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Author Topic: You can now fund your paypal account with bitcoins  (Read 2186 times)
Bitcoininspace (OP)
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October 15, 2015, 06:12:40 PM
 #1

More about it here:

https://www.coinimal.com/trades/sell/paypal

This is a big step for the btc community I believe. Smiley
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October 15, 2015, 06:18:45 PM
 #2

Looks like you are trying to advertise your site here for getting quick traffic in the form of discussion. It's not a news or any new thing. 


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October 15, 2015, 07:29:37 PM
 #3

It may well be of use to plenty of folks. Coinimal is a well established setup. Not my idea of fun but loads of people seem to be looking for this.
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October 15, 2015, 07:55:27 PM
 #4

This will be useful to a lot of members! The biggest problem with selling bitcoin for paypal is chargeback. If this site is trustworthy, it will not apply for chargeback making the deal very safe. Before this, people can only sell to trusted members at below market rate.

How established is Coinimal? Haven't heard of it before.
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October 15, 2015, 07:58:32 PM
 #5


How established is Coinimal? Haven't heard of it before.

I always find googling this is a good metric - site:bitcointalk.org coinimal

1330 results which is more reassuring than your average fly by night operation.
codishmumu
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October 15, 2015, 07:58:38 PM
 #6

Looks like you are trying to advertise your site here for getting quick traffic in the form of discussion. It's not a news or any new thing. 


To me it's news. Then again, anything bitcoin related is news. I knew nothing of this currency. I'm here by accident.

I needed to transfer my bitcoins to PayPal, but it doesn't matter anymore.
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October 15, 2015, 08:06:36 PM
 #7

You use a 3rd part to fund your account with BTC. There is always the risk of chargebacks.

I wish the day when you can fund paypal with BTC, because several places only accept paypal and not BTC. When I send money abroad I pay taxes, I could avoid it with BTC
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October 15, 2015, 08:39:47 PM
 #8

What about the other way? Can I use my paypal to buy some Bitcoin?
Mickeyb
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October 15, 2015, 09:12:32 PM
 #9

What about the other way? Can I use my paypal to buy some Bitcoin?

No you can't! It's too risky for a seller and nobody with right mind will ever offer this! Also PayPal hates Bitcoin, so they will use every case possible to chargeback gladly when someone scams and asks for a chargeback.

This is a handy service for people that need to sell their coins quickly and pay something with PayPal or transfer funds to some other PayPal user that is not familiar with Bitcoin.
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October 15, 2015, 09:18:13 PM
 #10


How established is Coinimal? Haven't heard of it before.

I always find googling this is a good metric - site:bitcointalk.org coinimal

1330 results which is more reassuring than your average fly by night operation.

Also to add on the top of the Google search, an owner of Coinimal.com is a seasoned bitcoiner and a user of this forum. His handle is TwinwinnerD and he is also an escrow of the forum.

So if you are going to use his escrow and you can see his reputation and trust rating, I am sure you can trust his exchange to send you PayPal funds for your coins.
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October 15, 2015, 09:20:48 PM
 #11

What about the other way? Can I use my paypal to buy some Bitcoin?

You can try your luck in the currency exchange sub section of the forum here ; https://bitcointalk.org/index.php?board=53.0  but considering that most of the people will
only deal with trusted members when accepting paypal, i wouldn't hope too much.

Regarding to op; It was never a problem to get paypal for your bitcoins, as many members offer it here on forum, and you can even ofen get a better rate than market one.
The news would be if someone would offer a web service that this user i quoted above asked (pp>btc), which isn't happening soon.
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October 15, 2015, 09:22:01 PM
 #12

The CEO of coinimal is already addressing any of members concerns.
Discussion here: http://bitcointalk.org/index.php?topic=1209239




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TwinWinNerD
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October 15, 2015, 10:49:53 PM
 #13

If you still have any questions/concerns, I am the CEO of the service in question. Happy to answer to you!

Regards

RussianRaibow
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October 15, 2015, 10:54:41 PM
 #14

More about it here:

https://www.coinimal.com/trades/sell/paypal

This is a big step for the btc community I believe. Smiley

There is already a topic on it with extensive discussion - https://bitcointalk.org/index.php?topic=1209239.0

It is better if you please lock this one.

I AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMER
christycalhoun
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October 15, 2015, 10:58:56 PM
 #15

The amount you offer seems kind of low. Still, I wish you luck. It is risky to run an exchange with Paypal.

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October 15, 2015, 11:00:20 PM
 #16

The amount you offer seems kind of low. Still, I wish you luck. It is risky to run an exchange with Paypal.

The price you get is the current market price on Kraken.com. How can this be considered low? (Maybe I am missunderstanding your concern)

As we don't sell Bitcoin for PayPal, there isn't much risk involved.

Bitcoininspace (OP)
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October 16, 2015, 12:59:15 AM
 #17

Looks like you are trying to advertise your site here for getting quick traffic in the form of discussion. It's not a news or any new thing. 



No. I have no correlation with the site or its owners in any way, I just thought it would be news to some people as it was news for me as well.
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October 17, 2015, 08:25:13 AM
 #18

Any bodies was tried ?  Roll Eyes
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October 17, 2015, 08:30:47 AM
 #19

I can sell my coins for PayPal, but I cannot BUY coins with PayPal. Any chance this will change?
kostya.ash
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October 17, 2015, 09:00:17 AM
 #20

I can sell my coins for PayPal, but I cannot BUY coins with PayPal. Any chance this will change?
actually you can perform any transaction either buy or sell, it is very easy to find here https://bitcointalk.org/index.php?board=53.0  Grin
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