Bitcoin Forum

Economy => Currency exchange => Topic started by: levernson15 on May 09, 2015, 01:10:34 AM



Title: How to buy bitcoin with paypal?
Post by: levernson15 on May 09, 2015, 01:10:34 AM
Hi Guys,

Looking for ways or traders who sell btc allowing me to pay with paypal.

Currently using localbitcoins but finding im losing out such a large % through the trade that its not relaly worth my time. Alot of buyers mainstream only ever want to pay me with paypal. Which is completely fine, its just i need the currency in bitcoin so looking for fastest and best way to then convert those sales to bitcoin quickly.

Newbie here, so any advice would be greatly appreciated.

Cheers :)


Title: Re: How to buy bitcoin with paypal?
Post by: shdvb on May 09, 2015, 01:30:19 AM
How much % you would like to pay?


Title: Re: How to buy bitcoin with paypal?
Post by: levernson15 on May 09, 2015, 01:37:16 AM
Im open to negioiate on this Typical amounts Im doing are anywhere from $500 - $5000 daily. some days more if we run sales. We are also about to luanch a website in a few days and have some targeted marketing so suspect sales will increase more (we sell discount Gift Cards and e-vouchers) we will have the option for buyers to pay with btc for a further discount how ever the issue is majority of mainstream buyers only want to deal with paypal. Which is a pain in the butt ultimately, but I want to make sure I have a secure, constant and reliable to convert the paypal to bitcoin as needed when needed.

not sure what a reasonable % would be, I just dont want to keep losing a large percentage through conversions which is making it almost not feesable to continue sales.

Open to offers :)


Title: Re: How to buy bitcoin with paypal?
Post by: Tomatocage on May 09, 2015, 02:39:59 AM
You're not going to be able to do this directly with PayPal (well, other than the scammers who will be delighted to accept your PayPal -- you send first). What I suggest doing is withdraw cash from PayPal, then use that cash to buy Bitcoin via cash deposit or wire transfer, using all necessary precautions of course. Since you're going to be doing $500-5000 daily anyway, all you have to do is wait a little bit for the PayPal funds to hit your bank account. Problem solved :)


Title: Re: How to buy bitcoin with paypal?
Post by: Twipple on May 09, 2015, 06:18:52 AM
If you have paypal, you are likely to have a bank account associated with it. Just use the bank account to register to an exchange, rather than paying the hefty fees with paypal. Another thing I would suggest is buying something like an amazon card which you can use purchase with paypal, and selling it.


Title: Re: How to buy bitcoin with paypal?
Post by: kashish948 on May 09, 2015, 07:13:48 AM
You're not going to be able to do this directly with PayPal (well, other than the scammers who will be delighted to accept your PayPal -- you send first). What I suggest doing is withdraw cash from PayPal, then use that cash to buy Bitcoin via cash deposit or wire transfer, using all necessary precautions of course. Since you're going to be doing $500-5000 daily anyway, all you have to do is wait a little bit for the PayPal funds to hit your bank account. Problem solved :)

Also with cash, you might actually be able to get a better than market rate!


Title: Re: How to buy bitcoin with paypal?
Post by: Swisswatcher on May 09, 2015, 08:04:20 AM
I am offering a Brawker Style of buying Bitcoins with Paypal, safe and secure.

https://localbitcoins.com/ad/180238/purchase-bitcoin-paypal-united-states