Earn from Amazon Bitcoin arbitrage method :

in #bitcoin5 years ago (edited)

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recently i used to make some cash by arbitraging bitcoin and amazon products .

i will show you the whole process on how you can make some profit

what will you need ?
Paxful account
Purse.io account
Amazon account

the strategy is like this :
1 go to Paxful and post a trade to buy amazon gift cards for example you can buy a 100usd amazon gift card for 70usd bitcoins.
2 you will exchange that amazon gift card to bitcoins at purse.io by going to that platform click on earn btc you will find a lot of offers to to buy to others from amazon by your gift card they usually list the offeres for 15% discount so you gonna click on some offer you will be redirected to amazon you will buy the product in the wishlist and the address you will use is the address of the person in purse.io after that his btc will be in the hold by purse escrow and after he received the product the bitcoin will be released to you . it takes sometimes 1 day or 2 days depend on how fast the amazon shipping.

so you bought amazon gift card for 70 usd in localbitcoins then you exchanged that 70usd gift card for 85usd bitcoin in purse.io it means you got 15 usd profit from that operation .

to register on purse use my referral link you will get 55 and i will get 5 usd after you spend a certain amount.
https://purse.io/?_r=zDMqXq