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Author Topic: Cash out your bitcoin / eth / ltc for paypal (7% / 50 usd min)  (Read 5497 times)
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subSTRATA (OP)
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September 08, 2017, 07:25:13 AM
Last edit: October 08, 2018, 08:52:18 PM by subSTRATA
 #1

Let's make this simple. Sell your bitcoin to me for paypal funds. I won't be sending first (i don't care about what you say about paypal being reversible and me being protected) without a good reason or if i know you've got a solid rep.
- Do not send to any address of mine without confirmation from me. any coins that magically appear in my wallet will be considered a donation.
- Minimum trade will be 50 usd, as calculated by the preev rate to be locked in before the trade.
- I'll limit the maximum for now to about 200 usd.
- Minimum fee will be 5 usd in case you want to do a small trade.* other than that, fee will be 7%. this isnt a charity after all.
- I will not be dealing with newbies.
- Paypal funds will be sent after 1 confirmation.
- read this post and understand the terms. really.

I'm offering this service as a means for people that want to cash out their bitcoin without dealing with the plethora of low ranked members looking to scam. I've done a fair number of deals on this forum thus far, some including paypal and bitcoin exchanges, so I'd like to think I have some established trust at least. I'd like to just have a few regulars in the future, so if you just want small amounts of coin converted to paypal on a regular basis, either post in this thread or shoot me a pm. pm's will probably reach me faster.

I'll be doing probably ~1000 usd worth of deals a week max for now.
please note there will be a slightly higher fee on deals if your accounts are based outside of the US. there is a small fee associated with usd -> other currency exchanges (even on friends & family gift) and i will notify you if there is.

thread self modded to delete spam in general.

any requests to add on skype / whatsapp / kik /whateverthefuckelse will be ignored / deleted. trades will be done via the forum messaging system.

To initiate a trade, please pm me with how much of what coin you are trying to sell for as well as the country you reside in.

also, now accepting ethereum and litecoin.

latest update: along with the addition of the merit system, I will trade with users of at least the 'member' rank and at least 35 merit. this is subject to change as i get more familiar with the merit system.

theres nothing here. message me if you want to put something here.
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chiggz
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September 09, 2017, 07:59:42 PM
 #2

Can you please explain your fee structure. is it + or - 7%?
subSTRATA (OP)
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September 09, 2017, 11:19:20 PM
 #3

Can you please explain your fee structure. is it + or - 7%?
i dont think there's anything to explain, im charging a fee of 7% with a 5 dollar minimum, was this somehow not clear? or just wishful thinking on your part?


theres nothing here. message me if you want to put something here.
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September 12, 2017, 04:55:20 PM
 #4

why have you excluded newbies?

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September 12, 2017, 05:15:06 PM
 #5

What is the advantage of this? Exchanges charge way less to convert currencies.

Stop buying industrial miners, running them at home, and then complaining about the noise.
subSTRATA (OP)
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September 12, 2017, 05:27:09 PM
 #6

why have you excluded newbies?
i dont like dealing with newbies.

What is the advantage of this? Exchanges charge way less to convert currencies.
if they want the money instantly instead of waiting however long it might take for an ach payment to process with the bank, and they don't want to deal with scammers / higher fees for paypal trades, this service exists for the few that may need it.

theres nothing here. message me if you want to put something here.
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September 18, 2017, 11:55:04 PM
 #7

just out of curiosity why does it need 1 confirmation?

i thought btc transactions were irreversible regardless of whether they were confirmed yet or not, is this not true?

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September 19, 2017, 02:24:41 AM
 #8

just out of curiosity why does it need 1 confirmation?

i thought btc transactions were irreversible regardless of whether they were confirmed yet or not, is this not true?

You can send a TX, close the wallet, restart adding -zapwallet and after a few minutes of rescanning, the transaction is gone as though it never happened.  You can't do that if the transaction has had one confirmation which is why you should never *ever* send funds until after one transaction.

Once it has one confirmation, there's no going back...

subSTRATA (OP)
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October 06, 2017, 10:43:26 AM
 #9

bump
i will trade $50 btc for paypal
sorry, won't be dealing with -trust members.

Maybe you can buy btc for skrill Smiley?
full members and up. I don't even use skrill.

theres nothing here. message me if you want to put something here.
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October 07, 2017, 08:35:22 PM
 #10

Your Bitcoin Addresse(receiving addresse) is signed on this Forum?
subSTRATA (OP)
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October 10, 2017, 10:44:58 AM
 #11

Your Bitcoin Addresse(receiving addresse) is signed on this Forum?
i try to use multiple addresses for trades where i receive bitcoin, the 1subsik... address that ive been using for a while can be signed at anytime i have access to my wallet though, if necessary.

theres nothing here. message me if you want to put something here.
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October 10, 2017, 06:21:13 PM
 #12

Your Bitcoin Addresse(receiving addresse) is signed on this Forum?
i try to use multiple addresses for trades where i receive bitcoin, the 1subsik... address that ive been using for a while can be signed at anytime i have access to my wallet though, if necessary.
ok, pm me when you are back.
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October 25, 2017, 06:08:29 PM
 #13

Sorry i had already confirmed the funds are into mine paypal, thanks. Trusted and easy to deal with, for sure if need more trades will contact you.
subSTRATA (OP)
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November 02, 2017, 02:29:59 PM
 #14

-
Just curious - why would people not send money from their exchanges / wallets to CoinBase and then withdraw it to their PayPal wallets?
this was already answered in a previous post.

theres nothing here. message me if you want to put something here.
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November 14, 2017, 10:42:17 AM
 #15

Hi,
Looking for 150 USD PayPal, although would like to pay in ETH due to high fee on Bitcoin Network.
Let me know if we can deal.
thanks
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November 14, 2017, 03:37:45 PM
 #16

Hi,
Looking for 150 USD PayPal, although would like to pay in ETH due to high fee on Bitcoin Network.
Let me know if we can deal.
thanks
i dont see a problem with it, shoot me a pm later if you catch me online, as well as the country you're located in. id prefer if we did the trade when we're both available for at least 15 minutes each to knock it out in one go.

How can one prevent PayPal charge back?
180 days is the limit iirc, but your post is pretty off topic in the context of the thread. not that im trading with newbies anyways.

theres nothing here. message me if you want to put something here.
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November 16, 2017, 04:14:37 PM
 #17

bump

Interested in this, will sent you a PM later today, looking to buy ~50$ right now.

Also, ~~ Do you mind if the paypal account is unverified?

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November 16, 2017, 04:26:46 PM
 #18

bump

Interested in this, will sent you a PM later today, looking to buy ~50$ right now.

Also, ~~ Do you mind if the paypal account is unverified?
i dont really mind, but im not sure if paypal will allow me to send money to an unverified account, although i'd guess to say they've no reason to disallow that. in the case that happens, ill refund the maximum allowable amount back to you from the address you sent the coin to.

theres nothing here. message me if you want to put something here.
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November 18, 2017, 02:44:31 PM
 #19

Hey man, sent you a PM about 2.5 litecoin. Lemme know!
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November 18, 2017, 02:54:39 PM
 #20

Hey man, sent you a PM about 2.5 litecoin. Lemme know!
sorry, but i won't be trading with members that aren't at least a 'full member' for a while.

theres nothing here. message me if you want to put something here.
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