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Title: Buying BTC with Paypal Post by: MadZ on January 26, 2015, 07:53:01 AM Wasn't sure if this was the right section to post this.
Anyway, I have no experience with buying BTC for Paypal, but might be looking to do so in the near future. I was wondering what % above the exchange rate I would need to buy at, I was hoping to pay no more than +5% or so. Is this a reasonable expectation or will I have trouble finding legitimate sellers at a price like this? Title: Re: Buying BTC with Paypal Post by: Quickseller on January 26, 2015, 08:32:16 AM You generally need to be very trustrd to buy Bitcoin with PayPal. Plus 5 percent should be enough however you probably won't be able to buy large amounts.
Title: Re: Buying BTC with Paypal Post by: haploid23 on January 26, 2015, 08:41:49 AM Paypal rates widely varies from trader to trader. Somewhere between 0% to 20%. Don't expect to easily get transactions if you don't have strong trade history when it comes to paypal.
If you want the other person to receive paypal funds, a method that wouldn't require as much trust would be to go buy a paypal MyCash (https://www.paypal-cash.com/) with cash, then give the PIN to the seller. The PIN is used to load funds on the seller's paypal account. Less likely to be reversed this way. Title: Re: Buying BTC with Paypal Post by: Bejkn on January 26, 2015, 08:55:15 AM localbitcoins, but the price is more +10% than the markets :-\
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