Author

Topic: [WTB] I want to buy Bitcoin/Eth through PayPal (Read 197 times)

member
Activity: 213
Merit: 15
January 20, 2018, 09:39:18 AM
#9
Paypal is not suitable for digital goods or cryptocurrencies. You can order a pizza or send money to your mother, that is fine but don't use it for serious business if you don't want to lose your whole funds. Dispute management works horrible and victims lose almost every case.
hero member
Activity: 882
Merit: 976
Paypal is reversible up to 180 days no will trade with you. Better look at alternative means to buy Bitcoin

This is not necessarily true. Chargebacks on PayPal are only available for Goods or Services. If you send payment as Friends or Family, chances of getting refunded are slim to none. The only way that a chargeback will happen via PayPal is if the payment was made using a credit card option as payment for the Friends or Family option, and you'll have to prove to the credit card company that the transaction was a fraudulent one. Even in those cases, PayPal will ask for an official police report for the stolen funds before issuing any form of repayment for the Friends or Family option. Because this type of payment wasn't made for goods or services, there is no buyer or seller protection for these transactions. But for FF payments, PayPal clearly states that there is no fee for these transactions because they're essentially like handing cash to a trusted friend or family member.

Stop spreading fud.

Umm how hard is it to go to local police station and say your wallet was stolen with your credit card? Most of them will quickly write you up a report that you say paypal will ask for.

Secondly its a lot easier to scam some random on the internet than a large corporation or even a small business.

We should be advising the community to stay away from such practices which are rife particularly on this forum let alone the internet in general.

There is not much incentive to go through the hassle for $20 but I can tell you now if the price is right scammers will make the effort

So no its not fud but offering to post fake yelp reviews is isn't that right?

No, that's shilling, not fud. And I retracted that offer regardless. That still has nothing to do with this. If you would have offered an explanation of why PayPal shouldn't be a best practice for exchanging crypto, it would have been much better than just saying "no will trade with you". The way you positioned it made it sound like fud.
newbie
Activity: 94
Merit: 0
My personal purchase of bitcoin or eth is via paypal because in the transaction via paypal is legal and paypal has announced that there is no charge in bitcoin or eth.
hero member
Activity: 697
Merit: 503
Paypal is reversible up to 180 days no will trade with you. Better look at alternative means to buy Bitcoin

This is not necessarily true. Chargebacks on PayPal are only available for Goods or Services. If you send payment as Friends or Family, chances of getting refunded are slim to none. The only way that a chargeback will happen via PayPal is if the payment was made using a credit card option as payment for the Friends or Family option, and you'll have to prove to the credit card company that the transaction was a fraudulent one. Even in those cases, PayPal will ask for an official police report for the stolen funds before issuing any form of repayment for the Friends or Family option. Because this type of payment wasn't made for goods or services, there is no buyer or seller protection for these transactions. But for FF payments, PayPal clearly states that there is no fee for these transactions because they're essentially like handing cash to a trusted friend or family member.

Stop spreading fud.

Umm how hard is it to go to local police station and say your wallet was stolen with your credit card? Most of them will quickly write you up a report that you say paypal will ask for.

Secondly its a lot easier to scam some random on the internet than a large corporation or even a small business.

We should be advising the community to stay away from such practices which are rife particularly on this forum let alone the internet in general.

There is not much incentive to go through the hassle for $20 but I can tell you now if the price is right scammers will make the effort

So no its not fud but offering to post fake yelp reviews is isn't that right?
hero member
Activity: 882
Merit: 976
Paypal is reversible up to 180 days no will trade with you. Better look at alternative means to buy Bitcoin

This is not necessarily true. Chargebacks on PayPal are only available for Goods or Services. If you send payment as Friends or Family, chances of getting refunded are slim to none. The only way that a chargeback will happen via PayPal is if the payment was made using a credit card option as payment for the Friends or Family option, and you'll have to prove to the credit card company that the transaction was a fraudulent one. Even in those cases, PayPal will ask for an official police report for the stolen funds before issuing any form of repayment for the Friends or Family option. Because this type of payment wasn't made for goods or services, there is no buyer or seller protection for these transactions. But for FF payments, PayPal clearly states that there is no fee for these transactions because they're essentially like handing cash to a trusted friend or family member.

Stop spreading fud.
sr. member
Activity: 444
Merit: 250
beauty is power; a smile is its sword
You will need to withdraw the funds.
newbie
Activity: 15
Merit: 0
PayPal doesn't work, if you really want to buy you better opt for some other payment method.
hero member
Activity: 697
Merit: 503
Paypal is reversible up to 180 days no will trade with you. Better look at alternative means to buy Bitcoin
newbie
Activity: 2
Merit: 0
I want to buy Bitcoin/Eth through PayPal.
Reply with your rate and fees, please if you want to sell.
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