Bitcoin Forum

Other => Beginners & Help => Topic started by: rainbowed on January 04, 2013, 01:39:32 AM



Title: Looking to buy BTC with Paypal Gift
Post by: rainbowed on January 04, 2013, 01:39:32 AM
I have a good amount of paypal I would like to turn into BTC, I own the paypal account.

Thanks for any help!


Title: Re: Looking to buy BTC with Paypal Gift
Post by: DPony13 on January 04, 2013, 01:44:40 AM
If you want, you could use several exchange sites like

XMLGold.eu and Nanaimogold.com

How much do you need anyway?


Title: Re: Looking to buy BTC with Paypal Gift
Post by: BTC4Amazon on January 04, 2013, 01:46:51 AM
Send a PM if your willing to do it for a MoneyPak Visa Gift card or Amazon GiftCard. Sorry no paypal.


Title: Re: Looking to buy BTC with Paypal Gift
Post by: Stephen Gornick on January 04, 2013, 02:08:25 AM
I have a good amount of paypal I would like to turn into BTC, I own the paypal account.

VirWoX will take $50 per day so that recommendation doesn't help you much.

Any amounts larger will be problematic finding a trade due to you presumably having no trust history with paying using PayPal without any chargebacks.

Cash works well for buying bitcoins.  With a PayPal debit card you can withdraw at an ATM and buy coins with the cash through something like localbitcoins.com or BitInstant or the half dozen other cash purchase methods.

Or you could send the funds to your bank and use a bank transfer method.  Coin base will pull funds from your bank so that is one approach, if you are in the U.S.  Also in the U.S. is Dwolla, which will pull any amount into the thousands of dollars with a fee of only $0.25.  

If you really want to use PayPal, another approach is to buy something for someone using your PayPal, and then once they have the item you get your coins.  There isn't a whole lot of trade using this method but you might find a trade like this on the bitcoin-OTC marketplace.

  - http://bitcoin-OTC.com


Title: Re: Looking to buy BTC with Paypal Gift
Post by: mylove942006 on January 04, 2013, 09:22:59 AM
try searching on google .......there are many sites for you to convert


Title: Re: Looking to buy BTC with Paypal Gift
Post by: nanaimogold on January 11, 2013, 12:19:47 PM
No exchanger will accept Paypal. Too many phished accounts and too many chargeback scammers.

Paypal is NOT hard currency. Bitcoin is very hard currency.

Anyone accepting Paypal in trade for hard currency is a fool and won't be doing it for long. Either that or he is a scammer using phished accounts to launder your PAypal while he stalls you. Either way, you are not going to be happy.

Withdraw your Paypal to your bank, where they know you and can reach out and touch you. Then remove the cash and send it via Western Union or direct cash bank deposit to a real digital currency exchanger.

There is NO other way to trade soft money for hard.