Bitcoin Forum
November 01, 2024, 12:50:44 PM *
News: Bitcoin Pumpkin Carving Contest
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Marketplace > PayPal - BTC exchange. Would you be interested in?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: PayPal - BTC exchange. Would you be interested in?  (Read 1755 times)
johny1976 (OP)
Legendary
*
Offline Offline

Activity: 1135
Merit: 1002

Developer


View Profile
September 08, 2013, 03:46:50 PM
 #1
Hi,

Bitcoin doesn't have much ways for buying - everything has a huge fees!

If I started new BTC (+ other cryptos) exchange, which is widthrawing your many only to PayPal as well as depositing your money only from PayPal, would you be interested in?

It would contain:

 - Instant & no-fee PayPal USD depositing and withdrawing
 - https - SSL secured
 - Bitcoin, Litecoin, Namecoin, Feathercoin, USD exchange
🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
*
Offline Offline

Activity: 1316
Merit: 1043

👻


View Profile
September 08, 2013, 04:00:38 PM
 #2
You'll be shut down by paypal and scammers at the same time.
TimeIsBitcoin
Newbie
*
Offline Offline

Activity: 13
Merit: 0



View Profile
September 08, 2013, 04:10:38 PM
 #3
Paypal's TOS does not allow it, and you'll be scammed out of business due to chargebacks. Not recommended.
Snail2
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000



View Profile
September 08, 2013, 05:47:41 PM
 #4
Chargebacks could be an issue.
Mike Christ
aka snapsunny
Legendary
*
Offline Offline

Activity: 1078
Merit: 1003



View Profile
September 08, 2013, 05:49:53 PM
 #5
Quote from: Snail2 on September 08, 2013, 05:47:41 PM
Chargebacks could be an issue.

They will most definitely be an issue; this is also why no exchange uses credit cards, the risk is just not worth the hassle.  The only secure way to move money from A to B is through a wire transfer, and those are slow and cost a higher fee than CC & PP combined.
Digital Painting, Illustration, Character Art
og kush420
Full Member
***
Offline Offline

Activity: 1050
Merit: 110



View Profile
September 09, 2013, 12:15:54 AM
 #6
perhaps you could sell bills(pieces of paper) with private keys written on them. you would have to have a strict 100% no refunds policy though. otherwise your screwed
sampathneo
Full Member
***
Offline Offline

Activity: 173
Merit: 100



View Profile
September 10, 2013, 04:24:25 AM
 #7
paypal sucks
Buster
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 11, 2013, 06:08:05 PM
 #8
PayPal = instant death by scammers
nachius
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
September 11, 2013, 07:58:26 PM
 #9
https://bitcointalk.org/index.php?topic=233495.0

Coingator attempted it....
johny1976 (OP)
Legendary
*
Offline Offline

Activity: 1135
Merit: 1002

Developer


View Profile
September 11, 2013, 08:50:17 PM
 #10
Quote from: nachius on September 11, 2013, 07:58:26 PM
https://bitcointalk.org/index.php?topic=233495.0

Coingator attempted it....

But it's just one-way exchange. Nobody can ask for reverse.
realestone
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
September 11, 2013, 09:25:59 PM
 #11
my advice forget about this idea it smells
faiza1990
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


★☆★777Coin★☆★


View Profile
September 13, 2013, 10:45:39 AM
 #12
Quote from: realestone on September 11, 2013, 09:25:59 PM
my advice forget about this idea it smells
yes agree its not a good idea
▓▓▓ BITMIXER.IO ▓▓▓▓▓▓ High Volume Bitcoin MIXER ▓▓▓
Pages: [1]
  Print  
Bitcoin Forum > Economy > Marketplace > PayPal - BTC exchange. Would you be interested in?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!