I'd like to sell an amazon.com gift card for $13.67. I got it from ads from my website, but can't use it because I do not live in the US. The community rules here say that trades should not be advertised, so what's the best way to sell this?
Is there any place that accepts Amazon gift cards for bitcoin?
I'm sure this has been posted before, and asked everywhere, I just can't find reliable information on where I could do this. I would rather not have to be "verified" e.g. Scan my liscence, provide proof of address. I just want to give my wallet address, give the amazon code and be somewhat done. If anyone had info, I figured it would be you guys. Tl;dr I want to trade amazon gift cards, for bitcoin. Thanks!
UPDATE: You can now trade your Amazon gift cards for bitcoin on CoinClub.io
Hey guys, We have been working around the clock to make sure that the bitcoin community gets the best services possible. As of today, CoinClub.io member will be able to trade in their amazon gift card code for bitcoin. Users simply need a CoinClub.io account in order to trade. We look forward to collecting your feedback. Please don't just upvote, feedback (good or bad) matters more to us. Stay tune for more update. Thank you, The CoinClub.io team UPDATE: Bug has been fixed. Sorry for the delay
[uncensored-r/BitcoinMarkets] Trade Amazon E-gift card for bitcoin
The following post by Saelemx is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ BitcoinMarkets/comments/7ni77p The original post's content was as follows:
This method is best utilized to get digital stuff, like amazon gift cards/iTunes etc... since you can trade them directly into bitcoin on sites like Paxful and LocalBitcoins, so I'm going to use that as an example. Search on local classifield ads sites, facebook, craigslist etc for someone selling digital gift card codes. We will call this person MARK A. Organize a price with MARK A, and ask for their PayPal email for you to make payment to. Tell them you will make payment after you get paid from work. Now make a listing on a classifield ads sites, facebook, craigslist etc for a marked down random expensive item for the exact same price MARK A is selling his digital gift card for. Wait for someone to reply to your ad wanting to purchase your item. We will call this person MARK B. Send this person MARK A's PayPal email, but claim it is your own. Once MARK B has paid MARK A, ask MARK A to send you the gift card code. MARK B will eventually start a PayPal dispute once they realize they are not actually getting the item they have paid for but by them you have already cashed the gift card code. If you liked this post check out SEProfit for more of my guides
You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments. It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Limited Supply - There will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here. Once they are all issued Bitcoin will be truly deflationary. The halving countdown can be found here.
Open source - Bitcoin code is fully auditable. You can read the source code yourself here.
Accountable - The public ledger is transparent, all transactions are seen by everyone.
Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works. You can even run a node on a Raspberry Pi.
Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
Push system - There are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them.
Low fee scaling - On chain transaction fees depend on network demand and how much priority you wish to assign to the transaction. Most wallets calculate on chain fees automatically but you can view current fees here and mempool activity here. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, a second layer scaling solution currently rolling out on the Bitcoin mainnet.
Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply memorizing a string of words for wallet recovery (while cool this method is generally not recommended due to potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for new users due to ease of use and additional security).
Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage. Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".
Securing your bitcoins
With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor, Ledger or ColdCard is recommended. Alternatively there are many software wallet options to choose from here depending on your use case.
If you prefer to let third party "Bitcoin banks" manage your coins, try Gemini but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email! 2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".
Where can I spend bitcoins?
Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out. If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.
Just like any other form of money, you can also earn bitcoins by being paid to do a job.
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.
The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
one bitcoin is equal to 100 million satoshis
1,000 per bitcoin
used as default unit in recent Electrum wallet releases
1,000,000 per bitcoin
colloquial "slang" term for microbitcoin (μBTC)
100,000,000 per bitcoin
smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki. Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval. Welcome to the Bitcoin community and the new decentralized economy!
What I currently use for privacy (after almost 2 years of long investing into it)
And both Purse and eGifter are linked with Amazon, connecting buyers and sellers on one platform. Just by random selection I decided to trade on Purse, to sell gift cards online instantly, which I want to show you step by step: How to Buy bitcoins with Amazon gift card at Purse. First thing to do is to register at Purse (Sign up here for free ... Here, users with gift cards can liquidate their gift card at a nominal price. Ex: $80 for a gift card worth $100. Moreover, if you are someone who is just starting out & want to buy Bitcoin in a small quantity, using gift card is an easy way. Though if you wish to buy Bitcoin in the larger amount, you should rather use other methods like real ... Bitcoin For Amazon Gift Card. Buy Amazon Prime, Fire Stick, Echo, books, laptops, drones, hoverboards & more. Except as required by law, GCs cannot be transferred for value or redeemed for cash. How to Trade in Amazon Gift Cards for Bitcoins – Instantly (Hannah Ballard) Amazon's Choice for bitcoin gift card. Amazon.com eGift Card. 4.8 out of 5 stars 343,981. $1.00 $ 1. 00-$2,000.00 $ 2,000. 00. Google Play gift code - give the gift of games, apps and more (Email Delivery - US Only) ... Amazon Second Chance Pass it on, trade it in, give it a second life : It won’t open a trade yet, but will guide you through the offer terms and conditions set by the buyer. Start the trade – If you are satisfied with the buyer’s terms, enter the amount you’re willing to trade for and click Sell Now. This will open a live trade chat and move your bitcoin to our secured escrow.
Redeeem is a P2P exchange that lets you buy and sell over 30 Gift cards for over 30 cryptocurrencies quickly without the risk of fraud. It was launched in 2018, It supports users from over 200 ... How to buy and sell gift cards is fast becoming a regular topic among young people like you maybe looking for a way to make money online. This is because gif... Learn how to buy amazon gift cards with this software and get an instant service with them. Get your egift cards and remdeem them via Bitcoin with instant tr... Convert Amazon Gift Cards to Bitcoin using Purse.io? ... 7:53. Make hundreds of dollars a day online VENDING Bitcoin from home (Episode 1, Amazon gift cards ... Make $4,916 Trading Bitcoin ... How to change your gift cards to bitcoin through paxful Watch the next video on how to change your bitcoin to cash on paxful ----- Don't fo...