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Author Topic: Converting Paypal into Liberty Reserve  (Read 601 times)
nemo
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July 21, 2011, 05:36:17 AM
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Found this site and it only asks for a 3% commission. Has anyone used them before? I don't want to get corn-holed. http://www.exchange-currency.org/
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July 21, 2011, 05:49:52 AM
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I am generally weary of any site that only has a web form on it's 'contact us page'.  I prefer to have some sort of identifying information about a company I am giving my money to.

But as far as risk is concerned, as a buyer using PayPal, you have the advantage since you can reverse your payment if you say your e-goods didn't arrive.  And hence, the seller now assumes the risk and thus is why there are not many sellers who accept PayPal.   That also explains their rather high 3% fee.

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July 21, 2011, 05:50:49 AM
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If you can buy liberty reserve with paypal then buy bitcoin whats to stop you reversing the transaction and getting away with the bitcoin for nothing ?
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July 21, 2011, 05:54:51 AM
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Prison; that's wire fraud isn't it?
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