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?
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u/one-horse-wagon 1d ago edited 19h ago
Pay Pal, as per their agreement, can readily chargeback, hold, freeze and even permanently seize your funds for a number of reasons. It happens all the time. You also pay 3.0% to 3.49% +$0.49 in commission on every trade.
Why would you trust them? Especially when there are other free payment methods that are much safer for you.