I have some good balance on paypal, and i'd like to buy bitcoins with it.
- Anyone interested in selling me bitcoins via paypal at a rate close to the market value + paypal commissions?
- Is it safe for me? any advice to keep me safe?
Thanks
In the past I have heard that people do scams by buying Bitcoins with PayPal. I think the buyer offers to pay with PayPal and sends the money to the seller’s paypal account. Then the seller sends the Bitcoins. The buyer then claims that the Bitcoins were never received so PayPal refunds the sellers money. The seller is out the Bitcoins and the buyer gets free Bitcoins. PayPal doesn’t bother to verify that the Bitcoins were sent.
You may have trouble buying Bitcoins with PayPal because of the scams out there. The seller is taking a risk.