift card code, and the offer expires, then the escrow is released.

The Confirm button also provides security from dishonest or forgetful sellers. If you click the Confirm button and you haven’t paid, the seller might think you’re a coin-locker or someone trying to scam them. Be sure to click the button only once you’ve paid to prevent complications.

Don't cancel the trade after you've already send card.

We know that problems sometimes arise during trades, but it’s important to never cancel the trade after you’ve already paid the seller. 

If you’ve paid but something has gone wrong, you can start a dispute! Beginning a dispute brings a YormeHut Moderator in to help with the situation. If you cancel the trade, Moderators aren’t able to help, and getting a resolution will take longer.

Brokering gift card codes is strictly prohibited on YormeHut.

Brokering is when you buy a gift card code from someone, thinking you can sell it later to someone else. 

Even if you checked the code when you bought it, the person who sold you the code can use it anytime without your knowledge, and this is why it is against the YormeHut Terms of Service

If you keep trying to give Buyer used codes, you will be reported and banned from trading on YormeHut as it is not only a waste of your own time but also that of others. Remember to only use gift cards you have bought yourself.

Using third parties to make payments is not encouraged

You must be the actual payer and the original owner of the submitted payment (Owner of the gift card, credit card, bank account, or account on an online payment platform). Being a middleman in paying for the cryptocurrency is not allowed and can be considered a scam.

Always trade for the whole amount of the gift card

If you have a $50 gift card, then you can’t trade it for a fraction of that (e.g., Asking someone to take only $33 out of your $50).

Note that the Buyer can only take the whole amount, so if you start an order for $33 and he takes $50, Seller’s range may not meet that amount, or the seller may take down their offers or go offline.

Never ask the Buyer to Pay first.

This is grounds for an instant ban as it indicates a scam. We have a trade escrow service, so you know the cash is there and waiting for you once you complete the payment.

Be polite to sellers & Buyers.

They go through a lot of tough customers, and being polite can save you a lot of time. Being polite is about a lot more than your language; it’s about following their instructions as well. Note that if there is a dispute, the moderator will take language into account.

Also, remember that any price negotiation is strictly forbidden. If you do not like the offer, do not insist on changing the price in the same trade. Just start a new trade with new values to avoid any disputes or misunderstandings with the seller.

If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.

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