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Title: Bitcoinary fees Post by: mobile4ever on April 01, 2013, 03:28:46 PM I just found out that bitcoinary.com is charging 2.5 percent for a bitcoin to paypal trade.
Paypal is 2.9 percent! This is bullcrap! Please lower your fee bitcoinary. Please complain with me... its our money. Title: Re: Bitcoinary fees Post by: bitsource on April 01, 2013, 03:35:01 PM I have a couple of comments:
Paypal is at best very risky - they are prone to chargebacks which most always results in you loosing both your money and bitcoins. Trust me I am speaking from painful experience. Second, the Bitcoinary fee is the Escrow fee. It is actually up to you and your trading partner if you want to go via Escrow or not. Personally the small fee is actually worth it. More so than the gambling of going through Paypal in the first place. I find that Bitcoinary at least is trying to minimize fraudsters. Title: Experiences Post by: mobile4ever on April 02, 2013, 04:39:34 PM I have a couple of comments: Paypal is at best very risky - they are prone to chargebacks which most always results in you loosing both your money and bitcoins. Trust me I am speaking from painful experience. I have been one of the ones who have not gotten burned there, thankfully. The fee is still too high, in my opinion. If it were my site, I would charge one percent maximum. |