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+---- Thread: Sell bitcoin for paypal, big risk? (/showthread.php?tid=5913256)
Sell bitcoin for paypal, big risk? - lisenkisen - Nov 28, 2018
There is a lot of people on like localbitcoin that sells bitcoin for paypal, but only reason im thinking of not doing it is because of chargeback. Would be pretty nice doing 15% just like that.
Is there any way i can do this and be 100% sure i wont loose my money?
A guy said if i accepted only payment as friends and family, it could not be charged back. Is that correct?
And if so, can i see if the payment is sent as friends and family?
I guess if they pay with their creditcard somehow, they could do chargeback thru them. Stolen cc is a big problem for example.
RE: Sell bitcoin for paypal, big risk? - ๖ۣۜApocalypse - Nov 28, 2018
Accepting PayPal, there is always a risk of a charge back.
RE: Sell bitcoin for paypal, big risk? - SIM-3889772 - Nov 28, 2018
I have done well over 400k in sales this year. I had three disputes that were all attempted as "unauthorized transaction" and I won all three disputes. Depends on the platform you sell on to be completely honest.
RE: Sell bitcoin for paypal, big risk? - PerfectStorm - Nov 28, 2018
Eh I never done it but I know you can exchange here but you pay bad fees generally. I only did a btc to pp once.
RE: Sell bitcoin for paypal, big risk? - F.B.I - Nov 28, 2018
Just get your money out of there asap to minimize risk. Its usually fine if you only trade with reputable people though.
RE: Sell bitcoin for paypal, big risk? - Kanenas - Nov 28, 2018
(Nov 28, 2018 05:38 PM)lisenkisen Wrote: There is a lot of people on like localbitcoin that sells bitcoin for paypal, but only reason im thinking of not doing it is because of chargeback. Would be pretty nice doing 15% just like that.
Is there any way i can do this and be 100% sure i wont loose my money?
A guy said if i accepted only payment as friends and family, it could not be charged back. Is that correct?
And if so, can i see if the payment is sent as friends and family?
I guess if they pay with their creditcard somehow, they could do chargeback thru them. Stolen cc is a big problem for example.
There is a away to avoid the charge back but it violates the ToS so.
RE: Sell bitcoin for paypal, big risk? - Pyro - Nov 28, 2018
start trading here in currency exchange section
RE: Sell bitcoin for paypal, big risk? - lisenkisen - Nov 28, 2018
Problem is you wil still get a chargeback. They send you a bill and if you dont pay they take you to court. Hard to say it was someoneels that made account in my name since i would withdraw the money to my bankaccount.
RE: Sell bitcoin for paypal, big risk? - Kanenas - Nov 28, 2018
(Nov 28, 2018 08:51 PM)lisenkisen Wrote: Problem is you wil still get a chargeback. They send you a bill and if you dont pay they take you to court. Hard to say it was someoneels that made account in my name since i would withdraw the money to my bankaccount.
lol I can promise you they will not take you to court.
RE: Sell bitcoin for paypal, big risk? - Omniscient - Nov 28, 2018
This guy is a multi.