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Author Topic: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why  (Read 28394 times)
Holm
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April 04, 2014, 08:12:38 AM
 #321

for buying bitcoins through PayPal is not excellent for sellers 
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SteinsMadScientist
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August 14, 2016, 09:03:01 AM
 #322

I'm super glad that I do not use paypal.  I considered it as an alternative in purchasing btc however another forum I am affiliated with (Rimbit) also advised against making this mistake.  *phew*
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November 04, 2016, 01:19:26 AM
 #323

if exchanging other currencies for bitcoin is best done person to person, wouldn't it weights down the benefits of bitcoin by a lot?

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November 27, 2016, 05:17:18 AM
 #324

Ive seen a lot of people do that and have never been scammed

But I mean I guess I know what you mean anyways so whatever
Deep In The Mines LLC
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November 28, 2016, 07:07:49 PM
 #325

Dosen't matter if your friends didn't get scammed, selling Bitcoin for Paypal is ridding yourself of any chance of regaining those said Bitcoins should anything go wrong with the transaction, and also giving the buyer a lot more leverage over you (infinite leverage in this case), you shouldn't relay on chance and buyers remorse my friend.

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July 02, 2017, 09:50:54 PM
 #326

I guess the best way to do this with paypal is if the person is right in front of you and does the transaction live, if not it does become hard. I men it has taken 3 weeks to approve an account on coinbase (others like poloniex were faster though).
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July 08, 2017, 08:04:55 PM
 #327

O.K. I've read all and it does seem that Paypal is risky for trading. But, I couldn't see any suggestions for the alternative means of trading? How should one trade bitcoins for money? Thanks in advance!
raaaj100
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December 29, 2017, 10:19:51 PM
 #328

PayPal seems like a nightmare for sellers, but is pretty nice for buyers.

And sometimes it's easier to sell a good product when your buyer knows he can reverse the payments if necessary.
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February 18, 2018, 07:55:40 AM
 #329

Thanks for this post! I have heard stories of friends who were sellers ripped off by PayPal through disputes with buyers, so this makes perfect sense!
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March 23, 2018, 05:54:22 PM
 #330

One of the best and comprehensive post to read to all the newer peeps that are joining the crypto world!

Better safe than sorry  Smiley
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March 24, 2018, 04:32:36 AM
 #331

It's hard to trust anything with bitcoin if that's the case, but isn't it why bitcoin is here for?
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