Topic: Is there a way to sell btc through paypal with no risk of fraudster reversals? (Read 1065 times)
December 02, 2013, 11:54:02 AM
Paypal does not like this idea very much. If they find out that you are selling Bitcoins they will freeze your account any time they want. Search the forums for some related topics discussed previously.
December 02, 2013, 10:53:50 AM
transfer the money to your bank before releasing coins. So that it is irreversible.
I have had a negative -$900+ balance in my paypal account from some jagoff reversing on me, after I swept the account. So, that doesn't work unless you're willing to burn paypal and walk from the account.
December 02, 2013, 10:51:11 AM
Gift or Donation doesn't matter
If the owner of the paypal account claims "fraud / account hacked" it will be refunded. (especially if a credit card was involved)
If the owner of the paypal account claims "fraud / account hacked" it will be refunded. (especially if a credit card was involved)
December 01, 2013, 06:09:22 AM
No, but you can reduce risk by dealing with trusted people and taking precautions. Ask for ID, a phonecall, and skype chat. Don't get catfished.
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December 01, 2013, 05:46:45 AM
transfer the money to your bank before releasing coins. So that it is irreversible.
Then they will just give you a negative balance which you will have to pay back. If your address is registered with them they'll probably send out debt collectors eventually or at least threaten to via letters.
December 01, 2013, 03:16:29 AM
E.g., having buyer send it as a "service rendered"? Verified accounts? I'm looking to sell btc in incriments of .2-.5 and just want to know the ways to minimize or eliminate risk from fraudster buyers. Thanks for the knowledge guys.
https://bitcointalksearch.org/topic/1-exchange-buy-sell-bitcoin-ppwumgskrillw2w-more-best-prices-available-273034 you can always contact me theres always risk but thats only if your going to deal with a price that is to good to be true. My prices are a little bit on the lower side at times but I can assure you a 100% safe paypal payment.
December 01, 2013, 01:41:55 AM
NO.
Unless the buyer reported fraud with paypal saying they didnt make the purchase paypal wouldnt reverse the transaction if sent as a gift
Ahhh gift transactions are instantly reversible no questions asked. Try it some time.
November 30, 2013, 06:38:46 PM
NO.
Unless the buyer reported fraud with paypal saying they didnt make the purchase paypal wouldnt reverse the transaction if sent as a gift
November 30, 2013, 06:27:51 PM
NO.
November 30, 2013, 06:26:26 PM
If the send the payment as a gift then they cannot report that you never gave them that item. Also I used to run a private game server and we took donations. if its a donation or a ift they cannot win a dispute. the person above me is retarded. cause they would just make your paypal negative and after 90 days of it negative they report to credit companies and then you have bad credit
November 30, 2013, 05:24:46 PM
transfer the money to your bank before releasing coins. So that it is irreversible.
November 30, 2013, 05:15:16 PM
E.g., having buyer send it as a "service rendered"? Verified accounts? I'm looking to sell btc in incriments of .2-.5 and just want to know the ways to minimize or eliminate risk from fraudster buyers. Thanks for the knowledge guys.
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