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-   -   exchange to BTC (https://www.aspkin.com/forums/paypal-talk/127323-exchange-btc.html)

horserider 06-23-2019 03:58 AM

exchange to BTC
 
Hello,
I have a paypal account and i would like to exchange GBP to bitcoin ,
My question is :
Every day i need to exchange 50-100 GBP to dollar , can i keep ordering from same vendor every day ? or it will make suspension to paypal ?

Thanks

Jblade 06-23-2019 05:01 AM

Re: exchange to BTC
 
If he has old business account, no issues but if its personal i think some issues may occur. Also, send as g n s rather than f and f

avtobus 06-23-2019 07:17 AM

Re: exchange to BTC
 
the problem is most sellers avoid gs payments and prefer ff instead)

agent006140 06-23-2019 07:45 AM

Re: exchange to BTC
 
that will be fee avoidance ,the seller is at risk of being banned by Paypal.

agent006140 06-23-2019 07:47 AM

Re: exchange to BTC
 
Quote:

Originally Posted by horserider (Post 1013257)
Hello,
I have a paypal account and i would like to exchange GBP to bitcoin ,
My question is :
Every day i need to exchange 50-100 GBP to dollar , can i keep ordering from same vendor every day ? or it will make suspension to paypal ?

Thanks

Did PAYPAL change its policy,I thought Paypal does not deal with Bitcoin or any crytocurrency,but the new Libra from FB,Paypal is one of its partners

WEI 06-23-2019 09:10 AM

Re: exchange to BTC
 
Quote:

Originally Posted by agent006140 (Post 1013288)
Did PAYPAL change its policy,I thought Paypal does not deal with Bitcoin or any crytocurrency,but the new Libra from FB,Paypal is one of its partners

Did they have a policy with regards to cryptocurrencies specifically?

rsot 06-23-2019 09:21 AM

Re: exchange to BTC
 
Quote:

Originally Posted by agent006140 (Post 1013288)
Did PAYPAL change its policy,I thought Paypal does not deal with Bitcoin or any crytocurrency,but the new Libra from FB,Paypal is one of its partners

Paypal is a partner with Libra? Source?

agent006140 06-23-2019 09:42 AM

Re: exchange to BTC
 
read press release of FB.
Paypal is one of them,but Libra is different,it is backed by several hard currencies

agent006140 06-23-2019 09:43 AM

Re: exchange to BTC
 
Quote:

Originally Posted by WEI (Post 1013319)
Did they have a policy with regards to cryptocurrencies specifically?

you have to read Paypal TERMS AND agreements and its prohibited items list and items which do not qualify for seller protection.

avtobus 06-23-2019 12:04 PM

Re: exchange to BTC
 
FB is not a partner, but 1 of the libra investors.
libra is not a crypto, but digital fiat

agent006140 06-23-2019 12:57 PM

Re: exchange to BTC
 

agent006140 06-23-2019 02:07 PM

Re: exchange to BTC
 
Quote:

Originally Posted by avtobus (Post 1013274)
the problem is most sellers avoid gs payments and prefer ff instead)

Receiving F&F payment is not going to save them,if the sender used a credit card,he can always skip PAYPAL and file chargeback with his cc issuer.
CC issuer has no rule on FF vs GS

avtobus 06-24-2019 10:41 PM

Re: exchange to BTC
 
Quote:

Originally Posted by agent006140 (Post 1013388)
Receiving F&F payment is not going to save them,if the sender used a credit card,he can always skip PAYPAL and file chargeback with his cc issuer.
CC issuer has no rule on FF vs GS

that's why most of them require to use paypal balance only to change


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