How to Withdraw Amazon Gift Card Balance to Bank Account in India - Mturk

Over 80% of Amazon Mechanical Turkers live outside the US has no direct deposit to bank option. Turkers get paid through Instant Amazon Gift Card Balance after working on HITS the earnings are not allowed to transfer into local currency. Even if they try to purchase something from amazon, they are not allowed to purchase from amazon's local marketplace. We have to purchase product only from amazon.com (To ship product from USA to india or any other country we have to pay huge delivery fee and import fee( For e.g If we have to order a product worth 20$ the total payment to be made is 45$ to 50$) almost 50% of the money is wasted. 

In-order to overcome the problem we have Purse and Unocoin which help translate Amazon gift card balances to bitcoin and Indian Rupees. Work on HITs to earn Amazon credit and then turn gift card balances into bitcoin and Rupees.

The conversion in bitcoin to rupees have only a minimum loss.

I will give an illustration with one of my transaction with purse and unocoin. So below are the steps to get start with

STEP : 1 : Create account with Purse  

Purse user signup

I bought bitcoin worth 0.01166113 for 76.86$(Rs.4995/-), The bitcoin price when i bought was around Rs.4200/-  Loss is Rs.795/- (Its far better than what we pay for import and delivery fee)

Navigate to “Earn” and browse the available orders. 

Filter by Country and the Amount of Bitcoin you wish to buy.  

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

Then, purchase the items on Amazon.

Click “Add wish list to cart” and the entire order will be automatically added to your Amazon cart.

Select the same shipping address highlighted during checkout.

After completing the purchase, copy and paste the Amazon Order ID and hit “submit” on Purse.

STEP : 2 : Create account with Unocoin

So now if you do not want to keep the bitcoin into purse wallet and to transfer the money directly to banks in india,first we have to create an account in the website unocoin

Then we have to transfer the bitcoin from purse to unocoin wallet (there will be a minimum bitcoin deduction as fee for the transfer) In my case the bitcoin which i got into unocoin wallet was 0.01041542 (i.e 0.01166113 to 0.01041542) so as of today if you can check the worth of my bitcoin it's Rs.4585/- so My net loss now is only Rs.310/- 

In unocoin we will have an option to transfer the money directly to local banks in india. Refer the above screenshot.

NOTE: If anyone requires help in doing the transaction to convert from Amazon gift card to Indian money, Kindly post your queries via comment or email us !! 

Thanks & regards,

CapeSys.blog | E-mail : capecisco@gmail.com |

Website : www.capesys.blogspot.in