[Flipping] Purse.io making easy money

[Teh Canadian]

Hey all,

I just wanted to share something I've started to do to make some easy side money. I stumbled across this by chance in the last 3-4 months. Please note that the money I save/make is used on Amazon for items in the long run. However; you could in theory keep flipping it to turn your cryptocurrency into even more profits.

The process is very easy and uses the platform purse.io. If you are not familiar with the platform it allows people with cryptocurrency (Bitcoin and Bitcoin Cash) to buy items on Amazon (United States, Canada, Japan and United Kingdom) for 5-33% cheaper then listed price.

I've been using this site to my advantage for the past couple of months, and made about $2,000 dollars profit, which I ended up buying a computer parts for a new computer.

It's very simple.

1. Create a 'SHOP' purchase on purse.io for any item for 33% off. (You offer up your Bitcoin or Bitcoin Cash for an item. A person buys it for you for that cryptocurrency)
2. When item is received leave buyer review and confirm delivery.
3. Request product return directly to Amazon. You will need order # provided by Purse.io
4. Mail back the item and than in 5-11 Business days receive Amazon Gift Card for full product value.
5. (Optional) 'EARN' purchase items for 5-10% off with Amazon Gift Card balance.
Repeat
Tip: Keep any 'SHOP' Order between $30-$99 for a quick turn around.

I personally use the Amazon balance to purchase items on purse.io for 5-10% off and then repeat. Flipping and flopping to a nice little profit. As mentioned this step is optional, but allows you to increase the flipping margin.

Overall the site is amazing and here is an outdated screenshot of money I've saved with this great platform. I am so happy it did not get shutdown a couple months ago.

 

[Nihilism]

Sounds like a scam buddy.

 

[Teh Canadian]

Sounds like a scam buddy.

Not a scam? Can you enlighten me how this is a scam incase I am missing something.

It's abusing the system, but not a "scam".

 

[Nihilism]

It's a scam, you pay with crypto and receive jack shit.

 

[Teh Canadian]

It's a scam, you pay with crypto and receive jack shit.

No. You get the item by paying with cryptocurrency.

You offer up cryptocurrency and someone buys it for you. You've paid for it.
You then return that item and get Amazon Gift Card balance.

Review the platform it's how it works.

 

[AntiHacker]

You just joined not even 10 days ago.
This method looks shady.
You are trying really hard to convenience us.

 

[Teh Canadian]

Will wait for someone else to confirm this works.

It's literally how the purse.io platform works. I just added (found out) that you can return any gifted items for gift card balance to Amazon directly.

 

[Nihilism]

Will wait for someone else to confirm this works.

It's literally how the purse.io platform works. I just added (found out) that you can return any gifted items for gift card balance.

I understand now, so you upload a wishlist on purse, buy it on Amazon, get money back on Purse the ask for refunds on Amazon?

 

[Leader777]

The method probably works but it can only be used for someone who don't have morals

 

[DE_GAME]

Have watched a video on youtube about a related method to Ops post, using purse.io and paxful. Don't think it's scam

 

[John4life2017]

Will check it out

 

[FatBee]

Purse.io closed down few months ago... based on an email i got from them. Wtf?

 

[GainTheImpossible]

as @Nihilism said "so you upload a wishlist on purse, buy it on Amazon, get money back on Purse the ask for refunds on Amazon? "

This is a freaking scam the whole day long. LOL

Yeah, might be worthy for money, but, I wouldn't go for it even if I was dying of hunger! Imagine you'd be the seller! Disgusting post!

 

[Teh Canadian]

as @Nihilism said "so you upload a wishlist on purse, buy it on Amazon, get money back on Purse the ask for refunds on Amazon? "

This is a freaking scam the whole day long. LOL

Yeah, might be worthy for money, but, I wouldn't go for it even if I was dying of hunger! Imagine you'd be the seller! Disgusting post!

Ok. It looks like people above are really confused about how purse.io works.

This is not a scam. It's not any lack of morals or screwing anyone over.

-------------------

Here is how the platform works.

I offer my Bitcoin for an item on Amazon. You accept the offer and my Bitcoin is put into Escrow. You buy that item on Amazon for me. I receive it and confirm delivery. The bitcoin in escrow is released to you.

Purse tracks everything and confirms everything in the background. They can even see orders that are canceled.

After all that happens I am free to do what I want with the item I've paid for. I could throw it in the trash if I wanted

However, instead of throwing it in the trash I return that item to Amazon, which you are allowed to do, and Amazon gives me the full value for the item in a gift card.

-------------------

Sorry this has irritated or pissed people off. It's a non scam and very moral way of doing things and I thought it was valuable sharing it.

I've been trying to prove myself in this community thus why I am sharing the idea.

 

[Teh Canadian]

Wtf? They work. I just checked

Yes, Purse.io did not shut down. Most people assume it was Roger Ver who saved it from shutting down.

Edit: 1-2 weeks after they announced they were shutting down they announced that the announcement was withdrawn because of investors.

 

[TheVigilante]

Too bad not for Indians

 

[Leader777]

However, instead of throwing it in the trash I return that item to Amazon, which you are allowed to do, and Amazon gives me the full value for the item in a gift card.

The thing is , i see it like this .. let's say i'm a seller in amazon and u return that item so i have everytime to refund u whenever u ask for return and also affiliates lose comission so it's a bit frustrating for sellers. But i'm not here to judge so do you and thanks for the share

 

[Exiled™]

The site looks legit.

 

[JavascriptPufferfish]

I have no Amazon in my country and I never heard about purse, so this is a little hard to digest. From the moral point of view, this sucks if you do it with normal sellers, but maybe you could do it buying from companies you think are immoral or scam it's customers. I am personally not very fond of Samsung, and many people hate Amazon. Amazon sells it's own products (and gives them priority in exposure), so maybe it can be a "A thief who robs a thief has 100 years of pardon" kind of deal? Still not clean, but taking advantage of the biggest corporation in the world is closer to comfort.

 

[serptech]

Amazon will ban you for too many returns just FYI.