Topic: Is Paypal safe for bitcoin transactions? (Read 1100 times)
Its simple, don't buy or sell what you can't afford to lose!
Stay away from it!
Can be bank wire transfer reversed by your bank as well ? It makes providing services though if it can.
US Domestic transfers can be reversed.
I believe the paypal must be send as a gift.
Can be gift charged back?
Can be gift charged back?
Yes it can - and by the Paypal TOS you cannot use Bitcoin (or any other internet currency).
Just read the stories of those that tried and failed creating services for Paypal to BTC (exactly why it should be stickied if it isn't already).
Thank you. I guess no one read TOS anyway.
Can be bank wire transfer reversed by your bank as well ? It makes providing services though if it can.
Goodness.
I guess I'll stay away from Paypal.
If you're a buyer, I suggest you stick to paypal like glue. If you are a seller, you're screwed with paypal, I'd suggest using something else, like localbitcoins.
I believe the paypal must be send as a gift.
You mean you should lie to PayPal to get them to do something they wouldn't do if they knew the truth? Really?Quote
Can be gift charged back?
If you are asking if the payment can be reversed, of course it can. The sender just has to say they didn't authorize the payment and PayPal will reverse it. Gifts are the easiest to reverse -- for what possible dishonest reason would a person want to reverse a gift? There are clear reasons to dishonestly try to reverse a payment, but surely someone who wants to reverse a gift is almost certainly telling the truth when they say it's unauthorized.
Do not use paypal with Bitcoin. Search up the threads which are related to this. You will find all the information you need there.
I believe the paypal must be send as a gift.
Can be gift charged back?
Can be gift charged back?
Yes it can - and by the Paypal TOS you cannot use Bitcoin (or any other internet currency).
Just read the stories of those that tried and failed creating services for Paypal to BTC (exactly why it should be stickied if it isn't already).
I believe the paypal must be send as a gift.
Can be gift charged back?
Can be gift charged back?
If the transaction isn't big, it should be consider quite safe to do paypal transaction in this forum with trusted member...
Except you'd be scamming PayPal since they've explicitly made it clear that they do not agree to take this risk.
NO! paypal is not safe for bitcoin,dealing with paypal requires a lot of trust,if it is soembody you know and trust i think its ok.
If the transaction isn't big, it should be consider quite safe to do paypal transaction in this forum with trusted member...
Do you know about the charge using paypal ?
If the transaction isn't big, it should be consider quite safe to do paypal transaction in this forum with trusted member...
Isn't there a stickied topic about Paypal and Bitcoin?
If not there probably should be (as the same questions come up often - as do people offering BTC via Paypal who end up getting screwed no matter how cleverly they think they have "worked it out").
If not there probably should be (as the same questions come up often - as do people offering BTC via Paypal who end up getting screwed no matter how cleverly they think they have "worked it out").
Basically. Never do it. Even the most trusted of people could easy do a charge back.
There are a big risk when using paypal. Dont use it if you not trust enough the buyer
paypal can be very dangerous and given how you thing it works and is safe it is best for you to avoid using them. but there are deals which happen with paypal which work fine. need to be much more careful though.
Not safe at all, but if you do the transaction with some of the trusted member in this forum should be ok....
I had bad experiences with paypal , wont trust them ever again.
I agree, I've been burned by them, ...never again!!!
Goodness.
I guess I'll stay away from Paypal.
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