Post
Topic
Board Bitcoin Discussion
Re: 3 ways to grow more bitcoins and ways to lose it
by
Wind_FURY
on 04/10/2016, 02:38:54 UTC

I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

Quote
3. Sell your Bitcoins with a 15% mark-up on xCoins.io

xCoins.io is a site that was launched in June with  positive reviews. The controversy with this site is that it uses Paypal as its payment processor. xCoins is a middle man that connects buyers and sellers with the former who seeks to buy bitcoins with Credit card or Paypal -- at a 15% markup price. The sellers will receive the proceeds in their Paypal account. Many readers are very likely to disapprove this site because it is using Paypal as the main mechanism for fund transfer since Paypal transactions are reversible by scammers.




If you really want to sell your Bitcoins at a more premium price than what the current market is offering then you should use localbitcoins.com. You yourself can choose which payment methods to use and you can even choose to meet up with the one you are transacting with to meet in person. The service allows and gives you the opportunity to act as your own exchange.