Bitcoin Forum

Hi

I am receiving Bitcoins now through Virwox as I can cash them into Paypal, but it is quite expensive.

Does anybody know any cheaper methods to get it into Paypal?

Thanks

because of Paypal's policies, very few companies will work with them to service bitcoin payments. Virwox is the only such service i know, to be honest.

Not really a good idea to use paypal for crytocoin as payment can be reversed.

If you want to convert bitcoins to paypal, you get the cheapest and best at localbitcoins.com. But find some trusted guy with 100+ feedbacks.

Beware with new guys who ask request.

In case you haven't used it, yeah. I also recommend localbitcoins.com, it's sorta kinda the closest thing we got to a 'decentralised' exchange.

You can find people buying bitcoin with paypal on localbitcoins and currency exchange section here on bitcointalk.
You should only trade with highly trusted people, to avoid getting chargeback. :)

Have you tried cryptothrift.com? There is a user named cointrade he will exchange your bitcoin to paypal. I use his service many times. He is an longtime trusted exchanger he came from bitmit.

https://cryptothrift.com/?a_action=user_profile&post_author=462

create a threat in the currency exchange section, ma be someone will help you, trade with members of high trust rating.

btctopp.com is legitimate. I tested those guys with 0.1 BTC and received my PayPal in approximately 25 minutes.

Did a bit of research before diving in. Use the search function.  ;)

Found the thread https://bitcointalk.org/index.php?topic=294598.0 with search.
There were some good reviews in Sept and Oct 2013.
But since then, no one has commented for 8 months until an account with negative trust commented on Jun 18.

It seems very few people have used it in the past months...

Sorry

I am really new to this, what other ways are there to cash out securely?

There might be a few trading PayPal for BTC on localbitcoin. It is very risky since charge backs can happen. If possible find a trusted and reputatable member on BTCtalk and trade BTC for PayPal, no guarantees he will not charge back but it have a power chance. I think BTC-e offer this option too.

btc-e offered to cashout with paypal too.

I know that in the past they offered the option to withdraw to Paypal, but do they still do? I also remember the fees and minimum amount to withdraw were not very 'user friendly'.

The fees are 7% and minimum amount is 500USD, quite alright considering that it doesnt require verifications and lower trading fees.

Found a few persons with feedback buying bitcoin for paypal in the "Currency Exchange" subforum for you.

https://bitcointalk.org/index.php?topic=338812.0
https://bitcointalk.org/index.php?topic=524457.0
https://bitcointalk.org/index.php?topic=644121.0

I haven't used any of their services, and don't know if they are legit.

Are there any safe ways to buy bitcoin with Paypal? I've heard of people getting ripped off trying to buy them on Ebay.

buy from Virwox, sure you'll get your bitcoin safely
or try to choose 1 of trusted seller link above your posts
good luck

where did you find that statement mate?
i can't find it
he only ask any safe ways to buy BTC with pay*fucking*pal

are TheJunkieMonkey and Rancidgash same person? ???
i quoted and answered Rancidgash post anyway

Thanks for the info, I'm not TheJunkieMonkey btw, my bad for thread-jacking  ;D

Yea fees on Virwox are quite bad but if you trade there regularly, you gets discounts. The more you trade the less you pay in fees.
Also Okpay has exchanges that take Bitcoin and Paypal but I've never used it myself.
I just thought I'd post the link in case you wanna have a look.

https://www.okpay.com/en/partners/exchangers/detail.html?id=OK860757946

Virwox is the safest and easiest I could find.
I use them a lot. Never had a problem.
The only drawback is the fees.

 localbitcoins.com, is a better option on decentralised' exchanges so give it a try to convert your BTC.

Virwox is for sure the fastest way, but soo damn expensive on the fees,

No,as we all know due to strong paypal policies it's not possible to easily get bitcoin with paypal.But you can find some exchangers in person in your locality and buy off with them try Localbitcoins

If you really want to get Paypal, you can sell bitcoin on exchanges, withdraw the money with bank transfer and then load money in your Paypal account.

For 1 bitcoin they charge 40 dollar.

The most secure and inexpensive is to buy something. Remember, bitcoin is money. Why would you cash out money to get less money? Why did you get the bitcoin in the first place?

Not buy BTC in ebay with paypal, lots of scammers around  ::)

 I got scammed hard once when I tried to buy DOGE from ebay, the joys of being a newb.

Both eBay and Paypal don't work well with Bitcoin or any other cryptocurrencies.
It is much better to use irreversible payments like cash and MoneyGram.

Virwox is the only one I know of right now but I agree with you, the fee's are far too much to be honest. I personally will not deal with bitcoins through PayPal in any kind of way to be honest because they can so easily be reversed causing me to lose out.

The only way to do this is to ask someone that trusts you to send you money through paypal in exchange for BTC.
The reason the have to trust you is that you can reverse the transaction "chargeback".

I have a business partner who helps me out like this sometimes.

Note that paypal has to report money flowing into your account to the IRS though :) Above 2.5k euro, I believe

im confused why OP choose paypal  ???
i think its not hard to exchange btc to real money , even in some 3rd country you can find some localbitcoin

paypal era is over for me ...yes it suck use paypal now ( its only my personal opinion )

You can find people on localbitcoins.com or the thread on this forum within exchange.