Beware of PayPal and other reversible transfer services
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Beware of PayPal and other reversible transfer services
Blockchain transactions are not reversable while paypal transactions are ...
Beware of PayPal and other reversible transfer services @ Bitcointalk
So before trading BURST/FIAT this way ensure the person offering can prove any reputation or escrow.
Due to latest offers in this category ... i felt like this general notice/info was needed.
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You could also use Anycoin direct they are here in Europe. https://anycoindirect.eu/en
or
https://xcoins.io they are in the US.paypal is tricky I use it on ebay but also had people take money back so only trade with who you trust!
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@tross people can still chargeback on xcoin though, happened to me twice now with larger orders, lost about $200 total but gained it back with the interested I have earned from it.
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@mathew ouch! I never used them but was told they were ok. I use anycoin and get paypal direct from them I assume anyone with paypal could use them.
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@tross yeah, they usually ban people who chargeback quickly so there are not alot of them but there are always a few once in a while
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Thanks for the heads up @luxe
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I personally use PayPal only for sending money, I rarely received money using PayPal.
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@haitch mentioned that PayPal supports none-reversable transactions (family/friends) ... i'm not aware of the details, but if thats true ... it would be a good solution.
https://forums.burst-team.us/topic/4930/i-would-like-to-buy-200-worth-of-burst-via-paypal/16
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I sold a computer power supply on ebay using paypal. Well the guys paid then wrote me it is broken. Before I could answer him my paypal was minus. He toke his money back. But it is not that simple anymore! The money he took back was put in a special account. He was required to send me the Power Supply before the money was released.
I would assume a plan money transfer is the same. But dont know but worth looking into!
