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06-25-2018
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Activity: 0% Longevity: 33% | | Paypal cashout to BTC
Does anyone know a working VCC / method to cashout European Paypal ?
Not sure if Wirex card still works for verifying or withdrawing the balance.
The funds are mine and legit, it's just that my method requires me to cashout Paypal to BTC with a commision of lets say 5% maximum.
Does anyone know a solution for this? I live in Romania.
Basically withdraw Paypal on a working VCC then switch to crypto for low commision.
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06-25-2018
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Activity: 0% Longevity: 54% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix Does anyone know a working VCC / method to cashout European Paypal ?
Not sure if Wirex card still works for verifying or withdrawing the balance.
The funds are mine and legit, it's just that my method requires me to cashout Paypal to BTC with a commision of lets say 5% maximum.
Does anyone know a solution for this? I live in Romania.
Basically withdraw Paypal on a working VCC then switch to crypto for low commision. | What country Paypal?
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06-25-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix Does anyone know a solution for this? I live in Romania. | Is your PayPal Romanian?
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06-25-2018
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Activity: 0% Longevity: 67% | | Re: Paypal cashout to BTC Quote:
cashout Paypal to BTC with a commision of lets say 5% maximum.
| I think thats a good rate you have already.
If you try going the withdraw to VCC, then buy bitcoin, you'll still lose a little bit in currency conversion / buying fees etc.
I'd keep it simple and stick to how you're currently doing it.
If the rate was 10%+ then i'd consider looking for alternative ways of saving a few percent.
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06-26-2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC Quote:
Originally Posted by dachilla What country Paypal? | Yes, the Paypal account was created in Romania. Quote:
Originally Posted by JamesNorth101 Is your PayPal Romanian? | Yes, the Paypal account was created in Romania. Quote:
Originally Posted by Play I think thats a good rate you have already.
If you try going the withdraw to VCC, then buy bitcoin, you'll still lose a little bit in currency conversion / buying fees etc.
I'd keep it simple and stick to how you're currently doing it.
If the rate was 10%+ then i'd consider looking for alternative ways of saving a few percent. | I don't have a working method currently, I still can't figure it out how to cashout Romanian Paypal with fees as low as possible.
That's why I'm asking because I'm out of ideas.
I need a way to Cashout Paypal on a working VCC then to crypto. (If there are any VCCs left that accept withdrawal)
Does anyone have a solution for this? Thanks
EDIT: I don't think that I can add a bank account to my Romanian Paypal. Won't work from what I know.
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Last edited by cendrix; 06-26-2018 at 04:57 AM.
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06-26-2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC
Could try Revolut?cash out to a/c... Switch to btc/eth in Rev.
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06-26-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix I don't think that I can add a bank account to my Romanian Paypal. Won't work from what I know. | Have you tried? Usually that will always be the best method
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06-27-2018
| Senior Member | | Join Date: Jun 2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix Yes, the Paypal account was created in Romania.
Yes, the Paypal account was created in Romania.
I don't have a working method currently, I still can't figure it out how to cashout Romanian Paypal with fees as low as possible.
That's why I'm asking because I'm out of ideas.
I need a way to Cashout Paypal on a working VCC then to crypto. (If there are any VCCs left that accept withdrawal)
Does anyone have a solution for this? Thanks
EDIT: I don't think that I can add a bank account to my Romanian Paypal. Won't work from what I know.
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What you are trying to do is too complicated.
You can simply buy BTC with your Paypal Funds. There are enough Trusted Exchangers on the market for this.
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06-27-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC Quote:
Originally Posted by draqulla kindly point them out | Just have a little look on google. Lots about if you put in a little research |
06-27-2018
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Activity: 0% Longevity: 67% | | Re: Paypal cashout to BTC
i'd try add a bank to PayPal, if that fails (I see no reason why it should), then consider alternative withdrawal methods.
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06-29-2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC Quote:
Originally Posted by @MasterNaster What you are trying to do is too complicated.
You can simply buy BTC with your Paypal Funds. There are enough Trusted Exchangers on the market for this. | I know, but I can only do that if I pay someone up to 10-15% more. I can't do that because it won't be profitable for me anymore. That's why I said that I need to switch Paypal to BTC for max 5% (doubt someone would take that less) Quote:
Originally Posted by Play i'd try add a bank to PayPal, if that fails (I see no reason why it should), then consider alternative withdrawal methods. |
I just created a new PP account from an UK VPN then successfully verified Revolut VCC/UK Bank to it. (both)
Apparently it worked, as I received the verification codes on Revolut.
I believe I can withdraw funds from Paypal to Revolut VCC / UK bank that I linked to it.
Does anyone know if I still need to wait 21 days to withdraw funds to the VCC / Bank, if the account is newly created?
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06-29-2018
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Activity: 0% Longevity: 67% | | Re: Paypal cashout to BTC Quote:
Does anyone know if I still need to wait 21 days to withdraw funds to the VCC / Bank, if the account is newly created?
| Great stuff!
Lets say you sell an a few items for £10, your balance hits £50. I'd withdraw £10.
Just take it easy, don't sell too much, too high a value, and most importantly dont try and withdraw all your money at once.
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06-29-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix I just created a new PP account from an UK VPN then successfully verified Revolut VCC/UK Bank to it. (both) | Just remember that they have have an issue with mismatching names
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06-29-2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC Quote:
Originally Posted by JamesNorth101 Just remember that they have have an issue with mismatching names | Shouldn't I be fine if I only withdraw from Paypal ---> Card/Bank ?
I heard that they can only see the name on them if you send any funds from cc/bank TO Paypal
The names are not the same on the PP and Revolut.
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06-29-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC
When you withdraw from PP to a bank account the bank sees the name on the transfer
You cannot withdraw to a card in the UK
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06-29-2018
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Activity: 0% Longevity: 67% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix Shouldn't I be fine if I only withdraw from Paypal ---> Card/Bank ?
I heard that they can only see the name on them if you send any funds from cc/bank TO Paypal
The names are not the same on the PP and Revolut. | Put it this way, whoever is getting the money can see the name.
So if you're moving from bank to PayPal - then its PayPal that sees name.
If its PayPal to bank - then its bank that sees the name.
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06-29-2018
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Activity: 0% Longevity: 33% | | Re: Paypal cashout to BTC
Well like I said, the names are different on PP and Revolut.
Will try to withdraw PP to UK Bank account (Revolut acc)
Did anyone have problems with Revolut closing/suspending accounts for name mismatch?
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06-29-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC
Not that I have seen, but its worth research the forum
Revolut seems the type of service that would have an issue with it. Most non large retails banks do generally
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06-29-2018
| Junior Member | | Join Date: Feb 2018
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Activity: 0% Longevity: 35% | | Re: Paypal cashout to BTC Quote:
Originally Posted by cendrix Does anyone know a working VCC / method to cashout European Paypal ?
Not sure if Wirex card still works for verifying or withdrawing the balance.
The funds are mine and legit, it's just that my method requires me to cashout Paypal to BTC with a commision of lets say 5% maximum.
Does anyone know a solution for this? I live in Romania.
Basically withdraw Paypal on a working VCC then switch to crypto for low commision. | Yyou can create account in localbitcoins.com and just buy Bitcoin with the PayPal balance.
You'll just lose a few transaction costs but it's worth
Last edited by JamesNorth101; 06-30-2018 at 03:21 AM.
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06-30-2018
| | Executive [VIP] | | Join Date: Apr 2013
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC
A lot of the time if they sell BTC for PP they will ID you very heavily.
Its very very high risk for them
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06-30-2018
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Activity: 0% Longevity: 35% | | Re: Paypal cashout to BTC Quote:
Originally Posted by JamesNorth101 A lot of the time if they sell BTC for PP they will ID you very heavily.
Its very very high risk for them | Some don't ...You can check around
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06-30-2018
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Activity: 27% Longevity: 63% | | Re: Paypal cashout to BTC
There will be im sure, but the ones that will sell without the need lots of ID you will pay way way over the odds. Its just such a high risk business to be in
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