Buying Bitcoins Through Payapal

[AlexMercer007]

What is the best safe and trusted site to buy cheap bitcoins through paypal?
Thanx...

[mexxer-2]

I guess virwox, if you want to go vice versa, i.e btc to paypal coinimal offers that.

[altcoinhosting]

I guess virwox, if you want to go vice versa, i.e btc to paypal coinimal offers that.

I would second virwox... I've used them twice...

Fair warning tough: the first trade takes a long time before they verify you, and you have to convert PP to LLD to BTC... Each step takes a fee + a withdrawal fee...
Also, only used a verified PP account, or they won't accept your deposit!

[mexxer-2]

Seeing his recent posts and his trust rating I'd say he .will be trying to scam the easiest "victim" site

[AlexMercer007]

How much will they charge? Approximately... Do they charge per bitcoin? Or an exact fee for a transaction of any amount?

[altcoinhosting]

How much will they charge? Approximately... Do they charge per bitcoin? Or an exact fee for a transaction of any amount?

It's been a couple of months since i used them, but i think it was a percentage... So you would deposit the coins for free, pay a percentage fee to exchange USD to LLD, pay a percentage fee to exchange LLD to BTC, and pay a percentage fee to withdraw the BTC.

If my memory serves me correctly, the fees were ridiculous... A number of +10% is stuck in my head (the 3 fees combined). The more often you use them, the lower the fees will get (also from memory).

Once again: i didn't verify this, virwox is rather transparant fee-wise, so you could easily look this up to make sure my memory served me correctly!

[altcoinhosting]

I guess virwox, if you want to go vice versa, i.e btc to paypal coinimal offers that.

Maybe, altough you would have to give him the benefit of the doubt.... Most of the -32 trust seems to be coming from asking the same loan amount without collateral. I've seen many newbies making this mistake... 90% of them were probably scammers, but i'm pretty sure 10% of them didn't have bad intentions, they were just to lazy and ignorant to read all the sticky's...

[AlexMercer007]

Yeah. My mistake.  
But there's a guy who is selling btc for a very cheap price in a facebook group. Is there a way to do a safe transaction with him. I'm not a millionaire so I dont like to lose what I have for virwox fees or to a random guy.  

[altcoinhosting]

Yeah. My mistake.  
But there's a guy who is selling btc for a very cheap price in a facebook group. Is there a way to do a safe transaction with him. I'm not a millionaire so I dont like to lose what I have for virwox fees or to a random guy.  

Well, as long as you're the one BUYING the bitcoins, you're in a secure spot... As long as the coins are in your account before you send the money, there is no way the coins can be charged back.
When you're the one selling the BTC, it's a totally different story, especially when accepting a reversable payment method (like paypal or visa)... but this is not the case right now.

[Mickeyb]

Paypal and bitcoins are a really bad idea. Make sure that you are using an escrow, otherwise someone will get screwed. Virwox is the only spot to where you can buy them in bigger amounts. Fees are huge, even 15%. You can try localbitcoins but users over there will ask for id's and written statements that you mist sign. Also selfish, etc.

There is another place, wesellcrypto.com. They are also selling bitcoins for Paypal.

[MinerHQ]

Yeah. My mistake.  
But there's a guy who is selling btc for a very cheap price in a facebook group. Is there a way to do a safe transaction with him. I'm not a millionaire so I dont like to lose what I have for virwox fees or to a random guy.  

If some one selling some thing which is not realist price then it is better to avoid it unless you know that person very well because it may be painful later on.