Making around $37 per BTC with instant trading

[thisisthis]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

[densuj]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

Does www.satelexchange.com is your website?

[thisisthis]

Step 1 is to buy BTC with USD [from https://www.coinbase.com if you are able to, or somewhere where the price is similar to $429].

Step 2 is to sell those same BTC for paypal USD [at https://www.satelexchange.com].


So basically you can buy 1 BTC for $429 and sell it for $466. The profit is around $37 per BTC.

Does www.satelexchange.com is your website?

Yes satelexchange.com is my recommendation for selling. Currently the best price gap is between coinbase and satelexchange, but you can try using other exchanges too if you find bigger price difference.

[Arcteryx]

This method does not seem legit. They will suspend your account if they are suspect about buying bitcoin via your account. It has happened to others before. As many know, too many transactions brings up as suspicious activity on their end.

[bitba.org]

PAYPAL IS REVERSIBLE

[enhu]

I feel unsafe with paypal really, so should you guys.

If the site is really legit, the owner must knew this forum exist and that his target audience are from here to which must have visibility maybe ANN thread. Else I MIGHT ASSUME he's going to file a dispute to paypal transaction.

[densuj]

PAYPAL IS REVERSIBLE

Yes i agree that is make fear 

[thisisthis]

I feel unsafe with paypal really, so should you guys.

If the site is really legit, the owner must knew this forum exist and that his target audience are from here to which must have visibility maybe ANN thread. Else I MIGHT ASSUME he's going to file a dispute to paypal transaction.

The payment i received was from Virtual World Services. So i guess the owner is affiliated with Virwox for processing the payments, which makes the paypal transactions safe.

[BitcoinMarketStore]

It seem an Arbitrage, but i don't trust paypal payement

[Biochemical]

I got the payment exchanged (3.0570951 BTC)! Thank you all.

[tiggytomb]

Yeah people need to be a bit careful with Paypal as it can be reversed and there is the chance of being ripped off.

[JacktheMinner]

I got the payment exchanged (3.0570951 BTC)! Thank you all.

show the transaction ID or it did not happen!

[Biochemical]

I got the payment exchanged (3.0570951 BTC)! Thank you all.

show the transaction ID or it did not happen!

ed12337fb6613ae944cabebbe5f4d651ac0cead173a6b0651e8c5d636330a2d1

[digit]

watch out with this site, it was created less than 3 weeks ago, any money you receive from it can be reversed weeks even months from now in the future.
looks very suspicious  

Code:

Domain Name: SATELEXCHANGE.COM 
Registry Domain ID: 1989167828_DOMAIN_COM-VRSN 
Registrar WHOIS Server: whois.enom.com 
Registrar URL: www.enom.com 
Updated Date: 2015-12-23T10:07:51.00Z 
Creation Date: 2015-12-23T18:07:00.00Z 
Registrar Registration Expiration Date: 2016-12-23T18:07:00.00Z 
Registrar: ENOM, INC. 
Registrar IANA ID: 48 
Reseller: NAMECHEAP.COM 
Domain Status: clientTransferProhibited https://www.icann.org/epp#clientTransferProhibited 
Registry Registrant ID: 
Registrant Name: BTC TO MONEY 
Registrant Organization: 
Registrant Street: 682 E MOUNTAIN AVE 
Registrant City: LAS CRUCES 
Registrant State/Province: NM 
Registrant Postal Code: 88001 
Registrant Country: US 
Registrant Phone: +1.5756461504 
Registrant Phone Ext: 
Registrant Fax: 
Registrant Fax Ext: 
Registrant Email: BITCOIN2MONEY@HOTMAIL.COM 
Registry Admin ID: 
Admin Name: BTC TO MONEY 
Admin Organization: 
Admin Street: 682 E MOUNTAIN AVE 
Admin City: LAS CRUCES 
Admin State/Province: NM 
Admin Postal Code: 88001 
Admin Country: US 
Admin Phone: +1.5756461504 
Admin Phone Ext: 
Admin Fax: 
Admin Fax Ext: 
Admin Email: BITCOIN2MONEY@HOTMAIL.COM 
Registry Tech ID: 
Tech Name: BTC TO MONEY 
Tech Organization: 
Tech Street: 682 E MOUNTAIN AVE 
Tech City: LAS CRUCES 
Tech State/Province: NM 
Tech Postal Code: 88001 
Tech Country: US 
Tech Phone: +1.5756461504 
Tech Phone Ext: 
Tech Fax: 
Tech Fax Ext: 
Tech Email: BITCOIN2MONEY@HOTMAIL.COM 
Name Server: DNS1.NAMECHEAPHOSTING.COM 
Name Server: DNS2.NAMECHEAPHOSTING.COM 
DNSSEC: unSigned 
Registrar Abuse Contact Email: abuse@enom.com 
Registrar Abuse Contact Phone: +1.4252982646 
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/ 
Last update of WHOIS database: 2015-12-23T10:07:51.00Z 

The data in this whois database is provided to you for information 
purposes only, that is, to assist you in obtaining information about or 
related to a domain name registration record. We make this information 
available "as is," and do not guarantee its accuracy. By submitting a 
whois query, you agree that you will use this data only for lawful 
purposes and that, under no circumstances will you use this data to: (1) 
enable high volume, automated, electronic processes that stress or load 
this whois database system providing you this information; or (2) allow, 
enable, or otherwise support the transmission of mass unsolicited, 
commercial advertising or solicitations via direct mail, electronic 
mail, or by telephone. The compilation, repackaging, dissemination or 
other use of this data is expressly prohibited without prior written 
consent from us. 

We reserve the right to modify these terms at any time. By submitting 
this query, you agree to abide by these terms. 
Version 6.3 4/3/2002 

[Holdaaja]

Minimum sell is 0.5BTC...
Why is it so high? Seems like scam site to me.
Also if using this site might get paypall banned.

[JacktheMinner]

I feel unsafe with paypal really, so should you guys.

If the site is really legit, the owner must knew this forum exist and that his target audience are from here to which must have visibility maybe ANN thread. Else I MIGHT ASSUME he's going to file a dispute to paypal transaction.

The payment i received was from Virtual World Services. So i guess the owner is affiliated with Virwox for processing the payments, which makes the paypal transactions safe.

is Virtual World Services same with www.Virwox.com ? so actualy virwox processes the paypal payments? If the answer is yes, than it is secure.

[Arcteryx]

It seem an Arbitrage, but i don't trust paypal payement

Well all this should change as ex-xapo ceo has been appointed as director of paypal just a few hours ago.
This should bring bitcoin payments more easier to do with paypal going forward without so much worry(link)about being suspended using their services for making purchases of bitcoins going into the future.

http://www.coindesk.com/paypal-xapo-wences-board-directors

[Amph]

if you buy again with the same amount on your paypal, other bitcoin again, how they cna charge you back? there will be zero on your account of paypal

the issue, is more related to that shady website, which i never heard before and is minimum is suspicious as hell

[Bitinity]

I got the payment exchanged (3.0570951 BTC)! Thank you all.

No one will believe it except you show valid proofs of what you said. If it is really happened, how much profit you got from this?

[partysaurus]

PAYPAL IS REVERSIBLE

Yes i agree that is make fear 

I lost some money on the revers. its a real problem with paypal sooner or later you get burned by a scammer , paypal made it to easy to reverse.