Is it possible to buy bitcoins by paypal? - page 6.

hermanhs09

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Quote from: frycek on February 29, 2016, 01:56:57 PM

Hello,

I want to as is it possible to buy bitcoins by paypal and don't get ban from them?

I have to charge my faucet but I don't have bitcoins to do it and I stuck ;/

I've bought btc with paypal a few times and it always happened smoothly. Try https://paxful.com/ .. They have escrow and of course i've traded it like 5times. Oh yeah, and its almost instant if you are trading with an online trader Grin

romero121

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Quote from: Bitcoinbro on June 03, 2016, 12:02:41 AM

It is possible but like many already said buying them with localbitcoins is way better due to the fact that its a lot more safe than doing it with a trader on paypal.

It provides the secured transaction along with the escrow. So whether its PayPal or bank transfer localbitcoins provide the trading support.

Superbitzz

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i have no such an idea.actually i have never use paypal. may be possible. but i think paypal is some thing regional and universal therefore people my not like to use paypal for bitcoin

Bitcoinbro

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It is possible but like many already said buying them with localbitcoins is way better due to the fact that its a lot more safe than doing it with a trader on paypal.

Altynbekova

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Quote from: sishendaoye on May 31, 2016, 11:39:30 PM

Quote from: praprata on May 30, 2016, 10:35:09 PM

As trader or buyer I would not do it both, its just risky, I think localbitcoins is way better to do this and it also is way better because you cannot get scammed most of the times.
With PayPal this can happen if there will be a charge back.

I also would not do this because of the facts you numbered, localbitcoins is the best thing for the job.
Its easy and safe, its trusted here by a lot of users.

Localbitcoins is what the most people are saying but it depends on where you are living, if you can use it you should because they are trusted and some dealers over there also do not have high fee's.

redviper

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In my experience, it's not worth the effort. Fees are too high and sellers insist on verified accounts which take too long to sort out. I also had my paypal account limited at some point due to 'high risk activity'.

MWesterweele

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I think no dude.But i've heard to someone that there is a site that exchanges paypal credits to bitcoin but it has a big percent of fee.But still its worth it because as i heard to him it is the only site that exchange paypal to bitcoin.But there is also some person that exchanges paypal credits to bitcoins with 1:1 ratio.

The_prodigy

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Quote from: HarryKPeters on June 02, 2016, 12:29:37 AM

What other people already said is that its possible to do this but it also has risks, a risk as a example is that you and the trader are in danger with doing this.
If paypal finds it out they will limit your account most of the times and its very dangerous for the traders that is also why not a lot are offering it due to the charge back of PayPal...

Yeah its risky but it depends in the amount of funds and just like in our exchange board section if you are not reputative or high rank in this forum you can not get any members here to trust you to exchange your paypal funds into bitcoin.. many people here selling their bitcoin also many people here also are buying bitcoin using paypal.. paypal is risky because you can reverse the payment. unlike bitcoin that's why its risky to trade paypal fund to bitcoin anytime he can reverse the payment..

HarryKPeters

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What other people already said is that its possible to do this but it also has risks, a risk as a example is that you and the trader are in danger with doing this.
If paypal finds it out they will limit your account most of the times and its very dangerous for the traders that is also why not a lot are offering it due to the charge back of PayPal...

Acehigh562

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Quote from: InsideBjorn on June 01, 2016, 09:29:11 AM

I dont think it is really possible to buy bitcoins by paypal only because it are both paying methods why would they help each other. They only fighting each other to win the best paying method of the world.

Paypal is the only method I use so far when it comes to buying/selling usually on local bitcoins I have sold more than buy on there all transaction has been fast and smooth. I don't even get the big fuss about paypal or get how that reverseable payment work on paypal or knew that it was even possible but I'm sure you guys got good reason for not using pay pal as a payment but base on my experience I don't see nothing wrong with it Just make sure the buyer/ send you a receipt of purchase but I don't even do that because I only deal with TRUSTED members and it shows all transaction has been fast and smooth

InsideBjorn

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I dont think it is really possible to buy bitcoins by paypal only because it are both paying methods why would they help each other. They only fighting each other to win the best paying method of the world.

GermanFoobla

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I dont think they wont let you buy bitcoins with a paypal account why is just because they are both companys fighting for their paying method. I dont think they want to give each other credits.

DuckKeeper

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I never heard about this before and also i dont think you can do that. How do you think paypal will react mean while their both a paying method and they also want to be the most used paying method so i dont think paypal offers you something to buy bitcoins.

AsaroUk

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It is possible but not that directly but you can also see now that Bitcoin will be the future payment method and that it will be more worth so that will be the most used payment method.
And of course it is hard to predict for what the value will be but that is the risk that you have to take if you want to earn some profit.

redhopper

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You can exchange bitcoin for paypal and vice-versa on paxful.com , they use escrow.

sishendaoye

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Quote from: praprata on May 30, 2016, 10:35:09 PM

As trader or buyer I would not do it both, its just risky, I think localbitcoins is way better to do this and it also is way better because you cannot get scammed most of the times.
With PayPal this can happen if there will be a charge back.

I also would not do this because of the facts you numbered, localbitcoins is the best thing for the job.
Its easy and safe, its trusted here by a lot of users.

robelneo

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Quote from: frycek on February 29, 2016, 01:56:57 PM

Hello,

I want to as is it possible to buy bitcoins by paypal and don't get ban from them?

I have to charge my faucet but I don't have bitcoins to do it and I stuck ;/

It depends where you are buying Bitcoin if it from a trusted friend or seller you have no problem as long as the seller wants to keep the trust or you can buy from a reputable company,of course they don't want any negative testimonials from their clients..

Piltover

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That will be possible but not that easy and you have to know that there are now more people also that is going to use some Bitcoin and that can be nice for the Bitcoin itself.
But of course it will be really hard to know what will happen with the value of the Bitcoin later in the future but that is the risk that you should take.

Oscoda

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Quote from: SlidingHorn on February 29, 2016, 02:03:08 PM

It is never recommended to buy BTCitcoin using paypal. There is far too much risk involved.

First, as far as I remember, it is against their terms to deal in cryptocurrencies. If they determine that you're doing so, they can freeze the account, and you can lose your money. Also, there is always the possibility that the person you're buying from will reverse the transaction. There are several people on this forum that will tell you that there are easy methods and ways to avoid this: They are lying to you

Your best bet is to find a reputable, tested site like Bitstamp or something else in your area.

There is always LocalBitcoins as well. They can help you put together a deal with someone almost no matter where you are.

Well its not possible directly but you can trade them with someone and pay with paypal that is possible for sure. You only have to look out for scammers what people are already saying here.

Nowl1935

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Yeah it is possible. Ive traded my paypal credits to bitcoin. Just dodge Scammers that want your paypal credits. Or you can exchange it to a website, less risk. buy they have large transaction fee. Sorry i dont remember the site

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