These are our most frequently asked questions.
How long does it take for the customer to receive payment?
Are you guys legit?
If you choose the ACH Bank Transfer or Debit Card Payment option it will happen within 2 business days.
See details here.
If you choose the Bitcoin option the transfer will happen within 24 hours.
How much are the fees?
What is the exchange rate for Bitcoin transactions?
Yes we are completely legitimate. We started business in March 2013, so it is a relatively new service, but we have plenty of satisfied customers.
Please check out our Facebook page
Why do I have to provide my bank account information for Bitcoin payments?
We use the exchange rate provided by coinbase.com
the time that your gift card is processed within 24 hours of your card submission.
Most cards are processed within a few hours of submission, however it can take up to 24 hours.
Unfortunately the service provided by Gift Card Drainer is a magnet for fraudsters.
If we verify the customers identity then we can prove that they are indeed the person that initiated the transaction
and did in fact receive payment.
Is it safe to provide my bank routing and account number?
Fraudsters are why it's so hard to get bitcoins anywhere online.
By requiring the bank account number we are able to verify the customer's identity because banks are required to
verify their customers identity. Identity verification prevents a very large portion of fraudulent transaction attempts.
We do not store bank account numbers anywhere. These numbers are received by us and sent
to our ACH bank payment processor
encryption for ultimate security.
These numbers are freely available to anyone that you write a check to. In order to take your
money from your bank account with this information someone would need to forge checks with your
account number on them. We are not in the business of committing check fraud. How long would that
business model last? We created this site to help people get the money that is rightfully theirs.