Post
Topic
Board Trading Discussion
Re: Paypal to Bitcoins
by
Supercrypt
on 28/04/2016, 09:16:01 UTC
i want to buy buy from a seller a service that cost 3 $ in bitcoin but i don't have any, what is the less expensive way to convert paypal money to bitcoins?

I don't know if there is a "less expensive way" of converting PP to BTC. The problem is that PP payments can be reversed, and the PP sender usually gets the benefit of the doubt if PP has to make a judgement wether to reverse the payment of not.
This is one of the main reasons why you won't find a lot of exchangers willing to trade PP to BTC, and most of the ones that do will charge big fees (and usually won't accept trades from lower ranked members).

Your best chance would be to trade with somebody you know IRL... I wouldn't mind accepting PP from a real life friend in exchange for some BTC.

Other options would be sites like virwox.com, but their fees are also enormous.

Good luck
Yeah, the reversion is the main problem in exchanging your money to bitcoin, no one will believe on you while transferring your money from paypal to bitcoin, you should have to accept the high fees of exchangers as there is no other way with you.