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Author Topic: Need Advice On Current Methods On Trading/Converting BTC  (Read 843 times)
XxUnkn0wnxX (OP)
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September 19, 2014, 10:50:01 PM
 #1

Hi, I am new to BTC and still trying to wrap my head around it...

i have integrated BTC into my forums

now the current method i am using going though an exchange once i hit a min amount i can sell my BTC for real money and then transfer to my bank...

now this takes time...

i was wondering are there any quick ways to buy/sell bitcoins using paypal? as using credit/debit cards directly isn't very safe...

i heard that paypal is/will be integrating bitcoin support soon.. so i assume trading bitcoins using paypal is safe.... and i won't run into any issues?

I need a viable quick way of buying or selling BTC. (converting BTC to Real money then depositing that money to my Paypal account wallet)

ATM i am using virwox to buy SLL (Another Virtual Currency) Then Convert it to BTC using paypal but it has it's limits and i think you can also sell BTC then transfer back to Paypal/Bank....
i am also using the exchange to buy BTC but it takes time..

I heard that ebay will allow buying/selling of bit coins but isn't very recommended...

So any fast viable methods out there to Buy/Sell BTC?
Preferred Methods:
If buying: Using paypal and transferring that BTC to my wallet
If Selling: Deposit Into My Paypal Account Directly

i'd rather not wait a few days to buy/sell BTC rather get the transaction over and done with within a few min or hours...
Magan1989
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September 20, 2014, 01:48:20 PM
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Although in the past it was hard to buy/sell btc , there are a lot of methods to buy and sell btc today.
I have experienced 4 of them:

https://coinbase.com/ - probably the biggest atm, just there are too many delays with them. you need to be patient
https://www.virwox.com/?language=de&stage=1 - allows you to buy btc with paypal, just it starts with tiny amounts. the fees are kinda big
https://cryptosea.com/ - offers only selling btc for paypal/skrill/bank. selling btc is fast but you cannot buy btc from them
https://www.cryptsy.com/ - offers trading between currencies, btc to many others and the other way around.
XxUnkn0wnxX (OP)
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September 20, 2014, 08:18:28 PM
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Although in the past it was hard to buy/sell btc , there are a lot of methods to buy and sell btc today.
I have experienced 4 of them:

https://coinbase.com/ - probably the biggest atm, just there are too many delays with them. you need to be patient
https://www.virwox.com/?language=de&stage=1 - allows you to buy btc with paypal, just it starts with tiny amounts. the fees are kinda big
https://cryptosea.com/ - offers only selling btc for paypal/skrill/bank. selling btc is fast but you cannot buy btc from them
https://www.cryptsy.com/ - offers trading between currencies, btc to many others and the other way around.


thx for the advice...

i all ready have an account set up with coin jar so its like coin base but they take a while...

i will look into https://www.cryptsy.com/ & https://cryptosea.com/ they seem promising..
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