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PayPal to bitcoin

  • Thread starter Thread starter Lagazine
  • Start date Start date
Lagazine said:
I wish to have a platform where one can convert PayPal funds to Bitcoin with ease. Can someone help me on how to go about it?
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But I thought PayPal as wallet where you can keep your crypto currency weather bitcoin or any other shitcioins, which should be easier buying crypto with your funds on PayPal.
 
This would be a welcomed development no doubt and one that should be implemented too on time because crypto currency and Bitcoin is on a fast rise so there is need
 
True. I think maybe some wallets allow you to fund your accounts straight from your PayPal, although I'm not so sure about this. Also I think pay pal is working on something like this.
 
Aaron625 said:
Paxful is P2P site , there are buyers of crypto who are ready to buy crypto by accepting paypal. Paxful just acts as middleman between the exchange. Its similar to localbitcoins. You can find lot of buyer and sellers associated with Paypal/crypto exchange.
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Well, I was talking about automated exchangers and many other exchangers that do not act like middlemen. How does Paxful work in countries where paypal is not supported? I live in Pakistan, so how would a person who uses Paypal would be able to conduct trade with me if I cannot pay him using paypal?
 
There are many exchange platforms that conduct such cross transaction pattern. You can Google it and you'll see a lot of them where you can exchange Bitcoin to PayPal or perfect money and so on
 
Lagazine said:
I wish to have a platform where one can convert PayPal funds to Bitcoin with ease. Can someone help me on how to go about it?
Click to expand...
Is a very simple thing to do when you have some PayPal fund you could sell it on paxful to get Bitcoin and transfer to any wallet you want to transfer it to or sell immediately as well.
 
It is anew concept, and with time it is going to be possible. Only that bitcoin is losing value and this has somewhat reduced the momentum of realizing such idea.
 
But I thought paypal was actually initiating bitcoin into it's payment system, oh well, I wouldn't know much because I don't have a PayPal account since it's restricted in my country
 
Lagazine said:
I wish to have a platform where one can convert PayPal funds to Bitcoin with ease. Can someone help me on how to go about it?
Click to expand...
That will be a very good avenue for PayPal user in Nigeria and some African countries to transfer their PayPal Money to bitcoin with ease because we can't get money directly from paypal.
 
My advice would be to use a service that has a license. Do not trust online users or use the escrow service so you will be protected from internet fraud .. You will also lose 1% of your money in exchange during the exchange
 
Will that be possible for you when PayPal has not even start that but i guess you can even buy a bitcoin with money on your PayPal account but I don’t know if the bitcoin will be on your PayPal account or wallet account
 
I think paypal is yet to implement crypto funding or withdrwal, however, they have allowed crypto investment through paypal and also use crypto funds during the checkout in limited countries.
 
From the information that is circulating around. I think PayPal has enable a system in it's system that you can convert your PayPal funds to crypto-currency. I don't know if this is available in all country.
 
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