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Author Topic: Are you using PayPal to buy a bitcoin?  (Read 740 times)
ubercool
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July 25, 2017, 11:20:54 AM
 #21

There are some websites where people sell Bitcoins for Paypal Dollars but I will not suggest them as they are too shady and Paypal will freeze the accounts if they come to know about it. Bitcoin is illegal for Paypal authority and you cant transact against Paypal. IMO, Paypal services are sh*tty and Bitcoin is way better service than them.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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LilibethSantos
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July 25, 2017, 11:27:19 AM
 #22

A lot of people don't want to accept paypal due to the risk of chargebacks. Just transfer it to your bank account.

Dudeperfect
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July 25, 2017, 11:46:37 AM
 #23

I have not used it but I have read some experiences. Paypal has buyer protection policy which enables the sender to retrieve payment even after several weeks after sending so it falls under high-risk category and thus no one usually trades using Paypal. Additionally, Paypal has some restrictions in my country so we can't even use its 100% features.
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July 25, 2017, 12:12:31 PM
 #24

A lot of people don't want to accept paypal due to the risk of chargebacks. Just transfer it to your bank account.

Yes people are avoiding the chargebacks from paypal that is why there are only few who buy bitcoin using paypal. In my country I can easily use fiat money  to buy bitcoin I just need to cash-in and then buy bitcoin after.
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July 25, 2017, 01:11:50 PM
 #25

If you search some topics here about this subject you will find that many users don't recommend using PayPal for buying Bitcoin because of high possibility for scam and chargeback. I advise you to stick to that unless you personaly know the person you are trading Bitcoin with PayPal. Otherwise you might regret it, I know many who were scamed that way.

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August 01, 2017, 02:02:43 AM
 #26

Anyone here experienced to buy bitcoin using their PayPal.? How much the fees?
I am not used to using Paypal to buy Bitcoin but the fees is so small, it depends on how much your exchanger wants to take from you but it will still be so small, you fon't need to worry about that, just buy yourself and start your work, don't miss it.
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August 01, 2017, 02:37:49 AM
 #27

I haven't used paypal to buy btc.  There are many people.in our country who.have btc they sell btc,we meet face to face pay them and they give ase btc
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August 01, 2017, 02:48:30 PM
 #28

I have never used paypal to buy bitcoin. I am more interested in using localbitcoins.com, which i think is more practical.

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August 01, 2017, 02:56:54 PM
 #29

Actually, I didn't use paypal for buying a bitcoin because there are many easy way to buy bitcoin than using paypal. Paypal for bitcoin is very hassle so that's why I didn't use it. I just using a service like a coinsph to buy a bitcoin. This was only an advice sir, it's up to you because the decision is yours.

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