Best Fashion Gift Cards to Buy With Crypto
Which are the best clothing gift cards you can buy with crypto
Let’s take a closer look at some top choices and why they are such.
Adidas, the German multinational corporation that is well-known for its sportswear products, has been actively engaging with the world of cryptocurrencies and the emerging concept of the metaverse.
Adidas gift cards can be purchased using cryptocurrencies through various online platforms like Coinsbee, Coingate, Bitrefill, and more from a value range from 5 to 500 dollars. Once purchased, the voucher code is delivered instantly via email. These gift cards can be redeemed for merchandise on adidas.com and in Adidas Sport Performance, Adidas Originals, and Adidas Outlet stores in the United States, although they are not available for international use and cannot be used to purchase another gift card.
Adidas announced a partnership with the cryptocurrency exchange Coinbase, which was seen as a step into the world of cryptocurrencies and possibly the metaverse. The partnership was announced shortly after Adidas bought virtual land in The Sandbox, a blockchain-based virtual world, hinting at the company’s interest in offering virtual reality products. The details of the partnership with Coinbase, announced in 2023, have been kept vague, but it is speculated that it could involve Adidas enabling crypto payments or launching a line of virtual clothing as non-fungible tokens (NFTs) for use in metaverse spaces.
H&M Group is a multinational fashion and design company with a strong global presence, operating over 4,000 stores in more than 70 markets and offering online sales in 60 markets. The company is known for its commitment to sustainability and aims to lead the change towards a circular fashion industry.
H&M itself does not directly accept crypto payments. However, third-party platforms such as Coinsbee and Bitrefill offer a workaround by allowing customers to purchase H&M gift cards using various cryptocurrencies like Bitcoin, Litecoin, and many altcoins from a price range of 10 to 300 dollars.
It’s important to note that the terms and conditions for using these gift cards may vary, including expiration dates and restrictions on the use of the cards in conjunction with other promotions.
Nike, Inc., stylized as NIKE, is an American multinational corporation that is engaged in the design, development, marketing, and sales of athletic footwear, apparel, equipment, and accessories. The company is headquartered near Beaverton, Oregon, in the United States.
Nike was founded on January 25, 1964, as “Blue Ribbon Sports” by Bill Bowerman and Phil Knight, and officially became Nike, Inc. in 1971. The company’s name, Nike, is inspired by the Greek goddess of victory, and its logo, the iconic Nike Swoosh, was created to convey speed.
You can purchase crypto gift cards for NIKE on platforms like Bitrefill and Coinsbee with a value range from 5 to 500 dollars. These gift cards can be used to purchase items on the Nike website or at Nike-owned retail locations. If the item purchased with the gift card is refunded or exchanged for a lower price, the difference will be added to the remaining balance on the gift card.
BitValve and Paxful are peer-to-peer crypto exchanges that allow users to buy Bitcoin with Nike gift cards.The platform BuySellVouchers allows users to buy and sell Nike gift cards with cryptocurrencies like Bitcoin, Litecoin, Tether, and DAI. The platform often offers these gift cards at a lower price than their actual value.
Victoria’s Secret gift cards can be purchased with cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and many others through various platforms like Coinsbee, Bitrefill, Cryptorefills and CoinGate with a value range from 5 to 500 dollars. These platforms allow you to convert your cryptocurrencies into digital Victoria’s Secret gift cards, which can be used for purchases both online and at physical Victoria’s Secret stores.
Once you’ve paid for the gift card, you’ll receive the voucher code instantly. You can redeem the gift card at Victoria’s Secret physical stores by sharing the card details with the cashier, or online by entering the voucher code at checkout. The gift cards can be used to purchase any lingerie, clothing, or beauty products sold at Victoria’s Secret stores.
Guess Inc., stylized as GUESS or Guess?, is a globally recognized American clothing company known for its innovative denim, sexy dresses, iconic logo pieces, shoes, handbags, and accessories. The company was founded in 1981 by the Marciano brothers, who were inspired by a European influence to redefine denim. One of their initial designs, a stonewashed, slim-fitting jean called the 3-zip Marilyn, was sold to Bloomingdale’s department store and quickly sold out, marking the beginning of the company’s success story.
Guess, the popular fashion brand, accepts gift cards purchased with cryptocurrencies. These gift cards can be bought on platforms like Coinsbee and Coingate using Bitcoin, Litecoin, or one of 100 other altcoins. The value of the gift cards that you can purchase vary from 15 to 500 dollars. Once the payment is made, the buyer instantly receives the voucher code via email.
The Guess gift cards do not have an expiry date and are transferable. They can be used to purchase merchandise at any participating Guess store, Marciano Stores, or Guess.com. To redeem the gift card, the 16-digit code provided in the e-gift email needs to be entered at the checkout page.
Other ways to buy apparel with crypto
Beyond gift cards, there are other ways you can use yours as some merchants now directly accept cryptocurrency as payment. Or, you might consider using a crypto debit card to conveniently pay for your fashion needs.
Merchants that accept crypto directly
You’re not just limited to gift cards when it comes to buying fashion with crypto.
There are merchants like Philipp Plein, Ralph Lauren, and Gucci that accept crypto directly.
Even online platforms like Farfetch and Off-White have joined the trend, making it easier for you to shop your favorite brands with digital currency.
Philipp Plein, a Swiss-headquartered fashion group, was one of the first major fashion brand to accept cryptocurrency as a form of payment. The brand started accepting 15 different cryptocurrencies, including Bitcoin and Ethereum, in August 2021. These digital currencies are accepted for purchases in many of the group’s brick-and-mortar retail stores around the world, as well as on the brand’s e-commerce platform.
The brand has been at the forefront of investment and development in digital technology applied to the fashion industry. It was one of the first global brands to create and develop an in-house e-commerce platform, which has become its most lucrative channel.
In 2022, Philipp Plein launched a Web 3.0 crypto concept store on London’s Old Bond Street and a free and independent NFT trading platform online. The new London crypto concept flagship accepts payment for physical goods in 24 different cryptocurrencies. Exchange rates are accessible in real-time via a QR code on each product. This service, launched in London, will subsequently roll out to Plein’s 100 odd stores worldwide.
The American fashion brand has started accepting cryptocurrency payments at its store in Miami’s Design District in April 2023, marking the first time the retailer has done so. The company has partnered with BitPay, a service provider that enables businesses to accept cryptocurrencies as payment. Customers can make purchases using a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Polygon’s token (MATIC), Dogecoin (DOGE), and others.
In addition to accepting cryptocurrency, Ralph Lauren is also embracing the world of non-fungible tokens (NFTs). The brand has partnered with the Web3 community Poolsuite and released a co-branded NFT. Members of the Poolsuite community were gifted a NFT, which provided them with exclusive access to a special event and allowed them to update their “Leisurist” avatars with digital Ralph Lauren wearables.
The process is straightforward and secure. When customers are ready to make a purchase, they can choose to pay with cryptocurrency. BitPay provides a user-friendly interface for customers to complete their transaction.
The move into cryptocurrency and NFTs is part of Ralph Lauren’s broader strategy to connect with younger consumers and explore the potential of digital goods and virtual experiences. The company has been testing the waters of Web3 and has previously released digital clothing collections with popular gaming worlds like Roblox and Fortnite.
Gucci, the renowned Italian luxury fashion brand, has been a pioneer in the acceptance of cryptocurrencies. The brand began accepting cryptocurrency in a few of its stores in the United States in May 2022.
To pay with cryptocurrency at Gucci stores in the United States, customers are sent a link via email. This link contains a QR code that allows them to execute the payment from their cryptocurrency wallet. This process is designed to be seamless and user-friendly, similar to other digital payment methods like Apple Pay or Google Pay.
Gucci has been active in digital collectibles, avatar wearables, and NFTs, and its acceptance of cryptocurrencies is seen as a response to customer demand. For instance, the brand added ApeCoin in response to strong customer demand for the well-hyped Bored Ape Yacht Club NFT.
Gucci has also ventured into the Web3 space and the metaverse. The brand announced a multi-year partnership with Yuga Labs, the company behind well-known NFT collections such as Bored Ape Yacht Club (BAYC), CryptoPunks, and Meebits. This partnership aims to explore the intersection between fashion and entertainment in the Metaverse.
Farfetch is a leading global platform for the luxury fashion industry, founded in 2007 by José Neves. It began as an e-commerce marketplace for luxury boutiques worldwide and has since expanded to connect customers in over 190 countries with items from more than 50 boutiques and department stores. The company is headquartered in London, England, and operates as a digital marketplace that sells products from several hundred brands, boutiques, and department stores from around the world.
Farfetch’s acceptance of cryptocurrency payments is facilitated by its payment provider, Lunu, which accepts the crypto from the customer on behalf of Farfetch and exchanges it for fiat currency. Lunu acts as Farfetch’s payment provider, accepting payment on behalf of the fashion retailer and exchanging crypto for fiat money at favorable rates. As for returns, they are available in the same currency that has been used for payment.
Off-White is an Italian luxury fashion house founded by American designer Virgil Abloh in 2012. The company was incorporated in Milan and has since grown into a global brand with 49 locations worldwide. The brand is known for its unique blend of high fashion and streetwear, offering products such as clothing, shoes, and accessories. Off-White is currently owned by LVMH Moët Hennessy Louis Vuitton, which holds a 60% stake, while the remaining 40% was retained by Abloh until his death in 2021.
To mitigate the risk of volatile exchange rates, Off-White uses the LUNU point-of-sale terminal, which finds the best crypto-fiat exchange rate at the time of the transaction. The terminal is compatible with multiple cryptocurrency wallets that can scan a secure QR code to settle the payment. Upon successful completion of automated fraud checks, there are no payment limits for cryptocurrency transactions at these freestanding Off-White stores. However, refunds for items purchased in cryptocurrencies are issued exclusively via store credit, in local currency.
Buy fashion and apparel items with a crypto debit card
You can now splurge on your favorite fashion items using a crypto debit card, an innovative method that’s transforming the way we shop. Just like a traditional debit card, it’s linked to your crypto wallet instead of a bank account.
You’re no longer confined to specific brands or stores that accept crypto. You can shop virtually anywhere, whenever you want. There’s a wide range of crypto debit cards available, each with unique benefits. Some offer cashback in crypto while others may offer zero exchange rate fees.
It’s a convenient, flexible, and efficient way to utilize your crypto assets.
Frequently Asked Questions
What Are the Security Measures While Buying Gift Cards With Crypto?
You’ve to secure your wallet with strong passwords, enable two-factor authentication, use secure networks, and verify the authenticity of the platform before purchasing gift cards with crypto.
Can You Refund or Exchange Fashion Gift Cards Bought With Crypto?
Yes, you can refund or exchange fashion gift cards bought with crypto, but the process depends on the retailer’s policy. It’s crucial to check their terms before making a purchase to avoid any surprises.
How Does the Value of Cryptocurrency Affect the Price of the Gift Cards?
If your cryptocurrency’s value skyrockets, you’ll get more bang for your buck when buying gift cards. Conversely, a dip means you’ll spend more crypto.
Are There Any Specific Crypto Wallets Recommended for Buying Fashion Gift Cards?
Sure, you’re looking for crypto wallets for gift card purchases. I’d recommend Coinbase, Binance, and BitPay. They’re user-friendly, secure, and widely accepted by many online retailers that sell fashion gift cards.
Can These Gift Cards Be Used Internationally, or Are They Limited to Certain Countries?
Ironically, you’d think all gift cards are universal, right? Sadly, they’re not. It’s often dependent on the retailer, some allow international use, others don’t. Always check the card’s terms and conditions to be sure.
You’ve discovered alternative ways to shop for apparel using your digital currency. Interestingly, a recent survey shows that 40% of millennials would prefer to invest in crypto than traditional stocks. This trend is a clear indication of the increasing acceptance of crypto in various sectors, including fashion.
Angel Marinov is the Managing Editor at Coinlabz. With extensive knowledge of crypto payments and blockchain use cases, Angel is a trusted source of accurate and timely information