RubyM (OP)
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May 23, 2017, 10:02:21 AM |
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How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
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Digital asset exchange for settlement, clearing, custody and trading of various digital assets - https://bex.global/login
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paned12
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May 23, 2017, 10:25:23 AM |
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Well there some website that can buy bitcoins using paypal as a mode of payment also there is some of exchanger like people exchanger people to people.
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zahra4577
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May 23, 2017, 10:37:37 AM |
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How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
Go to currency exchange section and you can find some good reputed sellers selling bitcoin for PayPal. Do not forget to use escrow and only deal with a sellers who have good positive feedback. |
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btcdevil
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May 23, 2017, 10:43:18 AM |
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If you wanted to buy bitcoins through paypal then you can use localbitcoins site where you will find lot of options to buy bitcoins. but it is not recommended to use paypal for bitcoins as paypal blocks the account which uses bitcoins and if any problem in transaction paypal wont help you. So be carefull when you use paypal for bitcoins
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NUFCrichard
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May 23, 2017, 10:51:49 AM |
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If you wanted to buy bitcoins through paypal then you can use localbitcoins site where you will find lot of options to buy bitcoins. but it is not recommended to use paypal for bitcoins as paypal blocks the account which uses bitcoins and if any problem in transaction paypal wont help you. So be carefull when you use paypal for bitcoins
I would say it is more difficult for the seller, as the buyer can do a chargeback and keep the Bitcoins. Expect to have to show a lot of documents to be able to buy Bitcoin with Paypal. They shouldn't trust you, so will want to see your passport/ID and get other verifiable information from you before selling, to reduce their chances of getting ripped off. I guess you will have to pay a premium too. All in all, it would be better for you to buy using almost any other method. Why do you have to use Paypal?? |
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talkbitcoin
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May 23, 2017, 11:02:18 AM |
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on top of using localbitcoins you can always check out the currency exchange board: https://bitcointalk.org/index.php?board=53.0but don't expect to easily find someone who is willing to sell bitcoin (which has irreversible transactions) to your Paypal (which has easily reversible transactions). |
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AjithBtc
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Vave.com - Crypto Casino
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May 23, 2017, 11:28:38 AM |
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As few users have already suggested localbitcoins is the best way to buy bitcoin using PayPal. In localbitcoins you could find different traders accepting different methods of payment which is not available with other exchanges. Other than that you could find threads stating bitcoin for PayPal in the currency exchange section. Here you need to contact the person and make the purchase with the help of escrow.
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BTCLovingDude
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May 23, 2017, 11:55:56 AM |
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Do not forget to use escrow
with the help of escrow.
i can't really understand the usage of an escrow in a trade like this! i mean paypal has charge back and OP wants to pay with it! in case other party didn't deliver, he can simply charge back! and in case the other party pays and he does a charge back no escrow can help the other party out of getting scammed! to OP using Paypal to purchase cryptocurrencies is against Paypal's terms of services and they may block your account if they find out. |
--looking for signature--
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HCP
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<insert witty quote here>
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May 23, 2017, 12:28:44 PM |
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Could you not just use a "friends & family" payment on Paypal?? I thought they were effectively non disputable (unless you pay by credit card and lodge a dispute with your card company)?
That would even things out and then both parties would be doing non-reversable transactions:
- PersonA sends Paypal F&F to Escrow
- PersonB sends BTC to Escrow (or directly to PersonA)
Once BTC TX has confirmed (to avoid double spends etc)... escrow forwards the Paypal money to Person B.
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Catmony
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May 23, 2017, 12:33:40 PM |
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You can purchase bitcoin with some guys over localbitcoins or paxful but you may end up paying way higher than market rate because bitcoin sellers will always have risk of chargebacks with paypal. I think buying bitcoin with credit cards is way cheaper and easier than using paypal.
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Iranus
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May 23, 2017, 12:40:57 PM |
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Here's how to do it: trade PayPal for some other form of value and then trade that easily with a trusted member on he forum.
Absolutely never do it directly. PayPal is reversible, so everyone will think you're a scammer and charge huge fees.
It's also against PayPal's ToS now, I think.
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shamzblueworld
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May 23, 2017, 02:09:17 PM |
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Though there can be many ways but I'd recommend using local bitcoins and find someone who is nearby so you can meet face to face and then do your trade, there will be less chances of any mishap by this way.
Be cautious! Good luck.
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Daniel91
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May 23, 2017, 02:16:05 PM |
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How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
OK, you have 2 choices here. Do you have someone you trust? If so, ask him if he have enough funds in btc and send him paypal funds. He should send you the same amount of btc. Other way id to use https://www.virwox.com/ service. Here, you csan deposit paypal funds and exchange to their own, SLL currency and after that exchange from sll to btc and withdraw. It's expensive service, with high fees, about 10% but if you don't have other choice, i can recommend them. Tried this service already many times without any problem. |
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Karmakid
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May 23, 2017, 02:21:53 PM |
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I dont buy bitcoins using paypal within people that i dont know or even at sites for security reasons.I buy bitcoins using paypal when some of my friends are selling bitcoins for paypal to ensure safety and security
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stompix
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Blackjack.fun
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May 23, 2017, 02:27:01 PM |
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How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
OK, you have 2 choices here. Do you have someone you trust? If so, ask him if he have enough funds in btc and send him paypal funds. He should send you the same amount of btc. Other way id to use https://www.virwox.com/ service. Here, you csan deposit paypal funds and exchange to their own, SLL currency and after that exchange from sll to btc and withdraw. It's expensive service, with high fees, about 10% but if you don't have other choice, i can recommend them. Tried this service already many times without any problem. Far less complicated Withdraw those money to your bank account (credit card) and buy via an exchange or localbitcoins. You won't find people accepting paypal without a reasonable fie to mitigate the risks. |
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moviebuff777
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May 23, 2017, 02:35:47 PM |
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How do you buy Bitcoins using Paypal? I'm thinking of buying few Bitcoins but I don't have enough funds in my credit card, but I'm having enough on my Paypal account. So I don't know how to buy using PayPal
I've heard people say to avoid transactions with bitcoins using PayPal because of potential scams. Just be careful. It maybe more of an issue on the selling side. |
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babsalt1975
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May 23, 2017, 02:37:22 PM |
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Just a word of caution if you want to exchange bitcoin with Paypal. My account was put under limitation just because I sold bitcoin and exchanged with Paypal. As we speak, I have not been able withdraw my money from Paypal because of this. Although the limitation is past over 45 days, I can not withdraw because I don't have US bank account.
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Freezingel
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May 23, 2017, 03:10:33 PM |
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You can buy bitcoin using paypal here in currency exchange section, there's some recommend seller there but the rate is quite expensive in my opinion, better go to locak bitcoin and do some local bank transfer.
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phr0stbyt3
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May 23, 2017, 03:17:12 PM |
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It is impossible to buy bitcoins with PayPal on this forum without any sort of trust. If you are a newbie forget getting bitcoins with your PayPal. Paypal trades are only done with trusted people. The best solution for this is withdraw the funds to your card or bank. Get cash go to local bitcoin and buy at 3-5%. If you are looking for 1:1 trade forget it
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Daniel91
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May 23, 2017, 03:22:19 PM |
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Just a word of caution if you want to exchange bitcoin with Paypal. My account was put under limitation just because I sold bitcoin and exchanged with Paypal. As we speak, I have not been able withdraw my money from Paypal because of this. Although the limitation is past over 45 days, I can not withdraw because I don't have US bank account.
You probably tried direct exchange paypal/btc and paypal don't like it. It's much better to use service as Virwox and first exchange btc to their own currency and after that to usd and withdraw to paypal. In such way, paypal can't know that your funds came from bitcoin. |
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