Author

Topic: Anyway for a newbie to purchase bitcoin with paypal? (Read 1482 times)

full member
Activity: 168
Merit: 100
Yes you can OP, go to VirWox, buy SLL, exchange for BTC. It's a nice little trick I learnt to get fast quick BTC in small amounts with Paypal. Big ass fees tho, so I dont recommend it unless you really need to go that route.
o_o
full member
Activity: 132
Merit: 100
If i understood quite good, if you want to earn something, try to partecipate in a signature campaign, then sell btc and have $ or € in paypal !
sr. member
Activity: 518
Merit: 250
I've been on this forum for while (not registered) and just looking at other people's forum but is there any way for someone without any reputation to purchase btc? I know everyone's scared of chargebacks but what if an escrow of some sort is used? If there is please post below.
Paypal has previously blocked accounts of (bitcoin) users. But, you could buy using an escrow service. The risk is losing your money and your bitcoins, even if an escort escrow is used. Localbitcoins or an exchange is more safe.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
Just use LocalBitcoin / your local bitcoin exchanger  Cheesy
It's should safe enough

But, you can buy bitcoin from big exchanger
hero member
Activity: 560
Merit: 500
If you're hell bent on Paypal only then you'll have to suck up a gargantuan premium. Hardly anyone will be willing to sell via paypal because of the chargeback thing.

The only consistent way is to buy Linden dollars from Virwox with Paypal and then convert them to BTC. It's gonna cost.

How is buying BTC on Virwox by paypal? Is it as expensive as it is on local bitcoin? I don't mind if it's 5~10% more expensive.

I remember it being closer to ~15% more on Virwox but I haven't checked recently.
sr. member
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
Buying bitcoin on forum would be hard without any reputation. But I still see offers from btc sellers accepting paypal occasionally, you need to do a thorough search.

Escrow is useless in paypal dealings because it can't stop you from chargeback.

You can also try virwox to buy bitcoins with paypal.
legendary
Activity: 1067
Merit: 1000
LocalBitCoins is probably the best/safest way. Why mess about with PayPal?

Well, I'm at the age where I don't have my own bank account yet...but I do sell/buy stuff through paypal. And I want to purchase some bitcoins but all the exchanges I've looked at don't offer it via paypal.

Also, I've looked into LocalBitcoins but their price is rather high  Shocked

Paypal premium fee is even higher than anywhere else.

If you're hell bent on Paypal only then you'll have to suck up a gargantuan premium. Hardly anyone will be willing to sell via paypal because of the chargeback thing.

The only consistent way is to buy Linden dollars from Virwox with Paypal and then convert them to BTC. It's gonna cost.

How is buying BTC on Virwox by paypal? Is it as expensive as it is on local bitcoin? I don't mind if it's 5~10% more expensive.

You are willing to pay 10% premium and think localbitcoin seller premium is high?
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
If you're hell bent on Paypal only then you'll have to suck up a gargantuan premium. Hardly anyone will be willing to sell via paypal because of the chargeback thing.

The only consistent way is to buy Linden dollars from Virwox with Paypal and then convert them to BTC. It's gonna cost.

How is buying BTC on Virwox by paypal? Is it as expensive as it is on local bitcoin? I don't mind if it's 5~10% more expensive.

You have to buy Linden Dollars from Virwox with Paypal first, then use Virwox to trade them for BTC.

I don't know how expensive it'll be but I'm guessing it'll be considerably more than 5-10%.
member
Activity: 84
Merit: 10
If you're hell bent on Paypal only then you'll have to suck up a gargantuan premium. Hardly anyone will be willing to sell via paypal because of the chargeback thing.

The only consistent way is to buy Linden dollars from Virwox with Paypal and then convert them to BTC. It's gonna cost.

How is buying BTC on Virwox by paypal? Is it as expensive as it is on local bitcoin? I don't mind if it's 5~10% more expensive.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
If you're hell bent on Paypal only then you'll have to suck up a gargantuan premium. Hardly anyone will be willing to sell via paypal because of the chargeback thing.

The only consistent way is to buy Linden dollars from Virwox with Paypal and then convert them to BTC. It's gonna cost.
member
Activity: 84
Merit: 10
LocalBitCoins is probably the best/safest way. Why mess about with PayPal?

Well, I'm at the age where I don't have my own bank account yet...but I do sell/buy stuff through paypal. And I want to purchase some bitcoins but all the exchanges I've looked at don't offer it via paypal.

Also, I've looked into LocalBitcoins but their price is rather high  Shocked
member
Activity: 84
Merit: 10
I've been on this forum for while (not registered) and just looking at other people's forum but is there any way for someone without any reputation to purchase btc? I know everyone's scared of chargebacks but what if an escort of some sort is used? If there is please post below.
Do you mean 'escrow', rather than 'escort'?
LOL yes
hero member
Activity: 560
Merit: 500
LocalBitCoins is probably the best/safest way. Why mess about with PayPal?
hero member
Activity: 560
Merit: 500
I've been on this forum for while (not registered) and just looking at other people's forum but is there any way for someone without any reputation to purchase btc? I know everyone's scared of chargebacks but what if an escort of some sort is used? If there is please post below.
Do you mean 'escrow', rather than 'escort'?
member
Activity: 84
Merit: 10
I've been on this forum for while (not registered) and just looking at other people's forum but is there any way for someone without any reputation to purchase btc? I know everyone's scared of chargebacks but what if an escrow of some sort is used? If there is please post below.
Jump to: