Iraters vs ValueSwap: Which Should You Trade With?
Score by dimension
| Dimension | Iraters | ValueSwap |
|---|---|---|
| Gift card rates | 7.9 / 10 | 8.5 / 10ValueSwap wins |
| Payout speed | 4.5 / 10 | 8.5 / 10ValueSwap wins |
| Trade experience | 4.0 / 10 | 8.5 / 10ValueSwap wins |
| Support & disputes | 4.0 / 10 | 9.0 / 10ValueSwap wins |
| KYC & onboarding | N/A | N/A |
| Product quality | 4.0 / 10 | 8.0 / 10ValueSwap wins |
| Other features | 4.0 / 10 | 5.0 / 10ValueSwap wins |
| Security & trust | 4.0 / 10 | 4.0 / 10 |
| Reputation | 4.0 / 10 | 5.0 / 10ValueSwap wins |
| App reviews | 9.8 / 10Iraters wins | 9.4 / 10 |
| Overall | 5.1 / 10 | 7.3 / 10 |
Side-by-side facts
| Detail | Iraters | ValueSwap |
|---|---|---|
| Rate received (latest test) | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. | ValueSwap displayed a payout of ₦11,215 for our $10 US Razer Gold e-code, giving a rate of ₦1,121.50 per $1. The wallet received ₦11,215. After a ₦50 withdrawal deduction, ₦11,165 reached the bank account. |
| Tested payout time (latest test) | 32 minutes | 3 minutes |
| Bank withdrawal time (latest test) | 32 minutes | 3 minutes |
| Support first response | 35 minutes | 5 minutes |
| Payout methods | Bank transfer | Bank transfer, Cryptocurrency |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | Iraters did not ask us to complete identity verification. Registration required a name, email address, phone number, password and date of birth, but no BVN, ID or selfie was requested. | ValueSwap did not ask us to complete identity verification. Registration required a name, email address and password, while the referral and country fields were optional. |
| Fee structure | a fee of 100 was deducted | A ₦50 deduction applied during withdrawal |
Frequently asked questions
Is Iraters or ValueSwap better overall?
ValueSwap is better overall. It scores 7.3 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Iraters or ValueSwap?
ValueSwap rated better on the card we traded. Our gift card rates score is 7.9 for Iraters and 8.5 for ValueSwap. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Iraters or ValueSwap?
ValueSwap paid out faster in our test: 3 minutes to complete the trade against 32 minutes on Iraters. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Iraters or ValueSwap?
ValueSwap replied first. Support took 5 minutes to answer at ValueSwap and 35 minutes at Iraters when we contacted them during testing.