Help On Buying BitCoin with PayPal (Newbie with BitCoin)

[ruckser]

Originally Posted by aspkin

Just don't hold BTC. Exchange to USD right away and withdraw if you don't want to hold it.

I'd like to see a BTC PayPal Exchange here in the forum.

If you're interested in being a exchanger send me a PM.

Aspkin great move bro, It will be great and very helpfully for international member like me and others too especially from Africa where many of our countries are not allowed to receive money VIA PayPal, Please encourage people to add PayPal to MoneyGram or PayPal to Western Union exchanges that will be very appreciated tho i don't see many members from Africa, i tried to do research 3rd party exchanges they charge around 25% to 20% that have very few different from PP to BTC, hope you will consider my idea bro.

[dachilla]

I think we all should all move forward against paypals monopoly and just stop accepting it. Only cold hard crypto cash. Cryptos to the moon!

Back to the question: virwox might be an alternative, I guess you lose "only" 15% when you use them as an exchange.

Cheers

[Jamsym]

Originally Posted by aspkin

Just don't hold BTC. Exchange to USD right away and withdraw if you don't want to hold it.

I'd like to see a BTC PayPal Exchange here in the forum.

If you're interested in being a exchanger send me a PM.

Paypal to Bitcoin is really tough.

Virwox is probably the best bet.

I listed Btc for sale on ebay as a test selling for effectively £9000 per BTC when it was worth around £3k. Out of ~20 sales 17ish were hacked PP/Ebay accounts. Even for amounts as low as 0.0001 BTC for £8.99

To trade like this on the forum you would have to implement some rules such as being a member for 12 months etc at the minimum.

BTC to paypal just attracts scammers/hackers

[PPbb]

My friend just create a stealth account in one of the countries that accepts PayPal withdrawal to Visa. Buy a prepaid Visa card that can be used to withdraw cash and link it to your PP.

Whenever you have an amount to be transferred, just withdraw to your Visa. in 2-3 business days you will get your paypal withdrawal ready on your Visa. Go to any ATM and withdraw. As simple as that Enjoy


P.S. I am currently doing this.

[natashaiera]

Originally Posted by PPbb

My friend just create a stealth account in one of the countries that accepts PayPal withdrawal to Visa. Buy a prepaid Visa card that can be used to withdraw cash and link it to your PP.

Whenever you have an amount to be transferred, just withdraw to your Visa. in 2-3 business days you will get your paypal withdrawal ready on your Visa. Go to any ATM and withdraw. As simple as that Enjoy


P.S. I am currently doing this.

But won't you need to live in the same country that you open the PayPal account in in order for it to work?

[PPbb]

Originally Posted by natashaiera

But won't you need to live in the same country that you open the PayPal account in in order for it to work?

No you don't have to be residence of that country.

[MM78]

Originally Posted by PPbb

My friend just create a stealth account in one of the countries that accepts PayPal withdrawal to Visa. Buy a prepaid Visa card that can be used to withdraw cash and link it to your PP.

Whenever you have an amount to be transferred, just withdraw to your Visa. in 2-3 business days you will get your paypal withdrawal ready on your Visa. Go to any ATM and withdraw. As simple as that Enjoy


P.S. I am currently doing this.

You need to be more specific with your advice, otherwise people assume it's easy and it can be done easily.