Gift Card Trading Is Booming — So Are the Scams
In Nigeria today, trading gift cards is a fast and popular way to turn unused digital assets into real cash. From Apple and Steam to eBay and Razer, thousands of people trade gift cards every day.
But where money flows, scammers follow.
Fake Instagram pages. Cloned WhatsApp numbers. Impersonation of trusted platforms. Scammers are getting smarter — and bolder. Their goal? Trick you into sending your gift card… and vanish without paying a kobo.
How to Protect Yourself When Trading Gift Cards
1. Never Trade with Random People on Social Media
DMs and comment sections are common traps. If a deal sounds too good to be true — it probably is.
2. Always Verify the Seller or Buyer
Before you trade, take 30 seconds to check if their phone number, username, or account has been flagged.
3. Watch Out for Fake Rate Traps
Scammers use unusually high exchange rates to lure victims. Always compare with established platforms to know the market average.
4. Don’t Reveal Full Card Details Upfront
If you’re trading with a human (not a verified platform), never send the full card code until you’ve confirmed payment.