Post
Topic
Board Beginners & Help
Re: Any other ways to withdraw from exchange to Paypal?
by
starships
on 20/07/2013, 03:51:27 UTC
Paypal is just my preferred option, it's much more convenient for me. I can always deposit into my Paypal from bank or do exchange -> bank -> paypal (I think this is possible but not entirely sure. I'm guessing someone will correct me either way), but I liked being able to send it straight to my Paypal in 5 minutes and being able to buy x right away.  The whole point of mining for someone like me(ie gamer making use of their gaming hardware when it would otherwise be idling) is small purchases like this through Paypal. Can't use things like Dwolla and Coinbase because I am in Canada.

I've never looked into LocalBitcoins, can anybody let me know if this assessment from a Reddit user is correct? "1) Someone makes an offer to buy your bitcoins 2) You send the bitcoins to localbitcoins 3) When you get the cash, you send a text message to localbitcoins, the bitcoins are instantly transferred". I found 1 person looking to buy in my city.