Post
Topic
Board Trading Discussion
Re: Possible problem with paypal limiting my account after selling on LBC
by
davis196
on 25/06/2016, 05:19:02 UTC
I have made maybe 5-6 transactions on LBC in the last week.  Paypal has now limited my account, asked for documentation and asked what the money coming in was for.  I need some advice.

Is selling btc and accepting paypal against their TOS?
If so what is the best thing to tell them with regard to the nature of the transactions?


I am banned from circle and coinbase (for gambling transactions) is there there a third good option to sell bitcoins?




I guess you`ve made a mistake.

Never mention bitcoin in any paypal invoice or payment request and you`ll be fine.

The people sending you money via pp should never mention bitcoin in their paypal payment emails.

I was selling btc for paypal on localbitcoins and never had any problem.

Provide the asked documentation and never admit that you were trading bitcoins.