# Crypto gift card glossary

> 22 crypto gift card terms explained: face value, markup, region lock, wallet currency, invoice, confirmations, network fee, TRC-20, ERC-20, TXID, no KYC.

- URL: https://giftswithcrypto.com/glossary/
- Last updated: 2026-10-21
- Publisher: Gifts With Crypto (https://giftswithcrypto.com)

**Quick answer**

Face value is the credit a gift card holds, such as US$50. Gifts With Crypto sells at face value, so the card price equals it, with no markup. The crypto amount is the face value converted on a 30-minute invoice, and the network fee is what your wallet pays the blockchain. No KYC applies up to US$1,000 per order. These 22 terms cover buying, paying and redeeming.

## Buying a gift card

**Face value** — The credit a card holds, in its own currency: US$50, €50 or £25. At Gifts With Crypto the price equals the face value.

**Markup** — The amount a seller charges above face value. On 14 Oct 2026, crypto gift card sellers ranged from −3% to +11%; we charge 0%. See the [fee index](https://giftswithcrypto.com/data/crypto-gift-card-price-index/).

**Denomination** — A value a card is sold in, such as the US$10, 15, 25, 50 and 100 Google Play US cards.

**Region lock** — A brand rule that limits where a code works: by country of purchase, account country, currency or national site. See the [region-lock table](https://giftswithcrypto.com/data/gift-card-region-lock-table/).

**Wallet currency** — The currency of an account balance, such as a Steam Wallet. Steam redeems codes only in a wallet of the same currency.

**Billing currency** — The currency a subscription bills you in. Netflix accepts a card from another country when its currency matches.

**No KYC** — No identity check: no ID, selfie or proof of address. At Gifts With Crypto it applies to orders up to US$1,000. See [no KYC](https://giftswithcrypto.com/no-kyc/).

## Paying with crypto

**Invoice** — The payment request for one order: coin, network, exact amount and address. Ours stays valid 30 minutes.

**Network** — The blockchain a payment travels on. USDT exists on several; we accept Tron (TRC-20) and Ethereum (ERC-20).

**TRC-20** — The token standard on Tron. USDT TRC-20 needs 20 confirmations, about 1 minute. See [USDT TRC-20](https://giftswithcrypto.com/pay/usdt-trc20/).

**ERC-20** — The token standard on Ethereum, used for USDT and USDC. Needs 12 confirmations, about 2.4 minutes. See [USDT ERC-20](https://giftswithcrypto.com/pay/usdt-erc20/).

**Stablecoin** — A token designed to track a currency, such as USDT or USDC for the US dollar. You still send the exact amount on the invoice.

**Confirmation** — A block added after your transaction. We need 2 for BTC, 20 for USDT TRC-20, 12 for ERC-20 and ETH, 1 for SOL and 6 for LTC.

**Network fee** — What the blockchain charges to send a payment, paid by the sender. On 21 Oct 2026 it ranged from about US$0.0005 (SOL) to about US$2.14 (USDT TRC-20 without energy).

**Withdrawal fee** — What an exchange charges to send crypto out. It can be higher than the network fee and may be deducted from the amount you type.

**TXID** — The transaction ID that identifies a payment on the blockchain. Include it when you email support about a payment.

## Receiving and redeeming

**My cards** — The section of your Gifts With Crypto account where codes appear, within 24 hours of payment confirmation.

**Order reference** — The ID of your order, shown on the order page and receipt. Quote it in every support email.

**Redemption** — Entering a code on the brand's official page to add the credit to an account.

**Activation** — The step that makes a code usable. Steam says retailer activation can take several hours after purchase.

**Steam Digital Gift Card** — A gift bought on Steam and sent straight to a friend's Steam account. Different from a Steam Wallet code, which anyone can redeem.

**Refund** — If we cannot deliver a paid order, we send the full order amount back in the coin you paid. See [refunds](https://giftswithcrypto.com/refunds/).

**Ready to buy?** Face value, exact crypto invoice, code within 24 hours of confirmation. [See how it works](https://giftswithcrypto.com/how-it-works/)

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Gifts With Crypto: Gifts With Crypto (giftswithcrypto.com) is operated by cardcrrr LLC (Delaware, USA) and sells digital gift cards at face value for BTC, USDT, USDC, ETH, SOL or LTC, with no KYC up to US$1,000 per order and the code delivered in your account within 24 hours of payment confirmation.