Topic: Buying bitcoin with PayPal payment - page 2. (Read 496 times)
LocalBitcoins is by far the safest method to buy Bitcoin with PayPal. When you initiate a purchase, they hold your BTC in escrow until both parties have completed the transfer. This way you don’t get scammed as the seller’s BTC is already removed from their account so they can’t just run away with your money.
Guys, we have recently launched an option in Raison.ai to buy BTC/ETC with depositing from PayPal. Currently it is available and works great in mobile web app at https://m.raison.ai. We would like to know what is the demand for such service - PayPal->BTC. Could it be useful for you?
I think no. I would just rather use bank as third party to convert my paypal balance to Bitcoin. Once I have my money from paypal to bank, I can buy BTC to local exchange that is number one in my country. This is something for me is secured so that I won't worry much specially when the money I need to convert is very valuable for me. 
I just visited your site and jump into your Terms and Conditions page. It is required to do ID verification to use your service, this one will be the first thing that makes you lose interest from users who want to use service. There are many people dealing with Paypal-BTC or vice versa at the Exchange board, they do it peer to peer and they do not need to do KYC. So I believe people will prefer to do peer to peer exchange instead of using your site that requires KYC.
That's true because of some people now avoiding to do a Kyc not because they are abuser or what it's because some of are vigilant to steal their identity because of that KYC. Even me I will choose a peer to peer exchange because it's more convenient for me. 
Ain't know what is the point of using Paypal to buy BTC/ETC. Paypal is one of the notorious offenders of bitcoin and I really think there's something you need to fix with this service.
Ain't also see the people who would benefit with this service but I am not yet sure about it. Maybe there are a group of people who would consider this but I am definitely not one of them. Paypal is a Financial Technology that is almost in the middle of fiat and cryptocurrency and it is different. Also, not bad for the user's security you got there at your terms and conditions page. Not bad mate!
Ain't also see the people who would benefit with this service but I am not yet sure about it. Maybe there are a group of people who would consider this but I am definitely not one of them. Paypal is a Financial Technology that is almost in the middle of fiat and cryptocurrency and it is different. Also, not bad for the user's security you got there at your terms and conditions page. Not bad mate!
Currently, it is available and works great in mobile web app at https://m.raison.ai
Although I believe that the direct exchange between Paypal and USD can only be via an intermediate currency there are some points that stopped me on this page ----> https://m.raison.ai/about/terms:- Wallet: you say that your service offers a wallet while withdrawals are only done through a third party 'your server" and not the user.
- bank transfer: The text says on a bank transfer and not PayPal?
- There is no mention of the conversion between PayPal and BTC with a blur in a lot of information.
Quote from: https://m.raison.ai/about/terms
5.4. Withdrawals. Raison will perform withdrawals of your funds, upon an application for withdrawal made via the Raison Wallet. Upon Raison receiving an instruction from you to withdraw funds from your Account, we shall pay the said amount within 5 (five) Business Days, if the following requirements are met:
Guys, we have recently launched an option in Raison.ai to buy BTC/ETC with depositing from PayPal. Currently it is available and works great in mobile web app at https://m.raison.ai. We would like to know what is the demand for such service - PayPal->BTC. Could it be useful for you?
It is definitely very helpful for me. I usually use Paypal to pay some of the costs. and I put money in paypal account quite a lot. If they can make transactions from fiat money to BTC at paypal, I will be very happy. Because I don't need to deposit money on domestic exchanges to buy BTC anymore, it's quite time consuming for me. 
Guys, we have recently launched an option in Raison.ai to buy BTC/ETC with depositing from PayPal. Currently it is available and works great in mobile web app at https://m.raison.ai. We would like to know what is the demand for such service - PayPal->BTC. Could it be useful for you?
I find it more convenient yet risky at the same time. We all know that Paypal is hackable these days. There's frequent traffic in Paypal transactions and the fee is actually higher than usual. However, it would be another way for us to transact faster if we're willing to take the risks.
Guys, we have recently launched an option in Raison.ai to buy BTC/ETC with depositing from PayPal. Currently it is available and works great in mobile web app at https://m.raison.ai. We would like to know what is the demand for such service - PayPal->BTC. Could it be useful for you?
I just see using PayPal as an additional fees burden placed on one because PayPal also charges certain percentage per transaction to make use of their services, in the case of paying for goods, receiver could decide to bear the cost or the sender, but in this case, the sender will have to bear the burden, you will see pay for exchanges fee on that transaction too and if you are to trade with the money, you still pay additional trading fee again, aren’t these a little bit too high when one is not sure of the profit you can get on that transaction, except such transaction is juts for payment and not for investment, the sender can decide to overlook the charges.
I think the demand for this kind of service is very high because there are a very few websites that offer this kind of feature and that's because PayPal and Bitcoin don't work very well together. First of all PayPal doesn't like bitcoin so of they found anything that could relate your transaction to bitcoin they could freeze your funds. The second thig you should be aware of is that PayPal has reversible transactions so dealing with clients will be a pain in the arse because you are offering them bitcoin which you cannot recover at all cost but they offer you PayPal funds which could easily be recovered because you cannot offer PayPal any proof of your services since that would only lead to blocking your account and freezing your funds.
Yes that sounds good for paypal loyal users but I'm not a paypal user because I'm a little bad after a problem that happened in the past, it's not a good alternative but a very good choice is to buy directly on a large exchange without finding a problem, I recommend not using it as a tool for buying Bitcoin, choose another method that is more certain of security.
Not many people will even go buy PayPal option, they have already created back record in the mind of some people with their too strict policy, they don’t even allow some countries to make use of their system because fraudulent transaction they claim is being done through their platform.I am just eagerly waiting for the day, all ecommerce sites will integrate crypto into their platform as alternative payment method which I believe will surely make PayPal become very less used and gradually become irrelevant and I am sure they will also be doing their possible best to align in the same way other have done with cryptocurrency adoption.
We would like to know what is the demand for such service - PayPal->BTC.
there is a lot of demand and you will have to deal with a lot of competition
https://www.bestchange.com/bitcoin-to-paypal-usd.html
Could it be useful for you?
of course is something very useful, but for a new service and without many positive feedbacks it will be very difficult to have many customers in a short time. I suggest you create an ANN Thread here in the forum so that you can win the confidence of the people
Guys, we have recently launched an option in Raison.ai to buy BTC/ETC with depositing from PayPal. Currently it is available and works great in mobile web app at https://m.raison.ai. We would like to know what is the demand for such service - PayPal->BTC. Could it be useful for you?
but in this method we need to be more careful about changing the money from one thing to other because Bitcoin and paypal is also had heat differences so if it was will come. The demand will always make the payment method to be more so it is also possible to be successful. 
I'm afraid that this method of buying bitcoin will be ignored knowing that there are cases in which PayPal blocks the accounts of people whom they think were dealing with bitcoin, especially when they know that it's an exchange these people are dealing with. I hate to break it with you but sadly, there's no demand for this, especially on a centralized service/exchange, not unless you want to deal with your personal account and that's fine by the books and less risky, too.
Buying Bitcoin is different from other investment so if it was revolving it need lots of way of investment so I think this way also one of the good thing to develop that payment method but it need more explanation and good way of teaching.
It would be very convenient for me to buy bitcoin via my paypal account but I am afraid that Scamming is going to be rampant. I would prefer the traditional way via exchanges or other ways that I can use my bank account for that instead of risking my money via Paypal. And also as far as I know paypal doesn't like cryptos so we don't need their services in our ecosystem.
Maybe you can try to offers to other people who often use Paypal, and you can see what will they said about your services. I have a bit worried to buy or sell bitcoin with Paypal because Paypal is not yet approved bitcoin and I don't know what they will do with your services.
Besides that, I worry about the fee to convert from bitcoin to Paypal because I heard that the fee would be too high comparing if we send it to the third-party services, but I never try it before.
Besides that, I worry about the fee to convert from bitcoin to Paypal because I heard that the fee would be too high comparing if we send it to the third-party services, but I never try it before.
I don't that there is a demand for this. Paypal is really strict when it comes to cryptocurrency. There are reputable people here who trade bitcoin to PayPal and vice versa. I think it's much easier to do a transaction than going to your site.
I'm not sure if PayPal company will accept Bitcoin as a payment through other Bitcoin retellers of related with crypto. But one thing that I sure when you are buying Bitcoin from your PayPal one your friend or in other people.
I don't usually trust newly launch of and popup company especially newly company that not gaining trust.
I don't usually trust newly launch of and popup company especially newly company that not gaining trust.
Yes that sounds good for paypal loyal users but I'm not a paypal user because I'm a little bad after a problem that happened in the past, it's not a good alternative but a very good choice is to buy directly on a large exchange without finding a problem, I recommend not using it as a tool for buying Bitcoin, choose another method that is more certain of security.
Any experience with this service or other services that are trustworthy?
Why not try here in the forum to buy Bitcoin using your PayPal. But always deal with trustworthy people or using escrow service in every transaction. Visit here if you want. Currency exchange Jump to: