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Author Topic: Bitcoin to paypal  (Read 1416 times)
egyproductions
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November 07, 2014, 08:00:45 PM
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How needed is a instant bitcoin to paypal exchange? If it where to happen, a trusted site which exchanges bitcoin to paypal instantly?



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RodeoX
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November 07, 2014, 08:14:39 PM
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bitcoin has no chargebacks, PayPal does. Mixing paypal and bitcoin normally ends with a theft.

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egyproductions
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November 07, 2014, 08:32:02 PM
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I understand that part, but soon im launching a site where you sell your coins with and receive cash through paypal, going to be instant, 60seconds max delay, minimum 3 usd so you can then up to 600, a limit of 5 btc per a day
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November 07, 2014, 09:23:01 PM
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I understand that part, but soon im launching a site where you sell your coins with and receive cash through paypal, going to be instant, 60seconds max delay, minimum 3 usd so you can then up to 600, a limit of 5 btc per a day
Sounds like you already know then. Interesting project, I hope you make a million! (a million bitcoins that is!)

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Miitch
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November 08, 2014, 10:31:13 AM
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Sounds very interesting! Keep us posted  Cool

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finlon
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November 08, 2014, 06:35:56 PM
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Isn't localbitcoin an already reliable exchange for people to trade with paypal, when you are on the receiving end?

bitnanigans
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November 09, 2014, 11:59:17 AM
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You'd probably have to deal with a lot of chargeback fraud with this service.
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November 09, 2014, 12:04:20 PM
 #8

Well PayPal doesn't allow the trading of cryptocurrencies so it'll be interesting how you will go about providing this service. Regardless, I would say since the majority of people are comfortable with PayPal if they were able to buy Bitcoins with PayPal it'd definitely help them dip their toes into the scene.

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killsig
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November 13, 2014, 11:29:30 PM
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virwox.com does bitcoin to paypal. Not completely INSTANT, but works well.
killsig
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November 13, 2014, 11:30:40 PM
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bitcoin has no chargebacks, PayPal does. Mixing paypal and bitcoin normally ends with a theft.

Theft by paypal... lol
kashish948
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November 14, 2014, 05:06:05 AM
 #11

I have a few ideas on how to do this safely for both parties. PM me if interested in kind of a partnership.
maddog0000
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November 14, 2014, 05:13:16 AM
 #12

I understand that part, but soon im launching a site where you sell your coins with and receive cash through paypal, going to be instant, 60seconds max delay, minimum 3 usd so you can then up to 600, a limit of 5 btc per a day

I would be interested in using this service, Provided the fees were relatively low.
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