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Author Topic: [WTS] Amazon.co.uk Gift Cards  (Read 1263 times)
dg2010 (OP)
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January 03, 2014, 03:07:24 PM
 #1

I am selling Amazon.co.uk Gift Cards.

Price based on CoinBase as I use them for accepting payments.

I am currently charging an 7-10% fee for this service as exchanging voucher codes for Bitcoin is risky business. It ties up lots of my money whilst I wait for Bitcoin to be cashed out and sent back into my account and I have to pay tax on any profits made. I am also at significant risk of a crash wiping me out. In short, it's a decent deal if you want to avoid the hassles of dealing with exchanges and having to explain to the taxman where the money comes from.

I expect to deliver codes within 24hrs max, though most of these will be completed much sooner.

You Pay £27.50 - You Get £25 - https://coinbase.com/checkouts/34b82f3840ca050363a894965aeecd68
You Pay £55 - You Get £50 - https://coinbase.com/checkouts/53bfbae9dbf80e2495c6ebbf0e417a8e
You Pay £110 - You Get £100 - https://coinbase.com/checkouts/d385bdb44211ce17442f4f22bcbccca9
You Pay £215 - You Get £200 - https://coinbase.com/checkouts/1d98e26b016134ee7a24d14d0e99bc9f

All cards are purchased by myself directly from Amazon through my UK business account.

P.S - First 5 orders are FEE FREE. That means you will get 100% of the amount paid. E.g you pay £215 you will receive a £215 voucher. Hopefully some of you are willing to place some trust in me so that I can build up a trust as this will be my first official exchange as a seller of services.
Camelop
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January 03, 2014, 05:57:42 PM
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Are you aware that people sell amazon gift cards for 40% off here when trading it against bitcoins?

Anyway succes with your busines.
dg2010 (OP)
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January 03, 2014, 06:31:22 PM
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Are you aware that people sell amazon gift cards for 40% off here when trading it against bitcoins?

Anyway succes with your busines.

I have seen discounted rates rates but 40% seems quite a unsustainable amount. Where are these cards coming from at that rate? People desperate to sell a few low value items?

1. Supply, there does not seem to be a good supply of amazon.co.uk gift cards. Either limited quantities or from dubious sources.
2. I have the funds to convert £500 Gift cards which might be quite interesting for some people?

My current investment is about 5 minutes writing the post, so maybe this idea goes on the SHIT pile Smiley
WorldWideBTC
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January 04, 2014, 12:55:52 PM
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Are you aware that people sell amazon gift cards for 40% off here when trading it against bitcoins?

Anyway succes with your busines.

I have seen discounted rates rates but 40% seems quite a unsustainable amount. Where are these cards coming from at that rate? People desperate to sell a few low value items?

1. Supply, there does not seem to be a good supply of amazon.co.uk gift cards. Either limited quantities or from dubious sources.
2. I have the funds to convert £500 Gift cards which might be quite interesting for some people?

My current investment is about 5 minutes writing the post, so maybe this idea goes on the SHIT pile Smiley

It's good that you have an established system for selling the codes, but I'd have to second this opinion. Amazon codes are almost always sold for below face value. Logic being that there is a slight amount of sketch involved with them. Stolen credit cards can purchase the gift codes, compromised Amazon accounts, etc.

Also, it's considered a cash alternative for some people. Got an amazon code but no cash for buying BTC? Sell the code for BTC. That's a buyer's market, because any buyer of Amazon codes could instead turn the BTC into bank funds pretty easily and buy their own Amazon code at 100% value.

I'd understand offering them at 100%, but anything above that is just... odd. Good luck to you, though.

I'd also like to point out that some scammer just hit this forum selling bogus codes. They were either bought with a stolen CC, a compromised account, or he fraudulently reported his gift card (or credit card) as stolen shortly after receiving the BTC. That's going to hurt your chances unloading them. Just a thought.

dg2010 (OP)
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January 05, 2014, 01:08:07 AM
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How can you ensure me that yours will not be the same?

I have 260+ 100% feedback on my eBay account but that's not much help to someone buying with bitcoin...

Otherwise I'm not sure how I can ensure you at this time. I was hoping that someone would take a chance on some smaller coupons and I could establish some history.
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