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Topic: How to buy Bitcoins with PayPal? - page 3. (Read 4317 times)

legendary
Activity: 1148
Merit: 1000
February 23, 2015, 01:19:48 AM
#11
I used Virwox extensively when I first got into crypto in 2013, they do have insane fees but those only apply to newbie accounts, the more you use their service, the less you pay in fees. So on your 5th deposit for example, you'll be paying a lot less. The only thing is if you don't use them for a long enough period, your privileges are reset and you start paying insane fees again Cheesy
They are the safest out there though when it comes to buying with PayPal.
These days I'm using Circle and I'm 100% happy with their service, I would definitely recommend them over Virwox if using a Visa or Mastercard is an option for you.
legendary
Activity: 1162
Merit: 1001
February 22, 2015, 10:40:45 PM
#10
PayPal for BTC carries way too much risk. Virwox is a choice but high fees and limited amount
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
February 22, 2015, 08:32:10 PM
#9
Even though I am against paypal as a whole, if you absolutely NEED to use paypal to btc, make a new account not tied to anything important, escrow until the btc is in cash out of an ATM, then if you get chargebacked abandon the account. Someone else state this in another thread but I felt the need to remind it here.
sr. member
Activity: 476
Merit: 250
The big fish
February 22, 2015, 08:21:31 PM
#8
i bought BTC here, you can find trusted user service
https://bitcointalk.org/index.php?board=53.0
hero member
Activity: 910
Merit: 1000
February 22, 2015, 06:09:53 PM
#7
Not sure that you could escrow paypal since the waiting period would be at 14 days or a month.
newbie
Activity: 14
Merit: 0
February 22, 2015, 06:00:05 PM
#6
Is there any way I can guarantee the other person in the trade that I can not charge back?

I read something about PayPal notes in the past where you had to go first + write a note that you have received the item without actually having received it. Does anyone know more about this?

EDIT: This would of course be done with escrow, but I have no idea how escrow works with Bitcoins. Also, thanks for the replies!
full member
Activity: 350
Merit: 158
#takeminingback
February 22, 2015, 05:49:52 PM
#5
Virwox is about the only PayPal friendly site. They also take Debit as well, so you could save a LITTLE there.
I wanted to try LocalBitcoins  but I don't wanna pay $300 for a $240 Bitcoin---That's even worse than Virwox!!!
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
February 22, 2015, 05:29:45 PM
#4
I would recommend NOT using paypal at all, buying or selling. So many issues with paypal and their ToS, as well as the charge-back scams. Using paypal quite regularely on localbitcoins as a seller of btc, I have been charge backed about 25% of the time and even with a large percentage of profit from paypal to btc, its still not worth getting charge backed 1/4 of the time.
newbie
Activity: 14
Merit: 0
February 22, 2015, 05:09:19 PM
#3
There are a few people offering Bitcoins at around 300 $ at localbitcoins but unfortunately none at the current market price...

Yeah I suppose the best would be to withdraw the money and use wire transfer but it is quite a hassle and my PayPal is not connected to my bank either.
hero member
Activity: 868
Merit: 1000
February 22, 2015, 04:47:22 PM
#2
Hi I'm new to Bitcoin and I've been looking around on the internet on how to buy Bitcoins with my PayPal account. So far the only website that seems to offer this is Virwox and they have insane fees (15%  Shocked).

Does anyone have experience with buying Bitcoins with PayPal? I'd greatly appreciate any help.

You may try localbitcoins, but it is unlikely for you to find someone to take paypal from a new account because of chargeback risk.

If I were you, I would just withdraw the paypal balance, and buy bitcoin with cash / bank transfer on localbitcoins. Don't forget to check the seller's feedback score first before paying.
newbie
Activity: 14
Merit: 0
February 22, 2015, 04:41:50 PM
#1
Hi I'm new to Bitcoin and I've been looking around on the internet on how to buy Bitcoins with my PayPal account. So far the only website that seems to offer this is Virwox and they have insane fees (15%  Shocked).

Does anyone have experience with buying Bitcoins with PayPal? I'd greatly appreciate any help.
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