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Topic: [INFO] Rates for Legit Amazon Gift Cards (Read 706 times)

sr. member
Activity: 407
Merit: 250
SELLING AMAZON
October 09, 2017, 01:37:19 PM
#2
Always check trust scan and vouches to avoid scammers.

Balance transfer using gift of prime and gift of kindle unlimited is the safest way.

Be aware of higher amount cheap digital codes (usually $500) being most likely bought using stolen credit card.
full member
Activity: 411
Merit: 199
Join the Bitcoin Lightning Revolution (Ask me How)
October 09, 2017, 08:53:06 AM
#1
Amazon Gift Cards (AGC) are an excellent tool to be used as a quasi-cash when dealing with bitcoins, but unfortunately its reputation is being ruined by scammers offering non-legit AGCs at very low rates (50-70% or even less). Using those AGCs carries a big risk of having the buyer's account blocked very quickly.

Does it mean that buying/selling AGCs for btc shall not be done? Not at all, it means buying/selling AGCs shall be done WISELY.

We already had a large discussion about that here:

https://bitcointalksearch.org/topic/info-how-to-buy-an-amazon-gift-card-and-not-be-scammed-1717338

Here I just wanted to add another piece of information about rates that could be expected when buying or selling a legit AGC:

At  Paxful and LocalBitcoins, btc vendors are buying 100% legit AGCs (physical, bought with cash, with receipt) for bitcoins at around 87%-90%:

https://paxful.com/buy-bitcoin/amazon-gift-card/USD?fiat-min=25

Conclusions for you as a buyer
===================
- If you have an offer less than 80%, it's most probably a scam or suspicios AGC
- Know how differentiate between legit and possibly non-legit AGC
- Know how to check the AGC and cash receipt
- Deal with reputable vendors ONLY (check if they also have profiles at Paxful and LBC, what is their rep over there)

I have been dealing with AGC at Paxful and LBC for more than a year, so I'm ready for any questions or further discussions:
https://localbitcoins.com/accounts/profile/bpovtmg/
https://paxful.com/user/bpovtmg


And, of course, if somebody wants a 100% AGC or Amazon balance transfer (Gift of Prime etc), I'm always ready to help :-)
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