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RE: Easily sell steem and SBD for cash sent to your paypal, AT 10% OVER SPOT!
Bloody marvellous! Thanks for sharing this, I had no idea this could be done.
Bloody marvellous! Thanks for sharing this, I had no idea this could be done.
Yeah paypal won't work with exchanges. Do this is a little loophole around it. I have no idea why they pay so much for bitcoin. It's strange but it works. If you sell them a couple thousand dollars in bitcoin you could buy it back again at a pretty awesome profit. I'm not positive what there limit is though.
Is this service still working well for you @dajohns1420? I just checked and the contact link is empty, there is absolutely no way to report a failed transaction. Also, they are offering an extra 20% right now (allgedly) I wouldn't trust it.
The contact link just scrolls you to the bottom of the page where there is a form to send an email. I contacted them once because the first time I did it i didn't factor in the transaction fee like a dummy so I didn't send the required $50 minimum, only $45. They emailed me back in like 8 hours or so to say they were sending $45 even though i fucked up.
I have done it a total of 6 times with bitcoin each time and it's worked. I haven't tried any other coin because they offer more for bitcoin. They usually sent it to PayPal within about 12-18 hours, but PayPal has put a 24 hour hold on the cash 3 times because it came from a foreign address, but it always came through in the end. The last time I did it was 3 weeks ago, they were only offering 10% at that time, I just noticed they're offering more when you pointed it out.
My experience with them has been great, but it is a nerve racking 12 hours because there is no way to confirm anything until the money shows up in your PayPal, and the only recourse if something does go wrong is to send them an email. So definitely use it at your own risk, but I plan on using it again. I'll probably try it again in the next few days so I'll let you know. I don't know why they offer 10-20% over spot, it doesn't make sense. I never would have done it because of that, but a close friend of mine used it first and showed it to me. So idk it does come off as sketchy but is worked every time for me. The most I've done at once is $400 so I've never done any crazy amounts. Maybe they perform the service for small amounts to build reputation, but then when a whale cashes out a few thousand they steal it? Idk it's strange. I'll let you know how it goes in a couple days.
Thanks for the detailed response! I really appreciate it @dajohns1420
Now I am super curious, especially with their current offer of 20% over market value. That's CRAZY.
The way they explain how it works is they claim to have some experienced crypto traders making them profits alongside the fact that they also claim to be selling the BTC at an even HIGHER value than they pay you, which seems crazy. I wonder what kind of drug lords these people really are? lol I want in. haha
Ha ha I ask myself that! I don't know what they have going on. they've figured out something I haven't that's for sure. Maybe they're selling them in Korea or something. Coins are usually trading 10-20% higher there. I'm gonna sell them some more in a day or two, I'll be sure to follow up with you