Bitcoins to Paypal

[LuckyNumber7]

Hey guys,

I have found a website that allows you to exchange Bitcoins into USD straight into your Paypal. I believe they take 1% as a transaction fee and they clearly tell you how much you will receive straight into your Paypal account. You can check out the website here;

Has anyone else used this website before?

[LuckyNumber7]

This is definitely a much easier option than using other methods, especially for people in the UK

[greyhawk]

lol at the referral link, sounds legit

I like their adress. It's a hospital. Maybe they allow their mental patients on the internet? Wrong street

[LuckyNumber7]

oh really?!? I didn't notice that!! Glad I posted it on here for people to see! Is there a scam list we can add this to?

[greyhawk]

Nah, wait, might be wrong. There's two very similar named streets. Checking into the new one. I'm seeing an elevator service company so far.

Anyways he's going to get bitten. He's running an unlicensed commercial exchange in Germany when BaFin made it very clear a short while ago they are going to bite people for that.

[greyhawk]

Definitely a scam. There's a direct name connection to this older scam:

https://bitcointalk.org/index.php?topic=33652.10

[globalvillage]

This is definitely a scam and a big one too.  I wonder if something can be done to close them down.  Silly me, I tried to exchange with them, not much but still...  Of course nothing ever came to my PP.  I contacted the wallet I sent the 0.1 BTC from asking if something could be done to have that address blacklisted to protect bitcoin community, Ben suggested I write here.

This is my support ticket:

'I understand that it is not possible to get refunded for this transaction, but maybe it is possible to do something that other Blockchain members would not follow for this fraud and that address can be blacklisted to protect BTC community.

I am talking about this website: https://btc2pp.net/

On May 10th I sent them 0.1 BTC:

18s57T6aQMLR8nT85N1biZxHoQP4ZaRB5V
179KX8RDfkQ4eSSneBtmW7VaT3AnWJrDV8 0.1 BTC
18s57T6aQMLR8nT85N1biZxHoQP4ZaRB5V 0.037 BTC

I have surely done everything according to their instruction, provided them with my correct Paypal address, yet never received anything back from it. Using the contact form on their website, I sent them 3 messages, all 3 remained unanswered and the 0.1 BTC was never exchanged for anything, it was simply stolen.

Thank you very much for your attention to this matter."


And this is the answer I just received today:

"Unfortunately we are unable to provide support for this 3rd party service. If you are unable to contact the site operator the bitcointalk forums (http://bitcointalk.org) is often a good place to find help."

So guys, let us do something to have them close down!

[aceking]

you can use https://fastcash4bitcoins.com/ but i think they are accepting people from usa only

[ironcross360]

safest website is coingator.com

[bernard75]

Hey guys,

I have found a website that allows you to exchange Bitcoins into USD straight into your Paypal. I believe they take 1% as a transaction fee and they clearly tell you how much you will receive straight into your Paypal account. You can check out the website here;

Has anyone else used this website before?

I dont see a website. Also, arent pp fes higher than 1% themselves?

[Kais]

I know someone who uses fastcash4bitcoins.com and he said it's good. I've never heard of coingator.

[yellowcoin]

fastcash is good.... been using them for a while.  Only thing is you need to catch them when they refill their funds cause them things drain out quick.

[patricktim]

Definitely a scam. There's a direct name connection to this older scam:

https://bitcointalk.org/index.php?topic=33652.10

Thanks for your post

[globalvillage]

The GBBG organization is highly recommending Coinbase wallet: https://coinbase.com/
We can directly link there with any U.S. bank accounts to buy or sell bitcoins.  They’ll be launching similar options for other countries down the road.
With such wallets no one will need anymore to use PP while exchanging BTC 

Their wallet is free, all BTC transactions are free, they charge 1% exchange fee, plus $0.15 flat fee which goes to the bank.  The fees are the same whether we are buying or selling bitcoin.

[naphto]

Use coingator

[RainbowTobi]

Not sure if my opinion counts, but CoinGator seems pretty legit, i'll get back to you (With a screenshot) to see if it's legit or not.

[fungal]

Not sure if my opinion counts, but CoinGator seems pretty legit, i'll get back to you (With a screenshot) to see if it's legit or not.

Just been checking and coingator seems around half the exchange rate of Mt Gox and most other exchanges, it may be better for me to take a hit with the local banks for the international transfer! seriously, nearly $100-$200 per BTC lower!