Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.
Help out, go here:
https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailusEmail us
Report Fraud / Prohibited Use
High Risk Business / Prohibited Use
Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.
Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.
I don't know what the situation with the original "coinpal" was so I won't speak for them. FastCash4Bitcoins DID NOT get shut down by Paypal. They got shut down by the state of Virginia for "unlicensed money transmission", which they are still fighting the compliant till this day.
This shows just how much you really know....