Author

Topic: Buying BTC with Paypal (Read 630 times)

full member
Activity: 219
Merit: 100
January 26, 2015, 03:55:15 AM
#4
localbitcoins, but the price is more +10% than the markets  Undecided
legendary
Activity: 812
Merit: 1002
January 26, 2015, 03:41:49 AM
#3
Paypal rates widely varies from trader to trader. Somewhere between 0% to 20%. Don't expect to easily get transactions if you don't have strong trade history when it comes to paypal.

If you want the other person to receive paypal funds, a method that wouldn't require as much trust would be to go buy a paypal MyCash with cash, then give the PIN to the seller. The PIN is used to load funds on the seller's paypal account. Less likely to be reversed this way.
copper member
Activity: 2996
Merit: 2374
January 26, 2015, 03:32:16 AM
#2
You generally need to be very trustrd to buy Bitcoin with PayPal. Plus 5 percent should be enough however you probably won't be able to buy large amounts.
hero member
Activity: 908
Merit: 657
January 26, 2015, 02:53:01 AM
#1
Wasn't sure if this was the right section to post this.

Anyway, I have no experience with buying BTC for Paypal, but might be looking to do so in the near future. I was wondering what % above the exchange rate I would need to buy at, I was hoping to pay no more than +5% or so. Is this a reasonable expectation or will I have trouble finding legitimate sellers at a price like this?
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