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Bitcoin Forum > Economy > Trading Discussion > Want to purchase BTC via PayPal, what is safest method?
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nokiafan (OP)
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February 07, 2014, 09:59:43 PM
 #1
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.
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KWH
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February 07, 2014, 10:05:30 PM
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Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

You are protected but the seller isn't.
When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
Sonny
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February 07, 2014, 10:39:27 PM
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Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

It would be very hard for you to find a trade, as you are using a new account with no trade history at all.
It is the seller that need to be worried about chargeback, not you.
MikeLloyd
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February 07, 2014, 11:03:42 PM
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Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

Well depends really on who you go to and the level of trust with them. It's not likely they will sell you bitcoins over paypal if you are very new.
UltraPleb
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February 08, 2014, 07:25:29 PM
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Like others have said, there's no risk to you but a major risk to the seller, so you could be hard-pressed to find someone.
chMiner
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February 08, 2014, 11:54:22 PM
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Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

I think you should use https://localbitcoins.com to buy your first bitcoins.
stimp
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February 10, 2014, 12:22:01 AM
 #7
Quote from: chMiner on February 08, 2014, 11:54:22 PM
Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

I think you should use https://localbitcoins.com to buy your first bitcoins.



Good Advice, I just signedup!!!!!!!!!!!
MoneyMorpheus
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February 10, 2014, 12:23:57 AM
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Virwox is the safest, not the cheapest though.
Best altcoin exchange: https://vircurex.com/welcome/index?referral_id=241-35101
https://bter.com/signup/121418 | You may run into issues some time, but support will take care of you threw qq in chinese hours
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leannemckim46
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February 10, 2014, 01:02:22 AM
 #9
Quote from: nokiafan on February 07, 2014, 09:59:43 PM
I want to buy 1 BTC once trading opens up again.  I would use paypal, and want to know what would be the safest seller to get BTC through.

Unless you have really high trust, nah...
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OlliBrandt80
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February 10, 2014, 04:03:07 AM
 #10
True, localbitcoins.com worked fine for me.
Bitcoin rules!
alsutton
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February 10, 2014, 11:42:20 AM
 #11
If you're looking for someone you know to trade with there's CoinTouch.com which uses your Facebook social network to find people you know wanting to trade.
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