Bitcoin Forum

Economy => Currency exchange => Topic started by: Jamacn on July 01, 2014, 07:07:29 AM



Title: Do buy BTC on paypal ?
Post by: Jamacn on July 01, 2014, 07:07:29 AM
To see a lot of people in forum buying and selling BTC on Paypal
How is paypal have this function? never tried I.
Who can told me in detail.


Title: Re: Do buy BTC on paypal ?
Post by: Dogtanian on July 01, 2014, 03:47:00 PM
Most sellers tend to not accept bitcoin because the buyers can easily chargeback. The process is pretty simple. You send the person the money via paypal and they send you the coins, but the risky part is the chargeback after you have recieved the coins.


Title: Re: Do buy BTC on paypal ?
Post by: RodeoX on July 01, 2014, 03:51:14 PM
It works like this:

1. Buyer and seller agree on a price.
2. Seller sends bitcoin to buyer.
3. Buyer is never heard from again.

OR

1. Buyer and seller agree on a price.
2. Buyer sends PayPal to seller.
3. Seller is never heard from again.