Rip BatCoinBaby - My Taking Your BAT and giving BCH Days Seem To Be Over!

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BitcoinBaby

I am just telling the story about a little noob exploring the Big Bad Crypto-verse and mak... [more]

1 year ago

In community: Cryptocurrency and Blockchain(7b7f)

Topics: Crypto Trading, BAT, Brave Browser, Brave, Brave Rewards, ...

Sorry guys,

I celebrated too early when I wrote:

YESSS!!!! I can still take your BAT Brave Rewards and give you Bitcoin Cash

The BAT rules did catch up with me in the end and there is little I can do about it.

The thing is that you can receive BAT rewards in over 100 countries, but there is a big but.

But

You can only monetize the Brave Rewards in 28 countries, meaning there are only 28 countries that allow you to link an Uphold or Gemini wallet to your Brave Creators account.

Now I registered with Uphold back in the day using my Dutch passport. Even though I am a Spanish resident both Brave and Uphold keep telling me they can not fix it as the link is made through the nationality on the passport.

The End

Just when I was planning on expanding my service to not only pay in BCH but also in HIVE, I lost my verified YouTube and Reddit sign. Meaning people can not tip me anymore and that was the key to my service.

People tipped me their BAT rewards that they could not monetize as Uphold was no longer supporting their region. In return, I sent them 66,6% of their BAT value in BCH or HIVE.

We both benefit

I have built up very good relations with these customers based on trust. Because they tip to an unknown baby somewhere on the world wide web. So you need good references of being honest, and that takes time.

Just when I was getting 100BAT a month deals shit happens and The Netherlands got delisted, for a while it seemed that they made a mistake. They even sent me an email saying they might have done so. But just last weekend my verified creator checkmark disappeared.

Meaning I can´t be tipped and I can no longer provide this wonderful service to people getting BAT rewards without a wallet.

I gave been talking extensively with both Brave and Uphold and got to the first line of managers, but it seems they can not do anything.

So What Now?

Well, there are few options left as I can not use my Uphold account with Brave till The Netherlands are supported again, which probably will not happen because they were delisted as a supported region due to too many regulations.

So what other options do I have?

I think there are two possible options.

Best option is to find someone that sees this as a way to make some extra crypto. Hence I need to find someone in an Uphold supported region:

Supported Region:

Andorra
Argentina
Australia
Austria
Bahamas
Belgium
Belize
Brazil
Canada
Cayman Islands
Chile
Colombia
Costa Rica
Cyprus
Denmark
Ecuador
Finland
France
Grenada
Guatemala
Honduras
Hong Kong
Iceland
Ireland
Italy
Jamaica
Liechtenstein
Luxembourg
Malta
Mexico
Monaco
New Zealand
Nicaragua
Norway
Paraguay
Peru
Poland
Portugal
Singapore
Spain
Sweden
Switzerland
Turkey
United Kingdom
United States (excluding New York state)
Uruguay

Hmm, I said 28, and last week it was 28 countries:

Maybe this is good news and The Netherlands get listed again but for now, it might help some of you.

So if you are interested in making some free BAT, and you live in one of those 48 countries, and have or are willing to get an Uphold wallet, we might work together and still put this service out.

HOW TO?

Well, I have the people and you have the goods. We will not change the deal for the customers but just split the 30% in fees. Now as this partner would need to do most of the work he or she should get most of the rewards.

So you lose 5% to brave leaving us with a 28% fee and a small fee to Uphold leaving us with 27% of the fees. So the split is 17% for the partner and 10% for me.

What does the partner do?

The task for the partner is that once the BAT is received I provide him/her with an amount of BCH to be paid to the address I also provide. The partner would swap some BAT on Uphold to BCH and send that to the address, this might mean you have to do a face verification...at least I had to last couple of times. It will take you 5-10 minutes per transaction.

Earnings

What would those 5 minutes make you?

That fully depends on the amount of BAT we swap, as I wanted customers more than revenue I Swap from 3-4 BAT. But that would make you 1 BAT or less for 5 minutes of work. that is like 25 cents....TODAY but BAT will go up next bull run so you need to have long-term vision and enjoy the game.

But say we have a normal month and we do 3 swaps:

5 BAT = 1 BAT for Partner

15 BAT= 3 BAT for Partner

45 BAT = 10 BAT for partner

Time spend; 30 minutes, BAT earned 14 BAT ($3,00) but in the next bull run easy $14

Trust

Now how do I know that I can trust my partner?

I don´t!

So I will need to build up this relationship by building up the transfers.

What I mean is that I will not take any BAT payments bigger than 20 BAT at a time. We process the 20BAT if the customer and I get the money we can process the next one.

Hence if you are still supported and have or wanna go through the Uphold KYC to make some money and help out the helpless BAT owners, just drop me a comment and we will work something out. I already have an 80+ BAT deal pending. So there is something in the pipeline already.

Let´s see if we can serve the good people, help out the Upholdless and hopefully grind some BAT before the next Bull Run.