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Author Topic: Is selling BTC through PapPal worth it?  (Read 277 times)
lionproof (OP)
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February 06, 2016, 10:31:00 AM
 #1

I've been seeing ads for people who wish to buy and sell Bitcoin with PayPal, and this got me curious of the risks involved.

After researching, it seems chargebacks are prevalent, and PP is still shutting down accounts known to be exchanging Bitcoin.

Is it even worth the risk? Chargebacks being my main concern
frankenmint
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February 06, 2016, 10:40:19 AM
 #2

I've been seeing ads for people who wish to buy and sell Bitcoin with PayPal, and this got me curious of the risks involved.

After researching, it seems chargebacks are prevalent, and PP is still shutting down accounts known to be exchanging Bitcoin.

Is it even worth the risk? Chargebacks being my main concern

NEVER


Is that clear enough???  Why waste the risk - you just get chargeback fraud on your account 60 days later and you're out of BTC on top of money...fuck that.

Lethn
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February 06, 2016, 05:28:58 PM
 #3

I don't know what fees are like in other countries, but I use Localbitcoins for small amounts of coins and a simple wire transfer, the chargeback risk with Paypal definitely isn't worth it.
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