Quote from: navin306 on April 02, 2013, 02:43:07 AM

Quote from: Ortulas on April 01, 2013, 10:29:39 PM

Isn't the risk of buying bitcoins with paypal the same risk as buying anything else with paypal? What is considered to be the safest way to do this other than going to someone in person and making sure you get the cash in hand?

When buying material things, there is recorded delivery, posting receipt that can be used as evidence for the dispute by the seller. There is no evidence left to show paypal that you have sent your money, however even if there was, i think buying btc is against paypal rules aniway so..

I would say the safest way would be to open an account in a currency exchange (mt gox, btc-e, etc) and buy/sell from there since they will intermediate the exchange and you have no contact with the buyer or seller.

Aside from the ethical questions with paypal policy, you can always let them transfer your spare balance to your "real" bank account to then buy btc through a trustworthy exchange.
Also, btc-otc of you absolutely want to lose your paypal dollars Grin

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