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Author Topic: How to convert PayPal to Bitcoin  (Read 7995 times)
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July 13, 2014, 05:58:30 PM
 #21

no problem! I have also heard of coinmama but seems they might be alittle sketchy can anybody confirm if they are a go?

Coinmama does not accepting anymore paypal

That sucks but it is good to know thanks for sharing.

anyone tried these before ?  Huh

Not sure what you mean.  Is there a certain service you asking about?  I can only assume u mean converting Paypal to Bitcoin.  If the the answer is yes many people but the seller of Bitcoin is very likely to be scammed because the buy can reverse the funds easily and a long while after the transaction has been completed.
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July 14, 2014, 05:51:07 AM
 #22

I have bought coin on LBC with Western union. I have never seen anyone accept paypal. I don't think it would be the smartest move for the seller and I personally would never except paypal for btc. I just could not justify the risk for me. To be honest even sellers that accept moneypak on lbc are taking a risk as i bet there is a way for them to lose with that as well.
You using paypal with bitcoin transaction can be abused by just simply filing a chargeback report.
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July 14, 2014, 02:40:01 PM
 #23

Instead of buying with PayPal, why not just look on the web if there's a bitcoin ATM near you? They're cool to use.


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July 14, 2014, 09:48:16 PM
 #24

Virwox accepts paypal, but there are big fees. but if paypal is your only way it will work.

Make an account at virwox.com,  you will buy SSL (Linden Dollars) then convert that to btc so the process goes like this

USD/SSL then
SSL/BTC

thats how you can safely buy btc with paypal.


You can also look at brawkster.com which lets you buys things for other people and you get the cash value in btc. Sometimes its buggy if you buy things from another country but thats also another way.
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July 18, 2014, 09:57:06 AM
 #25

Virwox accepts paypal, but there are big fees. but if paypal is your only way it will work.

Make an account at virwox.com,  you will buy SSL (Linden Dollars) then convert that to btc so the process goes like this

USD/SSL then
SSL/BTC

thats how you can safely buy btc with paypal.


thanks, I did it last night and it worked perfect
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July 19, 2014, 09:49:10 PM
 #26

I have bought coin on LBC with Western union. I have never seen anyone accept paypal. I don't think it would be the smartest move for the seller and I personally would never except paypal for btc. I just could not justify the risk for me. To be honest even sellers that accept moneypak on lbc are taking a risk as i bet there is a way for them to lose with that as well.
It would be crazy for a seller on LBC to accept paypal, as they would be asking to get scamed.

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July 19, 2014, 10:37:33 PM
 #27

If you have Paypal, why don't you move it to your bank account? Then you could buy on LBC for cash locally, or you could buy on Coinbase, or you could wire to an exchange.
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July 20, 2014, 02:33:49 AM
 #28

If you have Paypal, why don't you move it to your bank account? Then you could buy on LBC for cash locally, or you could buy on Coinbase, or you could wire to an exchange.
All great ideas.

all of these options would greatly lower the risk or the seller while providing only a minor hassle at most the the buyer.

Generally if you are trying to buy bitcoin with PayPal you are probably a scammer

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July 20, 2014, 07:00:02 PM
 #29

I have bought coin on LBC with Western union. I have never seen anyone accept paypal. I don't think it would be the smartest move for the seller and I personally would never except paypal for btc. I just could not justify the risk for me. To be honest even sellers that accept moneypak on lbc are taking a risk as i bet there is a way for them to lose with that as well.
It would be crazy for a seller on LBC to accept paypal, as they would be asking to get scamed.
i agree. The only time you should really accept paypal is if you know the buyer in real life and trust them with your money

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July 21, 2014, 11:48:53 AM
 #30

You could check localbitcoins for people who buy btc for paypal.
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July 21, 2014, 02:08:22 PM
 #31

Apart from virwox, there's also bankvcc.com who accepts paypal for btc, but since I have never used them, I can't comment on whether they're legit or not. I wonder how these companies accept paypal and don't worry about charge-backs?

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April 21, 2018, 05:41:54 AM
 #32

anyone knows to convert paypal usd to bitcion wallet..? i need some step by step guide.. thank you
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April 21, 2018, 06:40:35 AM
 #33

Try with VirWox, Spectrocoin websites to convert your Paypal to bitcoin.
VirWox need verify PayPal account
Spectrocoin need one-time identity verification( 24 Hour)
Check their fees before using their service

Also, You can use LocalBitcoins.com to buy bitcoin with Paypal, Consider choosing trusted seller and good rating
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