Bitcoin Forum

Economy => Service Discussion => Topic started by: loucat111 on December 02, 2017, 01:05:50 PM



Title: depositing USD
Post by: loucat111 on December 02, 2017, 01:05:50 PM
Do any wallets accept paypal deposits ?


Title: Re: depositing USD
Post by: stompix on December 02, 2017, 01:14:32 PM
You should really give more information when asking a question.
The most important here, where are you from.

If you're from the US then Coinbase.


Title: Re: depositing USD
Post by: Granxis on December 03, 2017, 02:27:48 AM
As far as paypal deposit is meaning, virvow can work for you, I do not recommend it because when I used it, it cost me a lot of money, and the interface is a bit complicated. VirVow is the only solution for you because there is no alternative.


Title: Re: depositing USD
Post by: treather on December 03, 2017, 06:11:00 AM
As far as paypal deposit is meaning, virvow can work for you, I do not recommend it because when I used it, it cost me a lot of money, and the interface is a bit complicated. VirVow is the only solution for you because there is no alternative.

You mean VirWox?  ;) - You are right abut their fees, It has to be one of the highest, if not the highest out there. I have to be very desperate to use it.

Coinbase is fair, but only if you live in the US, and after very strigent checks. You should also be ready to wait a few days before receiving the coins ( first transaction).


Title: Re: depositing USD
Post by: Zocadas on December 03, 2017, 09:02:16 AM
I don't know any wallets. But I used a very expensive service in the past: wesellcrypto.com with low amounts. They are not always available. The problem with paypal is, that noone, who sells crypto to unknown persons through paypal, will get cheated. Cryptocurrencies can't be taken back. Better you find another way to buy cryptos.


Title: Re: depositing USD
Post by: Thekool1s on December 03, 2017, 10:10:15 AM
Do any wallets accept paypal deposits ?

No standalone wallet will accept PayPal. In fact no wallet will accept cash either. You have to go through an exchanger. Whether it's coinbase, local bitcoins or virwox. You are going through an exchange one way or another. You can't magical convert your dollars to bitcoins. That's what i am trying to say here. Also many people won't accept PayPal because the payments can be reversed. Unless they trust you obviously then you are good to go.


Title: Re: depositing USD
Post by: LeGaulois on December 03, 2017, 10:16:30 AM
There isn't any wallet accepting deposits from Paypal and if you find one it will be suspicious.

Exchanges currencies (not only cryptos) is a prohibited activity in the user agreement. So you risk having your account suspended for illegal activity and you can be sure that the website hasn't a business account approved by PayPal.

The company is fighting hard to avoid money laundering, to abide by the laws related to money laundering, fraudulent transactions, etc, so you can be sure it won't start to accept this anytime soon as long there are not more regulations/regulated companies (i.e. coinbase)



Title: Re: depositing USD
Post by: MakeMoneyBtc on December 03, 2017, 04:06:31 PM
There aren't any wallets that accept Paypal as a payment method to buy bitcoin because Paypal is a irreversible payment method so people can easily create a dispute and get their money back.

Paypal can anytime block your account for suspicious activity if you buy bitcoins because you are exchanging currencies wich is restricted in the terms of Paypal. They are going to consider this money laundering.

If Paypal is the only method you can buy Bitcoin, than you can find on this forum some reputable members that will sell you bitcoin for Paypal. The exchanging rate will be a lower because as I said Paypal is a irreversible payment method and the sellers are exposing to big risks by receiving huge amounts of money in Paypal because it will look suspicious


Title: Re: depositing USD
Post by: 949miner on December 03, 2017, 07:11:07 PM
Why sould a wallet accept PayPal? Because it would be accepting fiat, not cryptos.

Do any wallets accept paypal deposits ?

The best thing that you can do is just go to an exchange who allows you to send paypal and receive bitcoins on your desired address, but this would be a difficult task because no one accepts paypal.

Just look out at this, you send $100, and then you receive $100 worth of btc on your wallet.

Suddenly you raise a dispute against the guy who already sent you the bitcoins. You are going to earn the dispute, of course, but he will lost the money + the bitcoins.

That is why nobody accepts paypal, and not even those wallets.


Title: Re: depositing USD
Post by: Mister1k on December 03, 2017, 07:21:58 PM
Do any wallets accept paypal deposits ?

I do not think that any online wallet providers accepting Paypal as the deposit option. Still I am not clear what is your complete query. You may elaborate it further bro, I think that you want to convert the bitcoin to paypal in any wallet. If I am right!
You have to go with the local traders in the forum or you can use the localbitcoins also because some traders are accepting paypal payment options also in their trade. But please check the trader is legit person or not by checking their feedback under his name.


Title: Re: depositing USD
Post by: Edsemen on December 03, 2017, 10:49:21 PM
Do any wallets accept paypal deposits ?

I do not think that any online wallet providers accepting Paypal as the deposit option. Still I am not clear what is your complete query. You may elaborate it further bro, I think that you want to convert the bitcoin to paypal in any wallet. If I am right!
You have to go with the local traders in the forum or you can use the localbitcoins also because some traders are accepting paypal payment options also in their trade. But please check the trader is legit person or not by checking their feedback under his name.

If we have to check for any legit trader you don't have to deal to those any single person, but the right thing to do is dealing with those sites with trusted reputations. That's better if a country have an exchanger that accepts direct dollar deposit and exchanged to digital currency holdings. Regarding paypal, I don't think it has a good service because personally linking paypal to my bank account isn't a safe method to do.