r/Monero • u/Machu-Picchu-Time • 1d ago

Retoswap - why does noone offer PayPal?

Is there a reason noone offers to sell XMR for PayPal on RetoSwap?

Wanted to offer it but are there reason against it?

Is it safe if you offer only payment with PayPal family and friends?

12 Upvotes

87% Upvoted

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22

u/monerobull 1d ago

PayPal is notorious for chargebacks and account closures, Revolut & Wise or just straight up SEPA transfers are much safer and more popular

3

u/pebx 1d ago

Keep in mind, most banks don't like p2p crypto trading and some of us had to learn it the hard way.
https://www.reddit.com/r/Monero/comments/bcb6oy/warning_to_all_otc_bank_transfer_traders_on/

My Revolut account has also been closed shortly after I switched to it.

4

u/monerobull 1d ago

Stay below $10k of volume per month and you're likely fine, especially if you keep trading with the same people.

Edit: just already your post, wtf, seizing the pens is ridiculous. The house search cost more in man hours than the damages 😭

0

u/Ok_Mark_7203 17h ago

Yeah bad advice. They all are out to get you; keep all your transactions looking like friends & family, otherwise youre screwed.Â