How to Sell Amazon Gift Card Instantly and With High Rate
Have you ever wished you could sell your Amazon gift cards a lot quicker? And have you thought you deserved more on the price?
If your answer is yes to one or both these questions, then this post is meant for you. In it, I will let you know how to sell Amazon gift card instantly and at competitive rates. But before I do that, let me lay the ground for you.
The first time I used Amazon gift cards was in 2014. As someone living in Africa, accessibility to online services has been slow coming. And that is primarily because of the lack of reliable payment methods to use online, especially when transacting with international online enterprises.
What made it possible for me to access Amazon gift cards in 2014 was Bitcoin. In the cryptocurrency, I found a payment method that was accessible to me, and that I could easily use online. And the first really good use I found for it was buying Amazon gift cards, which I used in turn to buy Kindle books.
The first place where I bought my gift cards was Gyft.com (it was among the first major brands to accept Bitcoin). A few months after I started using the service, I received an email informing me that I could no longer buy there because I was not based in the US. I moved to Egyfter, where I made two transactions, and my account was disabled for the same reasons.
I guess I was not alone. There must have been thousands of other Africans and millions of people from other continents who were stopped from buying gift cards of US brands using Bitcoin, which incidentally was most likely the only international online payment method many of us had access to.
This market is now accessible to you
There is now an online platform where you can reach this market directly and let individuals from around the world buy from you gift cards of major US brands, including Amazon. That platform has been made possible by CoinCola, a startup based in Hong Kong.
CoinCola founded in 2016 has built a peer-to-peer marketplace with the right tools to facilitate transactions between buyers and sellers. CoinCola was founded as an OTC Bitcoin trading marketplace that is a competitor to the likes of Localbitcoins and Paxful.
Gift cards are the newest addition to a list of close to ten digital assets that can be traded on the platform. But gift cards are the first non-crypto assets. The cryptocurrencies you can buy and sell on CoinCola include Bitcoin, Ether, Litecoin and Bitcoin Cash.
The Gift Card Trading Zone on CoinCola:
The gift cards you can trade on CoinCola include those of Amazon, eBay and Steam. The exchange has escrow and reputation systems to make sure that a transaction is safe for both the seller and the buyer.
How to sell Amazon gift card instantly on CoinCola
To get started, create an account, which you do by signing up using your email address. During registration, you will be required to select your country and create a password for your account. With sign up complete, check the Amazon gift card buying ads on the sell section.
When you find one whose price and terms you like, initiate a purchase. Once you start the trade, the gift card goes to escrow. The buyer will see this action, and they will have to act on their end by releasing bitcoins to you. Once you confirm receipt, you release the gift card to them and rate them. The entire process takes less than 5 minutes.
If you don’t like existing offers, you can create an ad and invite buyers. It will cost you about 0.7% of the amount involved.
Why CoinCola is the best OTC gift card bitcoin trading desk
CoinCola provides better prices for gift cards, and that is mainly because the market is global. Gyft and Egyfter locked out most of us because of our geographical locations. CoinCola caters for this demand from buyers in Africa, China, India and other parts of the world.
The marketplace also asks some of the lowest fees to use. While other peer-to-peer marketplaces charge as high as 10%, CoinCola takes less than 1% of the value involved in transactions.
It also allows you to accept a variety of cryptocurrencies, unlike most of the gift card marketplaces where you are expected to take either only fiat currency or only one cryptocurrency (Bitcoin).
The other advantage CoinCola gives you is the ability to convert your gift cards into bitcoin, ether, Litecoin or other listed cryptocurrencies. You can use it as a fast, seamless and less complex OTC cryptocurrency marketplace.
This is important, especially if you are based in the US, where you might struggle to buy bitcoins from other exchanges as many of them have stopped servicing the US market owing to the stringent regulations.
You can also go ahead and buy other Cryptos on the platform. Indeed, CoinCola is the only peer-to-peer marketplace that supports the buying and selling of multiple cryptocurrencies. And of course, it is the only one that supports the buying and selling of gift cards.
