Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Starving_Marvin
on 15/09/2017, 23:27:27 UTC
I don't want my bank to know that I am fiddling around with BTC. Not sure what their policy is, but don't want to take chances, and have them close my account. That is why I have lately been using the Paypal route. Then I can transfer from Paypal to my bank and all my bank sees is that I got money from Paypal.

I'm not sure what you mean but selling BTC for paypal-money is very risky. Anyone can complain within 30 days and get their money back + keep the coins. Paypal-policy says that they can just take the money from you and give it to someone else.

If you're worried about your exchange double-crossing you in that manner, you probably shouldn't be dealing with that particular exchange in the first place.

What exchanges pay you with paypal money? Also I wouldn't trust Paypal with any larger sums. I once sold most of my vinyl records in a short period and paypal froze my account. I had to prove this and that to be able to be able to use my funds again. It took months and I was really broke (that's why I sold my vinyls) so I'm still quite pissed.