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Author Topic: Fastest way to turn $50 in a checking account into BTC?  (Read 1487 times)
DATA COMMANDER
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April 22, 2011, 02:17:34 AM
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I've been looking around, and it seems that it takes quite a while to turn $ into BTC. I have a Paypal account, but it's currently empty. I have $50 in a checking account (connected to a Visa debit card) that I would like to turn into BTC. What's my best course of action?

Tips are appreciated (very tiny tips are perfectly okay!) 13gDRynPfLH3NNAz3nVyU3k3mYVcfeiQuF
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DATA COMMANDER
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April 22, 2011, 02:23:46 AM
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18 views and no replies? Okay, I'll tip 1 BTC for a suitable answer (once I have some BTC).

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Littleshop
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April 22, 2011, 02:25:53 AM
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http://coinpal.ndrix.com/

Coinpal is the way to go!

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April 22, 2011, 02:51:51 AM
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Anything faster than this? This should still take a week, unless I'm missing something.

Tips are appreciated (very tiny tips are perfectly okay!) 13gDRynPfLH3NNAz3nVyU3k3mYVcfeiQuF
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April 22, 2011, 02:53:23 AM
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Anything faster than this? This should still take a week, unless I'm missing something.

Check out my website. If you are in the USA, sending cash by mail is pretty fast.
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April 22, 2011, 03:01:43 AM
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Anything faster than this? This should still take a week, unless I'm missing something.

If your paypal is connected to your credit card (checking account one you mentioned) then you should be able to do this quickly in a few hours.  I used this service and got my coins in 30 mins or less.

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April 22, 2011, 03:13:55 AM
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I've been looking around, and it seems that it takes quite a while to turn $ into BTC. I have a Paypal account, but it's currently empty. I have $50 in a checking account (connected to a Visa debit card) that I would like to turn into BTC. What's my best course of action?

Check out my thread here:  http://bitcointalk.org/index.php?topic=6223.0

I just sent you a PM.

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April 22, 2011, 03:21:48 AM
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Quote from: Littleshop
If your paypal is connected to your credit card (checking account one you mentioned) then you should be able to do this quickly in a few hours.  I used this service and got my coins in 30 mins or less.

Coinpal doesn't appear to accept this method of payment. Unless you're saying that Paypal should get the money quickly?

Quote from: BitcoinExchange
I just sent you a PM.

I didn't receive it.

Tips are appreciated (very tiny tips are perfectly okay!) 13gDRynPfLH3NNAz3nVyU3k3mYVcfeiQuF
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April 22, 2011, 03:30:39 AM
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Sorry, check again.

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April 22, 2011, 03:47:33 AM
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Quote from: Littleshop
If your paypal is connected to your credit card (checking account one you mentioned) then you should be able to do this quickly in a few hours.  I used this service and got my coins in 30 mins or less.

Coinpal doesn't appear to accept this method of payment. Unless you're saying that Paypal should get the money quickly?


Yes, when you send a payment to coinpal using credit card, paypal takes from your credit card and sends to coinpal basically instantly.  If you do an e-check debit to your checking account there is a 3 day delay. 

All of this assumes you have a standard verified account with paypal.  If you have a checking account connected to it you probably do.  Again, you want to pay by credit card through paypal if you want this to be fast. 

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April 22, 2011, 10:41:23 AM
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If your bank offers Popmoney service, that's definitely the way to go. It's usually free, requires minimal if any setup since it's through your bank, and the recipient can see that the funds are good immediately. Is your bank on this list?:
https://www.popmoney.com/popapp/faces/popmoney/common/about.jsp?name=partners

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April 22, 2011, 07:30:17 PM
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Just a heads up: I'm shipping the 1 BTC to BitcoinExchange. Thanks for all the replies.

Tips are appreciated (very tiny tips are perfectly okay!) 13gDRynPfLH3NNAz3nVyU3k3mYVcfeiQuF
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April 22, 2011, 10:40:16 PM
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Got it, thanks DC!   Smiley

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