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Is it Legal to Sell Instagram Accounts?

Is it Legal to Sell Instagram Accounts?

You may have heard quite a lot about the buying and selling of Instagram accounts.

Indeed, people do sell Instagram accounts for a good amount of money.

It has become quite a popular purchase among marketers.

And given that an Instagram account can immensely boost the visibility and following of the user, what a great idea.

The question that remains is, whether or not it is legal to sell Instagram accounts.

There are no laws that prohibit the buying and selling of any social media accounts.

When a user signs up to Instagram, the very first clause in the ToS, outlines that the account holder is solely responsible for all activities of his or her account and that by using Instagram they agree that they will not assign, license, transfer or sell their account, username, followers and account rights to any other person.

Also, anyone, except businesses and people who have the authority to create Instagram accounts for their employees, do not have the permission to create accounts for others.

So when you sign up for Instagram, you agree to not sell your account, but the violation of ToS is not subject to any form of legal violation.

Therefore, even if you go ahead and sell your account, you will not be violating any legal codes.

 

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How Do You Complete the Sale of an Instagram Account?

Although many Marketers have bought accounts to increase their marketing visibility sales are completed using PayPal to ensure that no one is scammed.

Never pay by Western Union or Wire Transfer unless you use a third party Escrow service.

A professional Escrow service manages the transaction to protect both the buyer and seller.

When you communicate with a seller via direct message be careful if you are NOT buying from a legitimate website.

Often scammers will communicate from a different Instagram account than the account they are trying to sell. Make sure you get them to DM you FROM the account they are selling to prove they own it.

When a user makes the decision to sell Instagram account (and proved he owns it), he can contact BuySellShoutouts.com

The site will make payment to the user once the account credentials are provided.

The agreed price is paid through PayPal.

The entire process requires complete verification of the Buyer.

The new owner will then use these accounts to advertise or promote their own products or services.

The Price of an Instagram Account

When determining the price of an Instagram accounts, a fixed standard pricing method does not work.

The price depends entirely upon the number of followers and the quality of followers.

The niche and most importantly the engagement within the account – are followers active?

Accounts with active followers that comment and like in full sentences get the most value.

Conversely, accounts that have fake likes and comments are essentially worthless as they offer no value – the audience is fake.

It is not be wise to rush into a purchase when someone announces to sell an Instagram account.

Often, scammers build accounts with fake followers, likes and comments on accounts created only to sell them.

Be careful and work with reputable businesses like BuySellShoutouts.com