Another one of my old topics that was loved a lot.
Locking on 16th Aug 2018 with 30749 views @ 23:10
Topic: GUIDE : How to use PAYPAL or INDIAN CREDIT and DEBIT CARDS to purchase Bitcoins (Read 30905 times)
August 16, 2018, 12:42:59 PM
November 29, 2013, 12:57:16 AM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
ONE MAJOR flaw in your workaround.
That major flaw is why I initially offered my services anyway.
Liqpay or other processors based on liqpay & interkassa servers only accept MASTERCARD credit cards outside the CIS countries.
How do I know this ? well there's a difference between figuring out & trying it out, and trust me I've been on both sides.
To top it off, liqpay servers dont work with Indian mobile carriers - not on the first go atleast - and even after the 'test' correction its easy to lose money to the system lag, which I faced and had $250 stuck in their system which they took 7 days to refund. So not really efficient.
I have talked with liqpay admins themselves, they arent really interested in extending their services beyond the CIS countries, not because they dont want it, but because they cant.
With all that said. I'd still say KROGYAN is a better option to buy coins from.
Yup legendster, you are correct about the VISA and MASTERCARD difference, I just lurk....I have been around for a long time since before the first bubble...done my fair share of talking.....cheers
-------
EDIT : I havent used the VISA Card method, though I have bought using MasterCard via Liqpay on btc-e. Has been smooth for small amounts. if you try a large amount then there could be issues, as happened to my first large amount, but was sorted, BTC price rose almost 50% in the meantime. hehe..
How long did it take ? My 1st 2 large amounts were smooth with them.
All below 250$ transactions were fast. But when I tried a 1400$ transaction, they blocked it and sent a request to HDFC Chennai for verification. Since HDFC does not send verification like that. Liqpay returned the funds to my card. It took atleast 2 weeks I think to sort it out, in my case. But this was pretty long ago. Like I said, I did make a loss, ie the price rose from 6$ to 11$ approximately within that time frame, so almost a 50% loss. In present cases that is almost intolerable.
cheers
Well I was lucky, my big transactions were definitely well beyond $250. But then again, I didnt buy in the recent times & you are right, any delay in recent times would mean HUGE losses. But our local traders are ahem ahem a bit 'egoistic'.
November 29, 2013, 12:03:09 AM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
ONE MAJOR flaw in your workaround.
That major flaw is why I initially offered my services anyway.
Liqpay or other processors based on liqpay & interkassa servers only accept MASTERCARD credit cards outside the CIS countries.
How do I know this ? well there's a difference between figuring out & trying it out, and trust me I've been on both sides.
To top it off, liqpay servers dont work with Indian mobile carriers - not on the first go atleast - and even after the 'test' correction its easy to lose money to the system lag, which I faced and had $250 stuck in their system which they took 7 days to refund. So not really efficient.
I have talked with liqpay admins themselves, they arent really interested in extending their services beyond the CIS countries, not because they dont want it, but because they cant.
With all that said. I'd still say KROGYAN is a better option to buy coins from.
Yup legendster, you are correct about the VISA and MASTERCARD difference, I just lurk....I have been around for a long time since before the first bubble...done my fair share of talking.....cheers
-------
EDIT : I havent used the VISA Card method, though I have bought using MasterCard via Liqpay on btc-e. Has been smooth for small amounts. if you try a large amount then there could be issues, as happened to my first large amount, but was sorted, BTC price rose almost 50% in the meantime. hehe..
How long did it take ? My 1st 2 large amounts were smooth with them.
All below 250$ transactions were fast. But when I tried a 1400$ transaction, they blocked it and sent a request to HDFC Chennai for verification. Since HDFC does not send verification like that. Liqpay returned the funds to my card. It took atleast 2 weeks I think to sort it out, in my case. But this was pretty long ago. Like I said, I did make a loss, ie the price rose from 6$ to 11$ approximately within that time frame, so almost a 50% loss. In present cases that is almost intolerable.
cheers
November 28, 2013, 10:09:46 PM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
ONE MAJOR flaw in your workaround.
That major flaw is why I initially offered my services anyway.
Liqpay or other processors based on liqpay & interkassa servers only accept MASTERCARD credit cards outside the CIS countries.
How do I know this ? well there's a difference between figuring out & trying it out, and trust me I've been on both sides.
To top it off, liqpay servers dont work with Indian mobile carriers - not on the first go atleast - and even after the 'test' correction its easy to lose money to the system lag, which I faced and had $250 stuck in their system which they took 7 days to refund. So not really efficient.
I have talked with liqpay admins themselves, they arent really interested in extending their services beyond the CIS countries, not because they dont want it, but because they cant.
With all that said. I'd still say KROGYAN is a better option to buy coins from.
Yup legendster, you are correct about the VISA and MASTERCARD difference, I just lurk....I have been around for a long time since before the first bubble...done my fair share of talking.....cheers
-------
EDIT : I havent used the VISA Card method, though I have bought using MasterCard via Liqpay on btc-e. Has been smooth for small amounts. if you try a large amount then there could be issues, as happened to my first large amount, but was sorted, BTC price rose almost 50% in the meantime. hehe..
How long did it take ? My 1st 2 large amounts were smooth with them.
November 28, 2013, 05:20:05 AM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
ONE MAJOR flaw in your workaround.
That major flaw is why I initially offered my services anyway.
Liqpay or other processors based on liqpay & interkassa servers only accept MASTERCARD credit cards outside the CIS countries.
How do I know this ? well there's a difference between figuring out & trying it out, and trust me I've been on both sides.
To top it off, liqpay servers dont work with Indian mobile carriers - not on the first go atleast - and even after the 'test' correction its easy to lose money to the system lag, which I faced and had $250 stuck in their system which they took 7 days to refund. So not really efficient.
I have talked with liqpay admins themselves, they arent really interested in extending their services beyond the CIS countries, not because they dont want it, but because they cant.
With all that said. I'd still say KROGYAN is a better option to buy coins from.
Yup legendster, you are correct about the VISA and MASTERCARD difference, I just lurk....I have been around for a long time since before the first bubble...done my fair share of talking.....cheers
-------
EDIT : I havent used the VISA Card method, though I have bought using MasterCard via Liqpay on btc-e. Has been smooth for small amounts. if you try a large amount then there could be issues, as happened to my first large amount, but was sorted, BTC price rose almost 50% in the meantime. hehe..
November 27, 2013, 07:22:31 PM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
ONE MAJOR flaw in your workaround.
That major flaw is why I initially offered my services anyway.
Liqpay or other processors based on liqpay & interkassa servers only accept MASTERCARD credit cards outside the CIS countries.
How do I know this ? well there's a difference between figuring out & trying it out, and trust me I've been on both sides.
To top it off, liqpay servers dont work with Indian mobile carriers - not on the first go atleast - and even after the 'test' correction its easy to lose money to the system lag, which I faced and had $250 stuck in their system which they took 7 days to refund. So not really efficient.
I have talked with liqpay admins themselves, they arent really interested in extending their services beyond the CIS countries, not because they dont want it, but because they cant.
With all that said. I'd still say KROGYAN is a better option to buy coins from.
November 27, 2013, 06:26:43 AM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
sorry just read the OP NOW....
November 27, 2013, 06:24:39 AM
Simplest Method, I could figure out......Used it long ago.
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
Create Virtual Visa Card at Entropay and load using your Debit Card / credit Card etc. ( Instant online webcam card verification )
about 5%.
Putting money via Wire transfer takes lesser fees though.
Now goto BTC-E , deposit liqpay direct or goto 24change and get it deposited to btc-e
Buy Chepaer than the average of all the 4 main exchanges.
..............................................
I trust btc-e a lot. I made a transfer of 1400$ back when the price was 6$ to buy in, the transaction had some issue and had a lot of chats with btc-e and liqpay etc. The issue got sorted out, they refunded me back to my card directly.
The only loss was the price rise to 12$ by the time I got the money back into btc-e.
..............................................
cheers
November 22, 2013, 03:26:07 AM
legend - you currently selling bitcoins ?
Yup November 21, 2013, 09:26:41 PM
legend - you currently selling bitcoins ?
November 18, 2013, 06:10:36 AM
I bought some BTC with my credit card from virwox one week ago and withrawed.It took 48 hours for the first time as my account was totally new.Again I have bought some BTC today and this time the withrawal is immediate.No second life account is required for withrawal.I havn't used paypal too.Just went to credit/debit card option and bought SLL then BTC,it was processed through skrill.Biut the price is exorbitantly high,I paid $105 today and got BTC worth $76 only.Good for long term investment but not at all for trading.
Exactly. Good for long term.
Virwox has weird rules and issues regarding the withdrawal system and not always reliable. The rates are extraordinarily high and hence I myself provide better rates.
November 18, 2013, 03:04:00 AM
I bought some BTC with my credit card from virwox one week ago and withrawed.It took 48 hours for the first time as my account was totally new.Again I have bought some BTC today and this time the withrawal is immediate.No second life account is required for withrawal.I havn't used paypal too.Just went to credit/debit card option and bought SLL then BTC,it was processed through skrill.Biut the price is exorbitantly high,I paid $105 today and got BTC worth $76 only.Good for long term investment but not at all for trading.
April 20, 2013, 08:50:45 PM
There is a new way (still expensive) to purchase btc with plastic:
Buy gift card here:
https://www.jagoo.net/card/7
Redeem gift card for btc:
https://www.giftcoins.me/ (btc rate is difficult to see on the top right)
Someone's experience with the process:
http://www.reddit.com/r/BetterBitcoinBureau/comments/1codzt/giftcoins_bitcoin_gift_card_review_thread/
Probably only worthwhile if someone has used up their Virwox monthly limits.
Edit:
I redeemed a 15 $ card, cost of the card was 18 usd after charges but the actual amount transacted was 14 usd not 15 usd which got 0.10029 btc when the price on the site was 139 usd/btc (gox @ 119 usd.) The site is ok for a quick purchase (the code verification takes about 5 minutes during which the redeem button doesn't work) but Virwox limit orders are better for someone willing to wait for price drops.
Buy gift card here:
https://www.jagoo.net/card/7
Redeem gift card for btc:
https://www.giftcoins.me/ (btc rate is difficult to see on the top right)
Someone's experience with the process:
http://www.reddit.com/r/BetterBitcoinBureau/comments/1codzt/giftcoins_bitcoin_gift_card_review_thread/
Probably only worthwhile if someone has used up their Virwox monthly limits.
Edit:
I redeemed a 15 $ card, cost of the card was 18 usd after charges but the actual amount transacted was 14 usd not 15 usd which got 0.10029 btc when the price on the site was 139 usd/btc (gox @ 119 usd.) The site is ok for a quick purchase (the code verification takes about 5 minutes during which the redeem button doesn't work) but Virwox limit orders are better for someone willing to wait for price drops.
Thanks for sharing, I still remain the cheapest way for us Indians to buy
After 29th I might be able to introduce rates at 10%+ Btce rates.
April 20, 2013, 02:32:14 AM
There is a new way (still expensive) to purchase btc with plastic:
Buy gift card here:
https://www.jagoo.net/card/7
Redeem gift card for btc:
https://www.giftcoins.me/ (btc rate is difficult to see on the top right)
Someone's experience with the process:
http://www.reddit.com/r/BetterBitcoinBureau/comments/1codzt/giftcoins_bitcoin_gift_card_review_thread/
Probably only worthwhile if someone has used up their Virwox monthly limits.
Edit:
I redeemed a 15 $ card, cost of the card was 18 usd after charges but the actual amount transacted was 14 usd not 15 usd which got 0.10029 btc when the price on the site was 139 usd/btc (gox @ 119 usd.) The site is ok for a quick purchase (the code verification takes about 5 minutes during which the redeem button doesn't work) but Virwox limit orders are better for someone willing to wait for price drops.
Buy gift card here:
https://www.jagoo.net/card/7
Redeem gift card for btc:
https://www.giftcoins.me/ (btc rate is difficult to see on the top right)
Someone's experience with the process:
http://www.reddit.com/r/BetterBitcoinBureau/comments/1codzt/giftcoins_bitcoin_gift_card_review_thread/
Probably only worthwhile if someone has used up their Virwox monthly limits.
Edit:
I redeemed a 15 $ card, cost of the card was 18 usd after charges but the actual amount transacted was 14 usd not 15 usd which got 0.10029 btc when the price on the site was 139 usd/btc (gox @ 119 usd.) The site is ok for a quick purchase (the code verification takes about 5 minutes during which the redeem button doesn't work) but Virwox limit orders are better for someone willing to wait for price drops.
April 17, 2013, 05:02:58 AM
what are the charges to buy from there?
When Gox goes $60 its still costs around $90 at Viwox :/
But From coming week I should be able to regularly provide good rates and steady service and I can say there would be only 2 places online that'll sell cheaper than me, 1: Gox 2: btc-e I will sell at +14% ~ 12% (Its my rough estimate but the internet's too big to guarantee anything)
April 17, 2013, 12:35:25 AM
what are the charges to buy from there?
April 17, 2013, 12:25:41 AM
I dont think its necessary to download the game and stuff. You can just buy Bitcoins directly from Virwox through paypal. But to do this all you have to do is purchase SLL and then convert it to BTC. Thats how I did it..
April 16, 2013, 05:10:25 PM
So probably this verification is for transferring your SLL money to the game maybe.. So unless we need that I THINK we can get away with it.
Yes, you are right. Verification is ONLY needed if you wish to use the SLL within the game.
Thanks for confirming !
April 16, 2013, 05:09:35 PM
Did my second transaction to capitalize on the dip to 55.
Apparently, Virwox has a 45-50 usd hike over gox rates after all their transaction fees are accounted. When gox was at 70, I effectively traded at 120 usd (my first trade on virwox was when gox was at 100 and my trades on virwox ended up being priced at 147 usd/btc after charges.)
Apparently, Virwox has a 45-50 usd hike over gox rates after all their transaction fees are accounted. When gox was at 70, I effectively traded at 120 usd (my first trade on virwox was when gox was at 100 and my trades on virwox ended up being priced at 147 usd/btc after charges.)
Yes I know, use the Limit Market to minimize this.
I was able to buy at 18500 SLL per BTC today.
April 15, 2013, 11:31:36 PM
Did my second transaction to capitalize on the dip to 55.
Apparently, Virwox has a 45-50 usd hike over gox rates after all their transaction fees are accounted. When gox was at 70, I effectively traded at 120 usd (my first trade on virwox was when gox was at 100 and my trades on virwox ended up being priced at 147 usd/btc after charges.)
Apparently, Virwox has a 45-50 usd hike over gox rates after all their transaction fees are accounted. When gox was at 70, I effectively traded at 120 usd (my first trade on virwox was when gox was at 100 and my trades on virwox ended up being priced at 147 usd/btc after charges.)
Jump to: