Post
Topic
Board Pilipinas
Re: Coins.ph Official Thread
by
mirakal
on 29/03/2019, 07:54:09 UTC
True, If the person you tried to trade file a dispute against you then for all you know you can't bring your BTC back to you. I think that if PayPal finds out you trade funds btc to paypal most likely the person with paypal dispute win.

That's why hindi iniencourage ang BTC to Paypal exchange transaction dito sa forum.

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Beware of PayPal and other reversible transfer services
https://bitcointalk.org/index.php?topic=14632.msg197267#msg197267

But it doesn't mean na di na talaga pwede mag exchange using paypal, it's all about risk. If you can observe most trusted person dito sa forum is nakikipag exchange parin through paypal with BTC kase nga dun sila nakkipag transact those people na trusted.
If there's a chance na ireverse yung transaction through paypal then red trust is on the way para diyan, iwan ko lang if merong high trusted profile na mag gaganyan except na lang sa mga newbies or ranks below sr members.

I agree with this, this is what Theymos said on the thread link that is shared

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Therefore, you should only accept PayPal in trades with people you trust very highly.


Also, this is what I found in the currency exchange section from OmegaStarScream


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As the title says, I have 1200$ in BTC and I would like to have PayPal funds. The rates will be 1:1 using preev.com

I'm not willing to do the whole amount with one individual regardless of his trust score. Also not doing anything smaller than 100$ per transaction.

If you have no solid trust history, and you are low ranked, please don't bother posting here. I won't be taking profiles from other forums or trading platforms as proof.

He emphasized there that he would love to trade his total BTC with different members in the forum, this is done to minimize the risk.