Bitcoin Forum

Economy => Currency exchange => Topic started by: nedbert9 on April 09, 2012, 12:51:22 PM



Title: Bridging Credit to BTC
Post by: nedbert9 on April 09, 2012, 12:51:22 PM

Aside from the potential folly of doing so, I have a need to leverage line of credit to obtain BTC.  Yes, a large amount of BTC.

So, the standard Paypal merchant/goods/services transaction is a no go due to scamming, chargebacks and frozen accounts.  Understood.

I've seen a couple of ideas batted around here on using Paypal and a gift transaction to avoid the chargeback situation.  Of course, this has it's risks.


Any other ideas out there?



Title: Re: Bridging Credit to BTC
Post by: Stephen Gornick on April 09, 2012, 06:49:04 PM
Yes, a large amount of BTC.

Bank wire to an exchange then is the fastest and cheapest (for large amounts) method.


Title: Re: Bridging Credit to BTC
Post by: gusti on April 09, 2012, 07:26:37 PM
western union
 


Title: Re: Bridging Credit to BTC
Post by: arby on April 09, 2012, 09:02:27 PM
bank wire is widely accepted and i think has the lowest fees, but be sure you use a trusted exchanger, because like western union, moneygram, and some others it can be cashed out quickly, and you will not be able to get your money back.


Title: Re: Bridging Credit to BTC
Post by: zer0 on April 09, 2012, 10:35:28 PM
Bank wire to cryptoxchange probably cheapest method depending what fees your bank charge.
Or Gox