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Author Topic: Transfering Bitcoin > Paypal USD  (Read 236 times)
Nebell (OP)
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November 25, 2017, 07:07:03 PM
Last edit: November 25, 2017, 07:19:25 PM by Nebell
 #1

I believe Coinbase can do this, but I haven't tested yet. I think the fees are quite high (3.75%), but it's better than paying taxes.
I won't transfer more than maybe $400-500 worth of Bitcoin per month.

Do you guys have any suggestion?

EDIT:
Coinbase only works for US residents. So no go for me as I live in EU.

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kuroman
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November 25, 2017, 07:23:12 PM
 #2

I believe Coinbase can do this, but I haven't tested yet. I think the fees are quite high (3.75%), but it's better than paying taxes.
I won't transfer more than maybe $400-500 worth of Bitcoin per month.

Do you guys have any suggestion?

EDIT:
Coinbase only works for US residents. So no go for me as I live in EU.

Is it a one time transaction or you want to this regularly ? if it is just one time transaction just I advise you to just deal with either someone reputable or use escrow for a deal with someone that is willing to pay directly FIAT to your paypal account
Nebell (OP)
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November 25, 2017, 07:32:35 PM
 #3

I believe Coinbase can do this, but I haven't tested yet. I think the fees are quite high (3.75%), but it's better than paying taxes.
I won't transfer more than maybe $400-500 worth of Bitcoin per month.

Do you guys have any suggestion?

EDIT:
Coinbase only works for US residents. So no go for me as I live in EU.

Is it a one time transaction or you want to this regularly ? if it is just one time transaction just I advise you to just deal with either someone reputable or use escrow for a deal with someone that is willing to pay directly FIAT to your paypal account

It's a one time thing, but since I live in Sweden I found some dealers who do this quickly with a local unregulated money sending app.

BitcoinZ - community driven, no premine, no dev-tax, developers always welcome
https://bitcointalk.org/index.php?topic=3086664
https://btcz.rocks/
tabas
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November 25, 2017, 08:46:37 PM
 #4

Have you heard about virwox? I tried it for a couple of times but the disadvantage of using it, they have a very high fee. I haven't use them for a while and I don't know if there are changes with the fees. And you can also go to the currency exchange section of this forum, you can find trusted people doing this type of deal.

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kuroman
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November 25, 2017, 11:32:46 PM
 #5

It's a one time thing, but since I live in Sweden I found some dealers who do this quickly with a local unregulated money sending app.

Yes, also for next time you can also do this with someone willing to meet you in a coffee shop a pub or any public place if you live in a big city, I've never had an issue doing such a thing, as long as it is for small amounts, and like I like said before people should take all the precaution needed as being anything from someone on the internet
pinkflower
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November 26, 2017, 03:18:46 AM
 #6

I believe Coinbase can do this, but I haven't tested yet. I think the fees are quite high (3.75%), but it's better than paying taxes.
I won't transfer more than maybe $400-500 worth of Bitcoin per month.

Do you guys have any suggestion?

EDIT:
Coinbase only works for US residents. So no go for me as I live in EU.

If you dont mind paying for high fees, then you should use localbitcoins.com. You have two options, you can trade your coins for fiat with other users without the need for ID verification or the ones with ID verification.

You can trade $500 worth of coins every month with users who dont require ID from my experience. But sometimes it depends.
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