Do you exchange gift cards to BTC?

[michellee]

Mmm, I don't exchange gift cards to BTC because I don't search that kinds in other websites. The popular way of getting crypto is from the faucet

Is that really amazon give a gift card that we can convert it into BTC? I never heard about that because I never use Amazon for shopping.

Ahh, I see that you want to help crypto user which have a gift cards from Amazon to exchange it in your website and you send the btc amount to them. I think it's a good idea but you need to convince them about the ease to convert to btc.

How do you exactly expect people to blindly send you their gift cards? how is this different from a newbie asking for a non-collateral loan or a newbie selling some digital goods?

the good looking website does not change that fact that you are a newbie with an anonymous identity , trying to buy gift cards and want everyone else to go first !.

let me re-phrase your post.


Hello , I want to buy amazon gift card for 10% discount, send me a UK gift card , and i will send you 90% bitcoin in 5 minutes, and hey , no escrow.

i am really surprised by most comments above for not worrying about this being another" better looking" scam  

Maybe he should try to look at bitpay services which can help the customer to convert from fiat to btc. Yes, he should have escrow to make the customer believe that they are legit.

[bitof]

The question is how we could implement escrow? Do you know any ready to use solutions that could meet our needs? Remember that bitof.io is the buying party in these transactions, so how would our customers, who are virtually sellers, profit from it?

[mikeywith]

using escrow with gift cards is pretty much useless, you can simply deny that the seller sent a working code after you redeem it, and they can easily accuse you for redeeming a code that did not work in the first place, and then it will be hard for the escrow agent to know who is lying.


someone mentioned about you requesting an image of the card? , is the process of verifying the code done manually? if not then how are you going to automatically extract the code from say a poor quality image?

[bitof]

After uploading the code you are shown a transaction status screen with a timer and a link to this status, so you can come back to it. We don't send any emails etc, so the service can be anonymous.
If the code is illegible or invalid, you are presented appropriate information there. We can also show you a customized message, for example some people try to send us codes for Amazon DE and we inform them about their mistake there

[Flyingduck2K]

I've wanted to contact you but it seems that you don't accept PM from noobs ^^
Can you please send me your discord via PM? would be awesome!

[mikeywith]

This does not answer the question, is the verification done manually by humans? is it guaranteed that only 5 mins are required for the transaction? if it's done manually what if you are not online? will the user wait for hours/days/weeks ?

there are many missing details here.

[bitof]

We're using an automated system with an OCR. If it has any problems with a picture, we can verify it manually.
@Flyingduck2K: I can't PM you because I'm a noob either