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  #1  
Old 06-25-2018
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Question 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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  #2  
Old 06-25-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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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  #3  
Old 06-25-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
Does anyone know a solution for this? I live in Romania.
Is your PayPal Romanian?
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  #4  
Old 06-25-2018
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Default 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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Old 06-26-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by dachilla View Post
What country Paypal?
Yes, the Paypal account was created in Romania.

Quote:
Originally Posted by JamesNorth101 View Post
Is your PayPal Romanian?
Yes, the Paypal account was created in Romania.

Quote:
Originally Posted by Play View Post
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.

*

Last edited by cendrix; 06-26-2018 at 04:57 AM.
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  #6  
Old 06-26-2018
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Default Re: Paypal cashout to BTC

Could try Revolut?cash out to a/c... Switch to btc/eth in Rev.
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  #7  
Old 06-26-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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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Old 06-27-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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.

*

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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  #9  
Old 06-27-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by draqulla View Post
kindly point them out
Just have a little look on google. Lots about if you put in a little research
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  #10  
Old 06-27-2018
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Default 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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  #11  
Old 06-29-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by @MasterNaster View Post
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 View Post
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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  #12  
Old 06-29-2018
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Default 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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  #13  
Old 06-29-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by JamesNorth101 View Post
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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  #15  
Old 06-29-2018
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Default 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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  #16  
Old 06-29-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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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Old 06-29-2018
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Default 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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Old 06-29-2018
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Default 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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  #19  
Old 06-29-2018
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by cendrix View Post
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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  #20  
Old 06-30-2018
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Default 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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  #21  
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Default Re: Paypal cashout to BTC

Quote:
Originally Posted by JamesNorth101 View Post
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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  #22  
Old 06-30-2018
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Default 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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