You Can Now Buy Ebay Giftcards With Bitcoin, Litecoin and Dogecoin

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I'm going to share a little secret with you which I am using to ebay gift card for bitcoin some extra money. Anyone can start doing this today with a bit of effort and dedication. Basically what it entails is drop-shipping items from Amazon which you get at a discount I will tell you how to customers from other marketplaces eBay, Bonanza, OpenBazaar, eCrater, your own website etc.

Arbitrage is the act of buying something on one market and selling it on another market for a profit and taking advantage of the price difference between the markets. Dropshipping is when you sell stock which you don't have on hand, the customer places the order with you, and you ship directly from your supplier to the customer. In order to get your Amazon gift cards safely you need to follow some basic rules. The reason for this is if you are not careful you will be buying Amazon gift cards from credit card fraudsters and this is illegal.

When buying physical gift cards make sure the person providing you with the gift card uploads a photo of the gift card as well as a photo of the receipt. The last 4 digits of the card must match the last 4 ebay gift card for bitcoin on the receipt, and the receipt must mention that it was purchased with cash or debit card, not credit card. Now you login to your amazon account and redeem the gift card, once redeemed you can release the Bitcoin. When buying egift codes on Localbitcoins make sure that the person you are trading with has a high trading volume on the site and good positive feedback.

Also make sure there name, phone number and ID has been verified on local bitcoins. You ebay gift card for bitcoin also ask them to send you a screenshot of the successful purchase screen on Amazon, this will show the last 4 digits on their card and their real name, this must match the photo ebay gift card for bitcoin their ID which they must send you. Once they've sent you their ID and you've traded successfully, you can add them as trusted on LBC and you won't need this again from them in future.

Find some nice products on Amazon which you'd wish to sell. When becoming a merchant on a marketplace it's always a good idea to find your niche of product types you will sell. This creates trust from a customer perspective for instance you might call yourself ComputerPartsSuperstore where you will resell computer parts and peripherals. List all products within your niche on your chosen marketplaces.

Always use long titles, good descriptions and big high resolution images, these will help sell your products. Make sure that the prices you are listing them at compete on ebay. Its also possible to find unique products on Amazon which are not on ebay, in this case you can name your price and even sell for more than the Amazon listed price, increasing your profit margins.

This part takes the longest as it's hard to find products which are cheaper on Amazon then on ebay, ebay gift card for bitcoin they do exist. Wait for the sales to roll in. As soon as you get an order, all you need to do is place the order on Amazon.

Put in your customers address and use your gift card balance to make the purchase. Amazon will now send the product directly to your customer. Most marketplaces use Paypal, you can now use this Paypal balance to buy more Bitcoin on Localbitcoins by posting a trade to purchase Bitcoin for Paypal USD, you can normally purchase them at market rate this way.

Don't go and find other trades willing to sell Bitcoin for your Paypal, they will charge more for the BTC because it is risky for them Paypal transfers are reversibleinstead ebay gift card for bitcoin your own trade. If you have any further questions, comment below and I will be happy to answer them.

Great ebay gift card for bitcoin, interesting concept and you've circumvented ebay gift card for bitcoin delivery costs or revenue tied up in stock! Another good way to get discounted items on Amazon using BTC is through purse. There are other marketplaces though, but I prefer bigger profit margins: Contact me on Localbitcoins: Easy way to make money online - Retail arbitrage with Bitcoin. Read the full post on how to do this safely Advertise Amazon products on eBay, Bonanza and other online marketplaces.

The Full Post What is arbitrage? Open Bazaar, Bonanza, iOffer, eCrater. If you want to do it professionally, consider getting your own website to sell your products, I use Prestashop for my online stores and it is free an open source. A LocalBitcoins account with atleast 0. So that you can purchase Amazon gift cards for Bitcoin.

It might be a good idea to have ebay gift card for bitcoin capital to begin with so you can stock up on gift card balance so that you can ship quickly to your customers. You need to have atleast 0. Find your Niche Find some nice products on Amazon which ebay gift card for bitcoin wish to sell. List Your Products List all products within your niche on your chosen marketplaces. Profit Wait for the sales to roll in.

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Ebay is cracking down on the sale of gift cards? Or are these just stolen gift cards being sold and then being reversed when Ebay finds out they were stolen? PayPal removed protection provisions for the sale of gift cards btw as of late June. And it's worth nothing that Ebay used to own PayPal for 12 years. They are in bed together. I actually get paid mainly with gift cards for doing offers and micro-jobs.

But it's status quo for trading gift cards. So I'm essentially screwed now or I'd have to trust that buyers wouldn't screw me over now that there's no PayPal protection for gift card sales.

What alternative do I have to PayPal for getting fiat preferably a service that is chargeback proof. Or at least hard to chargeback? When I offer to trade my gift cards for bitcoin, the asking price online is very high. And I can obtain bitcoin on here for below-stamp , at-stamp or at an exchange. So it has always been my preference to trade gift cards for fiat. Maybe if I put up an Amazon GC sell ad on here, it would have better luck.

If you want fiat you can try to sell the gc for bitcoin and sell the bitcoin for fiat. It's hard to compete with the rates here. You are in a tough spot. What kind of GCs do you get? The ebay cards I bought last year have expired the 6 month period. I should be fine. Did 5k at big discounts but all were good. A good old aged account can handle a few but a new account will get closed right away. If i have a old account but the address is also old and i want to ship to my new address using ebay gc, you think it would work?

Viernas The whole point for me wanting fiat for my Amazon GCs is that people online are willing to pay significantly more in fiat for them than they are with bitcoin.

And I'm able to purchase bitcoin myself below-stamp, at-stamp or worst case scenario slight mark-up at an exchange. Now that PayPal doesn't offer protection for selling gift cards it's pretty bad for sellers to begin with at any rate , I'm probably screwed now though. And looking for fiat alternatives for PayPal that cover the sale of gift cards. For a bitcoin trader like me whose used to people selling me coins below-stamp, that sucks.

Once the new PayPal rules go into effect, I think gift card sellers such as myself are going to start seeing more chargebacks and then we have no recourse because gift card selling is no longer covered by PayPal.

And then we'll have no choice but to only take bitcoin if there isn't a viable fiat alternative. But we'd have to take a bit of a financial hit in doing so on these gift card trading sites.

Because traders are less willing to part with bitcoins on there for GCs but yet they'll readily sell bitcoins below-stamp for fiat here. It's relevant and worth following the news in the fiat world, too. Ebay just closed buying ebay GC's with Egifter and Gyft about a month back. Ebay is actively trying to limit the flow of Ebay cards into BTC. That being the case, everything that is flowing in is a certain age.

Of course, you can simply raise a case with Ebay GC department to have them re-instated, but you must provide some proof you own it.

And of course, new accounts don't stand a chance. Open full view… Ebay accounts suspended left and right.