where to sell my btc fast & easy through paypal?

EasyD

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Quote from: YourMine.org on February 01, 2014, 12:16:11 PM

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

YourMine.org, (nice domain)

I buy both BTC & LTC for USD. I can pay in multiple methods including PayPal, which we know if very unsafe for sellers. However, I have experience buying/selling virtual currencies since 2007 and have been trusted to pay with PayPal. You usually want to only take PayPal from extremely trusted members so I am open to other payment methods.

I pay at and/or below market price but I can offer better customer support than the exchanges and a faster transaction. If you'd like my contact information please PM me I'll send my phone number and we can talk.

Thank You,

KWH

legendary

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In Collateral I Trust.

Quote from: FUR11 on February 02, 2014, 12:10:16 AM

Quote from: KWH on February 01, 2014, 11:47:00 PM

Quote from: FUR11 on February 01, 2014, 11:30:59 PM

The upside to selling with paypal is that because it's so scammy, you can charge a massive amount. It's not uncommon to see BTC selling for paypal for twice as much as it would if you sold it on an exchange. If you take the time to properly vet prospective buyers, it can actually be +ev even with a 20-30% scam rate. It's still quite risky, though.

I've also never understood why sellers don't ask for paypal payments to be made "gift"s. As I understand, gift payments are irreversible.

Nope.

You sure about that? I thought the whole deal with gift payments is that PP doesn't take a fee on them (because they are gifts) and because of that, they don't get involved in reversing them.

Been beat to death but I'll go again. If you claim you account was compromised, you get a chargeback. If you claim the same AND purchase was made via credit card, you get a chargeback. So yes, you CAN get a chargeback using gift.

Light

hero member

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Circa 2010

Quote from: FUR11 on February 02, 2014, 12:10:16 AM

You sure about that? I thought the whole deal with gift payments is that PP doesn't take a fee on them (because they are gifts) and because of that, they don't get involved in reversing them.

Gift payments can still be chargebacked if the user is willing to claim to PP that their account was hacked and hence the funds stolen. Although you can't claim you didn't recieve "goods" and get a chargeback it still comes to the same thing.

FUR11

sr. member

Activity: 378

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FURring bitcoin up since 1762

Quote from: KWH on February 01, 2014, 11:47:00 PM

Quote from: FUR11 on February 01, 2014, 11:30:59 PM

The upside to selling with paypal is that because it's so scammy, you can charge a massive amount. It's not uncommon to see BTC selling for paypal for twice as much as it would if you sold it on an exchange. If you take the time to properly vet prospective buyers, it can actually be +ev even with a 20-30% scam rate. It's still quite risky, though.

I've also never understood why sellers don't ask for paypal payments to be made "gift"s. As I understand, gift payments are irreversible.

Nope.

You sure about that? I thought the whole deal with gift payments is that PP doesn't take a fee on them (because they are gifts) and because of that, they don't get involved in reversing them.

atc1

sr. member

Activity: 308

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Localbitcoins is fast and easy,but not too safe from what I hear. And damn,I too was under the impression that gift payments were irreversible.

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: FUR11 on February 01, 2014, 11:30:59 PM

The upside to selling with paypal is that because it's so scammy, you can charge a massive amount. It's not uncommon to see BTC selling for paypal for twice as much as it would if you sold it on an exchange. If you take the time to properly vet prospective buyers, it can actually be +ev even with a 20-30% scam rate. It's still quite risky, though.

I've also never understood why sellers don't ask for paypal payments to be made "gift"s. As I understand, gift payments are irreversible.

Nope.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

The upside to selling with paypal is that because it's so scammy, you can charge a massive amount. It's not uncommon to see BTC selling for paypal for twice as much as it would if you sold it on an exchange. If you take the time to properly vet prospective buyers, it can actually be +ev even with a 20-30% scam rate. It's still quite risky, though.

I've also never understood why sellers don't ask for paypal payments to be made "gift"s. As I understand, gift payments are irreversible.

itf991

sr. member

Activity: 392

Merit: 251

Quote from: Stinky_Pete on February 01, 2014, 06:05:10 PM

Quote from: YourMine.org on February 01, 2014, 01:20:38 PM

Quote from: MatTheCat on February 01, 2014, 01:17:55 PM

Quote from: YourMine.org on February 01, 2014, 12:16:11 PM

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

Don't sell your Bitcoins on LocalBitcoins through Paypal!

So many reports of people getting scammed via Paypal trades on that site.

50/50 chance that you get your Bitcoins taken from you and a charge-back on Paypal.

Hi
Thank you for that we decided to go for bank transfer when we sell them.

Good decision.

I used localbitcoins several times. Recommended Wink

Stinky_Pete

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Quote from: YourMine.org on February 01, 2014, 01:20:38 PM

Quote from: MatTheCat on February 01, 2014, 01:17:55 PM

Quote from: YourMine.org on February 01, 2014, 12:16:11 PM

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

Don't sell your Bitcoins on LocalBitcoins through Paypal!

So many reports of people getting scammed via Paypal trades on that site.

50/50 chance that you get your Bitcoins taken from you and a charge-back on Paypal.

Hi
Thank you for that we decided to go for bank transfer when we sell them.

Good decision.

YourMine.org

sr. member

Activity: 294

Merit: 250

Quote from: MatTheCat on February 01, 2014, 01:17:55 PM

Quote from: YourMine.org on February 01, 2014, 12:16:11 PM

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

Don't sell your Bitcoins on LocalBitcoins through Paypal!

So many reports of people getting scammed via Paypal trades on that site.

50/50 chance that you get your Bitcoins taken from you and a charge-back on Paypal.

Hi
Thank you for that we decided to go for bank transfer when we sell them.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: YourMine.org on February 01, 2014, 12:16:11 PM

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

Don't sell your Bitcoins on LocalBitcoins through Paypal!

So many reports of people getting scammed via Paypal trades on that site.

50/50 chance that you get your Bitcoins taken from you and a charge-back on Paypal.

Stinky_Pete

hero member

Activity: 560

Merit: 500

Localbitcoins

YourMine.org

sr. member

Activity: 294

Merit: 250

how about moneybookers?

Proteus123

newbie

Activity: 53

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Don't use paypal. It's easy to scam/be scammed. Most people don't take it.

YourMine.org

sr. member

Activity: 294

Merit: 250

Hi
I have 2.btc i want to sell today, have looked at a lot of exchanges quite confusing, not all take PayPal, also long winded security, is there i site you recommend that gives a reasonable price, fast and easy to use?.
Thanx

Topic: where to sell my btc fast & easy through paypal? (Read 877 times)