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Author Topic: Anybody selling Bitcoin for Paypal /Payza?  (Read 1336 times)
tasks4dollars
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June 01, 2013, 12:27:41 PM
 #1

I need some Bitcoin but only have paypal or payza to exchange with.
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RavinTavin
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June 01, 2013, 12:39:28 PM
 #2

Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

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tasks4dollars
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June 01, 2013, 12:46:29 PM
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Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.
TheKoziTwo
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June 01, 2013, 12:47:49 PM
Last edit: June 01, 2013, 01:38:58 PM by TheKoziTwo
 #4

Yes, you can buy bitcoin with paypal using VirWox Exchange.

The process is:
1. Deposit paypal
2. Buy SLL
3. Exchange SLL to BTC
4. Withdraw BTC

The limit is very low to start with, in order to prevent fraud. However after a few months it will be increased, I believe you'll be able to deposit up to $2000 per month and more on request after about 90 days.

But the fee is high, probably above 10%.

As for payza, you can use AlertExchanger [I should mention, that this sites domain may soon be seized, in relation to the LR shut down].

The process is:
1. Exchange from Payza to Pecunix
2. Exchange pecunix to BTC/Mt.Gox/BTC-E using Aurumxchange

This process is slow, will take many days, and requires a high fee, but it works.

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June 01, 2013, 12:53:51 PM
 #5

Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away Smiley

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TheKoziTwo
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June 01, 2013, 12:55:47 PM
 #6

Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away Smiley
This is true, any paypal transaction can be reversed. Hacked accounts is used a lot more than you'd think.

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June 01, 2013, 12:59:12 PM
 #7

Hell no!! People can dispute a paypal transaction, Paypal has NO insurance for Bitcoins. So in short that means the sell would be fucked in that case!

You don't dispute a gift payment from paypal.

If the account is hacked or card is stolen I don't care if its a Gift from the pope. It's getting taken away Smiley
This is true, any paypal transaction can be reversed. Hacked accounts is used a lot more than you'd think.
Guess what you can buy these hacked PP accounts with... give you 2 guesses!

RT

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ganabb
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June 01, 2013, 02:54:04 PM
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Beware of PayPal chargeback  .

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June 01, 2013, 03:07:11 PM
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Guess what you can buy these hacked PP accounts with... give you 2 guesses!

RT

gummy bears? :3

Most people won't do any paypal transaction for Bitcoins, unless the other one is a very trusted person (or they take some very high fees).
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