So this is legit or what?
All I see are newbie accounts might be just created by this "team" to create a sense of trust so people will buy.
Cause as we all know paypal purchases are not allowed for any cryptocurrency.
It is in their own terms of service. So they will have an issue with chargebacks because of this as the buyers can just dispute and win because what you are offering and selling to them.
Think of that please.
Hi EtihadBitcoin, thanks for your interest.
Well you see.. On wikipedia page you can read
The European Union has passed no specific legislation relative to the status of the bitcoin as a currency, but has stated that VAT/GST is not applicable to the conversion between traditional (fiat) currency and bitcoin.
On the PayPal page about Prohibited Activities we can read
[...](g) involve currency exchanges or check cashing businesses[...]
So as far as we know at the moment Bitcoin is not legally recognized as currency and so it treated as an asset..
With the time we'll see how chargebacks go..
Talking about Newbies that "create a sense of trust" you can have a look at their profile and view all their posts.. Do you think that we would have spent time dealing with posts that don't mean anything for us or we would have spent time "ranking up" our profile?
Well.. The answer is simple.. We have spent time making our website/service fast, secure and simple..
Again.. Everybody is free to think and do whatever he/she want.. We just want to help people enter the world of cryptocurrencies..
Thanks.
- CoinTonic Team