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Topic: Are you using PayPal to buy a bitcoin? (Read 741 times)

full member
Activity: 434
Merit: 100
Hexhash.xyz
August 01, 2017, 10:56:54 AM
#29
Actually, I didn't use paypal for buying a bitcoin because there are many easy way to buy bitcoin than using paypal. Paypal for bitcoin is very hassle so that's why I didn't use it. I just using a service like a coinsph to buy a bitcoin. This was only an advice sir, it's up to you because the decision is yours.
sr. member
Activity: 1218
Merit: 254
Trphy.io
August 01, 2017, 10:48:30 AM
#28
I have never used paypal to buy bitcoin. I am more interested in using localbitcoins.com, which i think is more practical.
sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
July 31, 2017, 10:37:49 PM
#27
I haven't used paypal to buy btc.  There are many people.in our country who.have btc they sell btc,we meet face to face pay them and they give ase btc
full member
Activity: 308
Merit: 100
July 31, 2017, 10:02:43 PM
#26
Anyone here experienced to buy bitcoin using their PayPal.? How much the fees?
I am not used to using Paypal to buy Bitcoin but the fees is so small, it depends on how much your exchanger wants to take from you but it will still be so small, you fon't need to worry about that, just buy yourself and start your work, don't miss it.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
July 25, 2017, 09:11:50 AM
#25
If you search some topics here about this subject you will find that many users don't recommend using PayPal for buying Bitcoin because of high possibility for scam and chargeback. I advise you to stick to that unless you personaly know the person you are trading Bitcoin with PayPal. Otherwise you might regret it, I know many who were scamed that way.
full member
Activity: 254
Merit: 100
July 25, 2017, 08:12:31 AM
#24
A lot of people don't want to accept paypal due to the risk of chargebacks. Just transfer it to your bank account.

Yes people are avoiding the chargebacks from paypal that is why there are only few who buy bitcoin using paypal. In my country I can easily use fiat money  to buy bitcoin I just need to cash-in and then buy bitcoin after.
hero member
Activity: 1190
Merit: 534
July 25, 2017, 07:46:37 AM
#23
I have not used it but I have read some experiences. Paypal has buyer protection policy which enables the sender to retrieve payment even after several weeks after sending so it falls under high-risk category and thus no one usually trades using Paypal. Additionally, Paypal has some restrictions in my country so we can't even use its 100% features.
sr. member
Activity: 259
Merit: 250
July 25, 2017, 07:27:19 AM
#22
A lot of people don't want to accept paypal due to the risk of chargebacks. Just transfer it to your bank account.
hero member
Activity: 1078
Merit: 504
July 25, 2017, 07:20:54 AM
#21
There are some websites where people sell Bitcoins for Paypal Dollars but I will not suggest them as they are too shady and Paypal will freeze the accounts if they come to know about it. Bitcoin is illegal for Paypal authority and you cant transact against Paypal. IMO, Paypal services are sh*tty and Bitcoin is way better service than them.
hero member
Activity: 994
Merit: 502
July 25, 2017, 06:43:27 AM
#20
I have been using PayPal, but till now haven't made any transactions for buying bitcoin or for the trading necessities. While trading used to make btc/altcoins or btc/usd and withdraw it to the bank account and the btc to the wallets. I beieve using paypal is simple as that we use other payment services, but the charge might vary.
legendary
Activity: 3038
Merit: 1188
July 25, 2017, 06:04:38 AM
#19
Anyone here experienced to buy bitcoin using their PayPal.? How much the fees?
If you check into currency exchange board, you can find lot of highly reputed members are buying bitcoins for PayPal. But people will not trust you for accepting PayPal from you as you are still newbie. But you may go with escrow but it will be involving holding periods.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
July 25, 2017, 05:41:16 AM
#18
I don’t use paypal to buy bitcoin because of the high fee charged by sellers, I have seen 25% to 30% fees.  But of course, due to the higher risk of paypal dispute, sellers have to charge higher fees.
full member
Activity: 215
Merit: 100
July 23, 2017, 02:05:45 PM
#17
I don't prefer to use paypal for bitcoin purchases due to limitations and restrictions, but if you wanna try you can go with virwox safely. They're safe not like some other scammer web site.

Let me put their web site:

https://www.virwox.com/
hero member
Activity: 826
Merit: 1004
July 23, 2017, 01:12:37 PM
#16
I would never ever do that because of many reasons one of them is fees, people think everyone paying with PayPal are scammers so they charge 30-40% fees normally , another issue is they will ask for your personal documents like selfie with id and then picture of passport. If you somehow have PayPal and want bitcoin just withdraw those funds to your bank (20$ fees ) or withdraw to your credit card (5$ fees + conversion fees) withdraw your funds and buy from local bitcoin the fees is max 5% through localbitcoin.
sr. member
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 23, 2017, 12:25:04 PM
#15
virwox sell bitcoins for paypal, and they are taking a big fee if you are doing this transaction, better to find other method how to deposit via localbitcoins or someother method which is without fee. Better idea to use credit or debitcard to buy a bitcoin, a lot of websites accept cards and the transaction would be more safer using web bank
sr. member
Activity: 518
Merit: 250
July 23, 2017, 11:57:40 AM
#14
Yes, in past time I had bought some Bitcoin with paypal from a seller in Thebot.net forum, but the price have change +6.5% preev.com and very bad if compare with other payment as Netheller or cash direct. In currently, I usually use changer if want exchange virtual cash or buy direct with my friends
sr. member
Activity: 574
Merit: 255
July 23, 2017, 11:34:59 AM
#13
It doesnt worth . There are so many fees that you have to pay them if you want to buy btc with paypal , also I do not recommend paypal , you can get always a refund from sender , they have also big fees if you send as business payment
But if you want to exchange paypal to btc , I recommend you localbitcoins , find a trustworthy guy and deal with it Smiley
full member
Activity: 266
Merit: 114
July 23, 2017, 11:29:31 AM
#12
I don't use paypal to buy Bitcoins,  I usually trade bitcoin through my country's local exchange for a 6.8% transaction fees. How much is paypal transaction fees?
full member
Activity: 471
Merit: 102
July 23, 2017, 11:04:59 AM
#11
When it worked I use wesellcrypto for sporadic purchases but it is true that its commission by paypal was much more expensive.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
July 22, 2017, 04:23:31 PM
#10
The best is to have a friend agree to sell you some bitcoin in exchange for Paypal funds. It's based on the trust you both have. He doesn't need to be afraid to have a dispute open on his account or a chargeback. Of course, you don't tell to Paypal look at me I am buying Bitcoin.
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