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Topic: How do you buy Bitcoins using Paypal? (Read 2588 times)

sr. member
Activity: 632
Merit: 250
May 26, 2017, 11:54:09 PM
#51
As few users have already suggested localbitcoins is the best way to buy bitcoin using PayPal. In localbitcoins you could find different traders accepting different methods of payment which is not available with other exchanges. Other than that you could find threads stating bitcoin for PayPal in the currency exchange section. Here you need to contact the person and make the purchase with the help of escrow.
Local bitcoin is way better to buy because it is much trusted and been used by your locals people. And you could also start trading because people and transaction is needed if you want to buy bitcoin. So it make take an easy investment just make sure to chose the proper wallet and as a form of wallet paypal is just like other wallet where there is transaction and fee if you are going to buy bitcoin. So for me its better to start on considering to have a source of bitcoin which can be find in signature campaign in the forum so it will not be so hard for you to find bitcoin or to have a bitcoin capital for your investment and tradings.
In my opinion the last already and me any platform starts to accept Bitcoin or other crypto currency, so even such a payment system as PayPal is no exception. I have already faced the fact that today it is normal to use both the crypto currency and real money without PayPal as without Bitcoin it is very difficult to do.
sr. member
Activity: 966
Merit: 274
As few users have already suggested localbitcoins is the best way to buy bitcoin using PayPal. In localbitcoins you could find different traders accepting different methods of payment which is not available with other exchanges. Other than that you could find threads stating bitcoin for PayPal in the currency exchange section. Here you need to contact the person and make the purchase with the help of escrow.
Local bitcoin is way better to buy because it is much trusted and been used by your locals people. And you could also start trading because people and transaction is needed if you want to buy bitcoin. So it make take an easy investment just make sure to chose the proper wallet and as a form of wallet paypal is just like other wallet where there is transaction and fee if you are going to buy bitcoin. So for me its better to start on considering to have a source of bitcoin which can be find in signature campaign in the forum so it will not be so hard for you to find bitcoin or to have a bitcoin capital for your investment and tradings.
jr. member
Activity: 56
Merit: 10
Last year the process was so annoying and the fees were so high that I simply decided not to use this method. Not sure if things have improved though.
hero member
Activity: 868
Merit: 500
There are some traders working with paypal, but they wont take the risk to sell the bitcoins to anybody, and its clear because refund can happen anytime, there is now payza that is allowing to buy soo would be better exchange to payza and those way you can buy bitcoins, paypal doesnt support exchange neither crypto, soo there is always a risk to get funds blocked.
hero member
Activity: 3038
Merit: 634
I tried to sell my PayPal funds for bitcoins.

And the website I did used is virwox.com
Did it work?

Yes it did worked but the amount I was expecting is not accurate. I'm not aware that they have higher fees than others.

I guess it's better to transact with some trusted PP>BTC traders here on forum rather than using virwox.

You need to buy first SLL before you can fully convert it to btc / usd.
jr. member
Activity: 60
Merit: 2
I tried to sell my PayPal funds for bitcoins.

And the website I did used is virwox.com
Did it work?
sr. member
Activity: 714
Merit: 252
How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal

You will have to look for an exchanger site which you trust. Exchangers are made for the same thing you talking about, to exchange your money from on currency to any currency AND from one wallet to other wallet! There are plenty of them out there which can do the job in few minutes to few hours. They will incur little fees but it is worth it.  Smiley
newbie
Activity: 46
Merit: 0
Quote
There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc.

I can comfirm, I had my first bits of BTC that way.   Good to test and play with few € but definitely not for big amount.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc.

Virwox's fee is crazily too low and they've got high percentage so I stopped using them. I used them once but I stopped. Today, I don't have PayPal funds anymore as I stopped my freelance job that is being paid through PayPal. If you want to have assurance try to go at the currency exchange there are legit and trusted members here you can talk to.
legendary
Activity: 2562
Merit: 1441
There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc.
sr. member
Activity: 770
Merit: 254
Here's how to do it: trade PayPal for some other form of value and then trade that easily with a trusted member on he forum.

Absolutely never do it directly.  PayPal is reversible, so everyone will think you're a scammer and charge huge fees.

It's also against PayPal's ToS now, I think.
That is correct.
Currency exchange is prohibited, it's clearly stated in their ToS.
OP is newbie and asking how to buy bitcoins with paypal. Does it sound familiar?  Roll Eyes
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal

There could be some websites that are accepting paypal credits for buying bitcoin but I am not sure and i don't even know if the said service or platform is trustworthy . Aside from that you can also try to find some people on social media like facebook who are exchanging their bitcoin for paypal credit hopefully it can help you . But of course beware of those scammers .
hero member
Activity: 756
Merit: 500
some sellers in my country accept paypal for Bitcoin. Therefore, it is very easy to buy Bitcoin with paypal. However, I suggest not to use paypal because you will find that it is hard for sellers to accept paypal because Paypal money can easily be revoked by the buyers

Wow, that's quite profitable for your country. Because by accepting paypal for bitcoin, the seller indirectly promote bitcoin in your country, just one thing to do is to give you the best information and in accordance with the circumstances that exist. Because all profits derived from the right information, in the absence of appropriate information will all be. For that task you just give the best information so that the growth in the bitcoin in your country is so large and good
 
sr. member
Activity: 470
Merit: 260
Community Lead at Bitcoin Air
You can exchange you bitcoin to Paypal from Different of site or you also do this with some people but be careful firstly check his rank if his rank was full member or up then deal with him and secondly check his trust rating if its perfect then deal with him but you also take an escrew it's a batter way to deal with someone.
hero member
Activity: 3038
Merit: 634
I tried to sell my PayPal funds for bitcoins.

And the website I did used is virwox.com
hero member
Activity: 756
Merit: 505
Not really possible anymore, most people who sold using paypal got chargeback and usually the scammers won on this kinds of deal with paypal. So I guess most systems do not accept paypal anymore because of this. You can try people here. But I doubt people will be willing to sell to buyers without trust.
hero member
Activity: 1176
Merit: 501
Apart from the aforementioned Localbitcoins or Paxful there are some exchange that allow you to buy bitcoin with paypal like Cryptonit.
full member
Activity: 273
Merit: 101
paxful is the best place for me to buy bitcoin, there is canadian guy on paxful with 2000++ green trust, you can buy from him .
legendary
Activity: 938
Merit: 1002
How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
I guess your best bet would be to buy it through coinbase. The site has been around for so long that you will not have any problems. Many people have used it so there is no chance of loosing money. You can use paypal or any credit card there to buy bitcoin and can get as much as you want. The fees are very low too which is good.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
its actually very easy and you have two options on how to but some bitcoins using this method
(i) if you want come cheaper bitcoins you can provide some form of identification to prove you are the owner of the account used on an exchange like paxful or localbitcoins or get them at a premium without id

(ii) you can use the currency exchange section for this transaction here on the forum--->https://bitcointalk.org/index.php?board=53.0 but most exchangers will be conscious with who the trade with.

Most of the members here and other places too will not accept Paypal in exchange of BTC as scamming using Paypal is too common these days and once the bitcoin is reached its destination and got some confirmation, Paypal can chargeback and scam the other guy. Its better to do a bank transfer or CC buying in your local store.
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