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Topic: Is it possible to buy bc with paypal? - page 2. (Read 1802 times)

global moderator
Activity: 3990
Merit: 2713
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December 05, 2013, 05:51:20 PM
#27
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay

I've seen many instances of both unfortunately.
fortunately for me I know how to deal with chargebacks Smiley

Let's put it to the test. Willing to sell me some coins via paypal?
sure, i go by preev rate. how many coins?

100  Cool. You do know even if for some reason I didn't get my money back from paypal, I have about 6 months to file a chargeback with my creditcard company?
newbie
Activity: 19
Merit: 0
December 05, 2013, 05:37:32 PM
#26
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay

I've seen many instances of both unfortunately.
fortunately for me I know how to deal with chargebacks Smiley

Let's put it to the test. Willing to sell me some coins via paypal?
sure, i go by preev rate. how many coins?
newbie
Activity: 37
Merit: 0
December 05, 2013, 05:22:36 PM
#25
It's best practice to not use paypal, but I have used it for payments for btc. I just make sure it's verified before I send the btc, so it takes about a day to send the btc.
legendary
Activity: 1470
Merit: 1001
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December 05, 2013, 01:27:23 PM
#24
There is an exchange that you can deposit USD into with paypal and has been doing it for years.

https://www.virwox.com/index.php

But You have to Buy Second Life Lindon Dollars (SLL) then buy BTC with SLL.

Getting setup takes joining SL then getting account at virvox go back into SL to authenticate (need not go back to SL after that).

There are also daily limits of ~$100 but they go up as you use the service. Also the first BTC withdrawal is delayed 48Hrs.

But you can do it all from a PC and once it's set up its pretty easy. But setting up is a real pain.

They do not have a direct USD/BTC exchange. So it's double commission for them. USD/SLL then SLL/BTC today it worked out overall to be bitstamp +~12%. But it varies.

once it's setup

Goto  virwox and deposit USD with paypal (site opens paypal window etc)
Buy SLL accept instant price or play the market for better price( up to you)
Buy BTC with SLL (again instant spot price or play market which takes time)
Withdraw BTC to wallet/Criptsy/wherever you want.

takes 5min or so but they batch BTC transactions so it takes a couple of hours for it to show up in wallet.
full member
Activity: 147
Merit: 100
December 05, 2013, 01:03:15 PM
#23
I did wire transfer with my local bank and in 2 days funds were available on btc-e.com for trading. now i must be careful not to buy too high
global moderator
Activity: 3990
Merit: 2713
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December 05, 2013, 01:00:51 PM
#22
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay

I've seen many instances of both unfortunately.
fortunately for me I know how to deal with chargebacks Smiley

Let's put it to the test. Willing to sell me some coins via paypal?
full member
Activity: 147
Merit: 100
December 05, 2013, 12:56:50 PM
#21
so tell us exactly how to deal with charge backs
newbie
Activity: 14
Merit: 0
December 05, 2013, 12:52:46 PM
#20
I would be interested in hearing about stories with respect to PP being on the side of the seller.  Has not been my experience.
newbie
Activity: 19
Merit: 0
December 05, 2013, 12:50:30 PM
#19
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay

I've seen many instances of both unfortunately.
fortunately for me I know how to deal with chargebacks Smiley
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
December 05, 2013, 12:48:34 PM
#18
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay

I've seen many instances of both unfortunately.
newbie
Activity: 19
Merit: 0
December 05, 2013, 12:46:35 PM
#17
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
Selling on forums with other members I mean, PP will always side with the buyer on ebay
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
December 05, 2013, 12:40:53 PM
#16
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send

Is there proof that you did? This seems to contradict stories I've read numerous times on here. PP/ebay seem to dish out refunds for anything if you don't have proof that you posted it.
newbie
Activity: 19
Merit: 0
December 05, 2013, 12:38:05 PM
#15
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
actually no when i get chargedback I call paypal and tell them the item was sent, they'll cancel the chargeback since theres no proof that i didnt send
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
December 05, 2013, 12:26:59 PM
#14
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.


Yeah, and that's why they'll issue a chargeback to the buyer without warning or investigating. I bought all my coins via paypal when I first started with cryptos so I know it's possible to make good money, but it's only a matter of time before you get scammed.
hero member
Activity: 546
Merit: 500
Carpe Diem
December 05, 2013, 12:21:19 PM
#13
I have bought BTC through paypal and it went smoothly.  That said, I was the one paying with paypal so I wasn't worried about chargebacks.  I dealt with someone reputable on the forum and it was not really for much money/btc so that might be what you want to do when accepting paypal.
newbie
Activity: 19
Merit: 0
December 05, 2013, 12:11:08 PM
#12
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
Iv been selling on other large forums already, chargebacks are easy to deal with through phonecalls.
Tip: Paypal does not cover virtual items.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
December 05, 2013, 11:55:05 AM
#11
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.

How do you plan on avoiding chargebacks?
newbie
Activity: 19
Merit: 0
December 05, 2013, 11:51:58 AM
#10
Im going to start selling btc/ltc for paypal as soon as gain enough reputation around here.
newbie
Activity: 1
Merit: 0
December 05, 2013, 11:42:14 AM
#9
not secure friend
legendary
Activity: 3766
Merit: 1217
December 05, 2013, 11:38:49 AM
#8
Thank you so much for your information, so is there any direct way to sell bitcoin safely?

You can use non-retractable payment options like Skrill and OK Pay. Just go to Localbitcoins.com and select all "Sell Bitcoin" options which are enabled with Skrill. Then select the one which is nearest to you and having the maximum positive feedback. Release the escrow only after you receive your payment. If you don't want to use Skrill, select the other buyers who are enabled with options such as Ukash and Pingit.

BTW... there are  a lot of sellers (with excellent reputation) who are buying BTCs for Paypal in Localbitcoins. Still... use this option only if you are extremely confident.
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