We have been contacted in the past by numerous people selling their Bitcoin Mining Hardware on platforms like OLX, Gumtree and various other forums where people sell secondhand goods. Now the main issues we get is people tend to get ripped off by buyers that pay with payment methods which can be reversed and then the seller is out of pocket. Buyers can get ripped off by people selling Bitcoin miners. An example is when the machine arrives and some of the ASIC Chips are burnt or the device is faulty or the power supply is damaged.
To help our community and stand for fair trade in the Bitcoin community, we have decided to launch our Bitmart Shepherd Service.
How it Works:
A seller would send us the photos of the hardware he wishes to sell and at what price. Bitmart will then advertise the hardware on behalf of the seller and find a buyer. The buyer will place his order for the hardware through our SSL secured online shop here : Second Hand Stock. Once we have all the buyer’s info and he has made payment via the trusted sources Bitmart provides – VCS Credit & Debit Card transactions, EFT or Bitcoin – only then do we notify the seller that we have a buyer. The seller then sends us the machine and we test the machine for the buyer and sends him screenshots of the miner status as well as check the hardware for any faults and problems. We give a full report to the buyer and only when he is satisfied, we conclude the deal and pay the seller.
Bitmart requires the seller to courier the hardware to us.
Bitmart charges 10% or a minimum of R1500,00 for the Shepherd Service.
To make use of our Shepherd Service, please email your photos and prices to email@example.com
Please note that if Bitmart repairs any items for the owner, we reserve our rights as follow:
All repairs done if not paid for, will result in the items being discarded. If Bitmart pays on your behalf and you do not pay for the repairs, Bitmart reserves the right to sell the entire unit to recover costs and Bitmart will not be held liable for any damage or loss.