Can I use a $10 prepaid card from Walmart for unlimited texting on the iPhone 5?

I want an iPhone 5g SUPER bad! I was wondering if I can just pay for the Walmart prepaid cards that are Verizon and $10 and gives you unlimited texting. (Note: I'm only 15.) So, it has to be cheap because I don't think I can make up about $100 in a week. Yeah most of you are probably thinking have your parents pay for it! Be there, asked that. And just what I get each time? A NOO and a smile and a nod. So please come up with a cheap answer.(: So, could I just go to Walmart, get a $10 Verizon prepaid card for unlimited texting each month, and yeah... Have no problem or do I have to spend thousands of dollars each week? Thanks for your answers and remember since I'm only 15... It has to be cheap cause I'm the one whose more than likely paying for it all by myself.. Thanks. (And please make your answer give me a smile!!!) like this -> :'D

1. Yes, you can go right now and use a GSM SIM card in your Verizon iPhone 5.  Note that you will have a different phone number when you do this.
You are not using a SIM card for CDMA in the US.  The SIM card in the device is used for LTE in the US.
CDMA and GSM are different types of cellular technology.
2. If you are still under contract, then you would need to be the ETF (Early Termination Fee) for your account.  Then you would simply need to get whatever SIM card you desire for service in China.
http://www.verizonwireless.com/b2c/support/customer-agreement
What Happens if My Postpay Service Is Canceled Before the End of My Contract Term?
If you're signing up for Postpay Service, you're agreeing to subscribe to a line of Service either on a month–to–month basis or for a minimum contract term, as shown on your receipt or order confirmation.  (If your Service is suspended without billing, that time doesn't count toward completing your contract term.) Once you've completed your contract term, you'll automatically become a customer on a month–to–month basis for that line of Service. If you cancel a line of Service, or if we cancel it for good cause, during its contract term, you'll have to pay an early termination fee.  If your contract term results from your purchase of an advanced device, your early termination fee will be $350 minus $10 for each full month of your contract term that you complete. Otherwise, your early termination fee will be $175 minus $5 for each full month of your contract term that you complete.  Cancellations will become effective on the last day of that month's billing cycle, and you are responsible for all charges incurred until then.  Also, if you bought your wireless device from an authorized agent or third–party vendor, you should check whether they charge a separate termination fee.

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