Quote from: TommyBitcoin on January 21, 2017, 09:51:16 PM

Quote from: BuySomeBitcoins on January 19, 2017, 01:46:25 AM

rule 1 : never ever sell Bitcoin for Paypal
rule 2 : if you decide to use Paypal, never use Friends & Family feature.

Can you explain rule 2 please? Thanks!

As a seller (Bitcoin or any other service), how will you explain to Paypal an unauthorized transaction ?
Paypal always collect its fees, you can easily charge the buyer for Paypal fees (he will pay them anyway if he send as friends and Fams).

Then, as a bitcoin seller, you are supposed to pay taxes, Paypal have enough problems with taxation and the IRS, they do not need people to mess with their services.

Lastly, Paypal will not only insta-lock your funds and account, but if you tell them you sold bitcoins, got a dispute from a Friends and Fams payment, they will not even bother looking at your case.

Sending as Friends and Family is a feature that is offered to do one task "Send to Friends and to Family members "