Quote from: btcltcdigger on December 10, 2019, 09:28:00 AM

Quote from: Royse777 on August 02, 2019, 02:33:46 PM

Paypal for crypto(BTC)
This kind of currency exchange offers we often see in the Currency exchange section. Most of them come from Newbie accounts or very lower ranked accounts. They will claim that they have Paypal and they want to buy BTC. The deal may go very smooth but since Paypal has chargeback feature (is valid for 180days) the scammer can simply write to Paypal for a refund and if they can convince Paypal team then Paypal will take the money away from your account. A better solution is to hold the crypto for 180 days using an escrow perhaps.

Example victims or offers:
In progress

Luckily i'm not a victim, but i've seen this happen, and has been attempted on me dozens of times.
ONLY use paypal for people you TRUST

Cargeback is a bitch....

I've ran many businesses and chargebacks are just a cost of doing business. Majority of business is done with credit cards, its just how the real world operates. Your generally fine selling btc for paypal if you charge a premium to offset any losses you might have.