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Topic: Buy Bitcoins with Paypal – step by step tutorial (Read 791 times)

member
Activity: 70
Merit: 10
★YoBit.Net★ 200+ Coins Exchange & Dice
I think they are not so friendly!  I used paypal for trading a bit on LBC, and now my account is frozen.  Now they want my life history data to release MY money.  I can now see why so many people hate paypal, and I am glad that bitcoins are making a strong showing this year.

Paypal for products is ok, not the best but ok.

Paypal for crypto is horrible.  With the world of charge backs, higher priced BTC, it just is not very good.

I suggest looking into a real exchange you can connect a bank account up to.  You will save a lot of money overtime.

paypal is also horrible with goods or products degital or physical both i have had worse experianse with paypal i dont know why montly people use it all over the world they need to change their polices other wise one day no one will sale using paypal anymore paypal is always at the buyers hand and they mostly take side of the buyer does not matter how honest the selling is

and the fee of PP is high, especially when you spending a small amount
legendary
Activity: 1106
Merit: 1000
I think they are not so friendly!  I used paypal for trading a bit on LBC, and now my account is frozen.  Now they want my life history data to release MY money.  I can now see why so many people hate paypal, and I am glad that bitcoins are making a strong showing this year.

Paypal for products is ok, not the best but ok.

Paypal for crypto is horrible.  With the world of charge backs, higher priced BTC, it just is not very good.

I suggest looking into a real exchange you can connect a bank account up to.  You will save a lot of money overtime.

paypal is also horrible with goods or products degital or physical both i have had worse experianse with paypal i dont know why montly people use it all over the world they need to change their polices other wise one day no one will sale using paypal anymore paypal is always at the buyers hand and they mostly take side of the buyer does not matter how honest the selling is
legendary
Activity: 1456
Merit: 1000
I think they are not so friendly!  I used paypal for trading a bit on LBC, and now my account is frozen.  Now they want my life history data to release MY money.  I can now see why so many people hate paypal, and I am glad that bitcoins are making a strong showing this year.

Paypal for products is ok, not the best but ok.

Paypal for crypto is horrible.  With the world of charge backs, higher priced BTC, it just is not very good.

I suggest looking into a real exchange you can connect a bank account up to.  You will save a lot of money overtime.
sr. member
Activity: 322
Merit: 250
I think they are not so friendly!  I used paypal for trading a bit on LBC, and now my account is frozen.  Now they want my life history data to release MY money.  I can now see why so many people hate paypal, and I am glad that bitcoins are making a strong showing this year.
tyz
legendary
Activity: 3346
Merit: 1530
As far as I know, when using Plus500 you do not own the Bitcoins. By doing CFD trading you only "lend" the Bitcoins for a particular time. Even Plus500 does not own the coins. This is a big risk in my opinion when the broker gets bankruptsy.
legendary
Activity: 1134
Merit: 1000
Note: If you’re looking to buy Bitcoin with Paypal or a credit card for trading purposes only check out AvaTrade or Plus500 Bitcoin CFD trading. For more information read this post. One of the biggest issues today in Bitcoin is the fact that you can’t buy it very easily. Even though Paypal has been very favourable of Bitcoin in the past 2 years, it’s still an issue to find credible places to buy Bitcoins with Paypal in 2015. Why won’t Paypal allow this ? Simple. There are numerous chargeback cases created by scammers who buy Bitcoin with Paypal from you and then claim they didn’t receive anything. This way they get to keep their money and their Bitcoins. Here’s a really simple video illustrating this:

https://99bitcoins.com/buying-bitcoins-with-paypal-a-practical-guide/

I read it before because I'm connected with Ofir (the author of this guide). To tell the truth the most usable is the first way. I'm using it since years (bought bitcoin sometimes) and it is very serious. But has a big gap. The fee that Virwox take are high and it is not recommended to buy few quantity of bitcoins. It is not worth. I haven't use local bitcoins (not to much credible and messy for me). While the third is only for USA people and I'm not a USA people.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Note: If you’re looking to buy Bitcoin with Paypal or a credit card for trading purposes only check out AvaTrade or Plus500 Bitcoin CFD trading. For more information read this post. One of the biggest issues today in Bitcoin is the fact that you can’t buy it very easily. Even though Paypal has been very favourable of Bitcoin in the past 2 years, it’s still an issue to find credible places to buy Bitcoins with Paypal in 2015. Why won’t Paypal allow this ? Simple. There are numerous chargeback cases created by scammers who buy Bitcoin with Paypal from you and then claim they didn’t receive anything. This way they get to keep their money and their Bitcoins. Here’s a really simple video illustrating this:

https://99bitcoins.com/buying-bitcoins-with-paypal-a-practical-guide/
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