Author

Topic: Selling BTC at Ebay (Read 2635 times)

newbie
Activity: 56
Merit: 0
April 26, 2014, 10:33:37 PM
#40
eBay .. I'd stay far away.

The fees are ridiculous and paypal backend will burn you.

Chargebacks are rampant and won't protect you at all.
Not worth the headache.
hero member
Activity: 882
Merit: 500
April 26, 2014, 08:02:00 PM
#39



Ebay is a terrible place to attempt to sell crypto.
I was scammed out of a bunch on Litecoins on there last year. Paypal is no help. Ebay and Paypal are enemies of the crypto world.
newbie
Activity: 24
Merit: 0
April 26, 2014, 11:04:01 AM
#38
 Smiley thanx that is good idea but bitcoin is a bit more complicate than a normal transaction
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
April 25, 2014, 11:32:17 PM
#37
I am a 10 year plus ebay seller.  with more then 1400 positive feedbacks no negative.


http://www.ebay.com/usr/philipma1957


http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=philipma1957&ftab=AllFeedback&myworld=true&rt=nc&_trksid=p2050430.m2531.l4585



I tried to sell .5 btc last year.   I said no new buyer I will cancel the sale.  A zero feedback buyer with a 2 day account purchased the coin.

 I canceled the sale and refunded his money in less then 35-40 minutes flat.


 He gave me a negative feedback and said " it was a waste of time and money."    It took me  more then 2 weeks to have the only negative feedback I ever got  removed.

 Even though I have more then 500, 000 usd in sales lifetime   which means lots of fees for them.    

They said I have to sell to a first time buyer if he pays which he did.  I said all feedback that is a lie must be removed. (Their rules not mine).

 My defense was how did he waste time and money.  He lost control of his money for under 1 hour hardly a waste of time.  

 And he got a full refund  which truly meant he should not be allowed to say his money was wasted.  

   

    I never sell anything digital anymore.  They did take the negative away but I kind of lost my taste for ebay  rules favor buyers more and more.  

 Although chargebacks  don't cost if you do all the rules on physical goods.  If the goods are digital you mostly will always lose a chargeback.
full member
Activity: 140
Merit: 100
April 24, 2014, 04:03:39 PM
#36
Use ebay.ch or ebay.de, never had a problem wirh any of them!
sr. member
Activity: 448
Merit: 250
April 24, 2014, 06:06:21 AM
#35
Bitcoins will be sold only to "Verified" PayPal accounts through verify the buyer's emails on Paypal and eBay and they have to be the same.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
April 08, 2014, 02:26:39 AM
#34
try use an exchange like ours, LakeBTC.com
member
Activity: 412
Merit: 10
April 07, 2014, 05:18:26 AM
#33
and what did you expact? Ebay os against selling Bitcoin, Litecoin or another type of cryptocurrency
full member
Activity: 154
Merit: 100
April 06, 2014, 06:52:56 AM
#32
I made many transaction successfully in localbitcoins, you can use local bitcoins, they are good and very fast
sr. member
Activity: 350
Merit: 250
Decentralized thinking
April 06, 2014, 03:22:16 AM
#31
agreed. the best way to selling/buying BTC is localbitcoins.com - advise you to use it.

second that never had any problems with localbitcoins
full member
Activity: 139
Merit: 100
April 03, 2014, 08:08:59 AM
#30
Not a good a idea to sell bitcoins on ebay or anything that deals with paypal. After they received your bitcoins they simply chargeback and say they were hacked. And paypal will reversed the funds and you can not dispute it.
agreed. the best way to selling/buying BTC is localbitcoins.com - advise you to use it.
hero member
Activity: 644
Merit: 500
April 02, 2014, 08:30:51 PM
#29
I tried it, got a chargeback, took ebay many months to side with the buyer (stolen credit card apparently). Buyer even left me positive feedback!! I had snapshots of all the mails she sent, the account number she gave, and the movement through the blockchain. To cut to the chase, I ended up with paypal in debit and ebay fees which I refused to pay.

So they closed my account.

Never try that again.


sr. member
Activity: 364
Merit: 250
April 01, 2014, 11:26:04 AM
#28
I suggest selling low amounts and maybe u will buyers who you can befriend after you get there email address and tell them you will give disocunt if they buy from you in the future without ebay,  It will be good if you start up a website.  tell them they can bitcoins even safer with moneypak
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
April 01, 2014, 12:37:31 AM
#27
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.

That penny trick is just so that you can prove that you send something. In the end you are at paypal/ebays final decision, and in the past they are not very crypto friendly. Also 8-10% fees is just ridiculous for digital currency, but that is another story...

Well sell them a starter set comes with a CD guide and all the things you need to know about the currency
Then you can probably set a 2000-3000% premium on it



I am sure there are ways that work with a higher probability than just sending coins, but I don't get why anyone would wanna do that. Just use an exchange or localbtc

Well it targets the people who don't really understand crytocurrency and need the help setting up more than anything else
The ones with more knowledge will usually start off on an exchange or localbtc as you pointed out
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
March 31, 2014, 07:43:29 PM
#26
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.

That penny trick is just so that you can prove that you send something. In the end you are at paypal/ebays final decision, and in the past they are not very crypto friendly. Also 8-10% fees is just ridiculous for digital currency, but that is another story...

Well sell them a starter set comes with a CD guide and all the things you need to know about the currency
Then you can probably set a 2000-3000% premium on it



I am sure there are ways that work with a higher probability than just sending coins, but I don't get why anyone would wanna do that. Just use an exchange or localbtc
sr. member
Activity: 322
Merit: 250
March 31, 2014, 03:22:10 PM
#25
not a good idea because at last you are dealing with paypal and it can be charged back ..
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
March 30, 2014, 11:58:12 PM
#24
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.

That penny trick is just so that you can prove that you send something. In the end you are at paypal/ebays final decision, and in the past they are not very crypto friendly. Also 8-10% fees is just ridiculous for digital currency, but that is another story...

Well sell them a starter set comes with a CD guide and all the things you need to know about the currency
Then you can probably set a 2000-3000% premium on it

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
March 30, 2014, 09:46:45 PM
#23
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.

That penny trick is just so that you can prove that you send something. In the end you are at paypal/ebays final decision, and in the past they are not very crypto friendly. Also 8-10% fees is just ridiculous for digital currency, but that is another story...
newbie
Activity: 54
Merit: 0
March 29, 2014, 06:18:07 AM
#22
yeah.. not a good idea :S
full member
Activity: 145
Merit: 100
March 27, 2014, 08:39:36 PM
#21
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.
hero member
Activity: 903
Merit: 1000
LakeBTC.com
March 26, 2014, 07:26:20 PM
#20
Hey i try to sell BTC at Ebay and when i try to post a selling they write me that:

You can not submit your listing due to the following problemsIt appears you are listing virtual currency such as Bitcoin, Litecoin or another type of cryptocurrency. Under our Currency Policy, these items, whether digitally or physically delivered, must be listed in the Coins & Paper Money>Virtual Currency> Currency Category in the Classified Ad format only. Listings for these items outside that category are not permitted and will be removed.Thanks for your attention to this matter.

when i change the category to virtual i see that i need to pay to ebay 9.5$ at least, Something here does not make sense because if it really costs like an ad so why people would sell a small amount of coins in one ad?
someone try to sell there coins?


you want to use an exchange such as bitstamp or ours LakeBTC.com
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
March 26, 2014, 01:14:34 PM
#19
I would be carefull with ebay. it may seem like you can sell off your coins for 1.5x the value but in reality its going to be a lot of hassle with a chance of getting scammed or funds locked up on paypal and such.

dont take the risk with ebay and selling bitcoins there.

yeah, it is the same with paysafecards. They sell for 2x the facevalue, but 99.9% of the buyers try to scam u with stolen ebay/pp accounts.
sr. member
Activity: 434
Merit: 251
March 26, 2014, 01:13:43 PM
#18
I would be carefull with ebay. it may seem like you can sell off your coins for 1.5x the value but in reality its going to be a lot of hassle with a chance of getting scammed or funds locked up on paypal and such.

dont take the risk with ebay and selling bitcoins there.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
March 26, 2014, 01:06:17 PM
#17
Hey i try to sell BTC at Ebay and when i try to post a selling they write me that:

You can not submit your listing due to the following problemsIt appears you are listing virtual currency such as Bitcoin, Litecoin or another type of cryptocurrency. Under our Currency Policy, these items, whether digitally or physically delivered, must be listed in the Coins & Paper Money>Virtual Currency> Currency Category in the Classified Ad format only. Listings for these items outside that category are not permitted and will be removed.Thanks for your attention to this matter.

when i change the category to virtual i see that i need to pay to ebay 9.5$ at least, Something here does not make sense because if it really costs like an ad so why people would sell a small amount of coins in one ad?
someone try to sell there coins?


How to sell on ebay?

Dont!
full member
Activity: 182
Merit: 100
March 26, 2014, 06:18:02 AM
#16
Ebay is the last place on earth you should sell BTC  Grin
member
Activity: 100
Merit: 10
March 25, 2014, 11:04:40 AM
#15
Can we sell btc in ebay now?
newbie
Activity: 56
Merit: 0
March 25, 2014, 09:09:44 AM
#14
ebay is too expensive
full member
Activity: 182
Merit: 100
March 23, 2014, 11:10:18 AM
#13
Ebay is a scam for sellers. 10% sale fee plus paypal fees it,s a rip off. Then you can get charged back to boot.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
March 23, 2014, 01:04:51 AM
#12
Not a good a idea to sell bitcoins on ebay or anything that deals with paypal. After they received your bitcoins they simply chargeback and say they were hacked. And paypal will reversed the funds and you can not dispute it.
member
Activity: 82
Merit: 10
March 22, 2014, 06:12:31 PM
#11
Be careful: paypal chargeback!
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
March 21, 2014, 02:05:06 PM
#10
Ebay comes out ahead in these deals.

They charge you a pumped up fee and they know you will eventually lose all of your money to PayPal anyway.

And they own PayPal.

Lol nice racket aint it?
newbie
Activity: 2
Merit: 0
March 21, 2014, 09:34:39 AM
#9
Thank you for all suggestion
full member
Activity: 152
Merit: 100
March 21, 2014, 12:05:00 AM
#8
It's because scammers use eBay to buy Bitcoins using hacked accounts
newbie
Activity: 1
Merit: 0
March 20, 2014, 09:22:47 PM
#7
try kijiji
sr. member
Activity: 434
Merit: 251
March 20, 2014, 06:27:33 PM
#6
This is not a good idea as manny people have tried this with the result that people got scammed.
newbie
Activity: 56
Merit: 0
March 20, 2014, 03:49:56 AM
#5
Beware selling bitcoins in ebay. You will get ripoff in no time from chargebacks. Their listing fee is very high because the product is high risk.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
March 19, 2014, 11:24:13 PM
#4
Your likely to get chargebacks and the sort if you list on ebay
full member
Activity: 140
Merit: 100
March 19, 2014, 11:18:20 PM
#3
because your classified ad for 9.5 or whatever usd last for 30 days. You could sell .0001 btc or .100 or .40 and sell it many times. Ie: I make one listing for .50 btc and I sell many coins say 30 orders for that. I only paid 9.5 usd minus ebay fees on sold trade minus exchange fee. Ebay makes more money than regular ad considering if you just sold 1, or 0, and really doesn't know if you have sold 50 or 1 or whatever. They make more each listing than regular ad cost. Also its a deterrent to sell cryptos on there which they are not really favorable to do (no buyer protection even if you have proof, they act like they can't read as far as blockchain info or whatever).
hero member
Activity: 602
Merit: 500
March 19, 2014, 10:54:19 PM
#2
ebay has always been a ripoff. What do you expect?
newbie
Activity: 1
Merit: 0
March 16, 2014, 04:48:02 PM
#1
Hey i try to sell BTC at Ebay and when i try to post a selling they write me that:

You can not submit your listing due to the following problemsIt appears you are listing virtual currency such as Bitcoin, Litecoin or another type of cryptocurrency. Under our Currency Policy, these items, whether digitally or physically delivered, must be listed in the Coins & Paper Money>Virtual Currency> Currency Category in the Classified Ad format only. Listings for these items outside that category are not permitted and will be removed.Thanks for your attention to this matter.

when i change the category to virtual i see that i need to pay to ebay 9.5$ at least, Something here does not make sense because if it really costs like an ad so why people would sell a small amount of coins in one ad?
someone try to sell there coins?
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