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Showing 2 of 2 results by jasta2
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Board Beginners & Help
Topic OP
Best way to buy bitcoins through Paypal
by
jasta2
on 07/01/2014, 22:09:54 UTC
I want to buy bitcoins with USD using a Paypal account.  I searched Google and, I tried the VirWoX method, but with the multiple transactions required to make the purchase and get it to my wallet, the total transaction cost came to 20%, which to me seems ridiculously high.    I want to make BTC purchases in relatively low amounts like 50 to 100 USD at a time.

Does anyone know whether there are there any less expensive options out there to convert Paypal USD to BTC in my Wallet?
Post
Topic
Board Beginners & Help
Re: Need help buying bitcoins. I keep failing.
by
jasta2
on 07/01/2014, 21:59:18 UTC
VirWoX is very expensive to buy BTC.  I set up my VirWoX account, bought SLL with USD from Paypal, then bought BTC with SLL, then withdrew the BTC to my wallet.  VirWoX hits you with transaction fees with each step, After all was said and done, my $100 was converted to $80 worth of BTC by the time it got to my wallet (at the same USD/BTC exchange rate).  20% in transaction cost seems very expensive to me.

Are there any other Paypal to BTC options that are less of a ripoff?