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Author Topic: [WTS] Paypal USD for BTC  (Read 926 times)
CoupeFanatic (OP)
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April 07, 2016, 02:33:53 PM
 #1

I'm currently running a business here in my country. My business requires me to use PayPal as one of my payment solution, of course there is other payment methods, but many of my customers prefer PayPal.

My Paypal Account is in USD, and converting it to my local currency is just too expensive, not to mention PayPal charges a percentage when withdrawing to my bank account.

I'm willing to sell my PayPal USD for BTC, I'm only looking to avoid the fees incurring during currency exchange, not looking to profit here.
PayPal foreign exchange fees are just too high.

1:1 ratio exchange is okay for me, I don't need to earn from here. And I will also absorb the PayPal receiving fees, but no foreign exchange fees, so it will be great if your PayPal is in USD as well.

eg.
$50 dollar worth of BTC, you get $50 in your PayPal account.

Start from low amounts, we can build trust.

Cheers
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sardasa
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April 07, 2016, 03:58:51 PM
 #2

I'm currently running a business here in my country. My business requires me to use PayPal as one of my payment solution, of course there is other payment methods, but many of my customers prefer PayPal.

My Paypal Account is in USD, and converting it to my local currency is just too expensive, not to mention PayPal charges a percentage when withdrawing to my bank account.

I'm willing to sell my PayPal USD for BTC, I'm only looking to avoid the fees incurring during currency exchange, not looking to profit here.
PayPal foreign exchange fees are just too high.

1:1 ratio exchange is okay for me, I don't need to earn from here. And I will also absorb the PayPal receiving fees, but no foreign exchange fees, so it will be great if your PayPal is in USD as well.

eg.
$50 dollar worth of BTC, you get $50 in your PayPal account.

Start from low amounts, we can build trust.

Cheers

New story for scamming? Person who sells you BTC would be at risk for next 6 months as PayPal can be charged back for up to next 180 days but BTC cannot.

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April 07, 2016, 04:05:53 PM
 #3

New story for scamming? Person who sells you BTC would be at risk for next 6 months as PayPal can be charged back for up to next 180 days but BTC cannot.
I do not trust it either. Paypal has a lot of very decent options to transfer money to your own bank account, in my country without extra charge. Of course you pay a percentage to convert USD to your local currency, but you can also make your customers pay in your local currency directly. There are better ways to do this, if it is a legit offer. The fact that you want bitcoins makes me doubt your offer.
All in all this sounds like an offer I would not trust.

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Lutpin
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April 07, 2016, 04:07:10 PM
 #4

1:1 ratio exchange is okay for me, I don't need to earn from here. And I will also absorb the PayPal receiving fees, but no foreign exchange fees, so it will be great if your PayPal is in USD as well.
eg.
$50 dollar worth of BTC, you get $50 in your PayPal account.
It's great you're OK with an 1:1 trade, since you're on the side that usually pays the premium Grin

Start from low amounts, we can build trust.
As sardasa said, you're paying with a reversible payment option, which can be easily revoked up to 180 days,
the other party would pay in a non-reversible payment option, without any option to revoke their payment (in case you reverse after some weeks/months).

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ElMoIsEviL
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April 07, 2016, 04:09:32 PM
 #5

I just got a story from someone he got his money reversed after 8 months yes you have read it correct 8 months paypal told him it was credit card chargebackl

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April 07, 2016, 04:10:32 PM
 #6

What country do you live in? Since when did PayPal start charging fees to withdraw to a bank account?

1:1 - LOL. Let's be real here, even those who've been around for awhile have a hard time getting 1:1 deals. You being a new member would be looking at +~20% at minimum, if you can even find someone willing to do that.
CoupeFanatic (OP)
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April 07, 2016, 04:35:21 PM
 #7

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.
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April 07, 2016, 04:39:20 PM
 #8

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.

CoupeFanatic (OP)
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April 07, 2016, 04:50:22 PM
 #9

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.
You mean i should charge like 2-5% for the transaction?
sardasa
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April 07, 2016, 04:51:43 PM
 #10

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.
You mean i should charge like 2-5% for the transaction?

and you say you're a business man?

CoupeFanatic (OP)
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April 07, 2016, 04:57:47 PM
 #11

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.
You mean i should charge like 2-5% for the transaction?

and you say you're a business man?
I believe this is a forum where people share their ideas and what not about this beautiful concept of cryptocurrency, yes i do do business, i do it for a living.

But just because i want to perform a transaction that is free, without any extra chargers whatsoever.

I'm not a licensed currency exchanger or what not, and I'm not looking to profit from this either.

I believe there are many people out there that seeks for the opposite of what i'm looking for, i'm here to trade, not for profit. just take this a giving back to the community will ya. not everything has to have a catch...
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April 07, 2016, 04:59:31 PM
Last edit: April 07, 2016, 05:15:06 PM by sardasa
 #12

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.
You mean i should charge like 2-5% for the transaction?

and you say you're a business man?
I believe this is a forum where people share their ideas and what not about this beautiful concept of cryptocurrency, yes i do do business, i do it for a living.

But just because i want to perform a transaction that is free, without any extra chargers whatsoever.

I'm not a licensed currency exchanger or what not, and I'm not looking to profit from this either.

I believe there are many people out there that seeks for the opposite of what i'm looking for, i'm here to trade, not for profit. just take this a giving back to the community will ya. not everything has to have a catch...

Either you're too naive or pretending that you don't know how PayPal works (I assume it's the 2nd part as you deal a lot with PayPal)

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April 07, 2016, 05:00:36 PM
 #13

i will take a risk an exchange a bit, will see how it ends
CoupeFanatic (OP)
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April 07, 2016, 05:11:39 PM
Last edit: April 07, 2016, 05:58:50 PM by CoupeFanatic
 #14

i will take a risk an exchange a bit, will see how it ends
Payment sent to repas.sventa@gmail.com

UPDATE: the above email is a scum, scammer

Skype name: techstyle2
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April 07, 2016, 05:14:03 PM
 #15

Payment sent to xyz
Disclosing their contact information in public, great.

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CoupeFanatic (OP)
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April 07, 2016, 05:20:56 PM
 #16

Payment sent to xyz
Disclosing their contact information in public, great.
Whoooops
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April 07, 2016, 05:28:16 PM
 #17

i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.
Friends & Family is for, as the name says, friends and family. I've read about someone who got his Paypal-account closed after accepting a payment from a scammer this way. This option is for people you know and trust, and it will be a charge back after creditcard fraud of if the account has been stolen.

There are safer ways to get your Bitcoins on your own Paypal-account.

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April 07, 2016, 05:32:10 PM
 #18

i will take a risk an exchange a bit, will see how it ends
Payment sent to xxxxx.sxxxxa@gmail.com

Sorry for disclosing this info, i'm still new here Sad

Don't know about PokerPro but can say you'll eventually lose money (assuming you won't chargeback) or waste time sending first to members with negative negative feedback.

Good luck.
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April 07, 2016, 05:42:27 PM
 #19

i will take a risk an exchange a bit, will see how it ends

Close Paid with PayPal balance
Transaction ID23K93098K46341407
Sent to Ixxxx Sxxxxxxxxxxx xxxxx.sxxxxx@gmail.com
Details Sent to Ixxxx Sxxxxxxxxxxx

Done.


Update: no bitcoins sent in yet. I'm -100USD right now. thanks to PokerPro. Skypeid: techstyle2

waiting for this btc
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April 07, 2016, 05:45:43 PM
 #20

Update: no bitcoins sent in yet. I'm -100USD right now. thanks to PokerPro.
waiting for this btc
You've sent $100 first to a member without any notable reputation (in difference, they even got a lot of negative untrusted feedback)?

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