Been away - what are the risks for SELLERS and what services to use?

[n4ru]

I was a very active seller of BTC here a little while back. I had a dozen or so customer interactions a day and after being scammed out of $7k via QuickPay + MoneyPaks decided to stop.

What are the current popular payment methods and how does one go about selling again? How is VanillaReload and related services? What are the money limits/caps that I should know about?

I am operating in the US so I need to know what is acceptable for use here.

Thanks!

[Brooker]

Well it's a good idea to use escrow and do your own thorough research into what payment methods are good for you and the country you reside in. I think good old fashioned bank transfers are probably one of the best options, though.

[NeuroticFish]

From what I know, stay away from PayPal as good as you can, because a lot of scammers use the chargeback. And, if possible, use escrow.

[Miracal]

If you are a merchant, you can connect to BTC payment processor coinbase or bitpay, which will give you comfort.

[marcotheminer]

Maybe it was different a while back, but nowadays, ALWAYS use an escrow no matter the deal and if it is 'necessary'. There are many more scammers lurking around here. Other than that, enjoy!

[oceans]

Couldn't agree more with escrow. I would definitely recommend using that and also doing your own thorough research on anyone you deal with before completing a deal to prevent any further problems for you