Post
Topic
Board Beginners & Help
Re: I'm selling BTC through PayPal!
by
ghgr
on 01/09/2011, 15:01:44 UTC
Thanks for your purchases so far! Smiley
I've added some coins to the balance (I expect many more before the end of the week), and the limits are increased faster with each purchase. In order to avoid problems with Paypal you will see that the expression "Buy BTC" is omitted. Instead of that, the user pays to enter the "Hall of Fame", where the Bitcoin will be shown with a link to the transaction (Blockexplorer). This is just a measure to defend agains fraudulent chargebacks.

(Hint, maybe, it worth to write on exchange page about this delay Smiley )

Thanks for the advice! Since it's true that Bitcoins transitions are not instantaneous, the user should (in normal situations) be able to see the transaction with 0 confirmations some seconds after the purchase. After talking to my server's tech support I realized that it was an exceptional case and in the unlikely case that it happened again I'd prefer the user to contact me directly (and then I will absolutely change of server ^^).