Bitcoin to paypal

[egyproductions]

How needed is a instant bitcoin to paypal exchange? If it where to happen, a trusted site which exchanges bitcoin to paypal instantly?

[RodeoX]

bitcoin has no chargebacks, PayPal does. Mixing paypal and bitcoin normally ends with a theft.

[egyproductions]

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

[RodeoX]

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!)

[Miitch]

Sounds very interesting! Keep us posted 

[finlon]

Isn't localbitcoin an already reliable exchange for people to trade with paypal, when you are on the receiving end?

[bitnanigans]

You'd probably have to deal with a lot of chargeback fraud with this service.

[Xch4ng3]

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.

[killsig]

virwox.com does bitcoin to paypal. Not completely INSTANT, but works well.

[killsig]

bitcoin has no chargebacks, PayPal does. Mixing paypal and bitcoin normally ends with a theft.

Theft by paypal... lol

[kashish948]

I have a few ideas on how to do this safely for both parties. PM me if interested in kind of a partnership.

[maddog0000]

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.