Name Price24H (%)
Bitcoin (BTC)
$34,047.00
1.60%
Ethereum (ETH)
$2,153.44
1.98%
Binance Coin (BNB)
$298.91
0.48%
Cardano (ADA)
$1.21
0.64%
How much do you know about gift cards? Take our quiz to find...
News

How much do you know about gift cards? Take our quiz to find out

Amazon","iTunes","Google Play Store"],"correctIndex":0,"description":["

Well done! Owing to the sheer number of products it offers (including digital music downloads,) this e-commerce giant is at the top of the rankings. That’s unsurprising given the sheer volume of its sales in the first quarter of 2021.<\/p>\r\n","

Although iTunes gift cards do command a high resale value, especially among people who want to buy apps and music, it hasn’t been the most popular gift card for several years.<\/p>\r\n","

Unlucky! Amazon steals the show when it comes to the most popular gift card.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

What’s the most important thing to consider when buying a gift card?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["That it covers the value of a desired purchase","Whether you have an account with the retailer","The gift card’s expiry date"],"correctIndex":2,"description":["

At most retailers, gift cards can be put toward a larger purchase, with the rest of the balance paid using debit or credit card.<\/p>\r\n","

This isn’t necessary! If you do need to log in to make a purchase, you can register for an account after receiving a gift card.<\/p>\r\n","

Some gift cards expire after 12 months, while others last for years. Make sure you double-check this to ensure that the funds on your gift card don’t expire.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

What’s the biggest advantage of buying a gift card with crypto?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["It’s an indirect way of purchasing everyday items using crypto","Some retailers don’t accept cash in exchange for gift cards","The value of the gift card can then go up in value"],"correctIndex":0,"description":["

You can’t use crypto to make a purchase on Amazon… but you can use it to buy an Amazon gift card! This will give you greater flexibility as a cryptocurrency owner.<\/p>\r\n","

Most retailers will accept cash and credit card for gift vouchers, but the biggest downside here is that they’re unlikely to accept assets such as Bitcoin.<\/p>\r\n","

Buying a gift card using crypto means you’re purchasing a voucher for a set dollar amount such as $50 or $100. It won’t rise in value.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

How can you make sure your gift card will be valid?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["Buy a gift card for the correct country where you or your loved ones live","Test the code first","Buy an item first and apply the gift card credit later"],"correctIndex":0,"description":["

Many retailers are international operations, with branches around the world. As such, an Adidas voucher issued in the U.S. may not be valid in the U.K.<\/p>\r\n","

Be careful! Some gift card codes can only be used once… and the recipient may end up receiving less credit than they were hoping for.<\/p>\r\n","

Gift cards can’t be used to pay for products retrospectively, so this won’t work.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

Why is crypto a better way of buying a gift card?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["It’s more immediate than using fiat","They promote financial inclusion","They can help you avoid suspicion","All of the above"],"correctIndex":3,"description":["

Crypto also promotes financial inclusion… and prevents the purchase from appearing on your bank statement where a loved one might see!<\/p>\r\n","

Crypto purchases of gift cards can also be a lot faster than old-fashioned fiat transactions, which can take days to clear.<\/p>\r\n","

Unfortunately, answers A and B are also valid!<\/p>\r\n","

That’s right. Crypto transfers can be a lot faster than fiat currencies, they open up opportunities to people who don’t have a bank account or a credit card, and they can ensure that gifts remain a surprise for the recipient.<\/p>\r\n"],"procents":[[],[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

Who do people buy gift cards for the most?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["Friends","Colleagues","Close family members"],"correctIndex":2,"description":["

Although gift cards are popular choices for friends, research suggests they are more commonly bought for colleagues and close family members.<\/p>\r\n","

Not many people have colleagues they’ll buy gift cards for — then again, 18% say they have purchased a gift card for someone they work with.<\/p>\r\n","

This is the most common type of purchase, with 73% of those polled in a recent survey saying they have bought a gift card for an immediate relative.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

What is the value of the gift card market projected to be in 2025?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["$400 billion","$510 billion","$620 billion"],"correctIndex":1,"description":["

Not quite… this is predicted to be what the market will be worth this year.<\/p>\r\n","

Correct! According to Statista, the global gift card market will be worth $510 billion in just four years’ time.<\/p>\r\n","

Unfortunately, the global gift card market will be worth $510 billion in 2025… but the sector has got a compound annual growth rate of 14%.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

Who spends more on gift cards — men or women?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["Men","Women","About the same"],"correctIndex":0,"description":["

Correct! Despite the stereotypes, men typically spend an average of $162.01 on gift cards.<\/p>\r\n","

Women are falling behind in the race to spend money on gift cards. On average, their bill comes to $144.62 — about $18 less than men.<\/p>\r\n","

Not quite… men spend about $18 more on gift cards than women, figures suggest.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1},{"q":"

  How much money goes unused on gift cards a year?<\/strong><\/p>\r\n","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZWE2MmE2MjE5ZWYyNmI0ZTA4M2MxZTkxNjdlZTY5YS5qcGVn.jpeg","options":["$1 billion","$2 billion","$3 billion"],"correctIndex":2,"description":["

It’s actually even more than this — a powerful reminder to use your gift card… or sell it!<\/p>\r\n","

You’re close… but the true figure is $3 billion!<\/p>\r\n","

That’s correct. Gift cards are great, but it’s important than they don’t go to waste.<\/p>\r\n"],"procents":[[],[],[]],"correctResponse":"You are right!","incorrectResponse":"You are wrong","weight":1}],"results":[{"title":"NOT IN YOUR GIFT","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xYmRjMjg3ZTAyN2ZkOGJiM2UyMWZmYmMwNjdiMDhkOC5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xYmRjMjg3ZTAyN2ZkOGJiM2UyMWZmYmMwNjdiMDhkOC5qcGVn.jpeg","description":"

OK, so you didn’t know that much about gift cards. Don’t worry! Freewallet<\/a>, which allows you to buy gift cards using crypto, can help you out.<\/p>\r\n"},{"title":"NICELY DONE!","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mMjcwMGNkMDcyNDU1YTExODBiN2M3NTc3MjlhYjc1ZS5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mMjcwMGNkMDcyNDU1YTExODBiN2M3NTc3MjlhYjc1ZS5qcGVn.jpeg","description":"

You sound like someone who likes gift cards! Freewallet<\/a> has gift cards from hundreds of top retailers that you can buy using some of the world’s best-known cryptocurrencies.<\/p>\r\n"},{"title":"YOU’RE GIFTED","img":"https:\/\/images.cointelegraph.com\/images\/256_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wZjkyODE1MDY2ZGRiM2QzMGU3YWEyNzc1YWIyNTgyNi5qcGVn.jpeg","img_mobile":"https:\/\/images.cointelegraph.com\/images\/396_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wZjkyODE1MDY2ZGRiM2QzMGU3YWEyNzc1YWIyNTgyNi5qcGVn.jpeg","description":"

Well done for your impressive score on our quiz! To celebrate, why not buy a gift card using cryptocurrencies at Freewallet<\/a>?<\/p>\r\n"}],"counterFormat":"%current \/ %total","counterBlock":"%current \/ %total<\/span>

Source: Cointelegraph.com

coinmag

Cryptocurrency news, blockchain news, markets news, cryptocurrency analysis, cryptocurrencies prices.