We read the terms pages, place real orders, and check the registers. These reviews cover what a platform actually charges once every layer is counted, where its identity checks bite, and what happened the last time something went wrong.
CEX.IO is a licensed exchange — FinCEN-registered MSB (NMLS 1804170),
money-transmitter licences in 34+ US states, a
Gibraltar FSC DLT licence
and CySEC authorisation in the EU. Bonus is trading-fee credit, not withdrawable cash —
read the full terms first.
Seven weighted scoring criteria
Fee figures from real orders
Security incidents documented, not hidden
Licensing and registration verified
Updated August 2026
Everything in reviews
Ranked comparisons at the end; individual verdicts, pros and cons, and fee tables on each page.
Most content in this niche is a rewritten press release with an affiliate button. Our approach is
duller and more useful: we price a real order, we read the whole terms page including the bits about
refunds and account closure, and we check registers rather than repeating claims.
That produces some awkward results. Our highest-scoring gift-card platform is also the one that was
breached this year. Our most convenient voucher issuer has one of the worst effective spreads. We
publish both, because a review that only flatters is not a review.
The seven criteria, and what each one is actually testing.
Criterion
Weight
What we look at
Total cost
30%
Stated fee plus exchange-rate markup plus network fee on a real order
Coverage
20%
Brand count, country count, and whether the useful brands are actually in stock
Coins accepted
15%
Whether you can pay from the wallet you have, without a swap
KYC friction
10%
Judged against what the product legally requires, not against zero
Delivery
10%
Speed, and what happens when a payment arrives short or late
Rewards
10%
Standing cashback that survives contact with the terms page
Record
5%
Licensing, registration, and how incidents were handled
The current top five, with the caveats attached
1
Bitrefill
Deepest catalogue and the best Lightning support in the category
4.3/5
What you pay over face value
Face value on most cards; up to ~2% on Amazon and prepaid cards
Coins accepted
BTC (on-chain + Lightning), ETH, USDT, USDC, LTC, DOGE and more
ID required?
None for most orders
Countries
170+
Best for:Bitcoiners who want one account for gift cards, top-ups and bills
Azteco, Bitnovo and
CryptoVoucher.io. Codes that become coins. Azteco is the
cheapest and simplest; Bitnovo wins on physical retail presence in Europe; CryptoVoucher wins on
payment-method convenience and loses on total cost.
Fold pays sats back on US gift-card and card spending. Worth reading
alongside our cashback comparison, because a rebate
larger than the markup is the only way this category gets genuinely cheaper than fiat.
Exchanges, for the buy side
CEX.IO is reviewed here because gifting often starts with buying, and
the venue you buy from is a compliance decision as much as a price one. We go through its US state
licences, its Gibraltar DLT authorisation, and the exact structure of its welcome bonus, which is
fee credit rather than cash.
Peer-to-peer, with warnings
NoOnes inherited the gift-card P2P niche after Paxful closed. It is
the only realistic route for selling a gift card for crypto, and it is also where most
reader losses in this market originate. The review is mostly about escrow discipline.
Head-to-heads
Bitrefill vs Coinsbee settles the most common question
in the category, and nine Bitrefill alternatives is
organised by the reason you are looking — missing brand, blocked country, altcoin support, or
security nerves.
About these reviews
How do you score these platforms?
Seven weighted criteria: total cost of a real order (30%), catalogue and country coverage (20%), coins accepted (15%), KYC friction relative to what the product requires (10%), delivery reliability (10%), standing rewards (10%) and security and compliance history (5%). We place a real order where practical and read the terms page in full. The method is documented in our editorial policy.
Which platform is safest?
"Safest" splits into two questions. For regulatory recourse, a MiCA-authorised processor like CoinGate or a licensed exchange like CEX.IO gives you a supervisor to complain to. For data exposure, the honest answer is that any platform can be breached — Bitrefill, the largest in the category, was compromised in March 2026. Assume your purchase history will leak somewhere and use a dedicated email address.
Do you get paid by the platforms you review?
Some outgoing links may pay us a commission. It never changes a score, a fee measurement, or a warning — and the clearest evidence of that is that our highest-scoring platform also carries the largest security warning on the site. Full disclosure in the editorial policy.
Why is Paxful not reviewed here?
Because it no longer operates. Paxful suspended operations in 2023 and wound down in November 2025 after founder disputes and rising compliance costs. The P2P gift-card niche it dominated has partly moved to NoOnes, which we do cover — along with why that whole category remains the riskiest corner of this market.
How current are these reviews?
Every review carries the month it was last checked, and the fee figures come from that check. This industry changes fast — platforms drop fees in some regions, add or lose brands, and adjust KYC thresholds without announcement. Treat any figure older than a quarter as indicative and verify on the operator's own site before you pay.