Reddit is a popular social media site with over 430 million active users worldwide. The website has forums called subreddits on nearly every subject including current events, crafts, personal finance, and funny memes. When other users like your comments and posts, you get points called karma. The amount of karma you have is displayed on your profile and shows that you’re a valuable member of the community.
Believe it or not, companies often want to buy Reddit accounts that have a lot of karma for marketing purposes. If you’ve been active on the site for a few years, you may be able to earn as much as $200 for your account. Read on to learn how to sell your Reddit account and what it may be worth.
How to Sell Your Reddit Account
The easiest way to sell your Reddit account is to list it on a marketplace like PlayerUp. They have systems in place to securely transfer ownership of your account so you don’t get scammed. PlayerUp takes a small cut of each sale, but it’s worth it to know your account information is safe. Soar.sh also provides a platform for buying and selling reddit accounts. Their marketplace is here.
What Is Your Profile Worth?
When you list your account on PlayerUp, you’ll be able to set the price you want for it. To determine what your profile is worth, it helps to look at comparable accounts that are already for sale on the marketplace.
Accounts that only have a couple thousand karma usually sell for $40 to $50. But if you’ve accumulated 10,000 to 50,000 karma, your account could fetch $100 to $150. Accounts with 50,000 to 100,000+ karma are even more valuable and could earn you $200 or more.
The age of your Reddit profile is also a factor. Reddit users tend to trust people who have been active on the site for a few years. Marketers want those profiles because it makes their promotional posts seem more legitimate and less like spam. So if you’ve been a top contributor on Reddit for several years, your account will be worth more to buyers than one created just a couple months ago.
Awards and subreddit memberships may also be a factor. Some Reddit users have special trophies and awards that could add value to their account. Additionally, if you’re a member of a private subreddit like EternityClub for users who have created viral posts, your account might be worth more.
Should You Sell Your Reddit Account?
Now that you know how to sell your Reddit account, you may be wondering if it’s a good idea to part with your profile. One thing to keep in mind is that selling your profile might violate Reddit’s terms of service. If Reddit finds out you’re selling your accounts, you could probably be banned from the website.
But if you’re ok with bending the rules, selling your Reddit account could be a good way to earn some extra cash quickly when you’re in a financial bind.
Would you ever sell your Reddit or other social media accounts? Let us know in the comments section below!
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Vicky Monroe is a freelance personal finance and lifestyle writer. When she’s not busy writing about her favorite money saving hacks or tinkering with her budget spreadsheets, she likes to travel, garden, and cook healthy vegetarian meals.