Though there can be many ways but I'd recommend using local bitcoins and find someone who is nearby so you can meet face to face and then do your trade, there will be less chances of any mishap by this way.
Be cautious! Good luck.
Topic: How do you buy Bitcoins using Paypal? - page 3. (Read 2576 times)
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.
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.
You can purchase bitcoin with some guys over localbitcoins or paxful but you may end up paying way higher than market rate because bitcoin sellers will always have risk of chargebacks with paypal. I think buying bitcoin with credit cards is way cheaper and easier than using paypal.
Could you not just use a "friends & family" payment on Paypal?? I thought they were effectively non disputable (unless you pay by credit card and lodge a dispute with your card company)?
That would even things out and then both parties would be doing non-reversable transactions:
- PersonA sends Paypal F&F to Escrow
- PersonB sends BTC to Escrow (or directly to PersonA)
Once BTC TX has confirmed (to avoid double spends etc)... escrow forwards the Paypal money to Person B.
That would even things out and then both parties would be doing non-reversable transactions:
- PersonA sends Paypal F&F to Escrow
- PersonB sends BTC to Escrow (or directly to PersonA)
Once BTC TX has confirmed (to avoid double spends etc)... escrow forwards the Paypal money to Person B.
Do not forget to use escrow
with the help of escrow.
i can't really understand the usage of an escrow in a trade like this!
i mean paypal has charge back and OP wants to pay with it!
in case other party didn't deliver, he can simply charge back! and in case the other party pays and he does a charge back no escrow can help the other party out of getting scammed!
to OP using Paypal to purchase cryptocurrencies is against Paypal's terms of services and they may block your account if they find out.
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.
on top of using localbitcoins you can always check out the currency exchange board: https://bitcointalk.org/index.php?board=53.0
but don't expect to easily find someone who is willing to sell bitcoin (which has irreversible transactions) to your Paypal (which has easily reversible transactions).
but don't expect to easily find someone who is willing to sell bitcoin (which has irreversible transactions) to your Paypal (which has easily reversible transactions).
If you wanted to buy bitcoins through paypal then you can use localbitcoins site where you will find lot of options to buy bitcoins. but it is not recommended to use paypal for bitcoins as paypal blocks the account which uses bitcoins and if any problem in transaction paypal wont help you. So be carefull when you use paypal for bitcoins
I would say it is more difficult for the seller, as the buyer can do a chargeback and keep the Bitcoins.Expect to have to show a lot of documents to be able to buy Bitcoin with Paypal. They shouldn't trust you, so will want to see your passport/ID and get other verifiable information from you before selling, to reduce their chances of getting ripped off.
I guess you will have to pay a premium too.
All in all, it would be better for you to buy using almost any other method. Why do you have to use Paypal??
If you wanted to buy bitcoins through paypal then you can use localbitcoins site where you will find lot of options to buy bitcoins. but it is not recommended to use paypal for bitcoins as paypal blocks the account which uses bitcoins and if any problem in transaction paypal wont help you. So be carefull when you use paypal for bitcoins
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
Go to currency exchange section and you can find some good reputed sellers selling bitcoin for PayPal. Do not forget to use escrow and only deal with a sellers who have good positive feedback.
Well there some website that can buy bitcoins using paypal as a mode of payment also there is some of exchanger like people exchanger people to people.
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
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