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Author Topic: some questions about bitcoin trading  (Read 517 times)
Sorce
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June 13, 2012, 12:10:53 AM
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hello, I am trying to get into buying and selling bitcoins.  Are there some fraud proof ways of using a credit/debit card to buy bitcoins? for example, using my card to buy a gift card or some other kind of good online and selling that to someone? what are some of the most commonly traded goods?

or is there an exchange i can use verified paypal and the like to buy coins?

thanks in advance!
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Cookie_Monster
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June 13, 2012, 01:03:35 AM
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A lot of people will not sell Bitcoins via Paypal due to the possibility of the transaction being reversed, I have seen a couple of people sell coins if the Paypal payment was a gift I haven't looked into it much beyond that. Another way to buy Bitcoins off of people would be to sell gift card codes for Amazon or some other online store I have used a prepiad debit gift card to buy codes from Amazon without a problem.
Sorce
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June 13, 2012, 01:41:37 AM
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yeah, i see steam games seem to be popular as well. any other ideas for convenient buying of bitcoins with methods such as credit cards?
Stephen Gornick
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June 13, 2012, 10:44:11 AM
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or is there an exchange i can use verified paypal and the like to buy coins?

There are very few options with PayPal as payment because PayPal expressly prohibits a merchant to use PayPal for the sale of Bitcoins.  Additionally, because the payment can be charged back easily, merchants that do have some angle must charge a higher fee to do so.

 - http://bitmint.weebly.com/buy.html

With VirWoX you can buy SLL using PayPal, then trade SLL for BTC:
 - http://www.VirWoX.com

Physical Bitcoin, paid for with credit card:
 - http://memorydealers.com/catalogsearch/result/?q=bitcoin

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