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Topic: Is there a way/method to buy bitcoins using paypal? - page 2. (Read 5417 times)

full member
Activity: 155
Merit: 100
Cryptonit offers an option to deposit via Paypal for verified users: https://bitcointalksearch.org/topic/ann-cryptonitnet-cryptocurrency-exchange-from-uk-low-fees-eur-btc-eth-735931

Should you have any questions, feel free to let us know.

Regards
Edward
legendary
Activity: 1199
Merit: 1047
Yes, Localbitcoins for example. But they will charge you a big premium because of the charge back risk.
sr. member
Activity: 406
Merit: 250
Virwox is one I would recommend however I would be really careful when dealing using PayPal no matter how you do it as transactions can be reversed leaving you out of pocket.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
steer clear of paypal please.

There are better, possibly less convenient options. But all are better than paypal.
m3
sr. member
Activity: 460
Merit: 250
You should try using localbitcoins. The following article explains a good way to do it. http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/
member
Activity: 84
Merit: 10
donator
Activity: 1218
Merit: 1079
Gerald Davis
if you're into bitcoin for the long term, we could sign a contract where you'd get the bitcoins after 180 days from payment (longest paypal chargeback period I know of) when it's quite safe to release bitcoins for paypal payment. if the payment is charged back in the mean time, contract is void. it's that easy. i would even move the coins for you so they have a footprint in the blockchain just would not let you have the private key sooner. sorry but paypal is really bad money to buy bitcoins with.

if you search the forum you might find sellers releasing coins immediately but they are rare and usually won't deal with users without a background check (ebay id with feedback, verified paypal account, web of trust rating, successful trades with forum members in the past).

if paypal is your only option, then the 14% fee via virwox might be the way to go (and be happy to buy bitcoin with pp at all)

You would still get scammed.

Buy $x worth of Bitcoins using PayPal.  If the exchange rate goes up don't dispute.  If the exchange rate goes down file a dispute.  Guaranteed profit for the scammer, either he gets $x back or he gets >$x worth of BTC.
legendary
Activity: 1512
Merit: 1012
I used Virwox a few times at the beginning. They charge some nasty fees but you can get bitcoins.

14,6 % for an exact perspective.
(9% if you have the level 3 grad).
sr. member
Activity: 280
Merit: 250
VirWox any day over LocalBitcoins. You'll definitely pay a premium on LBC. You don't have to provide ID with VirWox but your paypal must be verified (same thing, right).
legendary
Activity: 3766
Merit: 1217
I have used VirWox... the premium is around 5%... but it varies, depending upon the availability.
newbie
Activity: 62
Merit: 0
I used Virwox a few times at the beginning. They charge some nasty fees but you can get bitcoins. First you send USD or Euros with paypal, then you convert it to SLL (the currency for Second Life - that virtual reality game), then convert it to BTC and send the BTC to your wallet.

There is a small limit on the amount of money you can deposit per day and per month on Virwox. I think it is about 100 USD per day and 300 per month when you are a new member.
full member
Activity: 224
Merit: 100
Professional anarchist
Place an ad on LocalBitcoins.
sr. member
Activity: 896
Merit: 272
Undeadbitcoiner Will not DIE until 1BTC=50K
Yes there are a lot but you must prove that you are the rite person of such account, Mean you need to provide you ID one time so you can trade.
newbie
Activity: 31
Merit: 0
Yes Use Virwox. Buy Linden dollar and exchange for Bitcoin. Visit my website for referral link please :-) I wrote an artical on how to buy Bitcoin with severral payement methodes. (Dutch but with Google translate)
newbie
Activity: 47
Merit: 0
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