Madden21coins is an online marketplace, similar to eBay or Amazon Marketplace. Madden21coins provides a business platform and payment processing for sellers who want to offer Madden 21 coins. Madden21coins does not sell coins. It promotes sales. Madden21coins mainly makes money through payment processing and value-added services.
Some people refer to Madden21coins as a gray market website because most merchants are not game developers or authorized dealers. Although the "gray market" sounds like a derogatory term, the term also applies to eBay's online marketplace. For example, if you buy a watch on eBay, you can buy it from a private owner or a small business that specializes in second-hand watches. Either way, the watchmaker will not authorize the transaction, nor will it profit from it.
Most gray market MUT 21 coins are sold.
Tradable Madden Coins is a digital product that can be copied and distributed at almost no cost. Therefore, the cost of Coins may vary. Game developers often charge different prices to customers in other parts of the world because consumers' disposable income in developing countries is usually lower than that of consumers in developed countries such as the United States. Some sellers on Madden21coins take advantage of this fact by buying cheap MUT 21 coins for developing countries and reselling them on Madden21Coins at higher prices.
In annual Steam promotions and other activities, Madden21Coins sellers often buy MUT 21 coins in bulk for resale. In some cases, Madden21Coins sellers may even negotiate directly with game developers to ensure special prices for buying Coins in bulk.
Some gray market MUT 21 coin sellers are not completely honest.
Sometimes, sellers on Madden21Coins charge low prices for Coins because they bought these Coins with money that did not belong to them. In 2016, a Brazilian hacker used a stolen credit card number to purchase MUT 21 coins from the official website. The hacker made more than $500 by selling fraudulent Coins, and he did not go to jail for it. Since the chargeback procedure can take up to 30 days to complete, some thieves have used the official website to launder money. By the time the chargeback started to happen, the thief had already begun to make a profit. In addition to the $40 loss per fraudulent transaction, the official website must pay its credit card processor $30 for each refund. The company lost thousands of dollars and was abandoned by its payment processor.
Some Madden21Coins sellers obtain MUT 21 coins by impersonating YouTube characters. Many of the most popular channels on YouTube contain game-related content, so developers usually offer YouTube characters free MUT 21 coins in exchange for online exposure. In 2015, a game developer impersonated a YouTube celebrity and asked the software developer to provide free MUT 21 coins.