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carlisle1
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May 25, 2017, 04:23:20 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
There could be some websites that are accepting paypal credits for buying bitcoin but I am not sure and i don't even know if the said service or platform is trustworthy . Aside from that you can also try to find some people on social media like facebook who are exchanging their bitcoin for paypal credit hopefully it can help you . But of course beware of those scammers . |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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spngebob
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May 25, 2017, 06:50:06 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.
That is correct. Currency exchange is prohibited, it's clearly stated in their ToS. OP is newbie and asking how to buy bitcoins with paypal. Does it sound familiar?  |
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Hydrogen
Legendary
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Activity: 2562
Merit: 1441
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May 25, 2017, 08:57:25 PM |
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There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc.
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blockman
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May 25, 2017, 09:15:48 PM |
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There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc.
Virwox's fee is crazily too low and they've got high percentage so I stopped using them. I used them once but I stopped. Today, I don't have PayPal funds anymore as I stopped my freelance job that is being paid through PayPal. If you want to have assurance try to go at the currency exchange there are legit and trusted members here you can talk to. |
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CosmicVibe
Newbie
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Activity: 46
Merit: 0
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May 25, 2017, 10:03:29 PM |
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There's a very old method to buy btc via paypal but it has high fees and I think the minimum amount you must buy is 0.01 or 0.02 btc. Virwox offers btc for paypal exchange with SLL. Not many use it though due to high fees and rates. Depositing $50 you might walk away with $40 of btc. I can comfirm, I had my first bits of BTC that way. Good to test and play with few € but definitely not for big amount. |
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darthmaul
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May 26, 2017, 02:30:43 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
You will have to look for an exchanger site which you trust. Exchangers are made for the same thing you talking about, to exchange your money from on currency to any currency AND from one wallet to other wallet! There are plenty of them out there which can do the job in few minutes to few hours. They will incur little fees but it is worth it.  |
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RubyM (OP)
Jr. Member
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Activity: 60
Merit: 2
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May 26, 2017, 09:35:14 AM |
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I tried to sell my PayPal funds for bitcoins.
And the website I did used is virwox.com
Did it work? |
Digital asset exchange for settlement, clearing, custody and trading of various digital assets - https://bex.global/login
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sunsilk
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May 26, 2017, 09:37:16 AM |
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I tried to sell my PayPal funds for bitcoins.
And the website I did used is virwox.com
Did it work? Yes it did worked but the amount I was expecting is not accurate. I'm not aware that they have higher fees than others. I guess it's better to transact with some trusted PP>BTC traders here on forum rather than using virwox. You need to buy first SLL before you can fully convert it to btc / usd. |
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Rinder
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May 26, 2017, 05:00:34 PM |
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There are some traders working with paypal, but they wont take the risk to sell the bitcoins to anybody, and its clear because refund can happen anytime, there is now payza that is allowing to buy soo would be better exchange to payza and those way you can buy bitcoins, paypal doesnt support exchange neither crypto, soo there is always a risk to get funds blocked.
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creative~mind
Jr. Member
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Activity: 56
Merit: 10
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May 26, 2017, 05:03:26 PM |
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Last year the process was so annoying and the fees were so high that I simply decided not to use this method. Not sure if things have improved though.
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Wintersoldier
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May 27, 2017, 03:40:59 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.
Local bitcoin is way better to buy because it is much trusted and been used by your locals people. And you could also start trading because people and transaction is needed if you want to buy bitcoin. So it make take an easy investment just make sure to chose the proper wallet and as a form of wallet paypal is just like other wallet where there is transaction and fee if you are going to buy bitcoin. So for me its better to start on considering to have a source of bitcoin which can be find in signature campaign in the forum so it will not be so hard for you to find bitcoin or to have a bitcoin capital for your investment and tradings. |
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ananas99
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May 27, 2017, 04:54:09 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.
Local bitcoin is way better to buy because it is much trusted and been used by your locals people. And you could also start trading because people and transaction is needed if you want to buy bitcoin. So it make take an easy investment just make sure to chose the proper wallet and as a form of wallet paypal is just like other wallet where there is transaction and fee if you are going to buy bitcoin. So for me its better to start on considering to have a source of bitcoin which can be find in signature campaign in the forum so it will not be so hard for you to find bitcoin or to have a bitcoin capital for your investment and tradings. In my opinion the last already and me any platform starts to accept Bitcoin or other crypto currency, so even such a payment system as PayPal is no exception. I have already faced the fact that today it is normal to use both the crypto currency and real money without PayPal as without Bitcoin it is very difficult to do. |
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