Bitcoin Forum

Economy => Trading Discussion => Topic started by: V6ser on May 17, 2014, 05:36:01 PM



Title: Convert Bitcoin to Paypal USD
Post by: V6ser on May 17, 2014, 05:36:01 PM
I need to sell 0.332 BTC real quick but since most exchange btc -> USD(Paypal) sites are now offline, and i really don't trust formal exchange with users(they did it before they can do it again), i don't know where to sell them without paying an 11+% fee on VirWox converting BTC to SLL then SLL to USD...

Does anyone know a place where it's safe, quick(relatively) and cheap to covert my bitcoins? I know it's asking for too much, but there were places like this before, why not now?

Thanks for reading.

EDIT: And btw, I don't live in the US as well so i can't use sevices like Bitsimple :/

I apologize for my english.


Title: Re: Convert Bitcoin to Paypal USD
Post by: Este Nuno on May 18, 2014, 04:12:33 PM
You could check localbitcoins for people who buy btc for paypal.


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 18, 2014, 05:05:13 PM
You could check localbitcoins for people who buy btc for paypal.

Is it safe? Isn't it US only?


Title: Re: Convert Bitcoin to Paypal USD
Post by: Este Nuno on May 18, 2014, 05:50:16 PM
You could check localbitcoins for people who buy btc for paypal.

Is it safe? Isn't US only?

It's not US only, it's worldwide.

They escrow the transaction and you release the btc when you have your money in your account.

I can't vouch and say it's 100% safe, but I use it often and it's been great. Also people have feedback you can check before dealing with them.


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 18, 2014, 05:59:05 PM
You could check localbitcoins for people who buy btc for paypal.

Is it safe? Isn't US only?

It's not US only, it's worldwide.

They escrow the transaction and you release the btc when you have your money in your account.

I can't vouch and say it's 100% safe, but I use it often and it's been great. Also people have feedback you can check before dealing with them.

Sounds legit to me :)

Now let's wait until it comes back up...

And one more question, how long does it usually take to sell/exchange them(btc)?

Thanks


Title: Re: Convert Bitcoin to Paypal USD
Post by: asimoshe on May 20, 2014, 05:37:55 PM
You could check localbitcoins for people who buy btc for paypal.

On what exchange rate they work? And how much they take a commission on every conversion to dollars?


Title: Re: Convert Bitcoin to Paypal USD
Post by: Maidak on May 20, 2014, 05:42:51 PM
https://bitcointalk.org/index.php?topic=273034.0 I can help whenever your looking.


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 20, 2014, 08:40:39 PM
You could check localbitcoins for people who buy btc for paypal.

On what exchange rate they work? And how much they take a commission on every conversion to dollars?

And went to the site myself, and as i said b4: It seems legit.

Basically, it depends on the buyer/seller if you will or won't need to pay extra fees on paypal.

I saw this dude: https://localbitcoins.com/accounts/profile/Naxyjda/

But the price is too high to be true... Even if you consider that btc is growing again(no clue on that).

And btw, i'd only sell btc to ppl with 100+ transactions and ALL of them positive.


Title: Re: Convert Bitcoin to Paypal USD
Post by: Skele on May 21, 2014, 12:02:41 AM
Btc-e has a service where you can withdraw btc to paypal.


Title: Re: Convert Bitcoin to Paypal USD
Post by: trader001 on May 21, 2014, 01:54:00 AM
Using paypal from non reputable source is usually asking for trouble.


Title: Re: Convert Bitcoin to Paypal USD
Post by: sannian on May 21, 2014, 02:14:15 AM
Btc-e has a service where you can withdraw btc to paypal.

Is it true?  Then it is worldwide


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 21, 2014, 02:06:11 PM
Btc-e has a service where you can withdraw btc to paypal.

Is it true?  Then it is worldwide

Yes but you'll need at least $500.00 to be able to withdraw the money using Paypal.


Title: Re: Convert Bitcoin to Paypal USD
Post by: BitcoinTraders on May 21, 2014, 05:23:58 PM
I exchanged my BTC to Paypal with BenAnh!
He was trustworthy and fast!
If you can't exchange it with trusted websites send he a PM!


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 21, 2014, 09:35:39 PM
I exchanged my BTC to Paypal with BenAnh!
He was trustworthy and fast!
If you can't exchange it with trusted websites send he a PM!
For how much?


Title: Re: Convert Bitcoin to Paypal USD
Post by: V6ser on May 21, 2014, 09:54:01 PM
You could check localbitcoins for people who buy btc for paypal.

Is it safe? Isn't US only?

It's not US only, it's worldwide.

They escrow the transaction and you release the btc when you have your money in your account.

I can't vouch and say it's 100% safe, but I use it often and it's been great. Also people have feedback you can check before dealing with them.

Can you indicate someone you already bought from? Please, i really want don't know who to trust on this site. I saw this dude(drewster) that i found out he was a scammer by searching for him here on btctalk... And he has 100+ trades and all of them with positive feedback. If i can't trust ppl with 100+ positive feedback, who am i supposed to trust then?


Title: Re: Convert Bitcoin to Paypal USD
Post by: joeventyra on May 21, 2014, 10:51:52 PM
You could check localbitcoins for people who buy btc for paypal.

Is it safe? Isn't US only?

It's not US only, it's worldwide.

They escrow the transaction and you release the btc when you have your money in your account.

I can't vouch and say it's 100% safe, but I use it often and it's been great. Also people have feedback you can check before dealing with them.

Can you indicate someone you already bought from? Please, i really want don't know who to trust on this site. I saw this dude(drewster) that i found out he was a scammer by searching for him here on btctalk... And he has 100+ trades and all of them with positive feedback. If i can't trust ppl with 100+ positive feedback, who am i supposed to trust then?

use exchanges. most of them offer higher prices than any day user.
if you want to trade bigger bitcoin amounts PM me. you won't be selling it to me no worries, just you can use my referral link so we can both get some extra profit.


Title: Re: Convert Bitcoin to Paypal USD
Post by: BitSimple_Support on May 21, 2014, 10:56:15 PM
Can you indicate someone you already bought from? Please, i really want don't know who to trust on this site. I saw this dude(drewster) that i found out he was a scammer by searching for him here on btctalk... And he has 100+ trades and all of them with positive feedback. If i can't trust ppl with 100+ positive feedback, who am i supposed to trust then?

If your PayPal account is verified we can include you in a beta test of adding support for international users at BitSimple.  Send me a PM for details.  PayPal payments are trivial to reverse, never accept PayPal funds from someone you don't have confidence will honor the trade.


Title: Re: Convert Bitcoin to Paypal USD
Post by: joeventyra on May 21, 2014, 11:03:30 PM
If your PayPal account is verified we can include you in a beta test of adding support for international users at BitSimple.  Send me a PM for details.  PayPal payments are trivial to reverse, never accept PayPal funds from someone you don't have confidence will honor the trade.


the payments of www. btcpromo.net go through their partner Virwox so there is no need to worry about that.
You can see that on the video here: http://www.youtube.com/watch?v=v8HKrDlozNY


Title: Re: Convert Bitcoin to Paypal USD
Post by: Harley997 on June 11, 2014, 01:13:02 AM
I need to sell 0.332 BTC real quick but since most exchange btc -> USD(Paypal) sites are now offline, and i really don't trust formal exchange with users(they did it before they can do it again), i don't know where to sell them without paying an 11+% fee on VirWox converting BTC to SLL then SLL to USD...

Does anyone know a place where it's safe, quick(relatively) and cheap to covert my bitcoins? I know it's asking for too much, but there were places like this before, why not now?

Thanks for reading.

EDIT: And btw, I don't live in the US as well so i can't use sevices like Bitsimple :/

I apologize for my english.

Localbitcoins would probably be best.

Just remember "seller beware" as paypal can generally be easily reversed and BTC payments are for all intensive purposes impossible to reverse.


Title: Re: Convert Bitcoin to Paypal USD
Post by: m3 on July 06, 2014, 10:23:55 PM
yes localbitcoins is your best bet. Just make sure to find a trusted seller/buyer. For a detailed tutorial on how you can convert paypal to bitcoin and vise versa try http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/ (http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/)