the amount you can recieve/withdraw is limited on un-verified accounts IIRC
Replied to you here: https://bitcointalk.org/index.php?topic=401493.new#new
Topic: Limitations of an unverified UK PayPal business account? (Read 680 times)
Replied to you here: https://bitcointalk.org/index.php?topic=401493.new#new
the amount you can recieve/withdraw is limited on un-verified accounts IIRC
Hey everyone,
so basically I'm thinking of starting a small business (if you can call it that) offering a service that allows people to trade virtual items in an online game for real money where I'd provide an escrow service.. I want the payment methods to be BTC and PP.
Could I just leave the PP business account unverified and to "cash-out" just purchase BTC with any profits left on it (basically just using it as a wallet)? What are the limitations of doing this, and would this be breaking any laws or PayPal rules risking the account being closed and funds stolen?
The reason I want to do this is just to keep my identity away from the business, so I don't get my main account banned on the game for assisting with RMT (Real Money Trade).
Cheers!
EDIT: Found a more suited section for this thread, mods feel free to delete.
New thread: https://bitcointalksearch.org/topic/possible-to-have-an-unverified-paypal-business-account-and-cashout-buying-btc-401493
so basically I'm thinking of starting a small business (if you can call it that) offering a service that allows people to trade virtual items in an online game for real money where I'd provide an escrow service.. I want the payment methods to be BTC and PP.
Could I just leave the PP business account unverified and to "cash-out" just purchase BTC with any profits left on it (basically just using it as a wallet)? What are the limitations of doing this, and would this be breaking any laws or PayPal rules risking the account being closed and funds stolen?
The reason I want to do this is just to keep my identity away from the business, so I don't get my main account banned on the game for assisting with RMT (Real Money Trade).
Cheers!
EDIT: Found a more suited section for this thread, mods feel free to delete.
New thread: https://bitcointalksearch.org/topic/possible-to-have-an-unverified-paypal-business-account-and-cashout-buying-btc-401493
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