So Paxful has people offering a lot of really good crypto rates.
The trouble is that most of them will be chargebacked after you use them.
I had one Amazon account which was banned after I used it for too many Purse.io purchases to get back BTC.
Probably scammed Amazon gift card codes.
Some people say that if you ask for the receipt and physical card it prevents scams but honestly I don't think so.
After looking through the options I'm thinking that maybe Steam Wallet cards are the best option. I don't see anyone reporting chargebacks AFAIK, but I could be wrong. You can buy an item on the Steam Marketplace then sell it on Bitskins or other sites, get it back in crypto and buy more.
You make the spread between what you paid for the Steam Wallet card and the cost of what it goes for on Bitskins - the fees.
So if you buy a $200 card at 30% off ($140 equiv in BTC), buy a $200 item, you have to sell it on Bitskins for maybe $190 and you lose another 10% in fees, so you make 90%*190 = $171
You make $171-140 = $31
Any thoughts?
The trouble is that most of them will be chargebacked after you use them.
I had one Amazon account which was banned after I used it for too many Purse.io purchases to get back BTC.
Probably scammed Amazon gift card codes.
Some people say that if you ask for the receipt and physical card it prevents scams but honestly I don't think so.
After looking through the options I'm thinking that maybe Steam Wallet cards are the best option. I don't see anyone reporting chargebacks AFAIK, but I could be wrong. You can buy an item on the Steam Marketplace then sell it on Bitskins or other sites, get it back in crypto and buy more.
You make the spread between what you paid for the Steam Wallet card and the cost of what it goes for on Bitskins - the fees.
So if you buy a $200 card at 30% off ($140 equiv in BTC), buy a $200 item, you have to sell it on Bitskins for maybe $190 and you lose another 10% in fees, so you make 90%*190 = $171
You make $171-140 = $31
Any thoughts?