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November 27, 2016, 06:43:42 AM |
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Okay so I've been in the Bitcoin community for a little over a year but only recently got interested in trading (p2p buying/selling).
Last night I made a trade - sold my bitcoin for paypal through paxful; managed to make $11 profit (not much but it's a start). I'm fairly confident (but not 100%) that the person I sold it to isn't a scammer, he had +96 feedback and I back checked the users who left him a feedback making sure that the people he's transacted with also have a reasonably positive rating and have been active for at least one/few months.
However, after doing a lot of research, I found out - as most of you are aware - paypal and the business of bitcoins don't mix and I'm now extremely hesitant to use paypal as a form of accepting payment. So, what are my other options?
I have Skrill, Neteller and OKpay; all verified but I read Skrill can be problematic for the same reasons as paypal so I definitely don't want a frozen account or scammer chargebacks.
I'm waiting for verification at Bitbay, but the bid/ask spread is quite high.
Sp please advise me on the trusted methods to accept payment; I would like to generate a side income through BTC trading and I have decent capital so any advice on these things is also greatly appreciated.
Thanks in advance.
Edit: Grammar and spelling.
Edit #2: Just wanted to add that having signed up to bitcointalk.org and browsing through services, I saw that people were selling paxful accounts with +X feedback ratings; damn! This makes me really upset, I was already hesitant about selling through paxful, but man...I really don't know who to trust anymore. So if someone could give me some practical advice on how to protect myself from scammers, it would also be much appreciated.
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