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Author Topic: Help Selling BTC Online  (Read 1444 times)
hellhoundpro (OP)
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June 02, 2012, 02:15:15 AM
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What is the safest way to transfer BTC into a paypal account? Thanks for any and all help!
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Gladamas
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June 02, 2012, 02:20:18 AM
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There is no "safe" way to transfer Bitcoin to PayPal or vice versa. You will be at risk for chargebacks and PayPal closing your account.

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hellhoundpro (OP)
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June 02, 2012, 02:22:40 AM
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Is it easier to sell them to someone online then?
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June 02, 2012, 02:26:57 AM
 #4

Is it easier to sell them to someone online then?

OTC exchanges of Bitcoin/Paypal IMO tend to work better than mass exchange services. You can talk to some people on this forum and they would be willing to help you out.

I would recommend BTCPak (for prepaid debit cards) or GetBitcoin. They do not deal with Paypal but are a good alternative.

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hellhoundpro (OP)
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June 02, 2012, 02:48:00 AM
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Sorry I'm major noob.  What is an OTC exchange?
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June 02, 2012, 02:54:21 AM
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how many bitcoin are you selling
hellhoundpro (OP)
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June 02, 2012, 02:55:55 AM
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around 13
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June 02, 2012, 03:01:49 AM
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I'll send you $63 USD through PP
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June 02, 2012, 03:07:45 AM
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You can trade bitcoins for money in your PayPal account at Spend Bitcoins. You can probably trust them not to reverse the payment, but can you trust PayPal not to freeze your account if when they find out the money came from selling bitcoins (which is against their TOS)? If you want to buy something online from a vendor that doesn't accept bitcoins, Spend Bitcoins has other options which you might find suitable (and which are much safer than PayPal).

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June 02, 2012, 04:04:07 AM
 #10

What is the safest way to transfer BTC into a paypal account? Thanks for any and all help!

You can probally get away with selling them on ebay, I have a couple of times. I have not had a chargeback yet "Crossing fingers". Just make sure that you ship something to the buyer, whether it be an autograph or a penny.
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June 02, 2012, 04:06:30 AM
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You can try my site in the sig  Grin
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June 02, 2012, 04:14:01 AM
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Sorry I'm major noob.  What is an OTC exchange?

Over the counter.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

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June 02, 2012, 07:41:54 AM
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Sorry I'm major noob.  What is an OTC exchange?

Over the counter.

 - http://bitcoin-otc.com
 - http://bitcoin-otc.com/vieworderbook.php
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://bitcoin-otc.com/viewratings.php

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June 02, 2012, 08:37:45 PM
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http://bitcoin-otc.com Is blocked by my netgear firewall.
 
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June 02, 2012, 09:05:35 PM
 #15

Then unlock it

And paypal is not good for bitcoin

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June 03, 2012, 10:14:50 PM
 #16

I was lurking on this thread, got the gumption to hop in #bitcoin-otc myself.  A guy on Youtube has a pretty good tutorial for setting up and registering if you're on Windows.

http://www.youtube.com/watch?v=hYJ-GdErX1c

Easy peasy.
rothglobal
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June 04, 2012, 02:20:51 AM
 #17

My recommendation for easy cash exchanges would be either the Moneypak or a reloadable debit card that accepts Bitcoin.
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June 04, 2012, 10:43:51 AM
 #18

It will be better to use BTCPak.com and add the moneypak to your paypal account. That way no chargebacks.
MoneyPak works only for USA. Is there any alternative for Europe?

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June 04, 2012, 11:32:39 PM
 #19

Does anyone know if a MP prepaid card can be used in other countries, the same way my american visa will automatically transfer US dollars into foreign devices ?
Stephen Gornick
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June 04, 2012, 11:52:01 PM
 #20

Does anyone know if a MP prepaid card can be used in other countries, the same way my american visa will automatically transfer US dollars into foreign devices ?

It probably can, but would need to have the KYC checks completed (e.g., registered it online, gave your name, addy, SSN, etc.)

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