суббота, 23 июня 2018 г.

buy_btc_with_paypal

Buy Bitcoin (BTC)

How to receive Bitcoin

First of all you need a Bitcoin address for receiving Bitcoin. You can either use an online wallet like SpectroCoin or download the official Bitcoin client Bitcoin Core. If you want to download the official client, you need to wait several hours after installation, until all necessary data (about 180 GB at the moment) is downloaded.

On mobile devices you can download the easy-to-use Bitcoin App for receiving and sending Bitcoin. With this app you can easily generate your own Bitcoin addresses and you can send Bitcoin by scanning a QR code or by copying the recipient's Bitcoin address.

Buy Bitcoin with PayPal

There are few options for buying Bitcoin using PayPal but there are several disadvantages when using this payment method like pretty high deposit and trading fees. We recommend to pay via credit card or bank transfer to save costs, if you have the opportunity to do that. If you want to use PayPal payment anyway, you can check out the Virtual World Exchange VirWoX, that supports PayPal and credit card payments. In order to get Bitcoins on VirWoX, you need to buy Linden Dollars (SLL) first and exchange them for Bitcoins afterwards. This will cost deposit fees (about 3,5%) and additional trading fees (about 4%).

You can also use a peer-to-peer exchange like Paxful to buy Bitcoin instantly with PayPal. Paxful connects buyers with sellers and supports more than 150 payment methods. Another option is the peer-to-peer network Local Bitcoins that also supports a huge amount of currencies and payment options.

LocalBitcoins

Initially, select your country if it's not automatically detected.

You'll see a list of Bitcoin offerings sorted by price including all payment methods.

Click "show more" under the list and select PayPal as a payment method.

Now you see all Bitcoin sellers that accept PayPal.

Next to the seller two numbers are shown: The first one is the total number of confirmed trades of the user, the second one represents the feedback score displayed in percent. Click the seller to see additional information like the account creation date, blocks and verification.

Choose one of the available sellers and click "Buy". Please read the respective conditions carefully and note that the site LocalBitcoins only provides the peer-to-peer platform, the Bitcoins are sold by private individuals.

Select payment via PayPal and click "buy Bitcoin now".

On the next screen all available offerings are shown.

Every user on the site gets a reputation score, which is calculated on the basis of positive and negative votes. Use this score to choose a reliable Bitcoin seller.

If you can find a good offer that you want to accept, you need to create an account first.

Enter the amount of money you want to spend and click "buy now". The corresponding Paxful fee appears to the top right of the box.

Another way to get Bitcoin instantly via PayPal payment is a secured loan offered by the peer-to-peer Bitcoin lending site xCoins. Just like the two peer-to-peer sites described above, xCoins is a platform that brings together lenders and borrowers. If you want to learn more about this method, just visit the xCoins FAQ for more details.

Buy Bitcoin with Credit Card

If you have a Visa credit card, you can use CoinMama to purchase Bitcoin. Coinmama is easier to use than most other exchanges, you just need to enter the required amount. Furthermore there is the exchange site CEX.IO which accepts several credit and debit cards. There are two options to trade Bitcoin on CEX.IO. You can buy instantly (click "BUY/SELL") or do a market trade instead (click "Trade").

About Bitcoin

Bitcoin (BTC) is the first decentralized payment system featuring peer-to-peer blockchain technology. In the early 2009 the first block of the Bitcoin blockchain was mined and the network started working.

The current circulating supply is about 17 million BTC and the maximum supply at the time when all Bitcoins have been mined is 21 million BTC.

How to Buy Bitcoins with PayPal

We can both agree on this:

Buying bitcoins with PayPal is hard and confusing.

Luckily, today we'll show you how easy and fast it can be.

We've put together the complete guide on how to convert PayPal to bitcoin.

We'll get into the tutorial soon.

First, understand this:

VirWoX is the easiest and most popular way to buy bitcoins with PayPal.

VirWoX is the workaround/hack discussed in this guide.

It's not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply trying to steal your passwords and personal information!

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

VirWoX: The PayPal to Bitcoin Exchange

VirWoX

Here’s what’s funny:

Technically, VirWoX is not a Bitcoin exchange.

VirWoX primarily serves as a market for Second Life Lindens, a currency used in the virtual world, Second Life.

Although you cannot buy bitcoins with PayPal directly through VirWoX, it is possible to buy Second Life Lindens (SLL) and then sell these for bitcoins.

While complex, this process works reliably.

The major drawback is that all the associated fees total roughly 10%.

A quick step-by-step guide on how to buy bitcoins with PayPal on VirWoX exchange:

  1. Deposit dollars or euros using PayPal to VirWoX exchange.
  2. Purchase "Second Life Lindens" with your USD or EUR
  3. Buy bitcoins with your "Second Life Lindens"
  4. Withdraw the BTC to your own Bitcoin wallet!
  • The easiest and perhaps only reliable way to purchase bitcoins with PayPal or Skrill
  • Convenience at a price; around 10% in fees to buy bitcoins with PayPal

Note: You may need to wait a couple days after opening a VirWoX account before you can deposit money.

After your first deposit, future deposits can be made instantly.

Your initial buying limit is $90 per day or $270 per month, although these limits grow quickly with time!

Before we start:

You'll need a Bitcoin wallet to withdraw your coins to after you buy.

Don't have a wallet?

Read our guide on the best Bitcoin wallets.

Recommendation

The 10% fees are crazy high for buying bitcoins with PayPal.

Were you buying with a PayPal account connected to your credit or debit card?

The fees are much lower and you'll get your bitcoins faster.

Still want to buy BTC with PayPal? Keep reading and we'll show you how!

Tutorial: Buying Bitcoin with PayPal on VirWoX

Here are step-by-step instructions to help make buying BTC with PayPal easier:

1. Open an account on VirWoX

From the home page, click on “Not registered yet?”

2. Enter the details for your account

Now you’ll enter your details in order to create an account. Don’t get confused by the section titled “Link to avatar”. You can leave this untouched.

3. Check your email

At this point, your account has been created. A temporary password will be emailed to the address you provided in step two.

This password is temporary and MUST be changed. If you don’t change this password within 24 hours your account will be deleted. We show you how to change your password in the next step.

4. Change your password

Once you login with your temporary password, click on “Change settings” in the left sidebar.

5. Create a new password

Enter a new password. Make sure you choose a strong password, since you're dealing with money!

6. Deposit from PayPal

Once you’ve changed your password, click on “Deposit” in the left sidebar.

7. Deposit and select amount

Scroll down a bit to find the option to deposit with PayPal. Enter the amount you want to deposit on the left and then click the “Checkout with PayPal” button.

8. Login to PayPal

Sign in to PayPal. Note on the left side that I'm depositing $2. This is the amount I chose back in step 7. If this amount is not what you chose, go back and enter a new amount.

9. Verify account balance

If you followed PayPal’s directions successfully, you should now see a balance in your VirWoX account. Note that the amount displayed in your VirWoX account may be slightly less than the amount you entered in step 7. This is because PayPal charges a 2.9% + $0.30 fee per deposit.

After this, click on “USD/SLL”. If you deposited with Euro then click “EUR/SLL”.

10. Trade USD for Second Life Lindens

Remember how we said you’ll have to buy Second Life Lindens and then trade those for bitcoins? Well, now we’re buying the SLL. In this step you need to sell the USD you deposited from PayPal and get SLL.

Enter the amount of USD you want to sell.

11. Complete order

You can see in the top left of the image below that I now have a balance in SLL. If you now have SLL, that means everything has gone well.

Now click on “BTC/SLL” in the left sidebar. Now we’re going to exchange our SLL for bitcoin.

12. Trade SLL for BTC

The process is the same here. Simply enter the amount of BTC you want to buy and click “Next”.

13. Buy bitcoin!

That’s it! You should now see your balance in BTC displayed in the top left of the screen. You’ve successfully bought bitcoin with PayPal.

Recommendation

Did you just buy bitcoins? Don't store your bitcoins on VirWoX!

Frequently Asked Questions

If you're still a bit confused, that's okay. Buying bitcoins is hard and that's why I built this site.

The FAQ section below should answer all of your remaining questions.

Is using VirWoX really the fastest and best way to buy bitcoins via PayPal?

PayPal bans its users from selling bitcoins for PayPal funds.

Even if sellers were allowed to accept PayPal for bitcoins, the risk of fraud and chargebacks would be too large and premiums/fees would likely be higher than VirWoX.

One way that may be better is if you are able to find a local dealer at a Bitcoin meetup. If someone you trust is willing to sell you bitcoins directly for PayPal, this a good option.

Recommendation

The fees are crazy high for buying bitcoins with PayPal.

Were you buying with a PayPal account connected to your credit or debit card?

The fees are much lower and you'll get your bitcoins faster.

As a PayPal merchant, can I accept bitcoins?

There have been rumors of Bitcoin integration for PayPal merchants. At this time, however, this is still no way to accept bitcoins through PayPal's merchant tools.

Does PayPal Accept Bitcoin as a Deposit Method?

You can't fund your PayPal account using Bitcoin from within PayPal.

Using an exchange like Coinbase you can sell bitcoins to your PayPal account.

Can I Buy Bitcoin with PayPal on Coinbase?

Is There a PayPal Bitcoin Wallet?

Even so, PayPal still has not integrated Bitcoin with its services.

Is there a VirWoX Review I can read?

We've put together a complete review of VirWoX. To read it, click here.

Can I Buy Bitcoin with PayPal No ID?

VirWoX does not require ID to purchase although you may be required to use a verified PayPal account.

What is Paxful?

Paxful is a LocalBitcoins type service that also allows people to buy bitcoin with PayPal. We don't list it here, though, since VirWoX is the main method we can recommend for now.

recommendation

Do you want to buy bitcoins more privately? Try buying bitcoins with cash instead.

Should I leave my bitcoins on the exchange after I buy?

We really recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don't want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Can you sell bitcoins to PayPal?

As mentioned above, you can use Coinbase in the USA and some of Europe. The fees for selling bitcoins to PayPal are 3.75% using Coinbase.

You can always reverse the process explained in this post, but that comes with the same crazy 10% fees.

Can you buy other cryptocurrency using this method?

You can use this method to buy bitcoins and then trade the bitcoins for another cryptocurrency using an exchange like Poloniex or Kraken.

Does Poloniex accept PayPal?

Poloniex is currently one of the biggest crypto exchanges and many people want to know if it accepts deposits via PayPal.

Well, the answer is no. Poloniex only deals with cryptocurrency and does not accept deposits using credit card, bank transfer, cash or PayPal.

VirWoX Review

Payment Methods Accepted

On top of PayPal, you can use the hack above to buy bitcoins using other methods like Skrill or Paysafecard.

Here is a complete look at all methods and currencies VirWoX accepts:

Supported Countries

Anyone in the world with access to the payment methods above can deposit on VirWoX.

VirWoX doesn't require any personal details, but the payment methods VirWoX accepts all require your name and other personal details.

Limits & Liquidity

VirWoX has deposit limits, but there is no limit to how much you can trade on the exchange.

All of VirWoX accepted payment methods are credited to your account immediately. Your account may take a couple days to be verified, but after initial verification all deposits are instant.

Reputation

VirWoX is a regulated company based in Austria.

Customer Support

VirWoX offers support via email: [email protected]

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don't store your bitcoins on exchanges.

I've been buying bitcoins for more than three years. I've never lost any money to scams or thefts. Follow the guidelines in this article and you'll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your credit card information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don't store coins on the exchange. Already mentioned above but worth repeating.

Secure Bitcoin Hardware Wallets:

Bonus Chapter

How to Buy Bitcoin with PayPal on LocalBitcoins

We don't recommend buying bitcoins with PayPal on LocalBitcoins. The prices are much higher than VirWoX and the limits usually lower.

With LocalBitcoins, the fees are even worse as the premium is about 20% compared to the global Bitcoin exchange rate. Plus another 1% charged by LocalBitcoins!

Another difference is with LocalBitcoins you are dealing with an individual seller rather than a marketplace. You will also need a verified phone number connected to your LocalBitcoins account.

To start, login to LocalBitcoins and then enter your buy amount and PayPal as the payment method:

You should now see a list of sellers willing to accept PayPal. Note that when I wrote this guide, the price of Bitcoin was $1,000 so the prices are mostly even more than 20% above the market rate!

Click on one of the sellers and you'll see a page like this:

In the example above, you can see the buyer's limits on the left side (25-100 USD). On the right, the buyer has laid a number of rules and requirements for your PayPal account. This buyer, for example, requires that you send a picture of your photo ID, have a verified PayPal account, and also send a selfie holding your ID. VirWoX does not have any of these requirements. Also, most sellers on LocalBitcoins do not sell to residents of New York.

Note, you can also check a seller's feedback and history. Click on the username on the right side and a new tab will show that looks like this:

This seller has 3,000+ confirmed trades so your transaction would likely go through smoothly. If a seller has no feedback/history, this is a huge red flag!

If you had a verified account then on the left side you would be able to enter how much you want to buy and go through with your trade!

5 Methods to Buy Bitcoin With PayPal Instantly in 2018

Last updated on April 30th, 2018 at 02:58 pm

Buy Bitcoin with PayPal – step by step tutorial

One of the biggest issues today in Bitcoin is the fact that you can’t buy it very easily. Even though PayPal has been very favorable of Bitcoin in the past 4 years, it’s still an issue to find credible places to buy Bitcoins with PayPal in 2018.

Why won’t PayPal allow this ? Simple. There are numerous chargeback cases created by scammers who buy Bitcoin with PayPal from you and then claim they didn’t receive anything. This way they get to keep their money and their Bitcoins (here’s a short video illustrating this).

Post summary:

  1. Go to Virwox
  2. Deposit money to your account with PayPal
  3. Buy SLL on the SLL/USD exchange
  4. Buy Bitcoins with your newly purchased SLL on the SLL/BTC exchange
  5. Withdraw your Bitcoins

And now for a more detailed explanation and some additional options…

Bitcoin exchanges

Local Bitcoins

Buy Bitcoins with PayPal through eToro

Pros: Relatively low fees, variety of payment methods accepted

Cons: You don’t actually own the Bitcoins, not available in the US

The easiest way to buy Bitcoin with PayPal if you’re only looking to profit from Bitcoin’s price swings would be through eToro. The platform will allow you to buy Bitcoins with PayPal but you will not be able to withdraw them or send them to other people – you will only be able to sell them for fiat currency (i.e. Dollars, Euros, etc.). This method is only valid if you live outside of the US.

So if you’re only looking to profit from price swings and don’t require the actual Bitcoins this is probably the easiest and cheapest way to go. If however, you need the actual Bitcoins to buy stuff or send them to another person, keep on reading.

IMPORTANT! If you use eToro you don’t actually need a Bitcoin wallet as they don’t supply you the actual coins. Also, Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. So keep in mind that your capital is at risk.

Buy Bitcoins with PayPal through Virwox

Pros: A reliable method that has been around for a long time.

Cons: High fees

Now since no exchange currently allows a way around the charge back issues of buying Bitcoins with PayPal we are going to have to go through Virwox – The Virtual World Exchange. We will use a virtual currency called SLL (Second Life Linden Dollars), This currency is used for one of the biggest virtual worlds today – Second Life.

After buying this currency with PayPal (which is acceptable) we will then trade it to Bitcoins. My guess is that Virwox is able to do this method since they are not directly selling you Bitcoins with PayPal but rather selling you SLL with PayPal which they can prove if you received (unlike Bitcoin since it’s anonymous in nature).

Things you should know about Virwox before we get started:

  • Because of chargeback risk Virwox is taking on themselves they are limiting the amount you can deposit initially through PayPal or a credit card, here are the exact limits according to their website from April 29th 2018.

  • This process holds more transaction fees than usual. This may still be a valid solution since the soaring numbers of BTC compensate for this. It’s important for you to be aware of the different transaction fees.
  • Virwox is delaying new user transactions for up to 48 hours. This means that it can take you 2 days to complete this process (still way faster than using a wire transfer).
  • If you still don’t receive the Bitcoins after 48 hours (which is very unusual) you can contact Virwox at [email protected]

1. Go to Virwox.

Virwox is an exchange of virtual currency, you can buy there Lindens, Bitcoins, and more. It has more than 400,000 registered users and is a Second Life Lindens authorized reseller.

2. Open a free account

Click on the “not registered yet” on the top of the left sidebar to open up a new account as shown here:

3. Fill out our personal details

Fill out your username and email address. Where it asks for “avatar name” just leave it at “No Avatar”, it doesn’t matter, since you’re not going to play Second Life.

4. Activate your account

5. IMPORTANT. Change your password!

Do not worry about the message saying “Your avatar connection has not been validated yet” – it is irrelevant.

6. Fund your account through PayPal

Note: From now on for each transaction you will make there will be a fee – make sure you are aware of the relevant deposit and withdrawal fees.

7. Buy SLL with USD

Note: If you haven’t made a deposit yet you will get the screen shown above requesting you to deposit before you buy SLL.

8. Buy BTC with SLL

9. Withdraw your Bitcoins

Will this method actually work?

Probably yes. I’m saying probably because I have received a handful of emails from people who weren’t able to get their Bitcoins. having said that, from all of the people who didn’t get their coins I haven’t gotten one email stating their money wasn’t returned to them. So yes, the process is a bit irritating but I have been using this method since 2013 and it hasn’t failed me yet.

How much fees will be deducted from my deposit?

This is probably the second most asked question I get. It’s important to understand that when you buy Bitcoins through Virwox you are actually conducting two transactions. USD to SLL and SLL to BTC. This means you’ll need to pay a fee for each of these transactions.

The problem is that Virwox’s fee structure is always changing that is why I advise to check each case in person before proceeding. There is a pretty cool site which shows you the current BTC/USD rate after all of Virwox’s fees. I’m not sure how reliable the site is but you can check it out for yourself here.

Are there any other methods to buy Bitcoin with Paypal other than Virowx?

Yes. However Virwox has been around for the longest time and therefore is the most reliable. If you continue reading this post I will cover 4 more methods that you can use but each of them has its pros and cons.

Buy Bitcoins with PayPal through Local Bitcoins

Pros: Wide variety of sellers from around the world

Cons: High fees, the chance of scam

If you’re still looking for additional ways you can take a look at LocalBitcoins and try to find sellers that perhaps will be willing to sell you Bitcoin with PayPal.

Local Bitcoins, unlike Virwox is a marketplace where buyers and sellers meet. If you use this option you’ll be dealing with an actual person which means that credibility also comes into play. The way you can use Local Bitcoins to buy Bitcoins with PayPal is by finding a person that is willing to sell them to you. But since the seller is taking a big risk (as I explained at the beginning of this post) the will usually charge a really big premium (most of the times this will be more expensive than Virwox). The upside is that you will usually get your Bitcoins faster.

1. Enter your search parameters

The first step will be to go to Local Bitcoins and enter how much you want to buy and from which country. Since Local Bitcoins was originally made for people to meet face to face there is no “worldwide” search which is a shame. This means that there is no way to see all of the people who are willing to sell you will PaPal worldwide other than going through each country one at a time.

2. Choose your seller

On the next screen you’ll see a list of available sellers, you can now browse them one by one. Here are the things to take into account: Feedback score – Located under the seller’s name. It’s advised to conduct transactions only with high feedback sellers.

Trade limits – Each seller has a minimum / maximum amount of Bitcoins he’s willing to trade.

Payment window – How much time you have for paying the purchase and marking the payment done after you initiate a trade. It’s also super important to read the terms of trade for the specific seller located on the right side. Here’s an example:

Some sellers will require you have an initial reputation in order to buy from them so they can avoid scams or fraud. This means that you will perhaps have to conduct some small transactions just to get reputation.

3. Complete the trade

Once you’ve found your seller just enter how much you will to buy and click on “Send trade request”.
Keep in mind that it’s crucial to conduct all communications within Local Bitcoins and preferably use their Escrow services (which are triggered automatically for all online sales). This method is faster the Virwox but it can take you a lot of time to gain enough reputation, find your seller and also the premiums are really high (around %30 and more…).

Buy Bitcoin with Paypal through Wirex

Pros: Medium fees

Cons: Requires a long time to complete (around 10 days)

Wirex is a company that supplies virtual and physical Bitcoin debit cards. Since it’s just like any other debit card you can useWirex’s card with your PayPal account. In order to buy Bitcoins with your Wirex debit card here’s what you’ll need to do:

1.Order a physical / virtual debit card from Wirex

Go to Wirex. Click on “request new card” and choose the type of card you want. It’s possible to buy Bitcoins with PayPal through both cards (physical and virtual).

A Virtual card should cost around $3 and will be enough for this process.

2. Connect that debit card to your PayPal account and verify it

Inside your PayPal account, go to “Wallet” -> “Add a card” and add your newly acquired virtual Bitcoin credit card.

One the card is added you will need to verify it. In order to verify the card you’ll need to have a balance of at least $3 on it so that PayPal will be able to charge you. Once PayPal charges you, you will see a 4 digit code next to that transaction on your Wirex account. That 4 digit code in the verification pin for your card on PayPal.

3. Deposit funds to your PayPal account

I’ll assume you know how to do that :)

4. Withdraw funds from your PayPal account to your Wirex account

Go to “Wallet” -> “Withdraw funds” and choose the “withdraw funds to your card” option.

Make sure to choose your Wirex card. The withdrawal can take up to 7 days to appear in your Wirex account.

5. Buy Bitcoins with your funded Wirex debit card

Now that your Wirex card has funds in it, you can use them to buy Bitcoins.



The whole process can take some time as verifying your Wirex card with PayPal takes some time and withdrawing the funds can take up to 7 business days depending on where you live.

Buy Bitcoins with PayPal through Paxful

Pros: Wide variety of sellers from around the world

Cons: High exchange rate, the chance of getting scammed

Paxful is the smaller less known version of LocalBitcoins. It’s a peer to peer marketplace that allows you to buy Bitcoins with almost anything (e.g. Skype credits, Amazon gift cards). The process of buying Bitcoins at Paxful is pretty simple:

  1. Create an account
  2. Choose a payment method for buying and the desired amount
  3. Choose your seller – You can either choose manually or let Paxful decide who is the best seller for you.


Once the trade initiates you will be sent in to an online chat with the seller where you can finalize the deal. The seller’s Bitcoins will be sent into Escrow and once you mark that you’ve sent your payment they will be released into your account. Keep in mind that if you don’t finalize the deal within a certain timeframe (usually 30 minutes) the deal will be auto-cancelled.

Best Methods To To Buy Bitcoin with PayPal – 2018 Guide

So you want to buy Bitcoin with PayPal?

Well, if that’s what you want; you are at the right place & I’m going to share all possible methods that you can use right now to purchase Bitcoins using PayPal. First thing first; there is no direct way to buy Bitcoins using PayPal as Bitcoins transactions are irreversible. However, there are certain indirect ways which are used by users around the globe to purchase bitcoins using PayPal money.

In this tutorial, I have highlighted some of the best ways by which Bitcoins can be purchased using PayPal.

Here are all the listed sites from where you can Purchase Bitcoins via PayPal:

  1. Localbitcoins (Most popular way)
  2. Wirexapp (The best way & at the market rate)
  3. PaxFul (Only for verified account & higher than market rate)

How to buy Bitcoin with PayPal account

This is another marketplace where you can purchase Bitcoin using PayPal. However, you need to be careful while picking the seller. However, this is best known ways to purchase Bitcoins using your PayPal account.

Click on trader name to check his feedback & trade volume. This will give you a good idea of how credible the seller is. In below screenshot you can see an example of ccredible seller:

In the past I have used Localbitcoins to purchase Bitcoins using cash & it worked fine for me. Again, you need to be smart & careful when making a purchase using Localbitcoins.

This exchange is launching in the last week of January 2018 and they have promised that PayPal deposit option will be added. For now, they are offering bonus of $500 in trading fees to the firs 10k users. You should signup for it as once UPCoin exchange launches, you will be able to enjoy the $500 of trading fees and will also be able to buy Bitcoin and other cryptocurrencies directly using PayPal and other options.

Buy Bitcoins using PayPal & WirexApp:

Wirexapp is one of the best way for anyone who is looking to buy Bitcoins using PayPal on a consistent basis. This method would take 1-2 days for the first time & after that it’s all instant. Just follow the steps mentioned in this tutorial & then you will be able to use your PayPal funds to Buy Bitcoins. This method can be used for PayPal accounts within this countries:

Bahamas, Bahrain, Botswana*, Bulgaria, Chile, Croatia, Estonia, Georgia, Gibraltar, Honduras*, Iceland, Indonesia, Italy, Jordan, Kazakhstan, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mauritius, Moldova, Morocco, Mozambique*, Oman, Philippines, Romania, San Marino, Saudi Arabia, Senegal*, Serbia, Slovakia, Slovenia, United Arab Emirates and Uruguay

  • To get started, you need a WirexApp account. Create an account here
  • When you create and verify your account, you get a free virtual visa card. (You can also order Physical visa card but for now let’s focus on the fastest method).
  • To use this method you need to add a small amount ($3) to your virtual visa card from Wirexapp. This is important to add the card to your PayPal account.
  • Now, login to your PayPal account, Click on Money & Click on Add a card

Click on Add a new card

Now here enter the virtual debit card detail you got from Wirexapp.

PayPal will ask you to confirm the new card. Click ‘Confirm my card’ and PayPal will begin a series of transactions to verify your card. This is where your balance of $3 will be used (This will be reversed later). This is a standard practice by PayPal that they use to verify an account. It will then ask you to enter a PayPal Code.

Now login to your Wirexapp account & under transaction you will find the confirmation code to verify your debit card.

Just confirm the code & you will see a success message like this.

Click on close & now you are all set to start purchasing Bitcoins using your PayPal money. Now all you need to do is, withdraw money from your PayPal account to linked Wirexapp debit card.

Usually, this takes between 1-7 days for the fund to withdraw to your linked card. Once this is done, you can use Wirexapp interface to Purchase Bitcoins. This has been one of the best way for anyone who is looking to use their PayPal money for purchasing Bitcoins at market rate. All other methods usually cost you extra for Bitcoin purchase. If you are in the countries listed above, use Wirexapp to get your first free virtual debit card (VISA powered) & use it to purchase Bitcoins using PayPal money.

Is int this cool?

This is another popular way for users like you & me to purchase Bitcoins using PayPal, Payoneer, Skrill, Gift cards to name a few. This one is similar to Localbitcoins (Above) but with cleaner UI. Paxful is listing and escrow service for sellers to trade on.

You need a verified USA Paypal account. PayPal awards verified accounts only if you link your bank, debit card and upload id. Vendors will also ask for ID for themselves before accepting your PayPal.

I will keep testing new methods that let us buy btc with PayPal. For now, you should try one of these two methods to buy Bitcoins with PayPal instantly.

Testing in progress:

I’m currently testing LakeBTC for BTC purchase using PayPal. You can also send me a tip on Twitter @denharsh

Here are few hand-picked guide related to Bitcoins that you must read:

Do share your experience of purchasing bitcoin with PayPal. If you enjoyed reading this guide, do share it with your friends on Facebook , email & Twitter.

Buy Bitcoins With PayPal account

The good news is that buying bitcoins with PayPal is possible. The bad news is that none of the options listed below is elegant, cost-effective and straightforward.

In general, you can’t directly buy bitcoins using PayPal, because it is too risky for the seller. Major bitcoin exchanges do not allow funding through PayPal at all. This is largely due to repeated cases where someone pays for bitcoins with PayPal, receives bitcoins and then fraudulently complains to PayPal or their credit card company that they never received the goods. All too often PayPal sides with the fraudulent buyer and this is understandably too risky for bitcoin seller. But there is a workaround that can be done in order to use PayPal to buy bitcoins but it holds within quite high transaction fees.

Buy Bitcoins with PayPal via lending site xCoins

Another way to get bitcoin instantly via PayPal is a secured loan (another word for “buy”) offered by bitcoin lending site xCoins. You can safely ignore the borrowing/lending wording at the page, as this is probably just semantics to avoid regulatory issues that are more strict if you operate as an exchange. For buyers, the system is pretty much risk-free and, because of the automation, is simple and quick to use. It is quite possibly the easiest place around to purchase BTC with PP quickly.

Buy bitcoins with PayPal via VirWox

You need a free account on Virtual World Exchange. Using the VirWox you can buy another currency, that is Second Life Lindens (SLL) with PayPal and then convert your SLL to bitcoins. The reason this method works is that you do not buy bitcoins with PayPal directly, you only buy SLL with PayPal and then exchange your SLL to bitcoin.

The whole process will cost you around 6% in transaction fees altogether but will let you purchase bitcoins pretty quickly as opposed to a wire transfer. They do not accept payment from unverified PayPal accounts and there is a limit of how much coins you can buy at once (starting with 88$ per day).

If you already have a PayPal account, this is a very fast, convenient and secure way to buy bitcoins. You do not have to enter any additional information and no financial information such as credit card numbers or bank accounts.

Buy bitcoins with PayPal via LocalBitcoins

LocalBitcoins is a marketplace for trading bitcoins locally to cash or on-line payments of your choice. In terms of buying bitcoin with PayPal you need to find a seller which is willing to do the sell. Trading happens in-person and the site has a built-in reputation system so you can always deal with high reputation individuals (users involved in fraud and chargebacks are weeded out). You will pay about 15% fee to the seller.

Some sellers will require you to have an initial reputation in order to buy from them (so they can avoid scams or fraud too). This means that sometimes you will have to make some small transaction just to get the reputation. Some sellers will also require your ID for the first purchase or other personal information.

Buy bitcoins with PayPal via Paxful

Similar to LocalBitcoins is Paxful. It is a marketplace for buying bitcoins directly from other people. You pay sellers directly from your personal accounts.

The problem with Paxful sellers is that you will pay about 25% in fees for buying bitcoin with PayPal. The good side of this platform is that if you are a buyer, you are 100% protected. They verify and check all of the sellers for your safety. Pay with confidence, 2-factor, escrow, highest level encryption and professionally audited security. Most of the sellers will require your ID for the first purchase or some other personal information.

Buy Bitcoins with PayPal at trading site LakeBTC

If you can wait 30 days, another option to purchase bitcoins with PayPal is bitcoin trading site LakeBTC. Although they support a huge amount of traditional currencies as a deposit option, only US Dollar PayPal payments are accepted.

First, you need to create and verify your LakeBTC account. Then you deposit USD into your account via PayPal, with deposited USD you can buy and trade bitcoins. Important: USD funds credited to your LakeBTC account via PP will be available for buying immediately, but withdrawals and payments with your newly acquired bits will be available 30 days later. The fee is very high for this kind of transaction – a bit more than 10%.

Buy Bitcoins with PayPal via Wirex

There is also a way to get bitcoins with PP with a workaround, offered by Wirex virtual Visa card! First, get a virtual Visa debit card from them (redeem your first card for free). Then you need to link your verified Wirex virtual debit card to PayPal. After that withdraw funds from PayPal to your Wirex virtual debit card. Now that you have withdrawn funds from your PayPal account onto your card, you can buy bitcoin. Once the funds have cleared, log into your Wirex account again and select buy bitcoin.

Buying bitcoins via PayPal indirectly

Indirectly, you can purchase cloud mining facilities with PayPal and in time you will receive bitcoins for your money with some extra profit. Eobot accepted PayPal payments in the past, but please do note that this is a long-term investment and you can not get your bitcoins instantly this way.

  • If you want to sell your bitcoins to PayPal, check our bitcoin to PayPal guide.
  • You may want to check also other options to buy bitcoins
  • Some users claim, that the best way to buy bitcoin with PayPal is that you simply withdraw money from your PayPal to bank account and then buy bitcoins with bank account. If you have a bank account and can withdraw PayPal funds, we suggest this option. If you can’t withdraw, the best options are listed above.
  • There are many scam exchangers, so please do not just buy bitcoins through the first link that appears in google.
  • From time to time, you may also buy bitcoins on forums, like bitcointalk.org or reddit from trusted forum members.
  • Untested services (use at your own risk): WeSellCrypto (they must be kidding with +18% fee), Quebex (canadian and UK users only).

37 thoughts on “Buy Bitcoins With PayPal account”

This is outdated

Hi Joe, please tell us what has changed or what do you have in mind?

plz joe tell me some another way to buy btc without verification

Your momma is out dated

Thanks for the update. We removed Bitcoin Insanity as they really do not offer this option anymore.

Very outdated. Nice information otherwise. Would have been helpful 3 or 4 years ago.

As far as we are aware, there are no other reliable sources to buy bitcoin with paypal. There are a few dodgy places, but we are not going to list them.

where else can I exchange bitcoin with paypal?
please I need new updates.

So, erm, what’s the fuckin purpose of alternate currency if you cannot exchange or purchase it readily?? Also, a single bitcoin is inappropriately costly for nominal folks. $300 for a SINGLE fucking BitCoin. And ZERO recourse or liquidation options??

This is a racket not unlike the Federal Reserve, IMO.

You can put Bitcoin into a bitcoin debit card and it turns it back into dollars or into whichever currency your card is denominated with. You can even put Bitcoin into gold now.

The purpose of an alternate currency is that it isn’t controlled by banks, and cannot be confiscated by governments. When you ‘have’ money in the bank, you do not actually have money, the bank has a contract with you to pay you that amount should request it, but legally they don’t have to. NOT AT ALL.

Last year in the UK banks such as the HSBC started putting caps on how much money a person could withdraw. Over a thousand pounds (if memory serves me) and you had to give a written reason as to what you are going to do with it! Your ‘own’ money. They can do this because it’s in the legal contract. Money is nothing but a contract that banks can default on if they so wish.

Historically, this is one of the first signs of hyper-inflation and a country’s lack of confidence in its own currency (which isn’t it’s ‘own’ currency either – it’s made by the Feds or The Bank of England… neither of which are accountable to the governments or the people – contrary to popular belief.)

A country’s fiat currency is more or less done when they put in place restrictions on moving the money out of the country (during inflation/hyper inflation.)

These are the historically provable accurate signs of economic collapse:

1. Quantitive easing (we have it)
2. Currency withdrawl restrictions from banks (we have it)
3. Governments confiscating assets/money from citizens (Greece has it)
4. Moving money out of the country regulations (Not yet – but everyone wants to try to do this when the sh*t hits the fan, but by this stage, it’s too late)

So, in answer to your question, this would be why people want a decentralized form of exchange called Bitcoin that is not owned by any bank or recallable by any one institution.

In view of the article, Virwox works well, I use it all the time. In view of Localbitcoins, the article is a touch mistaken saying it’s only person to person, this implies that it has to be done face to face, which is incorrect, you can do online transactions AND meet face to face if you so wish.

its NOT outdated.. i still buy btc via virwox.. it still works!

Buy btc with paypal

There are many ways to Buy Bitcoin with Paypal.

LocalBitcoins is the easiest way to buy Bitcoin with Paypal, Cash, and other ways. But it is a bit risky as it is a marketplace and you need to be careful before closign the deal.

Check the profile of the person and then proceed the deal.

Paxful is another simple and easy way to Buy Bitcoin using Paypal and is exactly similar to LocalBitcoins.

But Paxful has much more option of payment which surely gives an upper hand to it over Localbitcoins.

The process of Virwox is quite lengthy but is more secure and the charges are a bit lower than any other way.

You can read the complete process of How To Buy Bitcoin with Paypal through Virwox Here.

Thanks for the A2A.

For purchasing bitcoin with PayPal, I would try to use a site like Paxful or Local Bitcoins . Be careful buying on here since there are lots of scammers and fraudulent sellers. If you are buying with PayPal make sure that you say nothing about bitcoin anywhere in your payment. PayPal will terminate your account if they know that you are using it to purchase bitcoin so don’t even use the word “bitcoin” or “btc” anywhere on their site.

You might also want to try some local meetup groups or find someone who is selling on a facebook group or maybe the Google+ Bitcoin group . Even if you can’t find a buyer in these groups, these communities have some incredibly intelligent and well educated bitcoiners so someone will be able to point you in the right direction.

Good luck and let me know if you have any further questions or comments.

One more option is to go with another indirect method, and that is to use a PayPal debit card. This allows you to use funds which are in your PP account, but without using PP itself as your payment method.

This method is recommended by CEX.IO . It can be used on CEX.IO , and should also work on other sites which accept debit or credit card as a payment method to purchase bitcoin.

I highly advise checking out this method, because you do not need to worry about opening up accounts on third party websites just to buy bitcoin which you plan to trade on other exchange. You are only dealing with PayPal and whatever exchange you intend to use (like CEX.IO ).

The basic steps are as follows:

1. Open an account on a site like CEX.IO which accepts PayPal debit card payments.
2. Open a PP business account (see the pros and cons to learn more about this—there are situations where a personal account may be acceptable).
3. Apply for the PayPal Business Debit MasterCard.
4. Wait for approval. After you are approved, your card will be sent to you. This takes around 7-10 business days.

Once you have your PayPal debit card, you are able to use it to pay with PayPal anywhere that MasterCard is accepted. That means that the money comes out of your PP account, not your regular bank account. As a bonus, you can earn 1% cash back.

If you screw something up and PP declines your application, wait 30 days, fix whatever you did wrong, and then try again. Note that you can only get a PayPal debit card if you are located in the USA and have a valid street address.

You now can use your PayPal debit card to buy bitcoin using PP on CEX.IO or any other website which accepts MasterCard as a payment method for cryptocurrencies.

For those who meet the requirements, this is probably one of the simplest and most straightforward ways to pay for bitcoin using PayPal, even if it is indirect.
Using this method really opens up the number of websites where you can conduct transactions. Again, very few websites accept PayPal as a payment method for cryptocurrencies, but you will find a reasonable selection accepting credit and debit cards. So long as they take MasterCard, you are all set.
You may be able to minimize your fees using this method.

This method is only available to people who live in the USA.
You generally need to have a business account in order to get a debit card from PayPal. The exception is if you have a personal account which has received a minimum of $500 within the past 12 months.
You must use a valid US street address in order to do this, not a PO box.

Купить биткоины с PayPal

Подарочные карты

Желаете быстро купить биткойны на $20? Принимаются подарочные карты. Купите карту за наличные в местном магазине (обязательно сохраните квитанцию) и обменяйте ее здесь на биткоин мгновенно.

Депозит наличных

Документ или банковский счет не требуется, просто приходите в ближайшее представительство и внесите деньги кассиру. Загрузите квитанцию и получите биткойн менее чем за час. Отличная цена!

Онлайн переводы

Не хотите покидать дом? Если у вас есть онлайн кошелек и вы не против загрузить изображение вашего документа - вы можете получить биткойн мгновенно.

Дебет/кредит

Хотите воспользоваться вашей личной дебетовой/кредитной карточкой? Загрузите документ и заплатите продавцу немного больше, и вы получите биткойны мгновенно. Подойдет ваша личная дебетовая или кредитная карта VISA, MasterCard или AmEx.

Buy Bitcoin with Paypal

As of today, there is still no direct way to buy Bitcoin with Paypal from a Bitcoin exchange or trading platform.

WHY?

Paypal’s protection program is heavily favored for buyers. The system was created so buyers feel protected from bad service, broken products or missing items. The burden of proof, in cases of disputes, is always with the seller. This is normally a good thing but unfortunately, scammers have figured out ways to game the system and make fraudulent claims.

Because Bitcoin exchanges or trading platforms don’t want to deal with losses due to these fraudulent claims, it is why buying Bitcoin with Paypal is non-existent even today.

However…

…there are still some creative ways to buy Bitcoin with Paypal. The first is to utilize a virtual world exchange called Virwox which specializes in Second Life Linden Dollars. The second is to use a person-to-person Bitcoin exchange service called Local Bitcoins.

Buy Bitcoin with Paypal Summary:

  • Sign Up At Virwox
  • Deposit Money Into Your Account Using Paypal
  • Buy SLL On The SLL/USD Exchange
  • Use SLL To Buy Bitcoins On The SLL/BTC Exchange
  • Withdraw BTC Into Your Wallet

Buy Bitcoins with PayPal with Virwox

The online virtual world, Second Life, has been running for the past 14 years. And within that time Paypal has vetted and approved purchasing of its in-game currency SLL (Second Life Linden Dollars). Because of this, Virwox has people around the globe buying SLL using Paypal daily.

Luckily Virwox also implemented exchanging of SLL for BTC and that’s how you will be able to buy Bitcoin with Paypal with Virwox.

Things you should know about Virwox

Since Virwox is still taking a risk with Paypal deposits, they limit the amount members can deposit daily with Paypal based on levels. And the levels are based on the days since the member made his/her first PayPal deposit.

All things considering, the levels are very relaxed. After 90 days from your first deposit, you are allowed to deposit over $6500 dollars with PayPal. That’s $6,500 Bitcoin you can buy with Paypal!

Vierwox also states that

Unfortunately, PayPal charges us fees for its services, which are deducted from your deposit. Also, the fee varies with currency, location of customer, payment method used, transaction size, and the size of our previous transactions with PayPal; so the exact fee is only known to us after the transaction has taken place. As an example, the current fee for deposits in Euro for customers with their PayPal account kept in Euro is 0.35 Euro plus 3.4% of the transaction.

Sign up at VirWox

Simply click on this VirWox link and click on not registered yet on the left sidebar.

Next, choose a username, enter your email address and leave the avatar name to the default “No Avatar.”

Click “register” and next you will get an email confirmation with your temporary password. Copy the password and log back into VirWox using your selected username.

After you log in, make sure you change your password by clicking on Change Settings on the sidebar.

Deposit Money Into Your Account Using Paypal

Click on Deposit on the sidebar and scroll down to the PayPal Express Checkout section. Enter the amount you want deposit and click the PayPal button.

Buy SLL On The SLL/USD Exchange

On the sidebar, find and click on USD/SLL. Within the Exchange USD to SLL section, simply enter how much SLL you want to buy.

Use SLL To Buy Bitcoins On The SLL/BTC Exchange

Once you have SLL in your account, click on BTC/SLL on the sidebar and navigate to the Exchange SLL to BTC section. Buy as much BTC as you want with your SLL.

Withdraw BTC Into Your Wallet

Once you have BTC within your account, you will want to withdraw it into your own personal wallet. If you do not have a Bitcoin Wallet, get one here.

Click on Withdraw on the sidebar and enter how much BTC you want to withdraw and your Bitcoin wallet address. Finally, click on the Request Withdraw button.

And now you know how to Buy Bitcoin with Paypal using Virwox!

Now wasn’t that easy? Once you get the hang of it, it’ll become second nature.

But wait!

Didn’t I say there was another method to buy Bitcoin with Paypal using Local Bitcoins?

Yes I did, however, with Virwox you are dealing with a site that has been around for a long time and has a great reputation for their established business.

With Local Bitcoins, you are making transactions between people and sometimes with people it can get complicated and messy. However, it is an alternative way to buy Bitcoin with Paypal.

If you are curious and want to take a look, click on Local Bitcoins and take a look at the selection of sellers from around the globe.

US Search Mobile Web

Welcome to the Yahoo Search forum! We’d love to hear your ideas on how to improve Yahoo Search.

The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account.

If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, and/or profile from the Yahoo product feedback forum.

  • Vote for an existing idea ( )
  • or
  • Post a new idea…
  • Hot ideas
  • Top ideas
  • New ideas
  • Category
  • Status
  • My feedback

Improve your services

Your search engine does not find any satisfactory results for searches. It is too weak. Also, the server of bing is often off

I created a yahoo/email account long ago but I lost access to it; can y'all delete all my yahoo/yahoo account except for my newest YaAccount

I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be 'secure' then it'll be 'unfair' gaming and I'll lose because of the insecurity can be a 'Excuse'. Hope y'all understand my explanation!

I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more

chithidio@Yahoo.com

i dont know what happened but i can not search anything.

Golf handicap tracker, why can't I get to it?

Why do I get redirected on pc and mobile device?

Rahyaftco@yahoo.com

RYAN RAHSAD BELL literally means

Question on a link

In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?

Repair the Yahoo Search App.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.

I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.

We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.

I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.

I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.

I noticed that right after I accepted the agreement that said Oath had joined with Verizon I started having the problem with the Yahoo Search App.
No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.

WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.

Yahoo needs to fix the problem with their app.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more

Buy Bitcoins With PayPal account

The good news is that buying bitcoins with PayPal is possible. The bad news is that none of the options listed below is elegant, cost-effective and straightforward.

In general, you can’t directly buy bitcoins using PayPal, because it is too risky for the seller. Major bitcoin exchanges do not allow funding through PayPal at all. This is largely due to repeated cases where someone pays for bitcoins with PayPal, receives bitcoins and then fraudulently complains to PayPal or their credit card company that they never received the goods. All too often PayPal sides with the fraudulent buyer and this is understandably too risky for bitcoin seller. But there is a workaround that can be done in order to use PayPal to buy bitcoins but it holds within quite high transaction fees.

Buy Bitcoins with PayPal via lending site xCoins

Another way to get bitcoin instantly via PayPal is a secured loan (another word for “buy”) offered by bitcoin lending site xCoins. You can safely ignore the borrowing/lending wording at the page, as this is probably just semantics to avoid regulatory issues that are more strict if you operate as an exchange. For buyers, the system is pretty much risk-free and, because of the automation, is simple and quick to use. It is quite possibly the easiest place around to purchase BTC with PP quickly.

Buy bitcoins with PayPal via VirWox

You need a free account on Virtual World Exchange. Using the VirWox you can buy another currency, that is Second Life Lindens (SLL) with PayPal and then convert your SLL to bitcoins. The reason this method works is that you do not buy bitcoins with PayPal directly, you only buy SLL with PayPal and then exchange your SLL to bitcoin.

The whole process will cost you around 6% in transaction fees altogether but will let you purchase bitcoins pretty quickly as opposed to a wire transfer. They do not accept payment from unverified PayPal accounts and there is a limit of how much coins you can buy at once (starting with 88$ per day).

If you already have a PayPal account, this is a very fast, convenient and secure way to buy bitcoins. You do not have to enter any additional information and no financial information such as credit card numbers or bank accounts.

Buy bitcoins with PayPal via LocalBitcoins

LocalBitcoins is a marketplace for trading bitcoins locally to cash or on-line payments of your choice. In terms of buying bitcoin with PayPal you need to find a seller which is willing to do the sell. Trading happens in-person and the site has a built-in reputation system so you can always deal with high reputation individuals (users involved in fraud and chargebacks are weeded out). You will pay about 15% fee to the seller.

Some sellers will require you to have an initial reputation in order to buy from them (so they can avoid scams or fraud too). This means that sometimes you will have to make some small transaction just to get the reputation. Some sellers will also require your ID for the first purchase or other personal information.

Buy bitcoins with PayPal via Paxful

Similar to LocalBitcoins is Paxful. It is a marketplace for buying bitcoins directly from other people. You pay sellers directly from your personal accounts.

The problem with Paxful sellers is that you will pay about 25% in fees for buying bitcoin with PayPal. The good side of this platform is that if you are a buyer, you are 100% protected. They verify and check all of the sellers for your safety. Pay with confidence, 2-factor, escrow, highest level encryption and professionally audited security. Most of the sellers will require your ID for the first purchase or some other personal information.

Buy Bitcoins with PayPal at trading site LakeBTC

If you can wait 30 days, another option to purchase bitcoins with PayPal is bitcoin trading site LakeBTC. Although they support a huge amount of traditional currencies as a deposit option, only US Dollar PayPal payments are accepted.

First, you need to create and verify your LakeBTC account. Then you deposit USD into your account via PayPal, with deposited USD you can buy and trade bitcoins. Important: USD funds credited to your LakeBTC account via PP will be available for buying immediately, but withdrawals and payments with your newly acquired bits will be available 30 days later. The fee is very high for this kind of transaction – a bit more than 10%.

Buy Bitcoins with PayPal via Wirex

There is also a way to get bitcoins with PP with a workaround, offered by Wirex virtual Visa card! First, get a virtual Visa debit card from them (redeem your first card for free). Then you need to link your verified Wirex virtual debit card to PayPal. After that withdraw funds from PayPal to your Wirex virtual debit card. Now that you have withdrawn funds from your PayPal account onto your card, you can buy bitcoin. Once the funds have cleared, log into your Wirex account again and select buy bitcoin.

Buying bitcoins via PayPal indirectly

Indirectly, you can purchase cloud mining facilities with PayPal and in time you will receive bitcoins for your money with some extra profit. Eobot accepted PayPal payments in the past, but please do note that this is a long-term investment and you can not get your bitcoins instantly this way.

  • If you want to sell your bitcoins to PayPal, check our bitcoin to PayPal guide.
  • You may want to check also other options to buy bitcoins
  • Some users claim, that the best way to buy bitcoin with PayPal is that you simply withdraw money from your PayPal to bank account and then buy bitcoins with bank account. If you have a bank account and can withdraw PayPal funds, we suggest this option. If you can’t withdraw, the best options are listed above.
  • There are many scam exchangers, so please do not just buy bitcoins through the first link that appears in google.
  • From time to time, you may also buy bitcoins on forums, like bitcointalk.org or reddit from trusted forum members.
  • Untested services (use at your own risk): WeSellCrypto (they must be kidding with +18% fee), Quebex (canadian and UK users only).

37 thoughts on “Buy Bitcoins With PayPal account”

This is outdated

Hi Joe, please tell us what has changed or what do you have in mind?

plz joe tell me some another way to buy btc without verification

Your momma is out dated

Thanks for the update. We removed Bitcoin Insanity as they really do not offer this option anymore.

Very outdated. Nice information otherwise. Would have been helpful 3 or 4 years ago.

As far as we are aware, there are no other reliable sources to buy bitcoin with paypal. There are a few dodgy places, but we are not going to list them.

where else can I exchange bitcoin with paypal?
please I need new updates.

So, erm, what’s the fuckin purpose of alternate currency if you cannot exchange or purchase it readily?? Also, a single bitcoin is inappropriately costly for nominal folks. $300 for a SINGLE fucking BitCoin. And ZERO recourse or liquidation options??

This is a racket not unlike the Federal Reserve, IMO.

You can put Bitcoin into a bitcoin debit card and it turns it back into dollars or into whichever currency your card is denominated with. You can even put Bitcoin into gold now.

The purpose of an alternate currency is that it isn’t controlled by banks, and cannot be confiscated by governments. When you ‘have’ money in the bank, you do not actually have money, the bank has a contract with you to pay you that amount should request it, but legally they don’t have to. NOT AT ALL.

Last year in the UK banks such as the HSBC started putting caps on how much money a person could withdraw. Over a thousand pounds (if memory serves me) and you had to give a written reason as to what you are going to do with it! Your ‘own’ money. They can do this because it’s in the legal contract. Money is nothing but a contract that banks can default on if they so wish.

Historically, this is one of the first signs of hyper-inflation and a country’s lack of confidence in its own currency (which isn’t it’s ‘own’ currency either – it’s made by the Feds or The Bank of England… neither of which are accountable to the governments or the people – contrary to popular belief.)

A country’s fiat currency is more or less done when they put in place restrictions on moving the money out of the country (during inflation/hyper inflation.)

These are the historically provable accurate signs of economic collapse:

1. Quantitive easing (we have it)
2. Currency withdrawl restrictions from banks (we have it)
3. Governments confiscating assets/money from citizens (Greece has it)
4. Moving money out of the country regulations (Not yet – but everyone wants to try to do this when the sh*t hits the fan, but by this stage, it’s too late)

So, in answer to your question, this would be why people want a decentralized form of exchange called Bitcoin that is not owned by any bank or recallable by any one institution.

In view of the article, Virwox works well, I use it all the time. In view of Localbitcoins, the article is a touch mistaken saying it’s only person to person, this implies that it has to be done face to face, which is incorrect, you can do online transactions AND meet face to face if you so wish.

its NOT outdated.. i still buy btc via virwox.. it still works!

Комментариев нет:

Отправить комментарий

Related Posts Plugin for WordPress, Blogger...