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Author Topic: how to buy bitcoins by paypal or credit card? better low cost  (Read 936 times)
supercanada1 (OP)
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July 31, 2015, 09:17:41 PM
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thanks
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 31, 2015, 09:19:03 PM
 #2

You're not likely to find this deal, especially without a trust rating.
This is because both PayPal and credit card transactions can be reversed, which is risk for the seller. You'll likely see steep markups to offset that risk.

I have recently become active again after a long period of inactivity. Cryptographic proof that my account has not been compromised is available.
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July 31, 2015, 09:19:21 PM
 #3

You can use LocalBitcoins for PayPal and you can refer to this

I can't vouch for any service in particular as I've never used any.

You can also try the forums
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July 31, 2015, 09:57:51 PM
 #4

Depends where you are. If you're in the US then circle.com should be the cheapest option with a card. Paypal will always be a bitch. Virwox.com is your best bet for that but it'll be very expensive.
edric
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July 31, 2015, 10:44:46 PM
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There is a P2P lending/trading site that recently introduced bitcoin purchases with credit cards and possibly other methods.  They charge a small fee but it looked reasonable.  The company claims to be regulatory compliant and has a pretty good reputation.  Here is a referral link...

 https://btcpop.co/Home/1748/bitcointalk

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July 31, 2015, 10:51:57 PM
 #6

Check my signature, 247exchange is definitely the best and most affordable and fastest way if you are outside of US!
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July 31, 2015, 10:52:41 PM
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I bought some coins once using VirWox with paypal, pretty fast, but forget about lower cost using Paypal. The fees where high, definitely not worth it unless you need quick Bitcoins.
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August 01, 2015, 12:15:19 AM
 #8

Paypal and credit card payments can be charged back or reversed. Bitcoin payments cannot. Hence anyone selling bitcoins and accepting paypal or credit card will get scammed and go bankrupt eventually. It's inevitable.

Get used to it. Paypal and credit card are such ridiculously oldfashioned crappy fraud-sensitive payment methods, they're doomed to go extinct sooner or later.

In theory, there's no difference between theory and practice. In practice, there is.
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August 01, 2015, 04:27:05 AM
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Virwox.com is an option but they add charges that will increase the amount you need to pay for BTC at least with them i guess you are safe with currency exchange scammers out there
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August 01, 2015, 09:52:39 AM
 #10

Virwox.com is an option but they add charges that will increase the amount you need to pay for BTC at least with them i guess you are safe with currency exchange scammers out there

It's the only site I know to buy bitcoins with PayPal but the fees will kill you hehe
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August 01, 2015, 09:55:22 AM
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Paypal and credit card payments can be charged back or reversed. Bitcoin payments cannot. Hence anyone selling bitcoins and accepting paypal or credit card will get scammed and go bankrupt eventually. It's inevitable.

Get used to it. Paypal and credit card are such ridiculously oldfashioned crappy fraud-sensitive payment methods, they're doomed to go extinct sooner or later.

If anyone ever find a better metode of payments i am sure credit card will disapear. To bad noone has come up with a solution yet.
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August 01, 2015, 11:52:18 AM
 #12

If anyone ever find a better metode of payments i am sure credit card will disapear. To bad noone has come up with a solution yet.
What Huh

The solution is already here: Bitcoin. It's better than paypal and credit card in every way imaginable. Except for the banks, they lose.

In theory, there's no difference between theory and practice. In practice, there is.
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August 01, 2015, 12:07:39 PM
 #13

Virwox.com is an option but they add charges that will increase the amount you need to pay for BTC at least with them i guess you are safe with currency exchange scammers out there

It's the only site I know to buy bitcoins with PayPal but the fees will kill you hehe

That is true.
You can deposit using PayPal and VISA.
They used to accept Neteller too before.

You can also try circle.com for buying using a credit card, and I thing cex.io accepts credit cards too.
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August 01, 2015, 03:05:49 PM
 #14

If anyone ever find a better metode of payments i am sure credit card will disapear. To bad noone has come up with a solution yet.
What Huh

The solution is already here: Bitcoin. It's better than paypal and credit card in every way imaginable. Except for the banks, they lose.

there isnot  enough trust on bitcoin yet, otherwise you can't get response like that

@OP
i don't know why there are still people that search for paypal--->bitcoin or the opposite when you can buy on exchange very easily and in few minutes without risking anything

using bitcoin with paypal would work only with small amount, do not expect anywone to trust a random user on the internet or even in real life for that matter, with a big amount, when we all know that one of the two is very reversible
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August 01, 2015, 03:28:06 PM
 #15

If anyone ever find a better metode of payments i am sure credit card will disapear. To bad noone has come up with a solution yet.
What Huh

The solution is already here: Bitcoin. It's better than paypal and credit card in every way imaginable. Except for the banks, they lose.

How can an inconvenient payment system without chargeback and trust from merchants and common users be better? For me it is even more expencive to use since i am not used to fees on transactions.
Mickeyb
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August 01, 2015, 03:32:54 PM
 #16

The easiest way is through virwox, but there, you will have many limits (you can buy low amounts in the first weeks) as a new account and you will pay huge fees.

Try localbitcoins with paypal, but even there you have to verify yourself and you will pay from 15-20 percent higher than on the exchange.

As for the credit card, I would use cex.io but you will have to do verification, maybe even selfie or video chat in order to get verified.

As you can see, you have choosen 2 of the hardest methods to buy bitcoins, for that you will have to either pay much more or you will have to do thorough verification.

Cheers!
ranochigo
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August 01, 2015, 03:34:26 PM
 #17

Buying Bitcoin by paypal or credit cards are hard as they can be easily charged back. However, there are still people offering to exchange them. You can try looking for them at the currency exchange board but beware of potential scammers. I have personally used this . The process is quite long but it's more or less quite fast. Otherwise, try looking at localbitcoins.com.

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BitcoinNewsMagazine
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August 01, 2015, 04:04:36 PM
 #18

See Buy Bitcoin Using Credit Card Pro Tips Today for details on how to use Paypal or a credit card to buy bitcoin latest information.

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Keep it dense, yeah?


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August 01, 2015, 04:14:41 PM
 #19

You are better off going through a bank transfer-based service like localbitcoins.

Having said this, Bittylicious accepts credit card payments for Bitcoin, currently priced a around £206.

Worth checking to see if their service is available in your country.

Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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August 01, 2015, 04:44:37 PM
 #20

If you are Scandinavian its easy. Buy with card, Mobile Pay, etc.

For example here: http://copenhagenbitcoin.dk/
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