Are you a Nigerian who has a $500 iTunes gift card, but you are unsure about the Naira value and how to exchange it, you can trust Snappy Exchange – the most reliable platform for selling unwanted iTunes gift cards for Naira.
How to Know iTunes Gift Card Value
To know an iTunes card’s value, you need to know that the conversion rate from USD to Naira for iTunes cards fluctuates based on some factors.
The following are the factors affecting its value:
- Market Demand
When more people want to buy iTunes cards (increased demand) but the supply of available cards remains constant or decreases, the exchange rate increases. Likewise, if fewer people want to buy the cards (decreased demand) or there’s an increase in the supply of available cards, the exchange rate usually goes down.
So, the balance between how many cards are available and how many people want to buy them determines the exchange rate.
- Gift Card Type
The iTunes gift cards come in two forms; physical and digital. The value of its physical cards can be influenced by factors such as their availability in stores, distribution logistics, and physical demand. For example, if there’s a limited supply of physical cards due to distribution issues, their value might increase due to scarcity.
Digital cards can be instantly accessible and have less overhead cost compared to physical cards. Their value might be influenced by factors such as online promotions, discounts, or fluctuations in digital marketplaces. For instance, during sales events, the value of digital iTunes cards could decrease temporarily due to increased availability and lower demand.
- Region of Purchase
When you buy an iTunes card, the value of the card in your local currency will depend on the strength of the currency in the region where you purchase it.
If the currency in that region is stronger than your local currency, its value in your local currency will be higher. Also, if the currency in that region is weaker than your local currency, the value of the gift card in your local currency will be lower.
P.S. At Snappy Exchange, we deal with US-purchased iTunes cards.
- Transparency
The value of an iTunes card is also affected by transparency. It is crucial to consider the level of transparency of the platform you want to sell your gift card. Don’t just assume that all online platforms are legit and safe for your transactions.
At Snappy Exchange, we are committed to transparent pricing and clear communication of all our exchange rates, that’s why you see our rates on the Snappy Exchange rates page.
Read Also: How Much is a €25 iTunes Card to Naira?
How to Check $500 iTunes Gift Card Value
You can check the Naira value of your $500 card by using the Snappy Exchange rate calculator.
Currently, for a US-purchased $500 physical card, the rate per $ is #1,165.
Therefore when you sell your card on our platform, you’ll make 1,1365 * 500 = # 582,500
For a US-purchased E-code, the rate per $ is # 1,145
Therefore when you sell it on our platform, you’ll make 1,145 * 500 = # 572,500
P.S. The actual exchange value might differ slightly based on real-time market fluctuations.
Why Choose Snappy Exchange to Sell Your iTunes Gift Card?
You should choose Snappy Exchange because of the following:
- Competitive Rates
We give you the most competitive rate you can ever get. All rates on our gift card sales avail you the potential to make more money.
- Fast and Secure Transactions
Our platform has a secure and efficient transaction process. Our payouts are very prompt and we also support different payment methods to make sure that you receive your money without stress.
- Easy-to-Use Platform
We have a simple selling process and a user-friendly interface. You can easily navigate our site even if it’s your first time selling gift cards for Naira.
- Real-Time & Excellent Customer Support
Our customer support team is always available 24/7 to assist you. You get to talk to real human beings and receive prompt responses from them, unlike some platforms where the responses are automated.
How to Sell Your $500 iTunes Gift Card on Snappy Exchange
The following is a step-by-step guide to help you sell your iTunes card:
- Log in to the Snappy Exchange website. Put in your E-mail and password.
If you don’t have an account with us, click the “Register” button to do so.
- Once you log in, click on ‘Sell gift cards”, then select iTunes gift card
- Go ahead and select the country where you bought the gift card from
- Follow the prompts, then click on “Submit”
Within 2-10 minutes, you’ll be credited with the equivalent in cash. You can visit the Snappy Exchange website right now to get started.
Conclusion
Before you sell your iTunes gift card, always consider the key factors that affect the value of the card which include; the market demand, the type of gift card, the region of purchase, and the level of transparency of the platform you choose to use.
Snappy Exchange exhibits the highest level of transparency whenever E-currency and gift card exchange are mentioned. We offer excellent customer support, competitive rates, a user-friendly interface (for beginner and advanced traders), and lots of other reward packages available for a seamless trade.