Bitcoin Forum

Economy => Currency exchange => Topic started by: Syntax1 on May 06, 2015, 07:58:39 PM



Title: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: Syntax1 on May 06, 2015, 07:58:39 PM
Hello guys,

(Sorry if my english is a bit bad - you also can talk german to me)

I have a litte business on the internet where I regulary get profit from.
I get paid every few days from my company over PayPal / Skrill or Webmoney or Bank tranfer.
In this case I would like to exchange this money to Bitcoins.
I will exchange about 500 € a week +/-
It would be very nice if I find somebody who can exchange it for me.

When you are interested you will get more information about the company etc. Its very trustfull

Thank you very much! Trused exchangers only!


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: Tomatocage on May 06, 2015, 10:59:36 PM
My advice: Don't.

If you must use PayPal to buy Bitcoin, your only reasonable option is Virwox.com, and even then you're going to be severely limited to the amount of BTC you can borrow. Also note that you're probably going to be contacted (if you haven't been already) new members of this forum who will be more than willing to accept your PayPal for their Bitcoin. Again, my advice is "don't." What almost always happens is that they'll try to convince you to send them the PayPal payment first, using the excuse that since you can always reverse the payment if you don't receive the Bitcoins, you're protected. However, once you send PayPal payment, they'll keep stalling for time while they withdraw the money, and by the time you get around to processing a chargeback, they've already abandoned the throwaway PayPal account.

Your best bet is to simply withdraw the PayPal funds and purchase with cash.


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: tidus1097 on May 06, 2015, 11:20:09 PM
My advice: Don't.

If you must use PayPal to buy Bitcoin, your only reasonable option is Virwox.com, and even then you're going to be severely limited to the amount of BTC you can borrow. Also note that you're probably going to be contacted (if you haven't been already) new members of this forum who will be more than willing to accept your PayPal for their Bitcoin. Again, my advice is "don't." What almost always happens is that they'll try to convince you to send them the PayPal payment first, using the excuse that since you can always reverse the payment if you don't receive the Bitcoins, you're protected. However, once you send PayPal payment, they'll keep stalling for time while they withdraw the money, and by the time you get around to processing a chargeback, they've already abandoned the throwaway PayPal account.

Your best bet is to simply withdraw the PayPal funds and purchase with cash.


I been trying to buy btc with PPMC or I could load it on my Paypal and buy it that way for 3 days. So I did buy BTC through Virwox because only 1 person wanted to buy $50 worth of Paypal. But since it was my 1st withdrawl through Virwox, they said it would take up to 2 days before I would receive it. My advice to you is if you buy btc with Virwox, expect a 2 day minimum wait on it if its your first time withdrawing.


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: xmaxbit on May 07, 2015, 05:06:53 AM
Hello guys,

(Sorry if my english is a bit bad - you also can talk german to me)

I have a litte business on the internet where I regulary get profit from.
I get paid every few days from my company over PayPal / Skrill or Webmoney or Bank tranfer.
In this case I would like to exchange this money to Bitcoins.
I will exchange about 500 ? a week +/-
It would be very nice if I find somebody who can exchange it for me.

When you are interested you will get more information about the company etc. Its very trustfull

Thank you very much! Trused exchangers only!

gO MY WAY aNd I can do that for you. pm me your skype address


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: Syntax1 on May 07, 2015, 11:45:51 AM
Push


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: selene72 on May 07, 2015, 11:48:16 AM
Push

I could do the skrill - maybe around 200$ at first
Not interested in PP though


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: soccer-tipster on May 07, 2015, 12:31:17 PM
i can sell you 0.04 for paypal funds


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: xmaxbit on May 16, 2015, 07:26:25 AM
i can sell you 0.04 for paypal funds

0.04 what are you talking about ?


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: cyberarmy786 on May 16, 2015, 08:42:46 AM
Hello guys,

(Sorry if my english is a bit bad - you also can talk german to me)

I have a litte business on the internet where I regulary get profit from.
I get paid every few days from my company over PayPal / Skrill or Webmoney or Bank tranfer.
In this case I would like to exchange this money to Bitcoins.
I will exchange about 500 € a week +/-
It would be very nice if I find somebody who can exchange it for me.

When you are interested you will get more information about the company etc. Its very trustfull

Thank you very much! Trused exchangers only!

bro i can give legit paypal which ill be clean so tell how much want and your fees?


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: js1985 on May 16, 2015, 09:30:33 AM
You will not find one since Paypal forbid cryptopcurrency exchange, your best bet is localbitcoins but be prepared to loose alot


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: tidus1097 on May 16, 2015, 09:39:47 AM
You will not find one since Paypal forbid cryptopcurrency exchange, your best bet is localbitcoins but be prepared to loose alot

Paypal has since retracted that and is now letting users sell cryptocurrency. I do not have the thread handy to post, but it has been posted. I posted it myself in some thread recently, but I can't remember which one. Also, wesellcrypto.com accepts paypal. You can exchange doge/redd/drk to btc after purchase.


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: tidus1097 on May 16, 2015, 11:06:53 AM
You will not find one since Paypal forbid cryptopcurrency exchange, your best bet is localbitcoins but be prepared to loose alot

Paypal has since retracted that and is now letting users sell cryptocurrency. I do not have the thread handy to post, but it has been posted. I posted it myself in some thread recently, but I can't remember which one. Also, wesellcrypto.com accepts paypal. You can exchange doge/redd/drk to btc after purchase.

I heard about it and it referred to people selling physical bitcoins on eBay

since then eBay and Paypal parted and Paypal continue to close accounts, don't believe me then put "for bitcoin" in a message next time you are sending paypal transfer and see how long it takes for your account to be canned, go on.

Anyways there is on way (thru me :D)
1. Paypal > Bank > Cash
2. https://bitcointalk.org/index.php?topic=1062291.0


Here is a press release from cryptocoinnews.com https://www.cryptocoinsnews.com/breaking-paypal-merchants-can-now-accept-bitcoin/


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: designbuyers on May 16, 2015, 11:13:06 AM
I can help you if you will pay with webmoney.

Let me know if you interested.
https://bitcointalk.org/index.php?topic=1043304 (https://bitcointalk.org/index.php?topic=1043304)


Title: Re: Looking for legit PayPal to Bitcoin EXCHANGE
Post by: designbuyers on May 16, 2015, 07:30:49 PM

Here is a press release from cryptocoinnews.com https://www.cryptocoinsnews.com/breaking-paypal-merchants-can-now-accept-bitcoin/

Did you actually bother to read the article you linked to?

It is talking about Paypal merchants accepting bitcoin (via braintree who they bought) as a form of payment
(Why would anyone do this when Bitpay has 0% fee is beyond me lol )

Not about Paypal merchants converting paypal balance to bitcoin as the OP here wants to do

-----------

as for wesellcrypto.com I do not know how they do it, maybe Paypal haven't copped on yet onto them, seeing as to how they want all sorts of documents it could very well be a way of gathering identity documents for all sorts of nefarious activities.

It's depending on who you trust, if you talking about documents for verification, they do it to make sure you are the owner actually most of websites are doing this since PayPal is so risky.. I do not know this website actually but most of exchanges doing it.