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Topic: you know Paypal is dangerous but still do it. so how to avoid being limited? - page 2. (Read 1697 times)

legendary
Activity: 2688
Merit: 1192
The simple answer is essentially: Don't do it. I believe Paypal did (or are doing?) some testing with the bitcoin payment system but it does not blend with their fiat currency side of operations. You could get a lucky break on appeal, but Paypal terms are pretty strict about situations like this. The people who are selling BTC for paypal do take a big risk and usually only allow long term users to do it. Plus you have to avoid all the hacked accounts or downright theft from greedy customers.
sr. member
Activity: 476
Merit: 250
Well at paypal dealing against their rules will always lead you into a risk situation where a chargeback and someone can say to paypal you are dealing with bitcoin,killing your business ,making and they starting the same service for them.Isnt easy to follow paypal rules ,selling and buying from it usually becomes a nightmare ,because the costumer has paypal on their side and merchant always get the punishement.Soo better choose bitcoin ,as you wont face any problem,besides those some users here will pay you for the coin as you can go into some exchange sell your coins and withdraw to your bank account for less fees and almost instant as paypal.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
Always deal with trusted traders with positive rep and always use escrows.
This is sufficient protection i quess.
There is no 100% safety...

I`m sorry that you lost your PayPal... Cry
\

thanks,

escrow is not the problem. even I use the best escrow, it does not prevent my counterparty to report me on the third payment methods (Paypal).

the key point is that how to identify whether is he a reliable man, there will always be a stranger to come to my store to buy, should I refuse them?
full member
Activity: 196
Merit: 100
Always deal with trusted traders with positive rep and always use escrows.
This is sufficient protection i quess.
There is no 100% safety...

I`m sorry that you lost your PayPal... Cry
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
I see there are so many people buy and sell with paypal, but do you never met any scam buyer/seller who take any cheaps to report you and led to your paypal account is closed?? just yesterday, my paypal account was killed, so my store reduce an accept payment.

and I guess everyone have known that BTC-related transaction is dangerous on paypal, but how do you treat it? did any people buy/sell Bitcoin with Paypal in the long term, but had never been punished by Paypal yet?

thanks firstly for your valuable experice   Embarrassed
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