Safe way to convert BTC to USD in Paypal?

Q7

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Quote from: TeamDisaster on February 26, 2015, 12:48:37 PM

I've seen quite a few scams and horror stories in relation to converting BTC to USD available in Paypal, does anyone know a bona fide safe and effective way of doing this?

I know that with Comkort you can send USD to OKPay and then exchange onto Paypal from there, but if there is an effective all-in-one solution, I would rather use that.

If you would rather go towards the long approach, another option is to withdraw your paypal fund going to your credit card and then use some exchanger service that allows you to buy bitcoin and pays using credit card. At least here you remove out paypal and in case there is a dispute you could probably rely on the credit card service to protect you. But even then, there's no guarantee it is absolutely 100% safe.

TeamDisaster

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Thanks for all the suggestions everyone!

pmatveev

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Quote from: TeamDisaster on February 26, 2015, 12:48:37 PM

I've seen quite a few scams and horror stories in relation to converting BTC to USD available in Paypal, does anyone know a bona fide safe and effective way of doing this?

I know that with Comkort you can send USD to OKPay and then exchange onto Paypal from there, but if there is an effective all-in-one solution, I would rather use that.

just order E-Card from www.e-coin.io, link it to your payPal account and you can use it everywhere

Icardi09

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Quote from: TeamDisaster on February 27, 2015, 04:37:58 AM

Quote from: Icardi09 on February 27, 2015, 04:19:06 AM

Use virwox for convert bitcoin to USD paypal, but fee is very high Sad

15% if i'm not wrong. But this one is safer method

OUCH! 15% is pretty steep... but good to know the options, thank you

yeah, that's why not many people use that service, high fee is too bad Sad

why don't you just cashing out your BTC instead convert it to paypal

Madness

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My goal is becaming a billionaire.

Yeah you should try Virwox but the fees are so so high .
You could try deposit Bitcoin and withraw with another method tho . so you have less fees

~ Madness

TeamDisaster

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Quote from: Icardi09 on February 27, 2015, 04:19:06 AM

Use virwox for convert bitcoin to USD paypal, but fee is very high Sad

15% if i'm not wrong. But this one is safer method

OUCH! 15% is pretty steep... but good to know the options, thank you

Icardi09

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Use virwox for convert bitcoin to USD paypal, but fee is very high Sad

15% if i'm not wrong. But this one is safer method

Erkallys

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Quote from: RodeoX on February 26, 2015, 01:07:21 PM

No is the short answer. But a better question is why not just spend the BTC? It's money.

Near each e-shop accept PayPal. Plus, if you haven't received your productyou can request a refund !

TeamDisaster

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Quote from: RodeoX on February 26, 2015, 01:34:18 PM

I would worry about how much I have to give up using the "dog's leg" route you described. You may want to try an add on craigslist or the like. A lot of people want bitcoin and if you can find a steady face to face buyer it is a lot simpler. But the problem you have is a common one.

What concerns me about that idea is the warnings I've seen on this forum about selling directly for payment by Paypal... which could be revoked after the BTC has been sent, and little to no recourse you can take about it if you happen to come up against someone unscrupulous. Angry

RodeoX

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The revolution will be monetized!

I would worry about how much I have to give up using the "dog's leg" route you described. You may want to try an add on craigslist or the like. A lot of people want bitcoin and if you can find a steady face to face buyer it is a lot simpler. But the problem you have is a common one.

TeamDisaster

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Is the Comkort > OKPAy > Paypal route safe? (If a bit of a dogs leg involving several agencies taking their cut...)

RodeoX

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The revolution will be monetized!

Quote from: TeamDisaster on February 26, 2015, 01:21:33 PM

Quote from: RodeoX on February 26, 2015, 01:07:21 PM

No is the short answer. But a better question is why not just spend the BTC? It's money.

In my case, I got crypto to help fund gamedev. Whilst I may be persuaded to use the crypto directly, my fellow devs have absolutely no interest in doing so and just want USD (weirdly we all deal mainly in USD as a common denominator despite the fact that the dev team are based in the UK, Greece and Italy!!).

Ahh, Got ya. Hopefully some day they will evolve also. lol.

TeamDisaster

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Quote from: RodeoX on February 26, 2015, 01:07:21 PM

No is the short answer. But a better question is why not just spend the BTC? It's money.

In my case, I got crypto to help fund gamedev. Whilst I may be persuaded to use the crypto directly, my fellow devs have absolutely no interest in doing so and just want USD (weirdly we all deal mainly in USD as a common denominator despite the fact that the dev team are based in the UK, Greece and Italy!!).

RodeoX

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The revolution will be monetized!

No is the short answer. But a better question is why not just spend the BTC? It's money.

Erkallys

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I'm interested too !

TeamDisaster

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Activity: 674

Merit: 500

I've seen quite a few scams and horror stories in relation to converting BTC to USD available in Paypal, does anyone know a bona fide safe and effective way of doing this?

I know that with Comkort you can send USD to OKPay and then exchange onto Paypal from there, but if there is an effective all-in-one solution, I would rather use that.

Topic: Safe way to convert BTC to USD in Paypal? (Read 2086 times)