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Author Topic: What is best bitcoin exchange service for paypal?  (Read 1013 times)
Dragonknigh (OP)
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August 05, 2015, 02:59:14 PM
 #1

Title says it all
Mayuyu48
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August 05, 2015, 03:02:37 PM
 #2

only few exchanges accept paypal, you can try virwox. but fees are high.
Or you can find trusted member here for paypal / BTC transaction here : https://bitcointalk.org/index.php?board=53.0
reversible payment like paypal isn't good for bitcoin transaction

BillyBobZorton
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August 05, 2015, 03:12:37 PM
 #3

Title says it all


Forget about Virwox, insane fees, and forget about Paypal, you'll most likely get scammed.

If you want to exchange coins for BTC or for FIAT without needing an endless paperwork, your best and probably only beet is meeting with someone from LocalBitcoins IRL and do the transaction on there. All other methods need that you present credentials to the exchanges if you want to deal with fiat.
LiteCoinGuy
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August 05, 2015, 03:31:59 PM
 #4

use Coinbase, Bitstamp, Kraken, Itbit

srgkrgkj
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August 05, 2015, 04:16:22 PM
 #5

localbitcoins is the most used and popular site to exchange btc for fiat and there are plenty of people covering lots of countries so you wont be left out in the cold Cheesy

jeannemadrigal2
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August 05, 2015, 04:40:15 PM
 #6

+1, skip paypal they are crooks, and go with LBC.  Or you can do ach transfer from your bank to coinbase.  Their fee is a high 1%, but if you are trading small amounts then it is not too bad.  If you have larger amounts like 1000's of dollars then a wire transfer to an exchange with low fees will be the way to go. 
newflesh
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August 05, 2015, 08:21:04 PM
 #7

Bitcoin and paypal aren't the best of friends, future chargebacks make it one of the riskiest ways of exchanging (up to 180 days after a paypal transaction). I'd avoid at all costs.
Kazimir
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August 05, 2015, 08:27:35 PM
 #8

Paypal is inherently 100% unsuitable to trade bitcoins.

Paypal is unsafe, can be reversed, and full of scammers, thieves and frauds. My advance would be to not use Paypal at all, especially not when dealing with Bitcoin.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
wadili89
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August 05, 2015, 08:49:16 PM
 #9

Virwox is the most used and there are few more but the fees are insane high not worth it

i always convert my bitcoins to fiat (paypal) throw some guys here at the forum they are trusted with 0 fee even you will get few extra cash between 3% to 8% try looking at currency exchange section

ultimo_dragon
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August 05, 2015, 08:51:33 PM
 #10

+1, skip paypal they are crooks, and go with LBC.  Or you can do ach transfer from your bank to coinbase.  Their fee is a high 1%, but if you are trading small amounts then it is not too bad.  If you have larger amounts like 1000's of dollars then a wire transfer to an exchange with low fees will be the way to go. 

No way you can really consider 1% high. Coinbase can easily charge way more for the services that they provide and people would still gladly pay.
kevindurant
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August 05, 2015, 08:54:16 PM
 #11

use Coinbase, Bitstamp, Kraken, Itbit

None of them accept Paypal payments.

Your only choice in exchange sites is Virwox but I don't recommend it. Just find a guy from localbitcoins or post a thread in Currency Exchange section.

LFC_Bitcoin
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August 05, 2015, 10:26:57 PM
 #12

use Coinbase, Bitstamp, Kraken, Itbit

This ^^

localbitcoins is the most used and popular site to exchange btc for fiat and there are plenty of people covering lots of countries so you wont be left out in the cold Cheesy

And this ^^



Forget about using PayPal, they're a joke. Fees are ridiculous & we (bitcoin) are trying to put them & organisations like Western Union out of business.

Use a trusted exchange or buy bitcoin from members here, use an escrow.

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Pursuer
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August 06, 2015, 05:43:41 AM
 #13

I think the best way to exchange with paypal is to find someone on this forum who is legit with good and not fake history with positive trusted feedback

Only Bitcoin
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August 06, 2015, 08:39:55 AM
 #14

Do local exchange you can do this here on forum or on some other forum also you can forget about paypal they have huge rates



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August 06, 2015, 06:54:05 PM
 #15

Depends on where you come from. in europe, i would recommend bitstamp at most.
camelson
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August 06, 2015, 06:56:13 PM
 #16

I think my Service is Best and Trusted, if you want to exchange Paypal, Only Trusted Person: https://bitcointalk.org/index.php?topic=1144857.0
Trusted Person are welcomed to exchange their PP.
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August 07, 2015, 11:06:04 AM
 #17

You will not find too many PayPal exchangers. First of all, they all charge 15-20% more than the average price and they justify this by high risk and a lot of chargebacks.

If you really insist on buying bitcoins like this, than use localbitcoins, virwox or maybe the best is to try and to find a seller on this forum, go to currency exchange sub thread and make an ad. This will be complicated though, I repeat, people are afraid of Paypal.
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August 07, 2015, 12:49:02 PM
 #18

besides virwox, I know there are two namely https://www.uciex.com/index.php and https://e-pincard.com/

but I have not used both, you can try it  Smiley
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August 08, 2015, 03:24:56 AM
 #19

Use the coinbase.

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