Author

Topic: PayPal fund for ICO (Read 182 times)

sr. member
Activity: 684
Merit: 250
Early Funders Registration: monartis.com
August 24, 2018, 06:33:48 AM
#14
We have to know first the advantage and disadvantage of these characteristics in dealing some works like this, we don't want that these it can affect in some performance for the future..
legendary
Activity: 1456
Merit: 1023
August 24, 2018, 05:42:17 AM
#13

I'm not sure how they can manage all the chargeback later on they get from people.

What I know is Paypal is not supporting any cryptos exchange so better don't invest in these projects. I will not waste my time and money on checking and investing on these projects. It is better to avoid and move until PayPal officially announce that they will support crypto transactions.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
August 24, 2018, 05:38:08 AM
#12
first of all that is idiotic to accept Paypal payments because of the charge back option of it. and that only proves that these ICOs are getting desperate for raising funds since nobody is giving them anymore, that they are taking these risks for the possibility of a smaller amount of higher profit.

secondly it is against PayPal ToS to use it for anything that is related to digital currencies. you can read it in their Terms of Services. and they can close the accounts of both receiver and sender if they find out which they most probably will if the ICO raises a considerable amount through Paypal to raise red flags.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 24, 2018, 05:34:52 AM
#11
Paypal has a function of making a dispute on transaction and trading crypto for cash is illegal with Paypal's policy section 3 H.
So, whoever you may be and whatever you may sell, you will never win a dispute saying you sold them crypto.
This is the reason why there are zero ICOs with Paypal as a payment processor.
This is also what I understand, the dispute can easily turned the funds back to the senders and nobody wants to  ruin their business if the ico is really aiming to be usable after finishing the sale period, just like the explained above me real project will not offer anything that will harmed the progress of their work just because of some dispute, it's safer to allowed btc or eth or some other good coins inside the market.
newbie
Activity: 3
Merit: 0
August 24, 2018, 05:29:25 AM
#10
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
August 23, 2018, 02:09:06 PM
#9
Any ICO accepting Paypal is plain scam. Paypal is known to freeze funds of crypto projects. In most cases the Paypal account is just a personal account and not even business account as it requires more validation and details of the owner.
jr. member
Activity: 574
Merit: 2
August 23, 2018, 02:00:51 PM
#8
I’m not sure that is going to happen
PayPal does not joke around with its api and securities and it’s not gonna be so vulnerable t fund icos

The most possible options I see is buying bitcoin with PayPal
It is a lot feasible and easy to achieve too
newbie
Activity: 238
Merit: 0
August 23, 2018, 01:35:39 PM
#7
Can OP give us the list of ICO that accepts payments via paypal please. I'm curious about it. Because as far as I know, no any ICO that accepts paypal as a transaction media.
full member
Activity: 874
Merit: 125
August 23, 2018, 01:31:30 PM
#6
Paypal has a function of making a dispute on transaction and trading crypto for cash is illegal with Paypal's policy section 3 H.
So, whoever you may be and whatever you may sell, you will never win a dispute saying you sold them crypto.
This is the reason why there are zero ICOs with Paypal as a payment processor.
jr. member
Activity: 293
Merit: 4
August 23, 2018, 01:26:04 PM
#5
Good Evening,
Anyone know sell ICO token via paypal is accepted by Paypal?
Because lately I've seen 4/5 ICO that permit to invest with Paypal and it's sound quite wtf  Huh

I would not invest in a PayPal ICO just as I would not invest in a Telegram ICO, these companies have already reached their maximun growth, so they are not really that good.

I think he's not referring to a Paypal ICO, but an ICO accepting Paypal as a means of payment, implying they accept fiat apart from cryptocurrencies.
member
Activity: 336
Merit: 11
Victorieum Digital Wallet Revolution
August 23, 2018, 01:22:26 PM
#4
Good Evening,
Anyone know sell ICO token via paypal is accepted by Paypal?
Because lately I've seen 4/5 ICO that permit to invest with Paypal and it's sound quite wtf  Huh

I would not invest in a PayPal ICO just as I would not invest in a Telegram ICO, these companies have already reached their maximun growth, so they are not really that good.
newbie
Activity: 56
Merit: 0
August 23, 2018, 01:12:08 PM
#3
I have not seen such projects but I would also be interested to see it live !)
newbie
Activity: 199
Merit: 0
August 23, 2018, 01:09:21 PM
#2
can you give me the link of the ICO who already accepting paypal fund, if they accepting. i want to try
ill be waiting for your reply, 
newbie
Activity: 3
Merit: 0
August 23, 2018, 12:58:54 PM
#1
Good Evening,
Anyone know sell ICO token via paypal is accepted by Paypal?
Because lately I've seen 4/5 ICO that permit to invest with Paypal and it's sound quite wtf  Huh
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