Author

Topic: Best way of Paypal to BTC? (Read 1946 times)

legendary
Activity: 2506
Merit: 1010
August 12, 2012, 05:39:42 AM
#9
have a few euros left on my paypal account and i want to convert them to BTC.


With VirWoX you can buy SLL using PayPal or Credit Card, then trade SLL for BTC:
 - http://www.VirWoX.com


This does't help you right away, but in the future you can buy physical Bitcoin, paid for with credit card:
 - http://memorydealers.com/catalogsearch/result/?q=bitcoin


Here's one method those in the U.S. might be able to use to buy bitcoins using credit card.

There is a new money transfer service called Remitly.   They let you send funds, with the transaction funded by a credit card, to the Philippines -- via the GCash network.  This is primarily intended to be for remittance payments to the Philippines.

There is an exchange in the Philippines that performs exchange to and from bitcoins, and accepts GCash payments for the purchase of bitcoins.

So, ... to use Remitly, the send money form will ask for your name, address, date of birth, and last four digits of SSN.  

The Philippine exchange:
 - https://bitcointalksearch.org/topic/m.1087417

This method hasn't yet been attempted so if anyone does try it, feel free to share the results.

newbie
Activity: 35
Merit: 0
August 11, 2012, 11:57:34 PM
#8
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newbie
Activity: 9
Merit: 0
August 11, 2012, 09:06:35 PM
#7
Indeed I always do cash deposit. I can recommend both BitInstant and TangibleCryptography.
hero member
Activity: 868
Merit: 1002
August 11, 2012, 09:02:11 PM
#6
Are you in the
The best way to buy BTC with Paypal is:
1) xfer Paypal to your bank account
2) withdraw cash
3) deposit with a reputable bitcoin business that accepts cash desposits

newbie
Activity: 9
Merit: 0
August 11, 2012, 08:55:36 PM
#5
the bitcoinary isn't bad for this purpose even though rates are like 8-10% over spot, at minimum
newbie
Activity: 13
Merit: 0
August 11, 2012, 07:16:17 AM
#4
Oh my, after reading through the last couple of pages I see what's going on. Sorry for posting misinformation.
legendary
Activity: 1358
Merit: 1002
August 11, 2012, 06:54:50 AM
#3
Hello I haven't used this method before but it seems like this thread may be of some use to you.
https://bitcointalksearch.org/topic/thebitmint-buy-bitcoins-with-paypal-site-closed-83679

No it will not. The thread ends with a huge clusterfuck of Paypal closing accounts and reversing payments.
newbie
Activity: 13
Merit: 0
August 11, 2012, 06:14:45 AM
#2
Hello I haven't used this method before but it seems like this thread may be of some use to you.
https://bitcointalksearch.org/topic/thebitmint-buy-bitcoins-with-paypal-site-closed-83679
sr. member
Activity: 351
Merit: 250
August 11, 2012, 06:12:13 AM
#1
hello,
i know paypal has its problems, however i have a few euros left on my paypal account and i want to convert them to BTC.

what is the best exchange or method to do so?

thanks!
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