Beware of PayPal and other reversible transfer services

[Timelord2067]

The OP's , er, OP was last updated in 2013.

Is Neteller https://www.neteller.com/en/ a reversible method of payment?  I've had someone PM me concerning using it for a transaction (not with me) and I need some guidance.

Yes it is hence it might be funded with Credit Card and so does everything that can by paid that way,

https://www.neteller.com/en/policies/terms-of-use

ready the 10th of their ToS

Hey thanks for that - TL;DR 10.4 looks fierce threatening to send the debt collectors in if someone else causes your account to go negative due to a charge-back...

[MostHigh]

Thanks Theymos this is great information. i have always known pay pals can be conpromised.

[bitswapp]

Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.

This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.

Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)

I offer paying with Paypal (send money as a friend).

www.BitSwapp.com
Please check out my website.

This is a personal website and every order is processed and sent manually.

[TheButterZone]

Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.

This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.

Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)

I offer paying with Paypal (send money as a friend) which is not reversable just like bitcoin.

www.BitSwapp.com
Please check out my website.

This is a personal website and every order is processed and sent manually.

All PayPal methods are reversible, scam in hell.

ETA: PM exchange

!!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!!
Hey man, why would you ruin my reputation.

As for PayPal get your facts straight or learn how to read, because transactions to friend and family on PayPal have no fee and are irreversible.

So if you wanna go around ruining peoples reputation then find out if they are legit before making assumptions.  Thanks.  God Bless.


P.S. I've sold over 20 orders of BTC on my new website and the only reason it works is because the customers trust me and the PayPal money sending(not payments) is irreversible.

Friends and family PayPal translations HAVE been reversed out of the accounts of people I trust a hell of a lot more than some random like you. Your customers' trust is misguided to the point of economic suicide. Take and fuck off.

[xLittlegirly]

Thanks for the info. so all trading with Paypal should not be accepted .

[Conroy18]

Thanks for the info. Was about to use that mofo for exchanges.

Needed a good way to cash out da funds.

[Thule]

donations can be also refunded on paypal if user paid via cc

[FineJuice]

Can you tell if paypal donation was made using cc or not? I thought all donations are irreversible, damn.

[OmegaStarScream]

Can you tell if paypal donation was made using cc or not? I thought all donations are irreversible, damn.

If you can't see these info in the details of a transaction then you probably can't. I believe the user above meant that every transaction is reversible and this is the case. It should be possible for someone to simply call PayPal and tell them that the donation was not authorized and made by his kids or something.

[negancoin]

I got headache after reading all those comments, sound like there is no safe way, always buyers win.

[reych]

Thank you for this information. This will be very helpful. I'll spread the word to my friends and colleagues who uses bitcoins and PayPal.

[SativaDiva]

Thanks so much for this post, this was one of the most helpful ones. I did not know that western union sometimes sued recievers and I damn sure didn't know that $ through paypal could be reversed evenn after weeks. This forum is perfect for newbies.

[Edward2020]

hi how are you doing.just wanna let you know about what i sell and buy.i sell account and buy them also..

[TBrokers_United]

So what's the best way for new members to start exchanging their paypal for bitcoin with other forum members? Is there any escrow services out there?

[Dodonpa]

Hi,  what is the safety place to exchange at the moment paypal for bitcoins? after researchs im see that paxful y virwox are the most safe

[silvaidael]

Hi, I like to know about Perfect Money,

is it reversible?
on site it is stated P2P, is it mean Peer 2 Peer, Person 2 Person or People 2 People

thanks

[Leszek Wit]

Hi. Those all informations are so usefull for everyone who is starting with Bitcoin and altcoins. I'm gonna to read all of topics till the end of my life. Glad to be here.

[saeidza]

So what's the best way for new members to start exchanging their paypal for bitcoin with other forum members? Is there any escrow services out there?

Lakebtc.com and choose SEPA if you're in Europe.

[deejayq]

So what's the best way for new members to start exchanging their paypal for bitcoin with other forum members? Is there any escrow services out there?

Lakebtc.com and choose SEPA if you're in Europe.

why do you hijack the thread?
 TBrokers_United talks about PayPal and BTC and you talk about SEPA. We get it, you need someone to pay the withdrawal fees for you from lakebtc, but if you can't contribute in a positive way, please, don't contribute at all.

[deejayq]

When it comes to finding the best bitcoin exchange things are not all that easy. Why is this so? Simply because many of the best sites to buy bitcoin are rather recently online. This means that they have had little to get the word out about their services and products. Most people coming to this page will be asking how to buy bitcoin online through a secure means. Well, here is a good starting point. Let’s see how.

First thing to consider when looking for the top bitcoin exchange is how safe are the website and server. This boils down to asking: is it a trustworthy exchange providing transparent data of coins in cold storage (more on this later) and are customers happy? It’s also good to lookout for which currency pairs are available: are you looking to trade bitcoin for USD, Euros, or other fiat currencies. The location usually gives an idea of what’s on offer. However, the largest bitcoin sites usually have many options for buying bitcoin with government issued currency and altcoins.

The sheer complexity of researching where to trade bitcoin led me to make this blog. Although you should always do your own research before investing, I hope this helps. Below is the table of the best exchanges to buy bitcoin online. If you are new to cryptocurrency exchanges then lookout for the ‘beginner-friendy’ column.

Secure exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card.

1. https://bestchangeonline.com :
BESTCHANGEONLINE combine an attractive interface, a great site to get bitcoins with a debit card, and multiple online wallets for your digital currency. Over 4,800,000 users are signed up, including 45,000 merchants, and 9000 developer apps. Works well for European, American, & Canadian customers.
 
AND ALSO :

2. Coinbase.com
3. Localbitcoins.com
4. Bitmex.com
5. Cex.io
6. Poloniex.com
7. Kraken.com
8. Bitsquare.io
9. GDAX.com
10. Buysomebitcoins.com
11. Bitstamp.net
12. CoinATMradar.com
13. Wesellcrypto.com
14. Paxful.com

a user with just 1 post...stop poisoning this thread. I bet bestchangeonline is your site, and it has been registered 1month and 2 weeks ago, how can it have 4.8 million users registered?

Hi. Those all informations are so usefull for everyone who is starting with Bitcoin and altcoins. I'm gonna to read all of topics till the end of my life. Glad to be here.

another user with just 1 post, I would say a sock puppet account, I mean c'mon how can you love a list of exchanges that you just have to register an account, post about it and then never log in again?