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Author Topic: Help transfering BTC to Paypal  (Read 647 times)
blade19941 (OP)
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May 29, 2016, 06:19:59 PM
 #1

Hey all.

What is the safest and fastest way to transfer BTC from my wallet to my Paypal account so that it reflects as dollars?

Thanks in advance
achow101
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May 29, 2016, 06:27:37 PM
 #2

You cannot. Bitcoin doesn't just "transfer" to PayPal, nor does PayPal accept Bitcoin. You have to find someone who is willing to send you PayPal in exchange for your Bitcoin. However, if you do find such a person, you have to be careful as PayPal is reversible, unlike Bitcoin. This means that someone could send you PayPal, take your Bitcoin, and then do a chargeback and take the PayPal back. Only trade with people you trust or you think are trustworthy based on their past trades.

You can check LocalBitcoins or the Currency Exchange section here to see if there is anyone willing to do such a trade with you.

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May 29, 2016, 06:29:11 PM
 #3

Bitcoin to Paypal is dangerous for you, as chargebacks are possible.

The best method I would recommend would be checking the Currency Exchange subforum and looking for anyone with a large amount of trust. (Trust usually means 10s of thousands of $ of BTC traded, atleast 20+ BTC)

LocalBitcoin is a potential way to exchange too, but I usually find the prices there either exorbitant or there aren't too many people with enough trust.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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May 29, 2016, 06:32:00 PM
 #4

you are gonna want to sell your BTC to a trusted user on the forum. Use an escrow and have him give you the funds while giving the BTC to the other user. there is no payment gateway that will exchange btc for paypal. at least as far as i know.

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blade19941 (OP)
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May 29, 2016, 06:37:14 PM
 #5

Perhaps a withdrawal through CEX.IO back to my bank card?
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May 29, 2016, 08:05:06 PM
 #6

Perhaps a withdrawal through CEX.IO back to my bank card?

Yup, and then transfer from bank to paypal. You could also use Circle, it's pretty fast.

If you want to sell BTC and get paid directly to paypal, you could use Coinimal.com (for Europe), but be aware that it could take a little while, and that PayPal will rip you off on any foreign currency conversion (ie EUR to GBP)



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wintermeasures
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May 29, 2016, 08:07:08 PM
 #7

Hey all.

What is the safest and fastest way to transfer BTC from my wallet to my Paypal account so that it reflects as dollars?

Thanks in advance

Hey, in my knowledge there is no way bitcoin transfer to paypal or paypal to bitcoin. But there are other ways to move your bitcoin balance to paypal, by buying paypal with bitcoin. sites that I uses is https://localbitcoins.com/
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May 29, 2016, 08:37:17 PM
 #8

Hey all.

What is the safest and fastest way to transfer BTC from my wallet to my Paypal account so that it reflects as dollars?

Thanks in advance

Hey, in my knowledge there is no way bitcoin transfer to paypal or paypal to bitcoin. But there are other ways to move your bitcoin balance to paypal, by buying paypal with bitcoin. sites that I uses is https://localbitcoins.com/

It is due to paypal not supporting BTC as a payment method.  So you would rely on a 3rd party to get it there.  I HIGHLY advise avoiding this as using another person is very risky. 

What scares so many off is person who buy's your BTC with paypal can get the BTC then open a claim.  They can say you did not send it, or there acount was compromised, etc.  And sadly in most cases the scammer will win in paypal.  I highly recommend finding a good exchange, really we need to know your country to help on that.
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May 29, 2016, 09:05:17 PM
 #9

You cannot. Bitcoin doesn't just "transfer" to PayPal, nor does PayPal accept Bitcoin. You have to find someone who is willing to send you PayPal in exchange for your Bitcoin. However, if you do find such a person, you have to be careful as PayPal is reversible, unlike Bitcoin. This means that someone could send you PayPal, take your Bitcoin, and then do a chargeback and take the PayPal back. Only trade with people you trust or you think are trustworthy based on their past trades.
This explains everything, be very carefull about that. Safer would be to sell on exchange, transfer to bank account and from your bank account to paypal. 100% safe way.
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June 06, 2016, 02:35:50 AM
 #10

No you cant.You can buy or exchange paypal to bitcoin on some site but not bitcoin to paypal credits.But in other hand dont lose hope,you can still exchange your bitcoin to paypal credits just find someone who is trusted enough for exchanginh your bitcoins to his paypal.But be careful on trading trade only on person you can trust or get an escrow because anytime he can take your bitcoins and same as money he sent to you.

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BitcoinSupremo
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June 06, 2016, 06:18:45 AM
 #11

Actually this is quite easy if you know where to look, but let me help you with that, you can convert your BTC to Paypal in any good online exchanger.
The one I use and never had a single problem with them is www.payexchanger.com , actually I exchanged my BTC to SKRILL which had higher fee than converting to Paypal.
Just go there register and exchange your BTC, you have to wait 15 minutes up to 24 hours for the exchange to be completed.
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