How to sell Paypal on marketplace

The sell option is only available here on the marketplace if there are some bid offers opened. The general idea is that you could only respond to the Bid Order when willing to sell Paypal funds. This restriction corresponds to a common sense - you cannot send Paypal funds to the marketplace, so at the moment of transaction start you should already know whom you're going to transfer funds to.

So, in order to sell some Paypal right instantly there are few steps to be done. First of all, specify the desired Paypal volume to be sold. The marketplace will attempt to find Bid Limit orders matching your request and ask you to pick up the one you like more. We recommend to pick one with a highest price since member trust level and overall turnover has practically no difference to you when setting a Sell Market order.

http://otcexchange.net/Images/otc_tutorial_sell_1.png

Once Bid Limit order is choosen, the marketplace shows a total BTC amount you are going to be funded wih once deal is cleared. Hit confirmation button if you like what you see and see the next page confirming deal values.

http://otcexchange.net/Images/otc_tutorial_sell_2.png

This page also shows a "Transfer" button which you have to hit and be redirected to PayPal website in order to perform funds transfer required by the deal. Hit this one and follow Paypal instructions. You are required to perform the funds transfer in 10 minutes while Bid Market order or its part is kept reserved for you.

http://otcexchange.net/Images/otc_tutorial_sell_3.png

Once funds transfer is complete, hit Confirm. The deal will be automatically tracked by the marketplace using Paypal payment notifications.

If you didn't like the idea - simply hit Cancel and your order is going to be removed without any further processing or consequences.

vvinogradoff

Posts

Merits