Bitcoin Forum

Other => Beginners & Help => Topic started by: Sorce on June 13, 2012, 12:10:53 AM



Title: some questions about bitcoin trading
Post by: Sorce on June 13, 2012, 12:10:53 AM
hello, I am trying to get into buying and selling bitcoins.  Are there some fraud proof ways of using a credit/debit card to buy bitcoins? for example, using my card to buy a gift card or some other kind of good online and selling that to someone? what are some of the most commonly traded goods?

or is there an exchange i can use verified paypal and the like to buy coins?

thanks in advance!


Title: Re: some questions about bitcoin trading
Post by: Cookie_Monster on June 13, 2012, 01:03:35 AM
A lot of people will not sell Bitcoins via Paypal due to the possibility of the transaction being reversed, I have seen a couple of people sell coins if the Paypal payment was a gift I haven't looked into it much beyond that. Another way to buy Bitcoins off of people would be to sell gift card codes for Amazon or some other online store I have used a prepiad debit gift card to buy codes from Amazon without a problem.


Title: Re: some questions about bitcoin trading
Post by: Sorce on June 13, 2012, 01:41:37 AM
yeah, i see steam games seem to be popular as well. any other ideas for convenient buying of bitcoins with methods such as credit cards?


Title: Re: some questions about bitcoin trading
Post by: Stephen Gornick on June 13, 2012, 10:44:11 AM
or is there an exchange i can use verified paypal and the like to buy coins?

There are very few options with PayPal as payment because PayPal expressly prohibits a merchant to use PayPal for the sale of Bitcoins.  Additionally, because the payment can be charged back easily, merchants that do have some angle must charge a higher fee to do so.

 - http://bitmint.weebly.com/buy.html

With VirWoX you can buy SLL using PayPal, then trade SLL for BTC:
 - http://www.VirWoX.com

Physical Bitcoin, paid for with credit card:
 - http://memorydealers.com/catalogsearch/result/?q=bitcoin