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Topic: Anyone know where I can buy BTC with paypal with low fees? (Read 3605 times)

newbie
Activity: 3
Merit: 0
There are few ways to transfer funds from paypal to a BTC wallet and they aren´t cheap, since I don´t use P2P exchanges, I only will show some alternatives I have been using for awhile.

********* USD from paypal to a BTC wallet using VIRWOX (AKA THE DISGUSTING WAY) *********
It takes a lot of steps, at the end of the process they reward you with an insufferable 24% commision and they keep some money thanks to their "minimal" tradeable amount policy (which is brilliant if you are the Virwox owner)

********* USD from paypal to a BTC wallet using UPHOLD/AIRTM (fees are so close to virwox but hey! they use smoother web interfaces) *********
you have to use uphold and airtm accounts together, three pros: 1) paypal works with airtm and airtm works with uphold, 2) You can fund/withdraw fiat money from/to your bank account and crytocoins wallets, 3) You can create your own wallets within uphold.

Now the steps and the math:
1) SEND USD from paypal to airtm (fee 21.5% + 0.30)
2) SEND USD from airtm to uphold (fee 2.5% + 0.30)
3) within uphold, convert USD to BTC (fee 1.05%)
4) SEND BTC from your uphold wallet to an external wallet (Network fee 0.0007 BTC)

as you can see, both methods takes a lot of steps, they are relatively secure and high fees

There is other alternative but it is in development yet

Stop using paypal and use airtm because you can receive/send or fund/withdraw fiat money using a very long list of sources including your bank account and soon crytocoin wallets, this last part is what I waiting for, because in the next future I will receive all the USD payment from my customers in my airtm account, convert to BTC and send to my external wallets.
hero member
Activity: 952
Merit: 503
i personally never use paypal in my life time and that is the reason that i have no idea about that, i think bitcoin is too much expensive therefore you should avoid and use some other source for buying bitcoins.
I agree with you there is maximum people never use paypoal in some countries because paypal is not availabe in some country and i also have do not any idea as you that how to buy bitcoin with paypoal , and i earning bitcoin through trading and through other online tasks .
sr. member
Activity: 252
Merit: 250
I guess the cheaper option would be to open an account with Cryptonit, get verified by submitting your ID, then you have the option of adding funds to your account via paypal.
You can also do the same thing at coinbase.
The two sites require ID verification after which you can buy bitcoins or any other crypto they have.
sr. member
Activity: 281
Merit: 250
i personally never use paypal in my life time and that is the reason that i have no idea about that, i think bitcoin is too much expensive therefore you should avoid and use some other source for buying bitcoins.
sr. member
Activity: 322
Merit: 250
Basically its near impossible to get btc with paypal on this forum, are there any sites where I can exchange pp for btc? I've used paxful and lbtc before, fees and rates are so goddamn high, that's the reason I came on this forum.
Bro I Suggest You That Don't Buy Bitcoins With Paypal Because PayPal Can Easily Be Reversed By Anyone So That You Can Get Scammed By Anyone Easily So I Suggest You That Be Careful in Doing Transactions With PayPal.....
legendary
Activity: 2058
Merit: 1030
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You could try with localbitcoins, because it gives access to different methods of payment option. You can easily find traders accepting PayPal, but you might be getting low amount as they levy huge commission amount compared to direct trading to USD or other Currencies.
I never heard that localbitcoin accept paypal as payment processor.. Do you know how much they are asking to buy bitcoins or minimum balance to buy bitcoins?
legendary
Activity: 3234
Merit: 1214
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You could try with localbitcoins, because it gives access to different methods of payment option. You can easily find traders accepting PayPal, but you might be getting low amount as they levy huge commission amount compared to direct trading to USD or other Currencies.
member
Activity: 98
Merit: 10
is nothing if you want buy bitcoin use paypal
all site exchange high fee because , this fee paypal high too
sr. member
Activity: 281
Merit: 250
i cannot give you an suggestion because i never use paypal because iti s totally banned in our country and that is the reason that i never use paypal in my life time.
hero member
Activity: 1190
Merit: 534
You won’t be able to get such deal unless you are dealing with someone who has Indian paypal account. Since paypal transactions are reversible even after several weeks, no one would deal and sell you bitcoins, but in India any amount received in paypal account is automatically withdrawn in associated bank account and one can’t even keep $0.01 so I am not sure how it reversible transaction works in such case. It’s better to create a virtual credit card and refill it with paypal and using that card to purchase bitcoins.
hero member
Activity: 826
Merit: 501
no i don't know and i doubt that there are people that sells via paypal
hero member
Activity: 2954
Merit: 533
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I don't think that you can buy bitcoins with paypal with low fees due to the risk of chargeback(escrow won't help as chargebacks can happen up to 180 days after the trade). Not only that, if you are trading at localbitcoins or paxful, traders would want to trade for profit but they have to compensate for the escrow fees as well.
Well, the best option it's just buying from the personality of person to person because i think through the escrowed will get a high fees for you and from using the personal method you can reducing your fees , i agree with you.
sr. member
Activity: 266
Merit: 251
I don't think that you can buy bitcoins with paypal with low fees due to the risk of chargeback(escrow won't help as chargebacks can happen up to 180 days after the trade). Not only that, if you are trading at localbitcoins or paxful, traders would want to trade for profit but they have to compensate for the escrow fees as well.
copper member
Activity: 34
Merit: 0
I don't think that people want to sell bitcoins through paypal with small fees
newbie
Activity: 1
Merit: 0
I am also searching for one. I guess paypal seller fees also stand in our way for buying Bitcoins with Paypal with low transaction fees.
legendary
Activity: 1400
Merit: 1001
Like I said, you can easily buy BTC with paypal at xcoins.io

Also if you want to make a profit from your BTC you can sell them there as well. I routinely make a 15-25% markup on my BTC when selling there.
And that is exactly the reason Op said - low fees. 15%-25% is not low fee. Also xcoins.io is not an exchange it is an 'secure loans' platform.

There is basically no place when you can use PayPal buy BTC and won't pay additional 15% or more.
Op, if you have no trouble using PayPal then why don't you use standard bank account? This way you could use standard exchange.
sr. member
Activity: 465
Merit: 252
Like I said, you can easily buy BTC with paypal at xcoins.io

Also if you want to make a profit from your BTC you can sell them there as well. I routinely make a 15-25% markup on my BTC when selling there.
full member
Activity: 126
Merit: 100
market placed exchanger in support paypal is only one virwok
several case coinbase support paypal to
and you want buy bitcoin via paypal you can post in section curency exchange in bitcointalk forum
full member
Activity: 142
Merit: 100
I don't really think that you will find a way/place to  buy bitcoins with paypal as many people are afraid to use bitcoin for that
newbie
Activity: 28
Merit: 0
You can try waterhole - Bitcoin OTC APP! Currently no fee there.
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