One of my biggest surprises this year is when I still see Nigerians complain on social media about losing their funds when selling gift cards online.
You’ll see posts like “I sold my iTunes card and never got paid,” or “They said my card was invalid after I sent it.”
The truth? These situations still happen because many people don’t know the right way to trade their gift cards.
Selling gift cards online shouldn’t be stressful or risky. It should be as simple as uploading your card, getting a rate, and receiving your cash instantly. However, if you use the wrong platform or skip important steps, you could easily lose money or fall victim to a scam.
That’s why in this post, we will go over five common mistakes Nigerians make when selling gift cards online and how Ridima helps you avoid every single one of them.
5 Mistakes You Can Make When Selling Gift Cards Online.
Here are the five mistakes you can make when you want to sell your gift cards online;
Fig. 1 – From Card to Cash: How to Convert Gift Cards to Instant Money.
Mistake 1 – Trading on Unverified or Random Platforms
This is the most common mistake Nigerians make. Many people rush to trade gift cards with random vendors on WhatsApp, Telegram, or social media without checking their credibility. These traders often promise higher rates to attract victims, but once you send your card, they disappear or claim the code has already been used.
Before you trade, always check that the platform is verified, has genuine user reviews, and offers transparent communication.
How Ridima Solves This;
Ridima is a registered and trusted platform for buying and selling digital assets. Every transaction is protected by advanced encryption and verified security measures. Ridima’s customer support is available to resolve any issue quickly.
Mistake 2 – Ignoring Gift Card Details (Currency, Type, and Region)
Not all gift cards are created equal. A $100 iTunes (USA) card is different from a $100 iTunes (UK) card. However, mixing them up can cause delays or outright rejection. Many Nigerians lose money simply because they don’t check the region, currency, or type of their card before uploading.
How Ridima Solves This:
With the Ridima app, you can know the accepted card types and regions for each category. Before you submit your trade, Ridima shows you the exact card format required to reduce confusion and prevent invalid transactions.
Mistake 3 – Falling for “Too Good to Be True” Rates
You have probably seen traders offering “crazy” rates online. These rates are so high that they look unbelievable. That’s because they usually are. These scammers use fake rates to lure people in, only to change the terms or disappear after receiving the card.
How Ridima Solves This:
Ridima provides transparent exchange rates you can trust. What you see is what you get. The app automatically displays current rates before you trade. The most attractive aspect is that there are no hidden fees or manipulations.
Mistake 4 – Not Confirming Payment Security
Let’s be honest, there are money loss stories everywhere. You’ll see someone say, “I sold my card, and the vendor stopped replying,” or “They said they sent payment, but I never received it.”
In most cases, this occurs because people trade on platforms that lack secure payment systems. Some of these sites lack clear transaction records, customer support, and a proper verification process. Others will ask for sensitive information, putting your account and personal data at risk.
Trading without confirming payment security is like handing your ATM card to a stranger and hoping they’ll “just” withdraw the right amount. You are leaving too much to chance.
How Ridima Solves This:
Every transaction on Ridima goes through three layers of verification to ensure accuracy and safety. Once your trade is confirmed, payment is processed instantly into your Ridima Naira wallet. Your data and funds remain 100% protected.
Fig. 2 – How to Check Your Gift Card Rates Online in 2025.
Mistake 5 – Waiting Too Long to Redeem or Sell
Many Nigerians are holding onto unused gift cards, treating them like a savings plan. You’ll hear things like, “I’ll sell it when the rate is higher,” or “I forgot I had that card.” However, the problem is that gift cards are time-sensitive assets.
Some have expiration dates, others gradually lose value, and in certain cases, rates drop when the market is flooded with that card type. Waiting too long can mean losing real cash value or finding out the card no longer works.
Another issue is that some people keep physical gift cards without checking if the codes are still valid or if they have been scratched. By the time they’re ready to sell, the card might already be used, expired, or unreadable.
How Ridima Solves This:
With Ridima, you can trade your gift cards at any time, anywhere. The process takes just minutes, so there’s no excuse to leave money lying around.
Conclusion.
Selling your gift cards online shouldn’t feel like a gamble. Every mistake can cost you real money. The good news is that you don’t have to learn the hard way. Ridima makes trading simple, secure, and stress-free. With verified systems, transparent rates, and instant payments, you can sell your gift cards confidently and get your cash without delay. So, the next time you want to sell a gift card, skip the risk and trade smart with Ridima.
If you enjoyed this, read more;
Battle of Gift Cards: Which One Pays the Most in 2025?
How to Make Money as a Student in Nigeria in 2025
Top 13 Most Popular Gift Cards in the UK 2025
The Most Valuable Gift Cards in Nigeria (2025)
Possible eBay Gift Card Errors and How to Fix Them in 2025
How to Redeem a Google Play Gift Card on a Google Play Account
Top 9 Popular Gift Cards in the Philippines
7 Best Gift Cards for Teachers to Show Your Appreciation
Why Do Gift Cards Have Varying Rates?
15 Types of Popular Gift Cards Available in Ghana.
How to use AMEX gift card to make payments on Amazon
American express gift cards everything you need to know about them
