Bitcoin Forum

Economy => Currency exchange => Topic started by: statdude on June 01, 2017, 06:50:14 PM



Title: Is it safe to sell to Paypal?
Post by: statdude on June 01, 2017, 06:50:14 PM
I keep seeing people selling to paypal but thought that was a sure way to get scammed when they charge it back eventually.

Or has that changed?


Title: Re: Is it safe to sell to Paypal?
Post by: sardasa on June 01, 2017, 07:41:38 PM
I keep seeing people selling to paypal but thought that was a sure way to get scammed when they charge it back eventually.

Or has that changed?

Depends upon who you accept PayPal from.
If you deal with reputable trader with good history of PayPal to BTC and BTC to PayPal trades then it's less likely that they will reverse the payment ..


Title: Re: Is it safe to sell to Paypal?
Post by: menikmati on June 01, 2017, 07:44:52 PM
Exactly, I would say nothing changed. Have to proceed with cautions even after week they could still reverse it. So trusted guys I guess is the way to go


Title: Re: Is it safe to sell to Paypal?
Post by: ninche on June 01, 2017, 07:57:11 PM
it is safe but only with trusted members who have previous trading history with paypal


Title: Re: Is it safe to sell to Paypal?
Post by: indohardware on June 01, 2017, 08:48:40 PM
I keep seeing people selling to paypal but thought that was a sure way to get scammed when they charge it back eventually.

Or has that changed?

need know that paypal not allowed bitcoin transaction with them.  :)


Title: Re: Is it safe to sell to Paypal?
Post by: Lone Shark on June 02, 2017, 12:02:07 AM
I keep seeing people selling to paypal but thought that was a sure way to get scammed when they charge it back eventually.

Or has that changed?

Depends upon who you accept PayPal from.
If you deal with reputable trader with good history of PayPal to BTC and BTC to PayPal trades then it's less likely that they will reverse the payment ..

I agree, I've dealt with trusted people on the forum and never had a chargeback in my case. However, since paypal can be chargeback within 365 days from what I read from the internet, it is yet to be seen if they would do a chargeback from here. I hope not though, as having a negative balance will initiate paypal's action against the user unless it is paid back.