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Status of Bitcoin and PayPal?
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Topic: Status of Bitcoin and PayPal? (Read 1200 times)
davis196
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Re: Status of Bitcoin and PayPal?
June 09, 2016, 05:43:22 AM
#21
Quote from: ammario on June 04, 2016, 01:08:32 AM
I understand that PayPal doesn't offer seller protection in Bitcoin transactions but are they still locking accounts?
My advice.Never mention the word "bitcoin" in any paypal invoice or payment request and you will be fine.
It`s OK to trade btc to pp if you follow the advice above.
Why are you asking this?Was you paypal account locked before?
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Re: Status of Bitcoin and PayPal?
June 09, 2016, 04:29:17 PM
#22
Quote from: ammario on June 04, 2016, 01:22:12 AM
Thanks for the response, I was interested in creating a PayPal to Bitcoin website with a unique approach to fraud detection/prevention and was just hoping PayPal wouldn't lock the account.
They have a tos if you adhere and conform to that you will be safe,you also need to provide them all the business permit that you are holding in case they asked it ,they will only lock your fund for verification purposes of your business...
redviper
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Re: Status of Bitcoin and PayPal?
June 09, 2016, 04:32:47 PM
#23
If they get the slightest inkling that you are dealing in bitcoins, they'll limit your account for 180 days. At least, that's what happened to my account.
CryptoBrother
Sr. Member
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I LOVE THE LIR PROJECT
Re: Status of Bitcoin and PayPal?
June 09, 2016, 04:34:09 PM
#24
Bitcoin and paypal are like oil and water.
Let,s just leave it at that.
I love the ACES dev for giving me my investment back
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