Earn Bitcoins using Ebay Giftcards! Fast and easy!
Step 1: Register a
LocalBitcoins account.
Step 2: Register a Paypal account and a friends.
Step 3: Request a Paypal Mastercard 1% cashback debit card (
https://www.paypal.com/webapps/mpp/debit-card) *This will take a week or two to receive your card*
Step 4: Register Ebay accounts.
Step 5: Register a
www.Circle.com account.
Step 6: Link your Paypal Mastercard 1% cashback card to your Circle.com account.
Step 7: Create a $500 Buy It Now auction with your account that has the Paypal Mastercard linked.
Step 8: Purchase a $500 Ebay Giftcard on LocalBitcoin from a vendor with a good reputation and long history. (Cost around .6 BTC at the time of this post)
Step 9: Use the friends account to purchase the $500 item.
Step 10: Log into Circle.com and purchase $400 of Bitcoin. Paypal Mastercard only allows $400 of "ATM" pulls per day unless you call them... they can lift the limit to $600.
Step 11: Pay Ebay their $50 fee. Paypal takes their $14.80 fee automatically.
You should have $35 and some change left in your Paypal that can be used to purchase Bitcoins the following day.
If you only have a single Ebay account and have a little time to wait I recommend purchasing cash from Ebay. (or no Circle account)
You can purchase four $100 bills off ebay for roughly $480. I personally like purchasing racks of $2 bills because they are fun to spend
.
http://www.ebay.com/itm/Pack-of-100-2009-Brand-New-Uncirculated-2-Dollar-Bills-In-Sequential-Order-/161879852245?hash=item25b0ca84d5:g:WVcAAOSwQoFWO8fkYour Ebay giftcard will be forever attached to your account (Paypal) once you make any transaction on it. You can use the left over $20 from the $2 bill transaction any time worry free.
You can use up to $1,000 of gift cards per item purchased! You can now use an unlimited number of Ebay giftcards every 180 days!
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