Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ranamajid007 on December 19, 2018, 09:42:10 AM



Title: Buying ETH/Bitcoin using Paypal
Post by: ranamajid007 on December 19, 2018, 09:42:10 AM
Is there a way to buy ETH or Bitcoin using Paypal Balance?


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: Menderryon on December 19, 2018, 09:49:00 AM
i heard coinbase recently enable paypal payment you should check them


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: ranamajid007 on December 19, 2018, 09:50:28 AM
Just checked buy yeah no such support on coinbase.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: TwSeventh on December 19, 2018, 10:03:27 AM
Just checked buy yeah no such support on coinbase.

Yes, currently you can not buy Bitcoin or any other cryptocurrencies using Paypal there, on Coinbase you are only able to withdraw or sell it into Paypal nothing more than that.
but, you can try your luck by going to localbitcoins.com or Paxful,
I heard you can use your Paypal balance to buy or sell your Bitcoin. It is really hard to buy cryptocurrency using Paypal, it is because your transaction is reversible.
plus I heard they do not accept any transaction connected to Bitcoin or other cryptocurrencies.


for your reference about Coinbase accepting Paypal and their capability right now: https://support.coinbase.com/customer/portal/articles/2959952-paypal-faq


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: joeperry on December 19, 2018, 11:10:54 AM
There are some websites who're offering an exchange of paypal balance to ETH or BTC but if you're looking for a direct transaction you can find it here https://bitcointalk.org/index.php?board=53.0 there are many people there who're offering that kind of services.

But BEWARE! most of the people here are scammers so you better check the past history transaction of the user, check its credibility and I would highly suggest to use a reputable escrow in order to avoid being scammed.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: DominickA86 on December 19, 2018, 11:17:41 AM
Coinbase is the best way to buy crypto currencies. But please be aware of scam websites and look at the fees. Because some websites are offering such a change with huge fees. Best of luck in finding the best way  ;D


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: Ini35 on December 19, 2018, 01:35:58 PM
Is there a way to buy ETH or Bitcoin using Paypal Balance?
I do not know where you are resident, I was able to read on a site the those who are resident in the US can purchase bitcoin using PayPal. It might not be available for other crypt I currencies.
This site will help you with the procedure.
https://www.finder.com/buy-bitcoin-paypal

Although, I have not used it before, you should do your research on the site for authenticity. I am only trying to offer help.
This is the main exchange site is:
https://www.virwox.com


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: Ryananda on December 19, 2018, 01:49:44 PM
I myself have never made a withdrawal via paypal, so there is no way that I have to explain, because usually I buy through the market directly and make a deposit of some money first.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: Deagle21 on December 19, 2018, 01:52:52 PM
I think this method exists, but you will probably spend a lot of money on the commission. Try to use the service Bestchnge. Maybe they have pay pal payments. or maybe someone on local bitcoins will take PayPal money


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: arjuna BTC on December 19, 2018, 01:58:06 PM
There are some websites who're offering an exchange of paypal balance to ETH or BTC but if you're looking for a direct transaction you can find it here https://bitcointalk.org/index.php?board=53.0 there are many people there who're offering that kind of services.

But BEWARE! most of the people here are scammers so you better check the past history transaction of the user, check its credibility and I would highly suggest to use a reputable escrow in order to avoid being scammed.

yep,, the sections above is a currency exchange sections in this forum,,
everyone can buy or sell your bitcoin or ethereum with paypal,,
and use an escrow service with positive feedbacks is the best way to exchange your digital currencies in this forum


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: TwSeventh on December 20, 2018, 04:10:45 PM
There are some websites who're offering an exchange of paypal balance to ETH or BTC but if you're looking for a direct transaction you can find it here https://bitcointalk.org/index.php?board=53.0 there are many people there who're offering that kind of services.

But BEWARE! most of the people here are scammers so you better check the past history transaction of the user, check its credibility and I would highly suggest to use a reputable escrow in order to avoid being scammed.

yep,, the sections above is a currency exchange sections in this forum,,
everyone can buy or sell your bitcoin or ethereum with paypal,,
and use an escrow service with positive feedbacks is the best way to exchange your digital currencies in this forum

the problem is not on the escrow itself but instead its reversible system, did you know that you can get your money back after the deal?
Paypal allows you to do that, and until now many scammers used it as a tool to scam other people by reversing their transaction. If you never use it before, you will not understand what I am talking about.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: bit-freedom on December 20, 2018, 04:18:48 PM
No, I rarely see PayPal option for buying BTC or ETH. Even if there is a seller who is willing to take PayPal, the rate is going to be bad for you. Can’t you withdraw the fund from PayPal and buy with cash?


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: Eat.Sleep.Bounty on December 23, 2018, 01:45:04 PM
You should check out coinbase because recently they have enabled their paypal services to enable user to swap their paypal funds to eth/btc. It is more convenient and more faster and accurate.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: BitcoinHodler on December 25, 2018, 12:50:47 PM
people in cryptocurrency world are always wanting to buy with paypal not sell for it. in other words you will always find many who are willing to give paypal and receive bitcoin but nobody who accepts it.
it is because of the reversibility of paypal payments plus the fact that it is illegal to use it for digital currencies according to their terms of services.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: DaMut on December 25, 2018, 01:19:15 PM
people in cryptocurrency world are always wanting to buy with paypal not sell for it. in other words you will always find many who are willing to give paypal and receive bitcoin but nobody who accepts it.
it is because of the reversibility of paypal payments plus the fact that it is illegal to use it for digital currencies according to their terms of services.

Lately, some people are looking for this solution because of Coinbase integration for withdrawal ONLY. More than 2 years since the last time they updated their TOS and prevent their users to use their service to buy cryptocurrency, but people keep looking for this even though they stated clearly on their TOS.

You should check out coinbase because recently they have enabled their paypal services to enable user to swap their paypal funds to eth/btc. It is more convenient and more faster and accurate.

They are only allowing you to do a withdrawal instead of buying it using Paypal. Paypal transaction is reversible, that was why they do not integrate it until today.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: winstonchurchillwar on December 25, 2018, 01:53:49 PM
Use the service of the exchanger or Coinbase. Before you exchange, read the reviews not to get to the scammers. In General, you can just buy bitcoin or Ethereum using the exchanger with a visa or MasterCard.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: tsaroz on December 25, 2018, 02:19:34 PM
Paypal is hostile to crypto trade and they generally invalid the transaction on a dispute. That's why people don't risk selling crypto with paypal.  So it would be better to exchange it to some other payment processor before buying crypto, like Skrill or redeem your paypal to bank account and use it to buy crypto.


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: b3llsf1l3s on December 25, 2018, 04:37:27 PM
As far as I have, there are many services that close for exchanging ETH / BTC with Paypal Balance. Either because the paypal trend has begun to be abandoned or what. But maybe there are still some people who sell personally, the problem is 75% have the risk of scam


Title: Re: Buying ETH/Bitcoin using Paypal
Post by: ccsang on December 26, 2018, 01:24:24 AM
remember that the majority of cryptocurrency exchanges do not accept PayPal because their chargeback policy and people can raise a claim with PayPal in an attempt to get their money back, but I heard that coinbase is support paypal, but depending depending on country of residence, I recommend using Peer-to-peer exchanged, buy cryptocurrency directly to other users with alternative payment methods such as bank transfer, bank cash deposit, or mobile money.