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Author Topic: Easiest way to convert money into BTC?  (Read 10556 times)
PremiumCodeX
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January 20, 2017, 09:09:30 PM
 #81

Yeah, I am looking for a similar service like BitPay, but in the reverse. I want the client to be able to pay with a fiat payment processor like PayPal and I want to receive it in BTC. So, the exchange in between should happen automatically or semi-automatically and in the anonymous way.


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January 21, 2017, 12:18:11 AM
 #82

Here in the philippines you can easily buy bitcoins using coins.ph and go to the nearest 7/11 store and buy BTC but if you're from another country and no ways to buy bitcoins using your real money or if you are using paypal you can go to localbitcoins ad find a legit bitcoin sellers and you can get a discount there.

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January 21, 2017, 12:27:42 AM
 #83

Yeah, I am looking for a similar service like BitPay, but in the reverse. I want the client to be able to pay with a fiat payment processor like PayPal and I want to receive it in BTC. So, the exchange in between should happen automatically or semi-automatically and in the anonymous way.

if you are talking about developing this type of thing, the foundation would be using both bitpay, since you chose that already and Paypal will work.  use the paypal IPN feature to, or use the url field in your paypal button setup to trigger the API for bitpay
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January 22, 2017, 12:35:02 PM
 #84

The easiest way to convert money into bitcoin is to send money for purchase into the bank account of an exchanger then after sending your documents that you have successfully transferred your money into their account your bitcoins will appear into your wallet
Here in our country, even though bitcoin is not yet popular, there are many ways to exchange fiat into bitcoin because of our wallet provider. It gives us many options such as creating a request and pay it on a popular convenience store or the leading money remittance centers.
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January 22, 2017, 03:08:01 PM
 #85

Well, the easiest way is by exchanging it in the exchanger. it is the easiest and reliable which is still used today. you just need a bit of courage to do so. if you are free to exchange it because it does not believe in the site, or the exchanger, you can try it out with a small amount
Finding exchanger is easy for another electronic payment method. But finding bitcoin sellers who will be accepting cash is too hard for me in my city. Localbitcoin is showing reasonable priced sellers are some 400 or 500 km away from my location.  I am not still finding the easy ways of buying bitcoins for cash payments.
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January 22, 2017, 03:22:01 PM
 #86

Easiest way to convert bitcoins is through local bitcoin exchanges. Yeah but one drawback is there.you have to deal with the banks for that and follow all their procedures. One more easier way is to find a person who wants to sell bitcoins directly to fiat currency. This will be more easy it bypasses all banking procedures and easily you will bitcoins. But one drawback is you should be dealing with a trusted person. Otherwise he can cheat you. So This procedure is more risky compared to the first one.

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January 22, 2017, 03:22:38 PM
 #87

Well for me, I only load up my Xapo debit card and then do the shopping from there as I, personally, don't want to hold cash on my hands and it's a hassle. Been using this method for quite some time now, and if in case I needed cash, I just go online at our local exchange and withdraw the money from an ATM. Never had it been so convenient here in the Philippines.

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January 22, 2017, 03:22:44 PM
 #88

cryptopay.me
Hi, as you mentioned this  service, I will appreciate if you could share some info. If you used Virtual debit card - is it possible without verification to make a deposit on this card from other wallet in fiat currency?

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January 22, 2017, 03:35:00 PM
 #89


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

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January 22, 2017, 03:46:58 PM
 #90


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

more than 79% of the users on localbitcoins xfer coins and fiat on the internet, how is that not online?
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January 22, 2017, 04:52:01 PM
 #91

Yeah, I am looking for a similar service like BitPay, but in the reverse. I want the client to be able to pay with a fiat payment processor like PayPal and I want to receive it in BTC. So, the exchange in between should happen automatically or semi-automatically and in the anonymous way.

if you are talking about developing this type of thing, the foundation would be using both bitpay, since you chose that already and Paypal will work.  use the paypal IPN feature to, or use the url field in your paypal button setup to trigger the API for bitpay

I think this will do work. You are asking for something which is not available. But can make it work and it will be useful too if you make it a business coz lots of people want a service like that. It is not easy to convert from crypto to Fiat that way.

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morantis
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January 22, 2017, 08:11:30 PM
 #92

Yeah, I am looking for a similar service like BitPay, but in the reverse. I want the client to be able to pay with a fiat payment processor like PayPal and I want to receive it in BTC. So, the exchange in between should happen automatically or semi-automatically and in the anonymous way.

if you are talking about developing this type of thing, the foundation would be using both bitpay, since you chose that already and Paypal will work.  use the paypal IPN feature to, or use the url field in your paypal button setup to trigger the API for bitpay

I think this will do work. You are asking for something which is not available. But can make it work and it will be useful too if you make it a business coz lots of people want a service like that. It is not easy to convert from crypto to Fiat that way.

really??  the API for bitpay will return a code once the TX has been confirmed and you script that json to parse the proper pieces of the data to the Paypal API, that is why these API's are there, so that you don't have to do the work, if you would try reading those websites docs instead of asking the same question over and over here you would have the same answer 5 times as quick
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January 22, 2017, 08:36:24 PM
 #93

I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

There are ways to convert your fiat to bitcoin and vice versa but I agree with you--it's a hassle and problems arise sometimes....as more regulation comes into effect, conversions might become easier but they will also become more intrusive   It's a trade off.  Anytime we're dealing with fiat, we will have to deal with the burdens of regulation and governmental oversite which impedes the process. That's why we love bitcoin....it takes out the "trusted third paries" and makes things easier....but for now we will still have to deal with those third parties in some way. Having said that, I never convert my bitcoin to fiat or vice versa....I keep them separate.

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January 23, 2017, 01:34:44 AM
 #94

I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

There are ways to convert your fiat to bitcoin and vice versa but I agree with you--it's a hassle and problems arise sometimes....as more regulation comes into effect, conversions might become easier but they will also become more intrusive   It's a trade off.  Anytime we're dealing with fiat, we will have to deal with the burdens of regulation and governmental oversite which impedes the process. That's why we love bitcoin....it takes out the "trusted third paries" and makes things easier....but for now we will still have to deal with those third parties in some way. Having said that, I never convert my bitcoin to fiat or vice versa....I keep them separate.

the problems arise when someone wants a particular thing done, but applies rules and stipulations to what they want done.  we have a constant stream of clients that request if we can perform service X and we tell them yes and here's how we will do it, the customer replies that they don't want it done that way and they want it done THIS way.  this is why the customer is no longer right in most businesses, because for years the average customer base has become a whinny, immature class of people.  they constantly break minor laws, inconvenience others and all based on a completely self-centered life.  "it is ok for me to illegally park here, because i just need to use the ATM..."  the most powerful word in the english language, capable of minimizing broken laws, hurt people and all manner of inappropriate behavior is JUST.  there is NEVER a good reason to violate a law.  do our clients sometimes break the law? oh yes, they do, but the difference is that they have not deluded themselves into the belief that their actions are ok, they accept that they are doing wrong and do it anyway.  we don't need government oversight, we need mass extermination.  i would rather be surrounded by those that know they are wrong and continue to do so, than those that think they are right because they live in a magic bubble that makes their needs more important than rules, their comfort more important than other people's and their time of greater value than others.  i guarantee that in the demographic we commonly drive through that the schmucks that cut us off in traffic so they can get somewhere faster could fill their car with their friends and still never reach the income of one of us, and therefore they don't come close to paying the income taxes we do, the amount of revenue that we move through the local economy, the charity money we donate and do not even fathom the amount that we contribute to the human race as a whole.

you want to quickly and easily convert fiat to crypto and back again.....there are answers that do not involve third party anything
you want a website that does this so that you can sit back and do nothing to support your own business.....those magic and automated systems will involve a third part in some part
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January 24, 2017, 02:40:29 AM
 #95

Here in the philippines you can easily buy bitcoins using coins.ph and go to the nearest 7/11 store and buy BTC but if you're from another country and no ways to buy bitcoins using your real money or if you are using paypal you can go to localbitcoins ad find a legit bitcoin sellers and you can get a discount there.
That is great, I wish buying bitcoins in my country was that easy, in my country there is not an easy way to buy bitcoins, the easiest is localbitcoins but the vendors sell for inflated prices so you cannot get bitcoins at fair prices.


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January 24, 2017, 03:07:25 AM
 #96


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.


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Japinat
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January 24, 2017, 03:12:58 AM
 #97


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.
The fee is expected to increase, but as long as it is justifiable then for sure many will use it for convenience. I have not seen one in my country or specifically in my location, I would love to experiencing cashing out in ATM in the future. I believe it will happen as the more the adoption increases, the more they will be attracted to build an ATM for us.

PolyPanto
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January 24, 2017, 11:16:24 AM
 #98


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.

Hi, I wrote earlier in this thread, but didn't get a reply. I'm looking for the debit card which members used and can recommend, I would like to find  VISA/Mastercard without verification and it should be virtual for transactions in internet, preferably I would like to have a card which is linked to a reliable exchange (where no verification is needed), maybe you can recommend something?

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Harlot
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January 24, 2017, 11:20:41 AM
 #99


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.

Hi, I wrote earlier in this thread, but didn't get a reply. I'm looking for the debit card which members used and can recommend, I would like to find  VISA/Mastercard without verification and it should be virtual for transactions in internet, preferably I would like to have a card which is linked to a reliable exchange (where no verification is needed), maybe you can recommend something?
I don't think there are virtual credit cards that can provide you without verification. Even my Local Wallet's virtual credit card needs a separate verification process. On the other hand the reason why is it more expensive in buying Bitcoin compared to its worth because that is how Local Bitcoin owners profit from their Bitcoin. When you see FOREX the Buy side is much higher than the sell side.

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PolyPanto
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January 24, 2017, 11:23:44 AM
 #100


The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.

Hi, I wrote earlier in this thread, but didn't get a reply. I'm looking for the debit card which members used and can recommend, I would like to find  VISA/Mastercard without verification and it should be virtual for transactions in internet, preferably I would like to have a card which is linked to a reliable exchange (where no verification is needed), maybe you can recommend something?
I don't think there are virtual credit cards that can provide you without verification. Even my Local Wallet's virtual credit card needs a separate verification process. On the other hand the reason why is it more expensive in buying Bitcoin compared to its worth because that is how Local Bitcoin owners profit from their Bitcoin. When you see FOREX the Buy side is much higher than the sell side.

Well, I found this but I would like to understand if anyone really used it and to get some feedback, so many website who suggest wallets and cards nowadays, and the quantity of scam shit is so high, so would like to understand whether I can use it or not.

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▬▬▬   Mentioned in   ▬▬▬
[CNBC] [BLOOMBERG]

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