Post
Topic
Board Service Discussion
Re: You can now fund your paypal account with bitcoins
by
Borisz
on 17/10/2015, 11:12:07 UTC
I can sell my coins for PayPal, but I cannot BUY coins with PayPal. Any chance this will change?
actually you can perform any transaction either buy or sell, it is very easy to find here https://bitcointalk.org/index.php?board=53.0  Grin

I was referring to this specific site.

I can sell my coins for PayPal, but I cannot BUY coins with PayPal. Any chance this will change?

When somebody sell you coins, cannot you pay with Paypal?

you can only sell at the moment and it's not directly related to someone else buying, i think it's an internal process

i mean you don't sell directly to someone that has money on paypal...

Yes I confirm. You are only trading with Coinimal directly. Never with any other person, as this is the only way we can guarantee that there will be no chargeback.

Yes, I am trading directly with an exchange provider. So how come they are happy taking my coins for PP but I can not use PP to buy their coins? Guess if I want to buy BTC with PP I will also have to make my own exchange service and offer an option "sell your BTC to my for PP".

What you are asking for is I believe not doable at the moment due to chargebacks and PayPal's policy against crypto.

I understand the issue with chargebacks and everyone's fear of scams. Yet this thread simply exists for promoting a site that will pay me with PayPal for my coins. So, it is possible (from the site's perspective). The only question is, why would I trust the site then?