I see people selling wow tokens in the trading forum. How does that work? Is it just listen on AH or traded somehow?

they give you gold and you buy the token

or they buy the token /w real money and sell to you vs fg

Like gifting the token or what? I'm still a little loss on it.

Most of the time they are selling them this way.
1 you bin the token
2 you make a level 1 char on the server the person tells you too
3 you catch a ride to the nearest ah from the person selling
4 (depends on how u trade) you send them the fg they give you the gold to buy the token .
5 you buy the token
6 you use he token for game time or to add to your battle net account
7 you come back to d2 jsp say t4t you then you have a good rest of the day
8 if the trade goes well and the person has more tokens for sale you make yourself a return customer.

That's awesome, is this illegal in any way?

(Is it sketchy to blizzard that I create a new char on a different server and get enough gold to buy a wow token?)

So what if I'm selling? Just reverse that?

Okay so this is “against blizzards tos” however if you don’t mention jsp blizzard chat at all I have not seen anyone get in any trouble for doing this. And yes if you are selling the token just reverse what I told you some one will bin it you take them to the ah and you get your fg and then you give them the gold for the token and they decided what they want to do with the token