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Selling BTC using paypal?

rans
By rans
in Folding@home, Boinc, and Coin Mining
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Hello, is it safe to sell BTC to a person using paypal as payment method? I mean he might scam me by reversal or is how do i avoid it? and is there alternative for like this transaction? sorry i'm noob thanks!

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Posted

I use localbitcoins.com and have had good luck. Just pick a reputable seller and go for it.

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its safe if you sell to reputable person... otherwise would not recommend it.

Looking around,

bla bla bla this, meh that!

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DO NOT use paypal to trade BTC.

 

Paypal is notorious for closing accounts for trades involving BTC or any other crypto for that matter AND PayPal's policies often take the side of the "buyer" in most transactions. So all the buyer has to do is claim he never received the coins, and *pop* just like that, you're broke.

"Although there's a problem on the horizon; there's no horizon." - K-2SO

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