Bitcoin fee while receiving payment from business account to personal
Savanas_Bag
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Posted on
Jun-06-2022
10:30 AM
So, I have been sent a notification (through email and via PayPal app) saying the person I am waiting to receive money from has sent an estimate of $5000NZD. The estimate shows that there is a fee for $100 BTC from the receiver needed to finish the transactIon. It is a business account sending money to my personal account. The notification is showing on my PayPal so I’m not sure If it’s a scam or not and I’m wanting help with this before proceeding to pay the transaction fee of $100USD BTC. According to this I will not receive funds in available in my account until I have paid this. Please let me know if you are aware of this. Or can help in anyway. Thanks.
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Fraud & Phishing
1 REPLY 1
kernowlass
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Jun-06-2022
11:57 AM
You never pay any upfront fee as a seller.
Ignore scammers that send fake Paypal emails or invoices telling you that you need to pay an upfront fee to verify/upgrade/or any other reason to 'accept' a payment.
You would certainly never have to send funds via another payment processor/bitcoins/ or tokens/vouchers of any sort.
Any fee is auto deducted by Paypal at the same instant the remainder of the payment is credited to your Paypal account balance.
No funds in your balance = you have not yet been paid, even pending/held payments will still show in your Paypal account activity.
Advice is voluntary.
Kudos / Solution appreciated.

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