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Author Topic: selling bitcoin (localbitcoins)  (Read 485 times)
PersonG
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February 07, 2017, 01:29:03 AM
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Hello
 i want to sell my bitcoins in localbitcoins and receive my money in paypal  but i read there are scammers can chargeback the money after i send the my bitcoins can you please inform me how to protect myself as a seller when i sell any bitcoins  ?
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February 07, 2017, 01:31:48 AM
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Hello
 i want to sell my bitcoins in localbitcoins and receive my money in paypal  but i read there are scammers can chargeback the money after i send the my bitcoins can you please inform me how to protect myself as a seller when i sell any bitcoins  ?
You really can't.

You will generally need to charge a higher premium when dealing with PayPal in order to account for the risk of chargebacks. However IMO, no premium is high enough to account for this risk (that is also low enough for those acting legitimately will be willing to buy from you).

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February 07, 2017, 01:33:04 AM
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You all could git some deals up in here, but yo gots to watch out fer the scammerz, as you said.  They everrwhere up in this bitch.  I puts mah money thet y'all gon' git some PMs inquirin' about sendin' you some PayPal.  Jist don' do it.  You is aware of chargebacks, so PP ain't the best option fer sellin' bitcoin.  NEVAH!!
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February 07, 2017, 03:39:15 PM
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You can always stick to the forum and trade with members who have been in the currency exchange business for years especially trades that are  above 50 dollars .

Have a look https://bitcointalk.org/index.php?board=53.0

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