Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: tasks4dollars on June 01, 2013, 12:27:41 PM



Title: Anybody selling Bitcoin for Paypal /Payza?
Post by: tasks4dollars on June 01, 2013, 12:27:41 PM
I need some Bitcoin but only have paypal or payza to exchange with.


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: RavinTavin on June 01, 2013, 12:39:28 PM
Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: tasks4dollars on June 01, 2013, 12:46:29 PM
Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: TheKoziTwo on June 01, 2013, 12:47:49 PM
Yes, you can buy bitcoin with paypal using VirWox Exchange (https://www.virwox.com).

The process is:
1. Deposit paypal
2. Buy SLL
3. Exchange SLL to BTC
4. Withdraw BTC

The limit is very low to start with, in order to prevent fraud. However after a few months it will be increased, I believe you'll be able to deposit up to $2000 per month and more on request after about 90 days.

But the fee is high, probably above 10%.

As for payza, you can use AlertExchanger (https://www.alertexchanger.com/) [I should mention, that this sites domain may soon be seized, in relation to the LR shut down].

The process is:
1. Exchange from Payza to Pecunix
2. Exchange pecunix to BTC/Mt.Gox/BTC-E using Aurumxchange (https://www.aurumxchange.com/exchange)

This process is slow, will take many days, and requires a high fee, but it works.


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: RavinTavin on June 01, 2013, 12:53:51 PM
Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away :)


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: TheKoziTwo on June 01, 2013, 12:55:47 PM
Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away :)
This is true, any paypal transaction can be reversed. Hacked accounts is used a lot more than you'd think.


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: RavinTavin on June 01, 2013, 12:59:12 PM
Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away :)
This is true, any paypal transaction can be reversed. Hacked accounts is used a lot more than you'd think.
Guess what you can buy these hacked PP accounts with... give you 2 guesses!

RT


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: ganabb on June 01, 2013, 02:54:04 PM

Beware of PayPal chargeback  .


Title: Re: Anybody selling Bitcoin for Paypal /Payza?
Post by: Birdy on June 01, 2013, 03:07:11 PM
Guess what you can buy these hacked PP accounts with... give you 2 guesses!

RT

gummy bears? :3

Most people won't do any paypal transaction for Bitcoins, unless the other one is a very trusted person (or they take some very high fees).