moneyafric
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July 25, 2018, 07:34:01 PM |
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I am trying to sell LTC for the first time. I have accounts on bct-e and vircurex but I am not understanding how the usd I get from selling gets into my bank account. can someone point me in the right direction? I am having a hard time finding a post about this but there has to be one.
thanks
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OmegaStarScream
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July 25, 2018, 07:55:51 PM |
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I am trying to sell LTC for the first time. I have accounts on bct-e and vircurex but I am not understanding how the usd I get from selling gets into my bank account. can someone point me in the right direction? I am having a hard time finding a post about this but there has to be one.
thanks
BTC-E closed and re-opened as Wex.nz. I'm not sure of your question but the procedure is simple (assuming that they support that), the exchange send you fiat to your bank account in exchange of your LTC or BTC. As for Vircurex, I never heard of the exchange but after some searching, It seems like they have a class-action lawsuit against them and they are not longer operating.
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celeNG666
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July 26, 2018, 10:02:39 AM |
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Im not really use that kind of services... but thanks for the information... Im really apreciated it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Giardesano
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July 27, 2018, 10:38:24 AM |
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Is Circle Pay a reversible transfer service?
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MadGamer
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July 27, 2018, 12:53:04 PM |
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Is Circle Pay a reversible transfer service?
Just like the Neteller, Skrill and the rest of payment methods. If the account was funded using crypto, no, otherwise yes. I suggest reading the full User agreement so you know what you're getting yourself into: Once a bitcoin transaction has been initiated, it cannot be reversed. Deposits using a bank account, debit card, or credit card may be reversed or may be subject to a chargeback or related claim.
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vutienthanh
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July 30, 2018, 05:50:29 PM |
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This is why the ecommerce model, Shopify online shopping needs to have Paypal presence in the payment. To assist shoppers with the safest level possible. And that is why PayPal is still in the limelight even as Bitcoin is gaining market share. PayPal does not seem to lose its value. But PayPal users must know the big disadvantage of PayPal with the current user is the problem Limit. Unfortunately, you will need to withdraw a certain amount of money on PayPal when this happens
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Giardesano
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July 31, 2018, 08:19:08 PM |
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Is Circle Pay a reversible transfer service?
Just like the Neteller, Skrill and the rest of payment methods. If the account was funded using crypto, no, otherwise yes. I suggest reading the full User agreement so you know what you're getting yourself into: Once a bitcoin transaction has been initiated, it cannot be reversed. Deposits using a bank account, debit card, or credit card may be reversed or may be subject to a chargeback or related claim.
Thanks
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roccobull
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August 06, 2018, 08:58:32 PM |
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PayPal is definitely one of the least secure methods of payment. so much fraudulent activity every transaction has to be verified personally. Too bad we cant go back to the days where our monetary system/exchanges were completely reliable and trustworthy.
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Giardesano
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August 14, 2018, 12:15:18 AM |
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Why is Western Union reversible?
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MadGamer
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August 14, 2018, 05:52:39 PM |
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Why is Western Union reversible?
It's explained. I believe the reverse won't happen just because you told them, there should be a lawsuit but I believe If the transaction is worldwide, and you will get your money instantly, you should be fine.
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DynamicBlockchain
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August 21, 2018, 12:09:49 PM |
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Good evening , this is my first post: Paypal reverse by credit card : as the money is chargedback it can be chargedback by the legal owner of the credit card that also bought you bitcoins ( in this case Paypal can give the data of the client and a case can be opened ) or by a stolen credit card that was used to buy bitcoins ( in this case Paypal should pay as they accepted the credit card ) . Is there any lawer who can do the work of the case and get payed only if the case is won? Thanks 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)
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_oh_no_stop_this_
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August 27, 2018, 06:14:38 AM |
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The best option is a personal meeting and cash-to-coins exchange. Much better than any of the services.
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MadGamer
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September 07, 2018, 05:02:04 PM |
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I never heard that Western Union is reversible? I even tried once to return my founds, no way.
What then they other best option to use fiat to buy coins/bitcoins then?
If you pickup your funds and transactions is between other countries, I don't believe there is much that can be done. I would just use an exchange that accept credit cards If I were you, something like Coinmama or Coinbase should do the trick.
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_oh_no_stop_this_
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September 11, 2018, 05:41:58 PM |
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When I sell something using paypal, so many sales being reversed due to "credit card fraud" and I never get refund. That is all I get for their ridiculous fees
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Alex_Zi
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October 12, 2018, 09:07:34 PM |
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PayPal, MoneyBookers (Skrill) is very centralized. I don't like all of it. There ae a lot of problems to use it for changing fiat to crypto and back.
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PepsLove
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October 17, 2018, 01:29:38 PM |
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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 have lost 150$ at paypal for some payment of btc. They can easily create a ticket and force you to refund money back to them. PayPal can charge your credit card if you move your funds out of it. beware.
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PepsLove
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October 17, 2018, 01:30:29 PM |
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PayPal, MoneyBookers (Skrill) is very centralized. I don't like all of it. There ae a lot of problems to use it for changing fiat to crypto and back.
skrill is even more dangerous. they can just refund the buyer and also charge you for inappropriate usage of their service. avoid!
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MadGamer
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October 18, 2018, 09:03:48 AM |
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skrill is even more dangerous. they can just refund the buyer and also charge you for inappropriate usage of their service. avoid!
I believe Skrill is much harder when it comes to chargebacks so I would recommend it over PayPal and I don't think what you said is even possible. By that logic, If the transaction from A to B is made and then one user is sending to another, everyone will lose their funds? that would make the company close in a matter of days.
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Alex_Zi
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October 24, 2018, 08:24:14 AM |
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PayPal, Skrill (MoneyBookers) and so on was actually long time ago in the far far galaxy))) It is very centralized and has very high fees. It's better to use p2p private platform of meetinf face to face for exchange, but this way has another dangers.
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shekt4
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October 26, 2018, 10:05:36 AM |
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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)
Yes ....so true ! A friend once had check back issues after receiving cash through a bank transfer which he has rendered service...it was a bad experience for him! Since that ugly incident...me and my co networks are very careful as to where payments are coming from....
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