Loan Request: $240 BTC (Collateral: $247 Amazon.com Balance)

[Sam2]

​Hello

​I am requesting a $240 BTC loan with the following terms:
​
Loan: $240 (paid in BTC)

​My BTC Address: bc1qernvnyuvyth6u7lfx9tnf0rhyp09qgcd52hz93
​
Repayment: $247 (paid in BTC)
​
Due Date: 22/12/2025

Collateral:
I offer my $247 Amazon.com account balance as collateral.
​Agreement:

If I fail to repay, I will purchase $247 in Amazon items or digital gift products of your choice. I can provide a timestamped screenshot or screen recording of my balance for verification.
​
​Thank you for your consideration.

[Zwei]

Collateral:
I offer my $247 Amazon.com account balance as collateral.
​Agreement:

If I fail to repay, I will purchase $247 in Amazon items or digital gift products of your choice. I can provide a timestamped screenshot or screen recording of my balance for verification.

balance on an amazon is not a valid collateral, no one is going to give you a loan for that.
what's stopping you from just taking the bitcoin and not purchasing anything if you fail to repay?

if you need the money, and you are not not just out here trying to scam, buy something with the balance and resell it for cash.

[Charles-Tim]

if you need the money, and you are not not just out here trying to scam, buy something with the balance and resell it for cash.

I have used many shopping sites before but I only have Amazon account without using it till this day. On the shopping sites that I am using, I can withdraw any money that I funded the account with. I do not necessarily need to buy something with the money but send it back to my bank account instead. Are you sure Amazon is not like this? I m using three different sites that I can withdraw the money.

Edit:

Is this not correct?

Yes, you can withdraw funds from your Amazon account to your bank, but the process depends on the source of the funds. If you have a balance in Amazon Pay, you can transfer it to a linked bank account after completing verification. If you have a gift card balance, you cannot directly withdraw it to your bank, but you can redeem it into your Amazon Pay balance and then transfer it.

Some people are not here to borrow money but they are here to scam.

[Zwei]

if you need the money, and you are not not just out here trying to scam, buy something with the balance and resell it for cash.

I have used many shopping sites before but I only have Amazon account without using it till this day. On the shopping sites that I am using, I can withdraw any money that I funded the account with. I do not necessarily need to buy something with the money but send it back to my bank account instead. Are you sure Amazon is not like this? I m using three different sites that I can withdraw the money.

at least for me, there is no such option on my amazon.com account.

Is this not correct?

Yes, you can withdraw funds from your Amazon account to your bank, but the process depends on the source of the funds. If you have a balance in Amazon Pay, you can transfer it to a linked bank account after completing verification. If you have a gift card balance, you cannot directly withdraw it to your bank, but you can redeem it into your Amazon Pay balance and then transfer it.

i don't use amazon pay, so i can't really verify that.

but from what chatgpt told me, you can't withdraw gift cards balance at all, only top up or refund balance can be withdrawn, and only in india (maybe a few other regions too).
the US, UK, and EU, and other places, it's not possible as amazon pay doesn't act as a wallet there.

[Sam2]

Bro i won't purchase anything from that balance because it's USA amazon.com balance and even If I try to order any thing its gonna charge me a very high custom charges so it's not worthy for me however if the lending is from USA or near by country the charges are almost negotiable. However I'm gonna repay the loan but incase I couldn't definately the lender can recover his loan amount with interest as i mentioned early .
I don't have any intension to scan I just offer the best collateral which I have for now .

[Bitcoin Smith]

~
i don't use amazon pay, so i can't really verify that.

but from what chatgpt told me, you can't withdraw gift cards balance at all, only top up or refund balance can be withdrawn, and only in india (maybe a few other regions too).

In India Amazon got wallet feature where user can top up the wallet with INR and also can withdraw INR back to the bank account while there is restriction how much they can add into their wallet, and there is separate gift card balance which can't be withdrawn, only used to pay bills or can be used while purchasing.

[Sam2]

Collateral:
I offer my $247 Amazon.com account balance as collateral.
​Agreement:

If I fail to repay, I will purchase $247 in Amazon items or digital gift products of your choice. I can provide a timestamped screenshot or screen recording of my balance for verification.

balance on an amazon is not a valid collateral, no one is going to give you a loan for that.
what's stopping you from just taking the bitcoin and not purchasing anything if you fail to repay?

if you need the money, and you are not not just out here trying to scam, buy something with the balance and resell it for cash.

I can definitely purchase with my amazon.com.gift card balance but I won't make a purchase for my self because it would be a loss due to high custom charges . If I could do that then why would i need a loan ?? . Now if the lender is near by or his USA based then the charges are negotiable for him .

[Zwei]

Bro i won't purchase anything from that balance because it's USA amazon.com balance and even If I try to order any thing its gonna charge me a very high custom charges so it's not worthy for me however if the lending is from USA or near by country the charges are almost negotiable. However I'm gonna repay the loan but incase I couldn't definately the lender can recover his loan amount with interest as i mentioned early .
I don't have any intension to scan I just offer the best collateral which I have for now .

it doesn't matter. your amazon gift card balance is not a valid collateral. no one here is going to give you a loan for that, so don't even bother.
your best bet is to find someone who wants to buy something from amazon and get it for them in exchange for crypto at a discount.

[JeromeTash]

OP have you considered buying Bitcoin using that Amazon balance?
I have seen gift card orders/offers for Bitcoin and other cryptos in a few P2P platforms. You might check them out and see if they are favorable offers.

This could be a much easier way of you getting Bitcoin vs trying to acquire a loan from here given the status of your account.