Scribd
Upload
3K views2 pages

Paxful Method

This 3-step method describes how to buy discounted gift cards on Paxful using Bitcoin, then sell those gift cards on Gameflip for a profit of $30-40 per $200 gift card. Step 1 involves setting up accounts on Binance, Paxful and Gameflip. Step 2 explains how to find discounted gift cards on Paxful and buy them using Bitcoin purchased on Binance. Step 3 details how to then sell those gift cards on Gameflip for a higher price, making a profit on each transaction.

Uploaded by

Yan Mikhlin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
3K views2 pages

Paxful Method

This 3-step method describes how to buy discounted gift cards on Paxful using Bitcoin, then sell those gift cards on Gameflip for a profit of $30-40 per $200 gift card. Step 1 involves setting up accounts on Binance, Paxful and Gameflip. Step 2 explains how to find discounted gift cards on Paxful and buy them using Bitcoin purchased on Binance. Step 3 details how to then sell those gift cards on Gameflip for a higher price, making a profit on each transaction.

Uploaded by

Yan Mikhlin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
You are on page 1/ 2

This method works for everyone and you can make anywhere between $200-$1,000 in a

day by just contributing an hour.

I've been doing it since the last 6 months and it works like wonder. Here's a
detailed guide for you:

Step 1

We will be using the following sites:


Binance
Paxful
Gameflip
(Please note that you will need to verify your details so I'd recommend using your
actual details).

Step 2

This is where we will selling the gift cards


Once all accounts are open Login to Gameflip
Click on "Sell" in the top right
Select "Gift Cards"
Select "Amazon"
You will now need to verify your address and have your sellers account fully
approved
Once you submit your details, to speed the process up, use the online chat in the
bottom right, They can approve you straight away.
You should be fully approved now.
Now have a look https://gameflip.com/browse/gift-cards/amazon?status=onsale and you
can see the price people are selling Amazon gift cards for.
Make note of these numbers
Just to add - I prefer to buy and sell $200 - $500 giftcards but only because the
profit margin is higher. The average person on Gameflip will be selling a $200
giftcard for $180.

Step 3

This is where we will be buying the gift cards


Login to Paxful
Click "Sell Bitcoin" at the top.
Select "Discounted Gift Cards"
Scroll half way down the page where you will see better offers
Look for "Amazon Gift Card" or whatever gift card you are interested in
Look for the offer with the highest discount.
When you see the seller username on the left, click on their username and verify
their history. I normally open this in a different tab. Check their feedback to
make sure they are a good seller.
Once you have verified the seller, click on "sell" on the far right.
As you load the page you will see "I will receive Amazon Gift Card*"
Type in the value you want, underneath it will tell you how much you will be paying
in bitcoin. Make note of this. For my example, i can see that I can get a $200 gift
card for $128
What this means is that you will need approximately $133 worth of bitcoin to
purchase this gift card.
Make note of the amount of bitcoins required and add a tiny bit on as there is a 3%
escrow fee

Step 4

A few points to note


At the moment you know that people are buying $200 giftcards on Gameflip for $180
You also know that on Paxful you can buy a $200 giftcard for $130.
There are fee's for Gameflip but if you subscribe, you will make your money back
straight away after one deal and it reduces your fee's. (Hub for Gamers. Learn &
Train | Buy & Sell - Gameflip)
on a $200 giftcard you will make between $30-40 profit

Step 5

How to buy the gift cards


Go back to your notes, see how much the Paxful seller is selling the giftcard for
(in BTC)
Go to your Binance account, purchase that amount of Bitcoins (do a few dollars
more)
Transfer this money to your Paxful wallet
Go to the seller you found earlier and buy the gift card

Step 6

How to sell the giftcards


Now you have the Giftcard from the seller on Paxful
Go back to Gameflip and repeat the steps provided earlier on selling an Amazon
giftcard.
The next steps should be straight forward, now your listing is ready.
Sit back and relax and watch the money come in.

Few additional points


All money goes into Escrow on Gameflip and Paxful
You will make your own connections with good sellers on Paxful. I prefer to keep
everything through there to offer me protection. There are lots of great sellers
but also some scammers
Gameflip will hold your money before they release it. As your sales increase, the
time your money is held gets reduced.
I've spoken about Amazon giftcards but i sell the full range - PSN, Amazon,
Starbucks etc.

Happy Earning! If you get stuck somewhere, feel free to message me and I'd be happy
to help.

You might also like