Key Points
- Buying Steam Gift Cards with crypto enables a higher level of cross-border access to goods and services.
- Users can now enjoy what they couldn’t buy with their traditional currencies.
- Solana and the Solana network are one of the most popular cryptocurrencies used for such transactions.
Steam is a popular online gaming platform where you can buy games, their accessories, and much more. With their increasing popularity, Steam has introduced several marketing products. Chief among these are “Steam Gift Cards”.
Steam Gift Cards are a great way to gift your loved ones, friends, or family. These cards come in both digital and retail formats. The retail format gift cards add a more personal appeal and can be bought from stores that supply Steam products.
The Digital Steam Gift Cards are an easier way to send a gift as they can be purchased online via the Steam platform or through various websites like Bitrefill, Coinsbee, etc. Often, third-party websites like Bitrefill have a crypto payment method integrated into their website for easier cross-border payments. You can use an array of cryptocurrencies to pay for your gift cards on these third-party websites.
Common Crypto Assets Used For Purchasing Steam Gift Cards
Even though most third-party websites that supply digital Steam Gift Cards accept various cryptocurrencies, the top currencies that are used in most of the transactions come down to three major coins: Bitcoin, Ethereum, and Solana.
Out of the three coins, Solana is the most popular coin used for online purchases as it is processed faster and with a lower transaction fee.
While purchasing with cryptocurrencies, it is important to note the transaction fee and the transaction time. Most third-party websites have a transaction time limit, and you must pay within the time specified.
For ease of conversion, most people resort to stablecoins that are tethered to real-world assets like USDT. In such cases, it is the network that then becomes the choice. When choosing USDT, the denomination issue is resolved easily; most of the USD purchases are then simply added with a platform fee and displayed as the amount of USDT that is to be spent.
Within the USDT asset, there are multiple choices for networks. You can choose whichever network suits your application and can pay the price.
On some third-party websites like Bitrefill, there is an additional option for Bitcoin payments. This is called Bitcoin Lightning. Unlike traditional Bitcoin transactions, Bitcoin Lightning is ultra-fast with very low fees.
Buying Steam Gift Cards With Cryptocurrencies
The flexibility to buy Steam Gift Cards using cryptocurrency is a great help to many who would like to spend their cryptocurrency for day-to-day purchases. However, not many stores or online services allow cryptocurrencies to be spent in exchange for Steam Gift Cards.
It is here that certain third-party websites or stores come into play. They accept crypto payments in exchange for Steam Gift Cards and much more.
To buy a Steam Gift Card, follow the steps below.
- Navigate to the website or online store that provides the service.
- Choose gaming services from the multiple services offered there. Alternatively, if the website or online store has a search function, you can make use of it as well.
- Once you locate the Steam Gift Card section, select it.
- Choose the amount with which you want to fill the gift card.
- Proceed to checkout. If you want to make future purchases, it is advisable to sign up for the platform if you wish to do so.
- At the checkout, make sure that you enter the correct email address to which you want the details of the gift card to be sent.
- Double-check the gift card amount and the total cost; the cost will be higher than the gift card’s filling amount as it includes the platform fee.
- Click on continue to payment.
- This will take you to the page where you can select the cryptocurrency of your choice. Select the currency and wait for the price to update.
- The price will be updated in real time, and the amount of cryptocurrency to be paid will be displayed.
- Click on proceed to payment.
- Connect your browser wallet to confirm the payment or send the amount displayed to the address mentioned.
- Wait for confirmation.
- Purchase is successful, and you receive your gift card at your email address.
NOTE: An important thing to note here is that while you are sending the crypto amount manually from your wallet, always make sure that you are sending the amount with the transaction fee your platform will deduct; otherwise, there will be a mismatch and your transaction will not go through, and you will lose your assets.
Conclusion
The ability to buy Steam Gift Cards with cryptocurrency enables users to eliminate geographical border restrictions applied to regular fiat currencies. The crypto payment gateway ensures financial freedom and provides access to uncharted digital goods and services.
While navigating the web for potential goods and services, always remember to stay safe and keep away from fraudulent websites and services that offer huge discounts and unrealistic prices, as they may be baits to lure you into a scam.