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Goodbye Paxful & LocalBitcoin, Hello GiftoCash!

Updated: Apr 20, 2023

up to 98% back on any gift card

You don't need us to tell you that the cryptocurrency marketplace is a constantly changing entity. This week, news of a major shift in the market — Paxful and LocalBitcoin shutting down — hit the crypto community, leaving many users asking what their next option might be.

If you've found yourself in this situation, don't worry: We have the perfect alternative. GiftoCash is an online marketplace where you can buy or sell gift cards for bitcoin. As one of the most trusted sources for digital asset trading, GiftoCash provides a safe and secure way to trade without the need for 3rd party services.

In this article, we'll explain why Paxful and LocalBitcoin shut down and walk you through what you should know about using GiftoCash as an alternative digital asset trading platform.

The End of Paxful & LocalBitcoin

It was an abrupt end for Paxful and LocalBitcoins. After years of being the go-to places to buy and sell cryptocurrencies, the two P2P marketplaces announced that they had been shut down in an unexpected move.

But don't worry, GiftoCash is here for you! Previously a small player in the crypto space, GiftoCash has emerged as a top alternative to Paxful and LocalBitcoins. It offers a virtually identical service—users can buy and sell cryptocurrencies from each other—with some added features, too.

For instance, GiftoCash allows traders to use gift cards from any major retail store to purchase Bitcoin. That means you don't have to rely on banks or wire transfers when you want to make a purchase; just enter your gift card number into the system and your Bitcoin will be delivered right away!

So don't miss out on getting your piece of the crypto pie—say goodbye to Paxful and LocalBitcoins, and hello to GiftoCash!

GiftoCash: Your New Bitcoin Marketplace

Say goodbye to Paxful and LocalBitcoin and hello to GiftoCash – the newest and most advanced crypto marketplace out there. With GiftoCash, users can buy and sell Bitcoin and other digital coins instantly, as well as exchange gift cards for cryptocurrencies.

Plus, GiftoCash is offering free cashback rewards just for joining. So if you're looking for a way to easily trade digital assets for crypto, GiftoCash is your one-stop-shop. Here are some of the great features they offer:

  • Instant transactions: GiftoCash allows you to quickly trade Bitcoin and other crypto without waiting days or weeks on long processing times.

  • Free cashback rewards: As a way of saying thank you for joining, GiftoCash is offering free cashback rewards with each transaction.

  • Buy/sell digital coins: With GiftoCash, users can buy and sell Bitcoin as well as other digital coins like Ethereum, Litecoin, Dogecoin and more.

  • Exchange gift cards for cryptocurrency: Exchange your unwanted gift cards for cryptocurrencies with GiftoCash’s secure platform.

How Does GiftoCash Work?

You might be wondering: what is GiftoCash, and how does it work? Well, GiftoCash is a platform that allows users to exchange gift cards for cryptocurrency.

Here’s how it works: you can easily buy or sell unwanted gift cards for cash or cryptocurrency. All you need to do is sign up for a GiftoCash account, connect your wallet, select the gift card you want to buy or sell, and complete the transaction securely from anywhere in the world. Plus, GiftoCash was founded in 2017 and has grown to include a network of users from all over the globe.

With GiftoCash, you can swap your unwanted cards for crypto and join in on the digital asset revolution!

Buy and Sell Bitcoin Easily With GiftoCash

If you're a fan of Paxful or LocalBitcoin, you're probably feeling a little heartbroken. But there's no need to worry, because GiftoCash is ready to step in and provide an alternative. With GiftoCash you can easily buy and sell Bitcoin with gift cards!

And not just that - GiftoCash also offers instant transactions and free cashback rewards! With their fast and secure service, you can make quick trades without the hassle of waiting for deposits. Plus, their transparent fee structure makes it easy to know exactly how much you're paying for each transaction.

But it gets even better: with GiftoCash, users have the ability to buy and sell bitcoin with gift cards from over 1,500 branded merchants like Amazon, Walmart and Target. On top of that, users have the opportunity to earn rewards in the form of BTC while helping out a charity—GiftoCash will donate a portion of every transaction made on their platform to Charity Water.

Security & Customer Support of GiftoCash

Are you still hesitant to make the switch? Don't be. GiftoCash offers a secure, fast, and convenient way to move money, with the added bonuses of stellar customer service and a FAQ page that can help you quickly find answers to all your burning questions.

The platform provides multiple layers of security—all transactions are verified and encrypted before being approved. GiftoCash also monitors all transactions against known risk indicators to identify any suspicious activities.

What's more, the company provides customers with round-the-clock support so you can get help any time of day if you run into issues or have questions about their product and services. You can also easily find helpful information on their FAQ page or search for specific topics on their website or app.

Get Started With GiftoCash Today

Are you ready to start using GiftoCash? It's easy—just create a free account and start buying and selling instantly.

GiftoCash makes it safer than ever to convert your gift cards into cryptocurrency. With our secure verification process for sellers, you can be sure that your transaction will be safe and secure. And with our fast and simple platform, you can have cryptocurrency in your wallet in no time!

What are you waiting for? Get started with GiftoCash today and make the most of the crypto revolution!


While it’s unfortunate that Paxful and LocalBitcoin have shut down, GiftoCash is a great alternative and a reliable option to buy and sell digital assets for crypto. From the convenience of your own home, you can now exchange gift cards or other digital assets such as music, games and more for bitcoin, and vice versa! Plus, with GiftoCash, you don’t have to worry about fraud or scams as they have implemented safety measures to ensure a secure and safe trading experience. All in all, GiftoCash is the perfect marketplace to turn your digital assets into crypto.



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