Right. The details can be unique for each trade offer, but this essentially means the gift card is being offered at 50% of its face value.
This could happen if the trader has an inventory of cards that are about to expire, or possibly where the cards have legitimacy concerns (e.g., could have been obtained via fraud where it's only a matter of time before the issuer discovers the fraud and cancels the cards), etc., or they could be legit but just for a brand or product that has very little market interest.
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Thanks for Your explaination. But people still adopt it in case of chaos it seems?
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Well, Paxful is kind of unique -- that whole P2P gift card trading basically came into existence thanks to Paxful.
And it has been going on for years. Here's an article from 2019:
Paxful is the Most Important Bitcoin Company You Aren’t Paying Attention to. https://medium.com/dlabvc/paxful-is-the-most-important-bitcoin-company-you-arent-paying-attention-to-4e699db0c5ca
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Yes, I am studying a lot of apps and background in recent weeks (no tech background, no clue) like paxful or local bitcoins. I would like to be prepared when hell breaks loose in the Eurozone. I've been in Athens 2012 during these massive wave of protests against the policy measures during r the GFC... wasn't any funny at all
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