Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Buying btc from a forum member
by
SFR10
on 25/04/2020, 05:37:02 UTC
⭐ Merited by Theb (1)
However, I do not think any of the forum escrow provide paypal escrow because it can be reversed.
Correct.

I’m at the point now where I want to buy a substantial amount and it is too much money for me to feel comfortable doing the same type of trade.
Continue with the smaller trades or do what "Rodeo02" mentioned [on an exchange]...

What should I do or suggest to the seller? An escrow of some kind? Thanks for your help.
By doing that, the escrow provider can only protect your part of the deal [since you're the one with reversible method] and not the other involved party [seller] which means, it defeats the purpose of having a middle man for protection.

PayPal - regular   Most world currencies   0   Extremely easy to charge back. Also, since trading bitcoin is against their ToS, good luck disputing the chargeback. Do not use.

On a side note:
- Since I noticed some users posted an outdated list of escrow providers, here are the latest threads: