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Bitcoin Forum > Economy > Trading Discussion > is the existing gift cards on localbitcoins legit?
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iliair110 (OP)
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June 17, 2016, 03:05:31 PM
 #1
hi every one
i want to buy gift cards from localbitcoins or paxful andi not have any idea is it legit or not,please guide me.
i know this key is valid and original but i dont like to be part of illegal activity like:fraud and stolen card,drug and illegal porn and ...
i like this codes but you never can buy a code with this price even in wholesae websites
sorry for bad english Smiley
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BitcoinHodler
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June 17, 2016, 03:52:28 PM
 #2
i have never done it myself but i think it is so risky to buy from these places because the possibility of those gift cards being bought with illegal money is very high.

they could have bought those with stolen money like jacked credit cards and sell it to you for bitcoin and launder the money this way.
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June 17, 2016, 07:42:20 PM
 #3
Buying gift cards online is risky.
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davis196
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June 18, 2016, 12:56:00 PM
 #4
Quote from: iliair110 on June 17, 2016, 03:05:31 PM
hi every one
i want to buy gift cards from localbitcoins or paxful andi not have any idea is it legit or not,please guide me.
i know this key is valid and original but i dont like to be part of illegal activity like:fraud and stolen card,drug and illegal porn and ...
i like this codes but you never can buy a code with this price even in wholesae websites
sorry for bad english Smiley


So you want to buy giftcards using btc.The whole idea of buying and selling giftcards is a bit illegal,but who

cares,everyone is trading giftcards,even here. Grin

I don`t think i understand your post.What help exactly do you need?
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erpbridge
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June 18, 2016, 01:54:35 PM
 #5
The only thing I would recommend with buying gift cards on localbitcoins would be to buy only smaller amount denominations of gift cards, and buy only from trusted traders.
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June 18, 2016, 02:03:33 PM
 #6
You should only buy from trusted sellers then you should
be on the safe side, but there will always be some risk to it
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June 18, 2016, 02:05:39 PM
 #7
i know about all the risks but does anyone know or has anyone had any success in selling their BTC for gift cards like vanilla visa gift card or even the paypal reload things? i found a guide with all the steps, pic of receipt, cash only etc. but is there still away for the money to be used or taken back after i release my BTC?
iliair110 (OP)
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June 21, 2016, 11:37:22 AM
 #8
hi
as i know vanila card and credit card or paypal is very very risky and often chargeback Grin
thanks every one  for helping Cheesy
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