Question about Paxful

[712]

So on paxful you can buy bitcoin for like 88 cents per dollar, but why are people buying bitcoin for 1,50 on paxful?
Can someone explan me this?
They must be making some profit somehow

[83]

Some sellers don't require ID verification, etc, theres many reasons certain sellers charge higher or lower prices

[712]

Some sellers don't require ID verification, etc, theres many reasons certain sellers charge higher or lower prices

I know, but I saw a couple guys and those were buying bitcoin for 1,50 per dollar and they also didn't requiere ID verification or anything.

[83]

Some sellers don't require ID verification, etc, theres many reasons certain sellers charge higher or lower prices

I know, but I saw a couple guys and those were buying bitcoin for 1,50 per dollar and they also didn't requiere ID verification or anything.

It's very much dependent on risk of chargeback and shit like that. selling btc for paypal is a lot riskier than selling paypal balance for btc. (For the seller, that is)

[712]

Some sellers don't require ID verification, etc, theres many reasons certain sellers charge higher or lower prices

I know, but I saw a couple guys and those were buying bitcoin for 1,50 per dollar and they also didn't requiere ID verification or anything.

It's very much dependent on risk of chargeback and shit like that. selling btc for paypal is a lot riskier than selling paypal balance for btc. (For the seller, that is)

I still don't get it tho, can anyone explain this?

[904]

I know, but I saw a couple guys and those were buying bitcoin for 1,50 per dollar and they also didn't requiere ID verification or anything.

It's very much dependent on risk of chargeback and shit like that. selling btc for paypal is a lot riskier than selling paypal balance for btc. (For the seller, that is)

I still don't get it tho, can anyone explain this?

when a seller is selling bitcoin for paypal, they take the risk of the buyer charging back. because of this many sellers price their bitcoin very high when selling it for paypal if you dont have id and stuff, because without those things its pretty likely you might chargeback. so that is why some sellers sell their btc higher than others.

 

[712]

It's very much dependent on risk of chargeback and shit like that. selling btc for paypal is a lot riskier than selling paypal balance for btc. (For the seller, that is)

I still don't get it tho, can anyone explain this?

when a seller is selling bitcoin for paypal, they take the risk of the buyer charging back. because of this many sellers price their bitcoin very high when selling it for paypal if you dont have id and stuff, because without those things its pretty likely you might chargeback. so that is why some sellers sell their btc higher than others.

I understand that, but I see people on paxful literally buying bitcoin for 1,50 dollar.
I mean like, you have 2 options on paxful you can sell (as a user) or you can sell as a trader and make an offer.
Even tho I don't have an offer, people are literally buying bitcoin for 1,50 per dollar from a user.

I mean this: https://paxful.com/sell-bitcoin/paypal/USD?fiat-min=100

[904]

I still don't get it tho, can anyone explain this?

when a seller is selling bitcoin for paypal, they take the risk of the buyer charging back. because of this many sellers price their bitcoin very high when selling it for paypal if you dont have id and stuff, because without those things its pretty likely you might chargeback. so that is why some sellers sell their btc higher than others.

I understand that, but I see people on paxful literally buying bitcoin for 1,50 dollar.
I mean like, you have 2 options on paxful you can sell (as a user) or you can sell as a trader and make an offer.
Even tho I don't have an offer, people are literally buying bitcoin for 1,50 per dollar from a user.

I mean this: https://paxful.com/sell-bitcoin/paypal/USD?fiat-min=100

it just depends on the seller and what times theyre available and if they have any btc left so its first come first serve..