I have a little over $10 on my account and i was wondering if i could use that amount to email a gift card to someone.
No, sorry that is not possible. If you would like to send a gift card to someone you would need to purchase the card and either mail it or, if it's an Xbox code, email the code to them.
If they live in a different country than you please be sure that the code is for their region as most codes are region locked.
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