Q: How to Be a Good Earner

<h2 id="earningcryptowithpurse">Earning Crypto with Purse</h2> <p><img src="https://storage.crisp.chat/users/helpdesk/website/7adf10031ba8880/image_vpunsp.png" alt="" /></p> <p>Being an Earner on Purse is a fairly streamlined process. You can build a great reputation with our Shoppers, and provide a valuable service to our users by fulfilling Amazon orders with your unused Amazon gift card credit, and earn Bitcoin (BTC) or Bitcoin Cash (BCH) in return.</p> <p>After you accept your first <strong>Earn</strong> transaction, there a few key steps that you will need to follow to ensure your Earn order goes smoothly and efficiently:</p> <p><strong>Rules to Remember</strong>:</p> <ul> <li>After Amazon has processed your Shopper’s order, ensure that you <a href="https://support.purse.io/en/article/adding-tracking-numbersorder-ids-9u2o4j/?1610556055644">submit all the Amazon tracking Links</a> for each individual Order ID. </li> <li>Once <strong>all of the packages have arrived,</strong> please give up to <strong>48-hours</strong> for the Shopper to confirm receipt of their order. Pestering a shopper to confirm each individual item repeatedly will result in a bad experience for the Shopper.</li> <li>If at any point Amazon opts to cancel your order, remove an item from it, or delay shipping for any reason, <strong>ensure you notify the Shopper whose order you are purchasing ASAP of any important details</strong>. This will ensure the order can be amended, returned to the orderbook and processed as quickly as possible for the Shopper.</li> <li>You can only complete orders based upon your current [Earner Level](https://support.purse.io/en/article/earner</li> </ul>

Q: Earner Fees (Effective Rate Explanation)

<h2 id="howmuchdoespursechargeearners">How much does Purse charge earners?</h2> <p>Purse’s wallet to send, receive and store digital currency is free. Network transaction fees apply. </p> <p>What's unique about Earning on Purse is you will select an offer to purchase in exchange for Bitcoin. The rate for each order varies.</p> <h3 id="effectiverate">Effective Rate</h3> <p>In the Earn section of Purse you will find an order book. All the offers are organized by rate. This is the '% above market rate' you will pay for the Bitcoin if you decide to purchase the order. The orders are organized by this rate, and the best offers float to the top.</p> <p><img src="https://storage.crisp.chat/users/helpdesk/website/7adf10031ba8880/image_13fa0zi.png" alt="" /></p> <p>|| This "Earner" effective rate is calculated as the inverse of the discount rate the shopper has requested. For example, a shopper discount of 20% equals a earner markup of 25%, e.g. 1/(1-0.2) = 1.25. This percentage above or below market rate is fixed, but the rate will fluctuate based on the value of the asset at that time, and will be locked in as soon as you accept the offer.</p> <p><img src="https://storage.crisp.chat/users/helpdesk/website/7adf10031ba8880/image_1vdph94.png" alt="You can see the effective rate for the offer when you click into it. Hover over the effective rate to see the % above the Bitcoin market rate" /></p> <h3 id="noadditionalfees">No Additional Fees</h3> <p>We do not charge any fees on top of this effective rate for Earners. We do collect a small fee from the Shopper for the order.</p>

Question 1

How to Earn Bitcoin By Selling Your Amazon Gift Cards

Accepted Answer

How to earn crypto on Purse

Did you know, with Purse you can buy bitcoin through any payment option that Amazon accepts?

That includes Amazon gift cards, rewards credit cards, Amex Membership Rewards, Chase Sapphire points, Amazon credit cards, and credit cards. Purse provides you ultimate flexibility in liquidating unused Amazon gift card balance, and allowing you to purchase Bitcoin or Bitcoin Cash using various different forms of payment. You can change what type of cryptocurrency you want to receive as payment, we support BTC and BCH. Just follow these easy steps to get started:

|| 1. Navigate to Earn and browse the available orders.

|| 2. Click on an order to preview, then select “Accept Offer”.

|| 3. Carefully review the amount of BTC you will receive, then follow the instructions to purchase the items and the specified Quantities from Amazon

|| 4. Make sure to adjust the quantities in your cart to match the order

|| 5. Select the same shipping address highlighted during checkout. ![](https://storage.crisp.chat/users/helpdesk/website/7adf10031ba8880/image_1k63rk

Question 2

Earner Levels & Limits

Accepted Answer

How Earner Levels Work

Limits on earning Bitcoin on Purse are determined by Earner Levels. There are 6 levels for Earners and one, invite-only VIP status. Earners can level up by successfully completing transactions and receiving positive feedback.

*low discount orders are given to VIP earners first

Please note that the Effective Rate is not the same as the Discount Limit, the effective rate is the percentage above the Bitcoin market price, for more information, please read this support document.

Earners can increase limits immediately through verification.

Phone Number Verification: doubles transaction limit
Facebook Verification: raises Order Size Limit by $25
Google+ Verification: raises Order Size Limit by $25

You can see the number of completed transactions and your current level at any time, simply head over to Levels & Limits in your account settings.

Purse VIP Earners

VIP Members have access to the best rates to earn Bitcoin on Purse with unlimited transactions. Qualifications include:

125 successful completions with positive feedback
Track record of fast shipping with your orders
Low order cancelation rates (<15%)

What we expect from our VIP members

VI

Question 3

How to Be a Good Earner

Accepted Answer

Earning Crypto with Purse

Being an Earner on Purse is a fairly streamlined process. You can build a great reputation with our Shoppers, and provide a valuable service to our users by fulfilling Amazon orders with your unused Amazon gift card credit, and earn Bitcoin (BTC) or Bitcoin Cash (BCH) in return.

After you accept your first Earn transaction, there a few key steps that you will need to follow to ensure your Earn order goes smoothly and efficiently:

Rules to Remember:

After Amazon has processed your Shopper’s order, ensure that you submit all the Amazon tracking Links for each individual Order ID.
Once all of the packages have arrived, please give up to 48-hours for the Shopper to confirm receipt of their order. Pestering a shopper to confirm each individual item repeatedly will result in a bad experience for the Shopper.
If at any point Amazon opts to cancel your order, remove an item from it, or delay shipping for any reason, ensure you notify the Shopper whose order you are purchasing ASAP of any important details. This will ensure the order can be amended, returned to the orderbook and processed as quickly as possible for the Shopper.
You can only complete orders based upon your current [Earner Level](https://support.purse.io/en/article/earner

Question 4

How to Ship Internationally

Accepted Answer

Using Purse from Outside the US

While browsing or searching on Purse, you will find items from Amazon.com (US Store). This store will ship to many places outside of the United States for an additional shipping fee. You can view the full list of destinations & rates here. You can also use a freight forwarder to ship to your country if the export from Amazon is problematic.

We also offer support exclusively for the following country-specific Amazon stores:

To change the Amazon store you want to buy from, simply select the flag of the supported countries in the search bar.

You will then be able to search for items in a particular Amazon store.

Alternatively, you can paste a Wish List with all the items you want to buy from one of those supported Amazon stores. You'll need to follow these directions:

Create an Amazon Wish List

Step 1. Add Products to Wishlist on your preferred Amazon Store

Click Add to List
If you’re new to Wish Lists, select Create Wish List. Make sure the list is s

Question 5

Earner Fees (Effective Rate Explanation)

Accepted Answer

How much does Purse charge earners?

Purse’s wallet to send, receive and store digital currency is free. Network transaction fees apply.

What's unique about Earning on Purse is you will select an offer to purchase in exchange for Bitcoin. The rate for each order varies.

Effective Rate

In the Earn section of Purse you will find an order book. All the offers are organized by rate. This is the '% above market rate' you will pay for the Bitcoin if you decide to purchase the order. The orders are organized by this rate, and the best offers float to the top.

|| This "Earner" effective rate is calculated as the inverse of the discount rate the shopper has requested. For example, a shopper discount of 20% equals a earner markup of 25%, e.g. 1/(1-0.2) = 1.25. This percentage above or below market rate is fixed, but the rate will fluctuate based on the value of the asset at that time, and will be locked in as soon as you accept the offer.

You can see the effective rate for the offer when you click into it. Hover over the effective rate to see the % above the Bitcoin market rate

No Additional Fees

We do not charge any fees on top of this effective rate for Earners. We do collect a small fee from the Shopper for the order.

Question 6

How to Shop on Purse

Accepted Answer

What is Purse and How Does it Work?

Purse is an online marketplace that enables anyone to buy items listed on Amazon by paying with Bitcoin and receiving a discount you select yourself. Our main product offering, Name Your Discount, lets shoppers add items to their cart, name a discount and pay with cryptocurrencies.

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Purse.io: The Two Players

Purse is an online P2P marketplace that enables crypto enthusiasts to either:

1. Shop and use Bitcoin/Bitcoin Cash to get an Amazon Discount

OR

2. Earn Bitcoin/Bitcoin Cash by selling Amazon gift cards to Shoppers on Purse

Purse provides the platform for this exchange and benefits by getting a small fee from the purchase.

Amazon Discounts

Our main product is called 'Name Your Discount', and it's exactly that, you name how much discount you want to receive on your order.

“Name Your Discount”

Choose a discount of 5–33%, then you will be matched with an Earner who fulfills your order. Select 15% or less discount and your order will be offered to VIP earners (with Prime) for the first 24 hours.

Purse Fees

Purse charges a fee for “Name Your Discount” orders based on the set discount. Purse will always display the fee that applies to your order. See below for the fee sch

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