Today, I came across a digital store https://bitsybay.com. As per their bio, https://bitsybay.com is a platform to buy and sell digital goods for bitcoins.
What’s the glitch? You asked. Well, this website is currently offering 10% discounts on a minimum cart value of $100, 30% discounts above $399, and 50% off above $999. This platform allows anyone to become a vendor and start selling digital/downloadable goods on their website and the first 5 sales are free of charges on all products sold by vendors due to the COVID pandemic. The vendors are paid through their split coins method. You can read more about it on their website FAQ.
Like any other eCommerce based portal, they do not charge the vendors/sellers on the discount coupons.
Vendors are not charge any selling fees for the first 5 sales.
How can I exploit these offers? Now comes the most interesting part.
Step 1. Just apply as a vendor on their website and wait for your account to get approved. Make sure to enter every information carefully and make it looks legitimate.
Step 2. Once your accounts get approved, list one or two products for sale. As always make sure that everything looks genuine
Step 3. Create another customer account and purchase your own listed products and apply the discount promo-code.
Now let’s do some calculations; the 10% discount code will give you a $10 profit.
The 30% discount code of cart value $399 brings the final cart value to $279.30.
You get $399 on your vendor account.
Profit= ( $399- $279.30)= $119.70
Similarly, the 50% discount coupon on cart value $999 gives a profit of 50% i.e., 500$
If you buy your product worth $2000 and apply the 50% discount code, you pay $1000 on your own product and get $1000 profit, which is automatically drawn to your external bitcoin wallet. Many e-com base website often uses to have this type of glitch. Earlier, even the popular online store, Amazon, had this glitch.
Where can I find the discount codes? It’s available on their homepage https://bitsybay.com with a banner.
Now..You may ask how they’re able to offer such huge discounts and not go bankrupt? Well, the simple answer is nobody starts any business with little or low funding. Going through their website and products, they’re already making huge profits by selling their own digital goods.
Should you take advantage of this glitch/bugs? The simple answer this is completely up to you. Now, I always say that loopholes are the best. You’re not technically doing anything against the rules, but it feels like you’re getting away with something. That’s because, well, you are! It’s not your fault someone didn’t do their I’s and cross their T’s, right? I am sharing this completely free. You either take and enjoy it or leave it and regret later for not taking the advantage while the glitch existed. Make Hay While the Sun Shines. As a rule of thumb,” I never exploit glitches/bugs from the poor and the losers.”
I highly recommend you use a good VPN. And delete your product listing once you looted such that others do not buy your blank item and complain about you.
How long will this exist for exploitation? Probably as long as they’re running their promotion
Update: As of today this is still working. I will update this page once the loophole/glitch stopped working.
Visit my website https://bitkickers.com/ for more.