Author

Topic: [CLOSED] Buying Bitcoins for Paypal (Read 782 times)

sr. member
Activity: 280
Merit: 250
February 19, 2013, 11:02:20 PM
#7
Just a friendly PSA

Stickied at the top of currency exchange forum for almost a year now and for good reason


Beware of PayPal and other reversible transfer services
 


Definitely good to read. The built in escrow on Bitmit is great but there are always risks.

This is just the best way for me to buy bitcoins until my mtgox account is verified. And with over $1000 USD sent so far, some sellers definitely prefer the quick money.
donator
Activity: 1218
Merit: 1079
Gerald Davis
February 19, 2013, 10:53:32 PM
#6
Just a friendly PSA

Stickied at the top of currency exchange forum for almost a year now and for good reason


Beware of PayPal and other reversible transfer services
 

Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.

This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.

Some other services that are not totally safe:
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
sr. member
Activity: 280
Merit: 250
February 19, 2013, 10:31:31 PM
#5
I can't vouch for it as I haven't tried it, but this site claims to sell BTC for paypal http://bitanomaly.com/ - could also be a scam.. anyone used it?

They add $2 to the market price, so $31 right now.
It could be legitimate, but I feel like it needs a feedback system and to post the current stock. 
newbie
Activity: 35
Merit: 0
February 19, 2013, 10:09:29 PM
#4
I can't vouch for it as I haven't tried it, but this site claims to sell BTC for paypal http://bitanomaly.com/ - could also be a scam.. anyone used it?
sr. member
Activity: 280
Merit: 250
February 19, 2013, 08:30:12 PM
#3
The exchange rate seems a bit high but I'll definitely look into it.

Still buying!
hero member
Activity: 826
Merit: 500
February 19, 2013, 05:13:10 PM
#2
maybe check the link in my sig if you need greater amounts fast!
sr. member
Activity: 280
Merit: 250
February 19, 2013, 04:08:35 PM
#1
Hey guys, I'm buying bitcoins via a verified Paypal account. They will be sent as a gift (unless there is another sending method you prefer).

Receive your money in 2 hours or less; escrow is used to assure a fair trade.
Cheapest and fastest rate on bitmit.
Only positive feedback on my account, you can buy them at the following link:

[link removed]

If you have any questions let me know!
Jump to: