Post
Topic
Board Service Discussion
Re: Just found this site for buying and selling bitcoin through paypal
by
shogdite
on 30/03/2015, 22:44:10 UTC
Bear in mind, all of your "tests" are with very low amounts. If the transactions are worth only a few dollars, it would make sense for them to follow through and give you your cash if it means you convince others that there's no scam. So when somebody sends out 3 btc hoping to get paypal because all of these $5 transactions went so well, BOOM, they vanish without a trace.

EDIT: For those of you looking to get paypal, this site may be an answer https://cryptothrift.com/

Money is held in escrow. There are people with 400+ transactions on there that have no negative feedback. I personally have sold about 1 btc in exchange for paypal through sellers at this site.

Yeah I've used cryptothrift to sell a few bitcoin for paypal, even with escrow you still run the risk of chargebacks in the future. Fingers crossed it hasn't happened to any my transactions on there so far. It's a decent marketplace, kind of reminds me of Bitmit.