my advice forget about this idea it smells
yes agree its not a good idea 
Topic: PayPal - BTC exchange. Would you be interested in? (Read 1738 times)
my advice forget about this idea it smells
But it's just one-way exchange. Nobody can ask for reverse.
PayPal = instant death by scammers
paypal sucks
perhaps you could sell bills(pieces of paper) with private keys written on them. you would have to have a strict 100% no refunds policy though. otherwise your screwed
Chargebacks could be an issue.
They will most definitely be an issue; this is also why no exchange uses credit cards, the risk is just not worth the hassle. The only secure way to move money from A to B is through a wire transfer, and those are slow and cost a higher fee than CC & PP combined.
Chargebacks could be an issue.
Paypal's TOS does not allow it, and you'll be scammed out of business due to chargebacks. Not recommended.
You'll be shut down by paypal and scammers at the same time.
Hi,
Bitcoin doesn't have much ways for buying - everything has a huge fees!
If I started new BTC (+ other cryptos) exchange, which is widthrawing your many only to PayPal as well as depositing your money only from PayPal, would you be interested in?
It would contain:
- Instant & no-fee PayPal USD depositing and withdrawing
- https - SSL secured
- Bitcoin, Litecoin, Namecoin, Feathercoin, USD exchange
Bitcoin doesn't have much ways for buying - everything has a huge fees!
If I started new BTC (+ other cryptos) exchange, which is widthrawing your many only to PayPal as well as depositing your money only from PayPal, would you be interested in?
It would contain:
- Instant & no-fee PayPal USD depositing and withdrawing
- https - SSL secured
- Bitcoin, Litecoin, Namecoin, Feathercoin, USD exchange
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