Bitcoin Forum

Economy => Trading Discussion => Topic started by: Nomad88 on March 08, 2016, 12:38:30 AM



Title: Safe Paypal&BTC exchange
Post by: Nomad88 on March 08, 2016, 12:38:30 AM
I know it is highly not reccomended  to sell or buy BTC via paypal transactions so i will not try that. However i wonder if there is a website which is providing such a service professionally and trustfully. If so, can you share your expariences and let me know if you would reccomend me to use such a service.


Title: Re: Safe Paypal&BTC exchange
Post by: leowonderful on March 08, 2016, 12:40:55 AM
localbitcoins, straight off the top of my head. Although sometimes the prices are way higher than market, it's an easy way to get some of those delicious bits into your hand.
Be wary that some sellers will make a a delay in crediting bitcoin to your wallet. Not a big deal, but still it's a small hitch in the road.
Other than that not many other exchanges that will do this.


Title: Re: Safe Paypal&BTC exchange
Post by: maku on March 08, 2016, 02:46:38 AM
There are nice services which allows you to transfer your BTC and buy almost every main altcoin (https://shapeshift.io/ (https://shapeshift.io/))
Shapeshift used to offer PayPal to BTC conversion in the past, but they are not providing this option anymore.

You should know that trading PayPal to Bitcoin is risky due to PayPal easily reversible transactions.


Title: Re: Safe Paypal&BTC exchange
Post by: JumperX on March 08, 2016, 03:01:16 AM
virwox.com

you could exchange your paypal to bitcoins using their service, deposit paypal > convert to linden dollars > bitcoins > withdraw

NOTE: first transaction will take 3days and after that all next transactions will be instant but they charge high fees


Title: Re: Safe Paypal&BTC exchange
Post by: Nomad88 on March 08, 2016, 05:43:45 AM
Hmm, i think i will stay away from such a transaction then. Perhaps it is still the best to withdraw the amount from paypal and transfer it back to just buy bitcoin. I thought there would already be a big company which provides a fast and low-cost transactions between paypal and BTC. Just don`t understan why paypal is not allowing users to buy or sell bitcoin on their own page. I believe a lor of people would use such a service and they would make a lot of money. It is simply annoying.


Title: Re: Safe Paypal&BTC exchange
Post by: zodiac3011 on March 08, 2016, 05:45:58 AM
I myself trust wesellcrypto.com as the price is good enough for me to use as well as fast sending the money (although some time they experience some issue). All you need to be able to buy bitcoin is an email. To be able to buy more you will need ID, and some documents but I find that no problem at all as everything is confirmed really fast


Title: Re: Safe Paypal&BTC exchange
Post by: justspare on March 08, 2016, 06:27:05 AM
localbitcoins is the only website I know that does that. Even on localbitcoins you need to find a trustworthy seller so that you don't get scammed.