Bitcoin Forum

Economy => Trading Discussion => Topic started by: muzzzzzzzzzzz on January 06, 2014, 03:51:10 PM



Title: what is the best place to convert bitcoin to paypal money??
Post by: muzzzzzzzzzzz on January 06, 2014, 03:51:10 PM
what is the best place to convert bitcoin to paypal money??


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: Last_shot on January 06, 2014, 05:00:16 PM
Go to exchange (Bitstamp, Gox)
Paypal can block account for bitcoin operations. So I do not advise you to do direct transfers with bitcoins mentioning in transactions in case of PayPal


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: quone17 on January 06, 2014, 05:42:19 PM
I have heard lots of stories about Paypal not liking any account having to do with BTC.  You'll have to find another method.  Most require sending your fiat to a bank account, and most are really slow at doing so.  I think dealing with another individual is best and fastest, as long as you cover yourself for fraud.


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: Cryptopher on January 06, 2014, 07:30:46 PM
Is paying out via PayPal a necessity?

Personally I would put funds into BTC and then trade the BTC through local means. Sure you will be subject to fluctuation in prices, but on the upside you wouldn't be subject to PayPal/exchange costs, and you could probably charge a premium for the convenience of the buyer.

Hope that helps.


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: WinterParker on January 07, 2014, 12:31:35 AM
you don't want paypal money...


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: jonanon on January 07, 2014, 05:37:20 AM
The best place to answer your question would be virwox.com - just beware if the fees  :)


Title: Re: what is the best place to convert bitcoin to paypal money??
Post by: eternalgloom on January 07, 2014, 03:49:06 PM
Yes Virwox is an expensive option (be prepared to pay a lot of fees), or find someone on the forum.

I would not recommend any of these options.