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+--- Thread: Coinbase adds PayPal and credit card support (/Thread-Coinbase-adds-PayPal-and-credit-card-support)
Coinbase adds PayPal and credit card support - Wildfire - 06-22-2016
This is HUGE, at least for me.
You can sell and cash out to PayPal or buy with your credit card now. Directly from Coinbase!
https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-paypal-and-credit-cards/
RE: Coinbase adds PayPal and credit card support - pvnk - 06-22-2016
I don't want to do that. Thanks.
RE: Coinbase adds PayPal and credit card support - Despised - 06-22-2016
Makes me wonder.
Wouldn't it be possible to buy BTC with CC, move it out of the wallet then chargeback on the bank's side?
RE: Coinbase adds PayPal and credit card support - Prince Tony - 06-23-2016
I've had an eye on bitcoin lately and I think it's a huge business move on Coinbase just by integrating PayPal.
RE: Coinbase adds PayPal and credit card support - sleaze - 06-23-2016
(06-22-2016, 10:56 PM)Ruptured Wrote: Makes me wonder.
Wouldn't it be possible to buy BTC with CC, move it out of the wallet then chargeback on the bank's side?
Exactly, I'd like to see their measures to protect from things like this. Not to mention straight out carding it.
RE: Coinbase adds PayPal and credit card support - Skryptec - 06-23-2016
(06-22-2016, 10:56 PM)Ruptured Wrote: Makes me wonder.
Wouldn't it be possible to buy BTC with CC, move it out of the wallet then chargeback on the bank's side?
Sounds like the PayPal dupe method that still works lol.
RE: Coinbase adds PayPal and credit card support - Blue - 06-23-2016
I'm excited for this bc, I use Coinbase a good amount!
RE: Coinbase adds PayPal and credit card support - insidious - 06-23-2016
Yeahp, got the notification earlier today I think. It's a pretty awesome update, even if it may currently have some issues with chargebacks and whatnot
Coinbase is probably preparing for that, though.
RE: Coinbase adds PayPal and credit card support - Despised - 06-23-2016
(06-23-2016, 01:16 AM)sleaze Wrote:They'll likely force users to verify their identity and what not before payment, just like any other site where you can buy BTC.(06-22-2016, 10:56 PM)Ruptured Wrote: Makes me wonder.
Wouldn't it be possible to buy BTC with CC, move it out of the wallet then chargeback on the bank's side?
Exactly, I'd like to see their measures to protect from things like this. Not to mention straight out carding it.
RE: Coinbase adds PayPal and credit card support - Wildfire - 06-23-2016
(06-23-2016, 08:20 AM)insidious15 Wrote: Yeahp, got the notification earlier today I think. It's a pretty awesome update, even if it may currently have some issues with chargebacks and whatnot
Coinbase is probably preparing for that, though.
From what I hear, they're doing a ton of verification before they let you in. Also you have to have an aged account, I think.