KoukanExchange | MP/VANILLA/RELOADIT for Bitcoins | Automated | LOWEST FEE

[koukanexchange]

Hey all!

Just writing this to let you all know of a website I recently developed with the help of a member of BitTask (excellent website by the way). The website is nothing specifically "new" but it puts a twist in other ways this has been done before. And also is one of the few up right now. It is difficult to get a BTC debit card but very simple to get a GreenDot card ( https://www.moneypak.com/WhoAccepts.aspx ) and with this service you can transfer the funds from BTC to Fiat.

EDIT : WE HAVE NOW ADDED RELOADIT AND VANILLA RELOAD

Whats so new about this!?:

Currently a lot of people that are exchanging BTC for MoneyPak do it manually which in turn takes in upwards of 12-24 Hours - KoukanExchange has it all automated. At any given time there will be 10-20 MP numbers for "sale" which will be sent to the buyer after 3 confirmations of payment - Less than 30 minutes. We are planning on being around a while - we currently have two $30 MoneyPaks up on the site so that people can gain our trust, I will put up more numbers within 12-24 hours. I encourage any people that are suspicious to buy the 30$ MoneyPak to review the service or inform me of anything I can fix.

Whats the cost?:
We will be getting the price from "BlockChain" and then adding a  fee. That's it! No 5$ on top of everything. Just a flat fee whether you are buying 30$ or 500$! Yes this is extremely cheap - cheaper than most other places so take advantage!
Questions or ideas for us?
Email us at admin@KoukanExchange.com - Or PM me here.


Edit:

FAQ:

What is a 'MoneyPak' and how can I use it?
MoneyPak's are gift cards that are used to reload Prepaid Debit Cards (https://www.moneypak.com/WhoAccepts.aspx). Not only are they able to reload Debit Cards, but you can also add the money to your PayPal account with ease. **YOU ARE ONLY ABLE TO FUND US PAYPAL**

What are the fee's to use your service?
Our service pull the BlockChain.info last price and adds a fee. The price is usually relatively close to the www.Preev.com price.
Current rate is 5% - This is THE LOWEST FEE you will find anywhere!

Why should I buy from you and not from others?
Simply put, we have some of the best customer service around and the best prices around. We have return customers because they appreciate the prompt email communications and cheap fees that they cannot find anywhere else.

I still do not trust you, can I use escrow?
Sure! Please PM me and we can work the escrow out!

I have 5+BTC I want to sell; Can you give me a discount?
Please PM me or Email me at admin@koukanexchange.com if you want to exchange a large amount of Bitcoin - we may be able to work out a better price.


Thank you!
www.KoukanExchange.com

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[koukanexchange]

Sold the first two 30$ MoneyPak's within a day, and the two who bought them should be posting good news when they get on. I just added 11 MP codes to the website.

1- $50
3- $125
1- $300
1- $370
1- $375
1- $440
3- $500

As I am writing this to buy a $500MP from our site it will only cost you BTC4.0165. A pretty great deal if you ask me!

Questions or concerns? Let me know! Admin@KoukanExchange.com

[Droganan]

I HIGHLY vouch this exchange and it is 100% legit. I risked 2.24 BTC and it paid off! I will be using this site in the future for any MP I may need. Thank you so much!

https://blockchain.info/tx/eb8bad005a4fd951c8f2dbfbdf6a0bc2cd3a22d23ef544b626d9eb5f6593f817 for proof of the transaction if needed.

[koukanexchange]

Thanks for taking the "risk" so other can see we are a legit exchange! I will be adding a couple more smaller amount within 5-8 hours.

[sublime5447]

Where are the reviews from the 30 dollar mp?

[KingOfSports]

When a moneypak costs $5 to purchase, and your fee is 7% this would make no sense to buy a moneypak for $30 and offer to sell it on your site. You're only get 2.10 of your $5 fee. This is very suspicious honestly.

[koukanexchange]

I understand your suspicions. I am offering an extremely good deal now to establish good reviews/client base. Also I will not really be selling many low priced MP #'s for that exact reason. The little money lost from selling a couple $30 MoneyPaks is not that big of a deal when those clients that buy the $30 MP buy a $500MP later down the line. The goal is to create rapport with the suspicious customers with the smaller MP. The 30$ MP buyers should be posting today.

[sublime5447]

Okay well let me see what happens with that. You are saying that you will sell MP for btc at 7 percent below mt gox?

[koukanexchange]

It is Blockchain.info plus 7%  not minus. We have sold around 2K worth of MP so far! This is excellent! Thank you everyone of Bitcointalk!! I will add more MP within 12 hours!

[koukanexchange]

Added 5 more MoneyPak's to the site priced between 200 and 410.

[darkmule]

I decided to hold off on a review for a bit because there were a couple minor problems with the site, which however have been fixed.

The automated feature works, and I got a MoneyPak almost instantly after my $30 transaction went through.  There was a minor issue with it that was immediately fixed, and made better to far more than my satisfaction.  Basically, the site owner gave me much more than the MoneyPak I purchased because I did not exploit an error in the site which could have been worth a lot of money to an unethical person.

I've waited to make sure the problem is fixed before reviewing.

The other minor issues, fairly typical of an early rollout, involved there being one digit too many in the amount due generated by the form, causing potential nuisance with the Bitcoin-Qt client and others that don't readily accept so many digits after the decimal point.  All my initial niggling problems were rapidly fixed.

In my opinion, the site seems legit and is willing to address problems immediately with a bug fix.  I think it may be fit to fill the hole left by the disappearance of btcpak.com.

Will buy again.

[koukanexchange]

Thanks for the review Darkmule! As for the too many decimal's, I have found the fix to this and am going to implement this weekend in the site along with a couple other minor bug fixes. I appreciate everyone who has done business with us so far! And especially those who have given suggestions to make our site better!

KoukanExchange

[koukanexchange]

Added some more inventory today. The feedback to this service has been amazing thanks everybody!

Current inventory:
4- $125
1- $185
1- $235
1- $330
1- $385
1- $400
1- $440
3- $500 (Price shows $499 because of a bug that will be fixed soon)

[koukanexchange]

Sold out quickly last night and today. Keep the buying coming, and let all your friends know!
Current inventory:
4- $125
1- $170   
1- $185
1- $220   
1- $230   
2- $300   
1- $485   
5- $500   

KoukanExchange

[koukanexchange]

If you guys want to purchase but are afraid that it may be a scam, let me know! I can add a couple 50$ MP for the weary, just send me a PM or email me at admin@KoukanExchange.com.

[koukanexchange]

We are going to create a REloadit section of our website soon for all of those who would prefer REloadits. As for the MP section we are still running strong and are going to update our merchandise tomorrow.

[koukanexchange]

Added more MP Codes to the site!

1- $125
2- $170
2- $190
1- $250
1- $300
1- $320
1- $485
2- $500

BTC on the site is currently at $122.1

[koukanexchange]

Current Inventory: Going to add a couple more $500 ones soon as well.

2- $360
2- $300
1- $500
1- $485
1- $250
2- $170
2- $190
1- $465
2- $140
1- $125

[Brassguy]

2 transactions processed flawlessly 3 confirmations then moneypak code is given... very painless! Thanks!!

[koukanexchange]

Of course! Glad you like it!

I will be updating the site tonight with more $500 codes.

[Juneteenth]

Of course! Glad you like it!

I will be updating the site tonight with more $500 codes.

I signed up for this site.. just to commend him.. I bought 3 codes from him.. diff amounts and after 3 confirms and its done! He even helped me through email

[Mosper]

What do I do if the requested BTC is too many decimals? Just round up?

[Juneteenth]

What do I do if the requested BTC is too many decimals? Just round up?

round it up.

[Mosper]

Thanks I just started a transaction will report when I have the code.

[koukanexchange]

Yeah that decimal issue is one I have been trying to work on in my free time. Thanks everyone who has used my service! It is being received better than I imagined. If anyone ever has issue also, please just email me @ admin@koukanexchange.com

[Mosper]

How long does it usually take to release the code?

[koukanexchange]

Within a minute after the 3rd confirmation. Usually within 5 seconds.

[Mosper]

Worked for $465 nice site man.

[koukanexchange]

Cool! Glad you like it.

[koukanexchange]

Updated the Original Post with FAQ:

FAQ:

What is a 'MoneyPak' and how can I use it?
MoneyPak's are gift cards that are used to reload Prepaid Debit Cards (https://www.moneypak.com/WhoAccepts.aspx). Not only are they able to reload Debit Cards, but you can also add the money to your PayPal account with ease.

What are the fee's to use your service?
Our service pull the BlockChain.info last price and adds a 7% fee. The price is usually relatively close to the www.Preev.com price.

Why should I buy from you and not from others?
Simply put, we have some of the best customer service around and the best prices around. Look at our 'Trust' page for example; We have return customers because they appreciate the prompt email communications and cheap fees that they cannot find anywhere else.

I still do not trust you, can I use escrow?
Sure! Please PM me and we can work the escrow out!

I have 50+BTC I want to sell; Can you give me a discount?
Please PM me or Email me at admin@koukanexchange.com if you want to exchange a large amount of Bitcoin - we may be able to work out a better price.

[koukanexchange]

I added a lot of MP codes tonight. A bunch between 400-500$ and even put a $20 one in there for if anyone may be skeptical still.

Let me know if you have questions.

[joeyjmr8484]

Wow this site is freaking awesome. Just bought a $125 moneypak and got code in about 20 minutes. TY

[koukanexchange]

Cool, glad you like it!

Also, I received a question about PayPal and just to clarify - our service does not fund your PayPal automatically. If you wish to use our service to fund your PayPal, you will need to enter the code in your PayPal yourself.

Thanks everyone

[koukanexchange]

Also Please note that you are not able to load these codes on any PayPal except a US PayPal.

[koukanexchange]

Added a lot of low amount right now:

6- $150
6- $145
2- $125

One of the codes labeled $150 actually has $155 and one of them labeled 125$ actually has 130$.

Good luck

[koukanexchange]

Added more low dollar codes 6-13.   

[koukanexchange]

Selling like crazy. Will update the site with more ASAP! 

[koukanexchange]

Me too! I actually have used your service on SR a couple times

Loaded the site up with more low level amounts. When these sell I am putting up more of a diverse range.

Thanks

[koukanexchange]

Added more large amounts above $300 get them while they're hot!

[koukanexchange]

Sold out of large level MP's. Will add more tomorrow! Low level ones are up and available for purchase!

[joeyjmr8484]

You guys are awesome. Did 2 more transactions. TY

[koukanexchange]

Thanks! Added more amount up to the site. Sorry about the delay!

[koukanexchange]

Sold out last night - I added more today! All high amounts! I am buying at 102!!! better than most!

[Droganan]

Site is sold out again. Could you add a few low amounts like $20 as well? I sent you an email with that request also. Thanks!

[koukanexchange]

Added more again. Sorry about that! They are getting sold out faster than I can put them on! I will add a lower amount tonight!

www.KoukanExchange.com

[koukanexchange]

Added more MP. $20 one as well. Have multiple 500$ MP on the site. And also a $490.

No registration required. Just click and buy!

[Juneteenth]

Added more MP. $20 one as well. Have multiple 500$ MP on the site. And also a $490.

No registration required. Just click and buy!

darn dude wheres the 20$

[Droganan]

I thought I bought the $20 but the site took my BTC and didn't pay out? Very suspicious and I emailed the owner about this. Will to wait to see what he says...

[Juneteenth]

I thought I bought the $20 but the site took my BTC and didn't pay out? Very suspicious and I emailed the owner about this. Will to wait to see what he says...

did you send the exact amount.. check because if u left off a few cents the system does notice.

[Droganan]

I know how to use the site, bro. Used it many times before. I always send a little over and it said this MP is not available. I was like what the hell?

[Juneteenth]

I know how to use the site, bro. Used it many times before. I always send a little over and it said this MP is not available. I was like what the hell?

oh wow im sure he will fix. i have bought almost 20 btc to date worth

[wildboy211]

I thought I bought the $20 but the site took my BTC and didn't pay out? Very suspicious and I emailed the owner about this. Will to wait to see what he says...

I bought two $20 moneypaks and its telling me the same thing, and i emailed him and yesterday he was responding back within minutes, now he hasnt responded in like 12 hours.

[Droganan]

I thought I bought the $20 but the site took my BTC and didn't pay out? Very suspicious and I emailed the owner about this. Will to wait to see what he says...

I bought two $20 moneypaks and its telling me the same thing, and i emailed him and yesterday he was responding back within minutes, now he hasnt responded in like 12 hours.

Did he mention anything about a refund or manually giving you the moneypak codes? I will keep visiting this thread and doing my best to ruin his business until he pays what is owed!

[wildboy211]

I thought I bought the $20 but the site took my BTC and didn't pay out? Very suspicious and I emailed the owner about this. Will to wait to see what he says...

I bought two $20 moneypaks and its telling me the same thing, and i emailed him and yesterday he was responding back within minutes, now he hasnt responded in like 12 hours.

Did he mention anything about a refund or manually giving you the moneypak codes? I will keep visiting this thread and doing my best to ruin his business until he pays what is owed!

He hasnt responded back at all.

[koukanexchange]

That was my bad! So many people bought the $20 MP at the same time that the system sold it to all of them. My system does not take the MP off the site until the BTC has been confirmed three times, so within those thirty minutes or so you two bought a 20$ MP before my system took it off. I sent you all the code with something extra this morning. Sorry for the delay and/or confusion!

[Droganan]

That was my bad! So many people bought the $20 MP at the same time that the system sold it to all of them. My system does not take the MP off the site until the BTC has been confirmed three times, so within those thirty minutes or so you two bought a 20$ MP before my system took it off. I sent you all the code with something extra this morning. Sorry for the delay and/or confusion!

Got some awesome compensation! Very satisfied! Thank you!

[wildboy211]

That was my bad! So many people bought the $20 MP at the same time that the system sold it to all of them. My system does not take the MP off the site until the BTC has been confirmed three times, so within those thirty minutes or so you two bought a 20$ MP before my system took it off. I sent you all the code with something extra this morning. Sorry for the delay and/or confusion!

Got some awesome compensation! Very satisfied! Thank you!

Same here, ill be back to order more from you koukan

[johnnyfla123]

koukan exchange is the go to service for me ive used it twice so far flawlessly. koukan can i suggest that you modify your system so it pull the moneypak off the list te second it gets a unconfirmed payment while its waiting to be confirmed? it would prevent the $20 one from having problems. like i just read about

[koukanexchange]

Yeah; I am going to look into it.

[koukanexchange]

Selling as fast as I can put them up!! Added more amount today. Have a lot of $500 up. One $30. Priced around 96$. Buy Buy Buy! 

[wildboy211]

Selling as fast as I can put them up!! Added more amount today. Have a lot of $500 up. One $30. Priced around 96$. Buy Buy Buy! 

I think your $95 one is broken...i sent you a email. It tells me that custom orders must be between $2 and $500 when i try to buy it.

[koukanexchange]

Fixed it!

[koukanexchange]

Also just added some MP valued around $100-$300

[koukanexchange]

As per the request of multiple people - I will begin to add more low amounts ($20-$95) each time I add up codes.

[guruvan]

Bought a $185 MP @ BTC2.366 - decent price considering today's market. Code was available after 3 confirmations as advertised. Loaded the code on my card immediately, and had no troubles.

I'll be back I'm sure 

[LastFastRide]

I posted this same post in a different thread..still applies here:
I'm very interested in this service.
It does seem very simple, but what do I do with the code after I receive it?
Basically, how do I load the card?
Sorry for the super newb question.

[koukanexchange]

https://www.moneypak.com/WhoAccepts.aspx

Load to a card, paypal, etc and use it!

[nachi4890]

Added more MP. $20 one as well. Have multiple 500$ MP on the site. And also a $490.

No registration required. Just click and buy!

darn dude wheres the 20$

!!!!!!Juneteenth is a THEIF!!!!

He currently owes me 5.2 btc and stole $429.81 from me July 3rd.

Please do not do business with this THEIF. You will be ripped off as soon as he gets the chance.

Please feel free to PM me and I will be happy to forward along proof

[koukanexchange]

Thats why I have people pay first

[koukanexchange]

Just added a lot of amounts between 120-500. A lot of lower priced ones for people trying to cash out now.

[koukanexchange]

Adding more!

[koukanexchange]

Added more 500$ MPs. Scared that price will fall? Cash out now! There's a lot of 500$ MP up right now. And also a decent amount of lower level MPs.

[koukanexchange]

Added 4 more 500$ codes to the site. Im adding more tomorrow aswell!

[koukanexchange]

Added 5 more $500 codes and a couple low amounts. Buy Buy Buy!!!

[koukanexchange]

Added lower levels today.

[SupSF]

Hi, I've got about 1.3btc I'm trying to sell atm, but I don't see any MP orders that low, do you plan to add anything in the ~$100 range soon?

Thanks

[txlegally]

Juneteenth also stole 1975 USD in moneypak from me.  he claims his account on here was hacked in the 2 hours he solicited my business and took mymoney.   I can't believe the admin is letting this guy work on here.  Hacked his fucking account huh?  Well, if he is too stupid to get a password to withstand a "hacking" then he isn't qualified to trade BTC in the first place.  

Come on admin.  Do your jobs.  This is one of the only places that people consider to be completely above board.   If we have navigate through scammers we might as well just send off for moneypaks on blackmarket reloaded or something.   This site's credibility is in the hands of two bit scammers like juneteenth.

I have the PM's.  I've posted them.  If you believe JT's ridiculous account of the events.... which coincidentally keep occurring then i wll gladly shut the hell up.


And I'm not trolling.  I just used Koukan's service for a $400 trade.  All went well and I'm happy that others continue to report Juneteenth in the process.

[LoveSosa]

Purchased $430 card and got it after three confirms. Very nice service :]

[koukanexchange]

Juneteenth is the same as scammer BTCmank or at least both used same email for my service. And I'm sure he'll be back with a new name soon. Be safe and trade with reputable individuals or use escrow.

Back on topic now - I will be adding more codes tonight/tomorrow - I have been away from the computer for the past two days; just catching on up now.

[koukanexchange]

Added today more low amounts. Still have a handful of 500$ amounts.

[CrazyMiata]

Bought a $500 MP wow talk about smooth and easy!

PROTIP!: You can use greendot.com to create a free account they will instantly give you temporary virtual credit card number, and you can fund immediately. If you goto store you have to wait 7-10 business days for you to receive a personalized card PLUS you're paying $4.95. This way its free and you can use ASAP. Hope this helps took a couple hours of research to figure this out!

[txlegally]

I have used Koukan several times now and it has been VERY reliable.  Usually only takes about 30 minutes.

I was given a moneypak number today that is invalid, but it appears to be a typo.  I'm sure he'll get back to me soon with a remedy.

Only suggestions I'd make (besides maybe doublechecking the pack):

1. Only go out 2 decimals.  Since the smallest moneypaks available are over $200, it can mess with your eyes.  Not to mention some exchangers/wallets don't go out more than 2/3 decimals.   So if you mess up and send 3.113 instead of 3.116.... you can't fix it.      And are we really worried about the 10 or 15 cents?

2. The ability to cancel your order.  Once a mistake is made (like I thought I had more money than I did) you can't cancel.  I feel bad tying up that MP while he waits to manually cancel.   Although that is really a problem for him and not me.  Still, like to keep  it "square business."


Other than, this is pretty much as good as BTCPak was while it lasted.  And cheaper too.

Thanks Koukan.  I'll wait to hear from you on this $280 MP typo.

Peace.

TXLegally



Beware of the Juneteenth and all his usernames.  Always, Always operate in Escrow and do a thorough search of the username.

[darkmule]

I have used Koukan several times now and it has been VERY reliable.  Usually only takes about 30 minutes.

I was given a moneypak number today that is invalid, but it appears to be a typo.  I'm sure he'll get back to me soon with a remedy.

Very responsive admin and has never taken me more than a few hours.

Once accidentally sent me a $1,000 MP when I'd just purchased a $30 one.  Since I'm not a thief, I didn't cash it in, but the guy actually sent me a $180 MP instead.  So far as I can tell, this site is completely legit.

[koukanexchange]

Hey thanks both of you guys! And just for everyone's info I fixed txlegally's problems - I forgot a digit when inputting the code; Oops! And that is a great tip CrazyMiata!

Anyway I added more amounts this morning including a $550 amount. I will add more tomorrow as well.

Thanks for the continued support from everyone!

[koukanexchange]

Posted a lot more amounts below 500$. Buy them while they last. Will add more tomorrow.

[koukanexchange]

Sold out again! I have the best price for selling your BTC. Added more amounts today!

[MoneypakTrader.com]

Sold out again! I have the best price for selling your BTC. Added more amounts today!

I agree, Haven't seen another Fully Automated service that does this cheaper since BTCPak went under.

[koukanexchange]

Thanks man! I try to have competitive prices!!

[koukanexchange]

Sold out again - Added more today!

[koukanexchange]

Added more! A lot of high levels now.

[koukanexchange]

I added more today. My prices are still at GOX - higher than most - You save money!

Most I added are high amounts too!

[koukanexchange]

Just updating you all to say we are developing a new site!

VanillaForBitcoin.com will allow users to purchase Vanilla Reloads for their BitCoins. It will be run by us so expect the same great customer service and excellent prices. We will be LIVE within a day or so.

[koukanexchange]

Added more amounts this morning. A lot lower amounts due to high request.

[koukanexchange]

Added more!

[darkmule]

Just did another buy for a $195 MoneyPak.  Immediate success.  Site is operating smoothly and reliably.

[koukanexchange]

Thanks! I am having some hiccups along the way but nothing major! Glad you like it! Going to be adding more tonight.

[txlegally]

i anxiously await your MP refills

[koukanexchange]

Added more right about now. Sorry for the delays everyone, been working on multiple projects that have been taking my time this weekend.

[Tejh]

I ordered and I send 0.001 btc short but i have 0.06 in my btc-e but i can't send it because of btc-e's policies.  can we work this out koukan?

[Unacceptable]

Great service!! Just got a $270 MP & took about 20 minutes or so,very easy too  

Thanks!!!

Give these guys some Trust points people!!! 

[peonminer]

Whats so new about this!?:

Currently a lot of people that are exchanging BTC for MoneyPak do it manually which in turn takes in upwards of 12-24 Hours - KoukanExchange has it all automated. At any given time there will be 10-20 MP numbers for "sale" which will be sent to the buyer after 3 confirmations of payment - Less than 30 minutes.

I just purchased a $170 MoneyPak and got this message AFTER the site let me order and get to the confirmation page stating I would have my code after 3 confirmations!

Sorry we dont have a card worth 170 in stock, We will get one ASAP and email you at cxxxxxxxx.exxxx@gmail.com within 24 hours - Please email us if you receive this message!

I sent an email to support. This MoneyPak is time sensitive for me and I used your service because of the above quote stating it is FULLY AUTOMATIC and Stocked with MoneyPaks that will be delivered upon payment! Why do you have MoneyPaks listed that aren't there yet?? Please send me my code ASAP.

[peonminer]

Koukanexchange,

Please respond and fix the error of the $170 MoneyPak lack of inventory to fill my order. After reviewing this thread in detail I have full faith in you and your delivery of services and MoneyPak codes. I will continue to do business with you for a long time as long as this matter is taken care of. I appreciate your services for the community and look forward to future business with you.

[koukanexchange]

I added your code and hooked you up with some extra cash. What happened was two people bought the same code and sent the funds within 5 minutes of each other. My system doesn't lock the code until three confirmations of payment.


Added more today!

[peonminer]

THANK YOU KOUKAN!!!! Fantastic dealer. I will do business with you again!!! Highly recommended to anyone needing to cash in those hard earned BTC!!!

This is an honest business man! Easy to deal with! I was even reimbursed for my wait Thanks again Koukan.

[IcedChai]

Just tried this today! The service works great!

THANK YOU KOUKAN!!!! Fantastic dealer. I will do business with you again!!! Highly recommended to anyone needing to cash in those hard earned BTC!!!

This is an honest business man! Easy to deal with! I was even reimbursed for my wait Thanks again Koukan.

[koukanexchange]

Added more!

[johnnyfla123]

I added your code and hooked you up with some extra cash. What happened was two people bought the same code and sent the funds within 5 minutes of each other. My system doesn't lock the code until three confirmations of payment.


Added more today!

That seems to be tha flaw in the whole system I dont know if this has been mentioned before but it should be changed so that once you send the first payment, unconfirmed it takes it off the list. Than doesnt release the codes until its confirmed. If within 24 hours the payment isnt 100% complete it will put the code back into the list.

[koukanexchange]

Yeah I am looking into doing that. Added a few more up today/

[koukanexchange]

Added more this morning.

[boogiedown]

can u add small amounts.. like 20 35 50 ish

[peonminer]

can u add small amounts.. like 20 35 50 ish

+1!!!

[johnnyfla123]

can u add small amounts.. like 20 35 50 ish

He prob does but
1. they sell like hot cakes
2. he has the sorta bug with the double buy at once thing going one which is more likely to happen at lower amounts
3. he makes more money with higher amounts so why do lower ones? He has to pay a $5 for every money pack he buys. so a 20,35,50 isn't worth it wen he can buy 1 $200 one and have that sell, make the $5 he put into the pack + interest from the 7%.

[koukanexchange]

Exactly. I usually will lose money with the lower amount and when I do put them up they sell extremely fast. I will add a couple up next time I add though just for you guys!

I added more this morning too a lot of amounts around 100-300$.

[Unacceptable]

Another fantastic transaction,last night!!!  

Thanks!! Keep up the good work man!!  

[johnnyfla123]

Exactly. I usually will lose money with the lower amount and when I do put them up they sell extremely fast. I will add a couple up next time I add though just for you guys!

I added more this morning too a lot of amounts around 100-300$.

The $100 amounts closer to 1 BTC is a more go to for people. at least for me. If my math is correct you make $2.05 profit from a $100 pack you put up. So as i see it $100 would be your lowest realistic price you can go and still get a profit.

[peonminer]

Sold out :-P

[koukanexchange]

Yeah - I put small amounts up time to time just for new people. Anyway I am adding more as we speak.

[koukanexchange]

I added more. As of today I am going to be putting double the amounts of codes on the site. Within a month I will triple the amount I add.

[peonminer]

Thanks KouKan! IDK how you're able to make it work with such a low fee please don't stop though! lol!

[koukanexchange]

Added about 20 or so codes today.

[tiptopgemdotcom]

I bought a $500 moneypak but it didn't seem to work.  There seems to be a discrepancy at the 9th decimal place.  I am sure I sent the right amount because I copied it right off of the order form and pasted it into the field on blockchain.info.  Any ideas?

[hackattack2077]

Koukan thanks again for the 500 dollar mpak last night. Fast and easy. +1

[koukanexchange]

Tiptop - you sent the right amount. You simply have to wait for three confirmations. And Hack - you're welcome!

[tiptopgemdotcom]

Got my code- thank you Koukan!

[koukanexchange]

Added 14 more codes! Also I am selling Vanilla and Netspend cards via PM!!!

[tiptopgemdotcom]

You are 19% below MtGox for a $500 Moneypak.  Any plan to adjust to your previous rate?


Also, how do you figure your rate?

[peonminer]

Hey all!

Just writing this to let you all know of a website I recently developed with the help of a member of BitTask (excellent website by the way). The website is nothing specifically "new" but it puts a twist in other ways this has been done before. And also is one of the few up right now. It is difficult to get a BTC debit card but very simple to get a GreenDot card ( https://www.moneypak.com/WhoAccepts.aspx ) and with this service for only a 7% fee you can transfer the funds from BTC to Fiat.

Whats the cost?:
We will be getting the price from "BlockChain" and then adding a 7% fee. That's it! No 5$ on top of everything. Just a 7% flat fee whether you are buying 30$ or 500$! Yes this is extremely cheap - cheaper than most other places so take advantage!
Questions or ideas for us?
Email us at Support@KoukanExchange.com - Or PM me here.


Edit:

FAQ:

What is a 'MoneyPak' and how can I use it?
MoneyPak's are gift cards that are used to reload Prepaid Debit Cards (https://www.moneypak.com/WhoAccepts.aspx). Not only are they able to reload Debit Cards, but you can also add the money to your PayPal account with ease. **YOU ARE ONLY ABLE TO FUND US PAYPAL**

What are the fee's to use your service?
Our service pull the BlockChain.info last price and adds a 7% fee. The price is usually relatively close to the www.Preev.com price.



Thank you!
www.KoukanExchange.com

Tiptop, please refer to this quote from the OP.

Also, Koukan, could you elaborate on

**YOU ARE ONLY ABLE TO FUND US PAYPAL**

?

[johnnyfla123]

Hey all!

Just writing this to let you all know of a website I recently developed with the help of a member of BitTask (excellent website by the way). The website is nothing specifically "new" but it puts a twist in other ways this has been done before. And also is one of the few up right now. It is difficult to get a BTC debit card but very simple to get a GreenDot card ( https://www.moneypak.com/WhoAccepts.aspx ) and with this service for only a 7% fee you can transfer the funds from BTC to Fiat.

Whats the cost?:
We will be getting the price from "BlockChain" and then adding a 7% fee. That's it! No 5$ on top of everything. Just a 7% flat fee whether you are buying 30$ or 500$! Yes this is extremely cheap - cheaper than most other places so take advantage!
Questions or ideas for us?
Email us at Support@KoukanExchange.com - Or PM me here.


Edit:

FAQ:

What is a 'MoneyPak' and how can I use it?
MoneyPak's are gift cards that are used to reload Prepaid Debit Cards (https://www.moneypak.com/WhoAccepts.aspx). Not only are they able to reload Debit Cards, but you can also add the money to your PayPal account with ease. **YOU ARE ONLY ABLE TO FUND US PAYPAL**

What are the fee's to use your service?
Our service pull the BlockChain.info last price and adds a 7% fee. The price is usually relatively close to the www.Preev.com price.



Thank you!
www.KoukanExchange.com

Tiptop, please refer to this quote from the OP.

Also, Koukan, could you elaborate on

**YOU ARE ONLY ABLE TO FUND US PAYPAL**

?

its a typo. I he/she means " You are only able to fund using paypal"

Although you should only use moneypak codes to add a paypal balance or to add funds to a greendot prepaid card.

[tiptopgemdotcom]

I don't understand how I could buy a $500 moneypak for $547 one day, and the next day a $500 moneypak costs $650.  I saw that the OP refers to his rate being "close to" preev.com, but this doesn't account for the difference.

Right now Preev is 111.40 and Mtgox is 111.42.  Where is this "blockchain last" price?

[koukanexchange]

You can only fund U.S (United States of America) Paypal with MP codes no other country. And when there was not such a HUGE difference between GOX and the other exchanges; that statement was true about it being close to PREEV. I made that statement months ago; and it was true up until GOX was a huge 15% away from any other exchange. Not many people trade by GOX standards anymore because you can pull money out of GOX.

Like it says though the price is calculated using the BlockChain price 7% fee. No witchcraft or magic done to make the price artificially high. Do the math; it will add up.

This has been the price mechanism the entire time we have been open for business, I will reevaluate the price and may start to go by BitStamp prices or CoinBase prices, but each of those are BELOW the BlockChain price - so even if I did that I would end up charging more. I would love to go by GOX standards; but if I got the coins and threw them up for sale of GOX I would have to wait God knows how long to get Fiat out. Whereas if I got the coins and threw them up on CoinBase I would only have to wait 3-5 days for the wire transfer to come in. At a 7% fee below BlockChain I make ~6$ on every $100 sold minus the $4.95 to purchase the codes in the first place. I am not making $150 on a $500 code.

Plain and simple; to run this business with success, I can not go by MtGox pricing because while their price may be higher there is no way for me to actually get my coin into fiat with Gox.

[koukanexchange]

And Preev.com pulls its price from Gox.

[tiptopgemdotcom]

Again, where is this "blockchain" price???

I have used blockchain.info for at least 18 months.  Since I read this thread, I have clicked around and I don't see such a price anywhere.  I do see a "market" tab on the top of the site but the link has been down for at least two days.

I WANT you to make a profit, and I understand that nobody is getting money out of gox.  That is the whole reason I am here in this section of the forum. 

[CrazyMiata]

Again, where is this "blockchain" price???

I have used blockchain.info for at least 18 months.  Since I read this thread, I have clicked around and I don't see such a price anywhere.  I do see a "market" tab on the top of the site but the link has been down for at least two days.

I WANT you to make a profit, and I understand that nobody is getting money out of gox.  That is the whole reason I am here in this section of the forum. 

Unfortunately Blockchain.info no longer gets its price from Mt.Gox  kind of stinks for a lot of buyers who go by Gox. but I understand where OP is coming from. I will have to evaluate and see what I do.

[koukanexchange]

Again, where is this "blockchain" price???

I have used blockchain.info for at least 18 months.  Since I read this thread, I have clicked around and I don't see such a price anywhere.  I do see a "market" tab on the top of the site but the link has been down for at least two days.

I WANT you to make a profit, and I understand that nobody is getting money out of gox.  That is the whole reason I am here in this section of the forum. 

Log onto your BlockChain account --> Click "Sent Money" --> Scroll down it should be on the bottom left.

It is also found at "https://blockchain.info/ticker"

[tiptopgemdotcom]

It's bitstamp price then.  Or it is just a coincidence that they match exactly right now.

[koukanexchange]

Hell, Preev just changed their default to Bitstamp as well. I am adding more codes tomorrow - I have been busy working on another design

[peonminer]

Koukan, can we get an official response? Are you registered as a money transmitter, in lei of the recent happenings a lot of users may become weary if you are not.

[User705]

Koukan, can we get an official response? Are you registered as a money transmitter, in lei of the recent happenings a lot of users may become weary if you are not.

Why would he need to since he isn't dealing with fiat exchange?  I thought selling items for BTC is not something you need to register for YET.

[Droganan]

Add more MP to this site as well as vanillaforbitcoin.com already! I demand it!

[koukanexchange]

I added more! And as of right this moment I will sell Vanilla via PM the V4BTC site is on back burning for a week.

And in question about me registering as a MSB... Hell no. I am not registered and will never be registered. I do not want to collect peoples information and report of them if they purchase a large amount. That's ridiculous to me; it is not the governments business to know. I am open to anyone and everyone. And will NEVER comply with the United States or any other government or agency. I believe in privacy, great customer service, and great rates.

My number one priority is to let the users of my website cash out securely and privately - away from the eyes of the government if that is what they wish.

If anyone wishes to communicate privately with me; please send a PGP encrypted message.

-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: GnuPG v2.0.20 (MingW32)

mQENBFGzbj4BCADXhJ4h77RFIY17LuPyuDNIk6rCdFVf4htmist8h7So0dThmMMo
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XRLRxyaf3yWRet+iHZXIOKpgiUBTxsYM8kh9wZBf5/kuySl7FORc8VWO83dz1/O1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==
=DpFi
-----END PGP PUBLIC KEY BLOCK-----

[Maui]

I've been waiting for you all day.

[johnnyfla123]

I added more! And as of right this moment I will sell Vanilla via PM the V4BTC site is on back burning for a week.

And in question about me registering as a MSB... Hell no. I am not registered and will never be registered. I do not want to collect peoples information and report of them if they purchase a large amount. That's ridiculous to me; it is not the governments business to know. I am open to anyone and everyone. And will NEVER comply with the United States or any other government or agency. I believe in privacy, great customer service, and great rates.

My number one priority is to let the users of my website cash out securely and privately - away from the eyes of the government if that is what they wish.

If anyone wishes to communicate privately with me; please send a PGP encrypted message.

-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: GnuPG v2.0.20 (MingW32)

mQENBFGzbj4BCADXhJ4h77RFIY17LuPyuDNIk6rCdFVf4htmist8h7So0dThmMMo
4eCsoRqb7XxaUzk76iRkS/awHO1c7ikglGjOxDgEY30WRuJgTC0ML7GSBoUHwNFO
XRLRxyaf3yWRet+iHZXIOKpgiUBTxsYM8kh9wZBf5/kuySl7FORc8VWO83dz1/O1
0PxyOJJeus5qqeVJjTj2KSCXdZcLK22sOcyB3v1deWxPufTxSYJtdoswCwc3Yrse
jWIxdV9+PtVsDSLayMT06CPBZqfnujQf51QgFsSCDvLNcHmwaz9nwjTgz6veXktb
4XBtY/12AjlKdKLXf2zPF0Tq2OH4DV6W/biPABEBAAG0IEJyaWFuIDxhZG1pbkBr
b3VrYW5leGNoYW5nZS5jb20+iQE5BBMBAgAjBQJRs24+AhsPBwsJCAcDAgEGFQgC
CQoLBBYCAwECHgECF4AACgkQthOuzS+PomvMxgf/QASIXq+o9iF+RBMECw6ESRSq
swULmXoH/lfH0pmhAzUqNf1KvwHVLvqeHE6alptXRoF3bqSYiwMCBG/GAeE2lRna
kvJzOlFFyEuG1zNxobuggDaX0hzVcmRddMAvcyAQKXig9LCjjGdkah5XsA4U4Unj
pUEk2RRTE1W2JX8zV7X2FlYs5h258L8K86QHNkcE+otZmpNOL4pLUM2VpzZwkN24
emoLV+yoM5rdGn2Tbntc30xOWTl4XcnYJTcKVxzzNvWDF91h+dLteaVBLWO3nGGd
/j6hglpNEhRHV+RRZhhHHLg9287QgNNGr10OWIVui7c5irXaIqR850VctdWrfg==
=DpFi
-----END PGP PUBLIC KEY BLOCK-----

The only thing that would get kind of sketch is when you change your coins collected back into dollar. than use dollar to buy mp than goes to coin and back to bank. After awhile they will be like um... and come knocking. Although koukan could just use tor to connect to his webservers, fake info on the domain purchase and stuff of that nature to protect himself. Although it isnt "legal" to trade mp's for bitcoins, its a grey area.

[wildboy211]

Koukan - when are you going to add more moneypaks to your site...i need one ASAP!

[koukanexchange]

I will add more tomorrow morning. I have been super busy with personal projects. Maui I will PM you.

[koukanexchange]

Long wait, but I added more !!1

[koukanexchange]

Added more today! Some under $100 for you guys.

[peonminer]

I added more! And as of right this moment I will sell Vanilla via PM the V4BTC site is on back burning for a week.

And in question about me registering as a MSB... Hell no. I am not registered and will never be registered. I do not want to collect peoples information and report of them if they purchase a large amount. That's ridiculous to me; it is not the governments business to know. I am open to anyone and everyone. And will NEVER comply with the United States or any other government or agency. I believe in privacy, great customer service, and great rates.

My number one priority is to let the users of my website cash out securely and privately - away from the eyes of the government if that is what they wish.

If anyone wishes to communicate privately with me; please send a PGP encrypted message.

-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: GnuPG v2.0.20 (MingW32)

mQENBFGzbj4BCADXhJ4h77RFIY17LuPyuDNIk6rCdFVf4htmist8h7So0dThmMMo
4eCsoRqb7XxaUzk76iRkS/awHO1c7ikglGjOxDgEY30WRuJgTC0ML7GSBoUHwNFO
XRLRxyaf3yWRet+iHZXIOKpgiUBTxsYM8kh9wZBf5/kuySl7FORc8VWO83dz1/O1
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4XBtY/12AjlKdKLXf2zPF0Tq2OH4DV6W/biPABEBAAG0IEJyaWFuIDxhZG1pbkBr
b3VrYW5leGNoYW5nZS5jb20+iQE5BBMBAgAjBQJRs24+AhsPBwsJCAcDAgEGFQgC
CQoLBBYCAwECHgECF4AACgkQthOuzS+PomvMxgf/QASIXq+o9iF+RBMECw6ESRSq
swULmXoH/lfH0pmhAzUqNf1KvwHVLvqeHE6alptXRoF3bqSYiwMCBG/GAeE2lRna
kvJzOlFFyEuG1zNxobuggDaX0hzVcmRddMAvcyAQKXig9LCjjGdkah5XsA4U4Unj
pUEk2RRTE1W2JX8zV7X2FlYs5h258L8K86QHNkcE+otZmpNOL4pLUM2VpzZwkN24
emoLV+yoM5rdGn2Tbntc30xOWTl4XcnYJTcKVxzzNvWDF91h+dLteaVBLWO3nGGd
/j6hglpNEhRHV+RRZhhHHLg9287QgNNGr10OWIVui7c5irXaIqR850VctdWrfg==
=DpFi
-----END PGP PUBLIC KEY BLOCK-----

Muahahaha. Your solid answer ROCKS!

[koukanexchange]

Down until further notice.

[MoneypakTrader.com]

That sucks, there's still so many people that want MPs but refuse to use TorChat and buy them from me in real time at the mtgox rate. . .

[CrazyMiata]

Damn I had an  issue with an order how do i contact him his site's contact form doesnt work and i sent a pm yesterday. I've use his service over ten times with no issues

[edit]
moneypak works have issues on my side!

[firefop]

That sucks, there's still so many people that want MPs but refuse to use TorChat and buy them from me in real time at the mtgox rate. . .

I'm waiting around to buy some myself. I don't do 'live' transactions. Now if you had a tor hidden site running where I could go and deal with a website rather than a person I'd be all about buying from you.

@koukan - when will you have more up... you always seem to be out when I'm ready to buy... Have you thought about taking orders? Maybe have an order submission so we could request some amount and be notified once you've put it up?

[koukanexchange]

I'm back up! Just added around 15 codes! Come in and buy some from us!

[koukanexchange]

Up! If anyone has questions or concerns please post them here or email us @ admin@koukanexchange.com

Thanks!

[Unacceptable]

Welcome back,I'll try your service again tonite 

[koukanexchange]

More added. A decent amount of high and low level codes. 

[koukanexchange]

Just added a lot of codes under $300. And some under $100. But still have a lot of high dollar amount codes for sale

[jerkchicken]

I bought a $210 mp and everything went well. Thanks 

[koukanexchange]

Adding more as we speak. Also PM for REloadits. I have a lot for sale!

[koukanexchange]

Added a lot of $500 codes. Purchase before they're gone!

[Maidak]

So I sent 0.45927 for a code its got 1 confirmation the system told me to send 0.459269669 I wasen't able to do that so I just rounded it up. I'm not sure if that is going to glitch with the api for not receiving exact amount or not but need this code asap.

[jerkchicken]

please add some $20-50 codes. Thanks

[yellowcoin]

I take it there has been issues with the website...

[lovem]

Your site has some errors "Internal Server Error".

[yellowcoin]

no news i think they are dead now

wanted to exchange some btc too....

[MoneypakTrader.com]

They only went one way though, right? selling mp's.

[110240]

is the site still working?

[koukanexchange]

KoukanExchange is back!!! We never had a single unsatisfied customer during our time of operation.

I will be uploading many codes over the next few days! Right now our rate is blockchain.info price + 5% THAT IS THE LOWEST PRICE YOU WILL FIND ANYWHERE!!