Bitcoin Forum

Economy => Exchanges => Topic started by: schapmandj on April 22, 2016, 06:30:26 PM



Title: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: schapmandj on April 22, 2016, 06:30:26 PM
Found this site: https://btmarket.herokuapp.com (https://btmarket.herokuapp.com)

Pretty impressed by the concept and even more so by the results.

I've sold about 2 coins on it so far. All in all took me about 3 hours and PayPal withdrawal was instant.

Would highly recommend and also wondering if anyone here is a vendor on the site and can tell me what that's like?


Title: Re: BitTrust Market will sell you coins for you (BTC to PayPal)
Post by: abarnes55 on April 22, 2016, 07:10:14 PM
I've used it before and agree it's a great service. Signed up as a vendor a few months ago but it's kind of hard to get coins to sell since there's hundreds of other vendors now.


Title: Re: BitTrust Market will sell you coins for you (BTC to PayPal)
Post by: jt byte on April 22, 2016, 07:13:33 PM
Yes all ok with your results but what are the fees and charges after all are said and done? They aren't doing this for free obviously.  ;)


Title: Re: BitTrust Market will sell you coins for you (BTC to PayPal)
Post by: abarnes55 on April 22, 2016, 07:27:10 PM
When I did it I got paid at the current exchange rate. They have a how it works page here: https://btmarket.herokuapp.com/howitworks

As a vendor they make you sell the coins at $20 above the exchange rate, then you keep $15 and they keep $5.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: fdixonpx on April 22, 2016, 08:00:15 PM
just stick with selling your own coins on this site. yes, you cant set your own prices, but thats to be expected seeing as they do everything for you.

as far as being a vendor goes its not worth it. they have hundreds of them already and the top ones are offloading 30-40 coins a DAY. unless you can compete with that i wouldnt bother.

sell your own coins. its fast and reliable. the vendor program is hard.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: amacar2 on April 23, 2016, 06:11:38 PM
oh my god, i am not gonna trust this positive review from newbie account all of the reviews are coming from just created accounts.
And site also look suspecious which showing large sum of transactions at the home page under recent transactions.

SCAM ALERT FROM MY SIDE.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: kateryana81 on April 23, 2016, 06:24:49 PM
Found this site: https://btmarket.herokuapp.com (https://btmarket.herokuapp.com)

Pretty impressed by the concept and even more so by the results.

I've sold about 2 coins on it so far. All in all took me about 3 hours and PayPal withdrawal was instant.

Would highly recommend and also wondering if anyone here is a vendor on the site and can tell me what that's like?
Why you are talking about this site? Are you the owner of this site? If you are the owner then this topic belongs to different section.
If you are not the owner, what is the monetary benefit? Must be a scam.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: jambola2 on April 23, 2016, 07:49:23 PM
Ahahaha all the three newbie accounts that posted on this thread were created within two hours of each other.

https://bitcointalk.org/index.php?action=profile;u=830203
https://bitcointalk.org/index.php?action=profile;u=830182
https://bitcointalk.org/index.php?action=profile;u=830220

So... three shills probably created by the owner of the website in order to promote the website.

The fact that it uses a .herokuapp.com domain makes it even less trustworthy in my eyes, as it seems that less has been put into developing it. I wouldn't trust it, there are far more trustworthy services out there.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: Arcteryx on April 23, 2016, 09:11:20 PM
If the name of the service doesn't give it away straight off the bat I don't know what will  ::)

BitTrust  :D


Title: Re: BitTrust Market will sell you coins for you (BTC to PayPal)
Post by: Whosdaddy on April 24, 2016, 08:37:07 PM
When I did it I got paid at the current exchange rate. They have a how it works page here: https://btmarket.herokuapp.com/howitworks

As a vendor they make you sell the coins at $20 above the exchange rate, then you keep $15 and they keep $5.
That's a really big percentage for the vendors, given the information you provided, they take 25% of the profits you make. This is good for people who are willing to share their profits by having a platform sell their coins with ease. However, this method is very prone to scam.
I'd rather sell my own coins so I can keep all, if not most, of the profits I can get.


Title: Re: BitTrust Market will sell your coins for you (BTC to PayPal)
Post by: European Central Bank on April 24, 2016, 09:04:19 PM
So multiple recommendations by newbies of a site I've never heard of. I think my ass requires kissing by them.