CardxCoin is the easiest way to get started with popular cryptocurrencies like Bitcoin. Enter Your Card Info Choose the type of gift card you have, and enter the gift card number and pin. We do not store or use this information until you have accepted our offer. Anyiwest Exchange is a Bitcoin and Gift Card trading firm based in Nigerian with our services cut across Africa, with over 72, completed transactions since commencment of operation. We are no doubt the fastest growing peer to peer exchange firm in sub-saharan Africa. Nov 23, · A Federal Trade Commission bulletin in May warned Americans of an epidemic of gift card fraud. Specifically, the FTC highlighted callers claiming to be with the IRS or a .
Trade gift cards for bitcoinsTop 10 Sites to Buy and Sell Gift Cards via Bitcoin
This is a wildly Rube Goldberg sort of operation, and it only works because so many people who want bitcoin have trouble buying it. If this were merely because bitcoin is rare and hard to find, that would be fine. This makes no sense. With competition like this, there should be no special problem buying bitcoin for a small brokerage fee if you have the ready cash to do so. But why would holders of bitcoin be unwilling to sell it for dollars at the going price? In any normal market, buyers and sellers would be established, the price would fluctuate a bit on a daily basis as bids and offers were matched up, and the market would clear.
This is, I admit, a tiny pebble in the mountain of evidence that bitcoin is fundamentally a fraud, with specific groups controlling the whole thing. But every mountain is built on small pebbles like this.
Kevin Drum. Tim Murphy. Wendi C. Dan Friedman and David Corn. American Civil Liberties Union. Yvette Cabrera. Daniel Moattar. Jacob Rosenberg. Michael Mechanic. Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.
We're a nonprofit so it's tax-deductible , and reader support makes up about two-thirds of our budget. We noticed you have an ad blocker on. Subscribe to our magazine. Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.
Lunchtime Photo Kevin Drum. Creating an account on Paxful you will need;. Identification card for verification. This is not compulsory, But Verifying your account will enable you trade and sell on Paxful without limit. The payment options on Paxful make it the best platform to trade your Giftcards for money or bitcoin. Trading on Paxful is very easy and simple. Trading on Paxful you do not have to be a pro or an I. T specialist.
The Dashing looks welcoming that make accessing the platform easy, simple and comfortable. And also has an escrow system that will keep your bitcoin safe from scammer when trading. And even if you feel you are scammed or cheated on, you can form a dispute and the Paxful support team member will settle the dispute and award the bitcoin o the rightful owner. Select your payment option.
You will select Giftcard since that what you want to trade for money. Nb: Always trading on Paxful my pro Tip is to read about the Vendor and his past trade if you see more than 10 negative feedback do not trade with the person. It a scammer that has to create that profile luring people he is legit or something else. Nb: When selling your Bitcoin for money do not release bitcoin as soon as the buyer says he has made the payment, Check your account balance before or wait for an alert. After you see your account is loaded or you get an alert which is a legit alert.
You Then Release Bitcoin to the buyer. You do not require any skills or be genius Paxful can be accessed by anybody from any part of the world. Withdrawing is also made easy and simple. Paxful has an escrow system that holds Bitcoin anytime individuals agree to go into a trade on their platform. This escrow makes sure there is no Gift card scams nor Bitcoin scams.
Once you feel you have been cheated on Paxful you can file a dispute and bring out proves and the issue will be settled by one of Paxful support team members. You can join the Paxful community if you have any problem ask your question the platform and you will be answered.
Paxful also has a support team that assists its users in aspects of their accounts details, Trades and even Information. This team also help to reduce the scam rate on the platform. On Paxful there are lots of scams here and there, You have to be vigilant when trading on Paxful that is why there is an escrow to help protect innocent ones trading on their platform.
I myself I trade on Paxful and I have across a lot of people who come from Africa and Asia trying to scam me. You just have to be smart don't their small lies trick you and put in mind do not trust anybody or information you see on the internet wholeheartedly. You might change your location and you will find it a bit difficult to log into your account because of the little change.
You have to pass through lots of processes to get your account back.