Hey there..
I was wondering to sell my bitcoins and i saw very good rate for paypal. Like some offers $4000-$5000, if i sell BTC for paypal.
I don't know whats the paypal scam and how it works. I would like to know how it works and how can i safeguard myself.
Also in this case, how am i be scammed? I'll only be releasing my BTC when i received money in paypal.
Should i sell my btc for paypal to that guy?
Confused
If you plan to sell your Bitcoins in exchange for Paypal funds better chose a person who is known in this forum to avoid being scammed. The scam with Paypal is when they charge back or reverse the amount they paid you and you will end up with nothing. Try sending zazarb a PM, I know he is one of those who exchanges BTC to Paypal heres a link to his profile https://bitcointalk.org/index.php?action=profile;u=369212I was wondering to sell my bitcoins and i saw very good rate for paypal. Like some offers $4000-$5000, if i sell BTC for paypal.
I don't know whats the paypal scam and how it works. I would like to know how it works and how can i safeguard myself.
Also in this case, how am i be scammed? I'll only be releasing my BTC when i received money in paypal.
Should i sell my btc for paypal to that guy?
Confused