Paypal Now Lets Shops Accept Bitcoin
by Jose Pagliery @Jose_Pagliery September 26, 2014: 6:15 PM ET This week, the payment processing company PayPal took its first venture into the world of all-digital money. Merchants that work with eBay's ( EBAY ) PayPal can now easily start accepting payments from customers that use Bitcoin ( XBT ), an independent, government-less currency. PayPal struck a deal with three Bitcoin payment-processing companies: BitPay , Coinbase and GoCoin . Bitcoin is an Internet-based system of money specifically designed to cut out middlemen, like banks and governments. So, it sounds odd to have Bitcoin processors. But they make it easier for everyday, non-tech-savvy businesses to accept bitcoins -- and immediately convert them to cash. But why take bitcoins -- which have fluctuated in price from $1,100 and $400 in the last year -- instead of proven government money? The system offers much lower transaction fees, which cost businesses a huge amount of money. The 2%-3% that shops pay in credit card swiping fees can obliterate their profits. Consider this PayPal's first -- but not last -- foray into the world of Bitcoin. The company has made clear that its interest in Bitcoin runs more than skin deep. In the last year, eBay's two top executives -- CEO John Donahoe and former president David Marcus -- have expressed interest in Bitcoin's technology. PayPal's senior director of corporate strategy, Scott Ellison, told CNNMoney the company is most intrigued by the potential to harness the technology that lies at the heart of the Bitcoin system, a public ledger called a blockchain. It's a totally new way of thinking about transactions. It keeps records that are decentralized and keeps users semi-anonymous while making their transactions public. "We think Bitcoin has tremendous opportunities Continue reading >>
The Ways To Exchange Paypal To Bitcoin
Exmo.Com is an online exchange that supports a variety of virtual currencies, such as bitcoin, Litecoin, Dogecoin, Namecoin and Vertcoin. Users can exchange one digital currency for another and they can sell a cryptocurrency for USD, the site will transfer the fiat currency to their PayPal accounts. Paypal is the most popular online payment system. You can use it anywhere, anytime. PayPal is convenient, secure and fast. It is an intermediary service that enables you to transfer your online money to a physical bank. Bitcoin is another online payment service, a peer-to-peer, decentralized cryptocurrency that has a fixed supply. Bitcoin is a currency and, at the same time, a service. It is not connected with physical money; it is independent, it is the online version of cash. You can deal with bitcoin funds at online exchanges. You may want to exchange PayPal to bitcoin. Consider that it is neither convenient nor safe, because of the fraud risk factor. Those who buy bitcoins may use false complaints against the sellers, claiming they did not receive any bitcoin. The seller cannot prove that they have provided the bitcoins the buyers were purchasing. In the end, sellers have to refund them. If you use this option, you will have to pay higher fees than the usual fee of a simple transaction. If you want to sell bitcoins for higher prices than you have bought them, consider sites like LocalBitcoins and eBay. You can use Exmo.Com, Virtual World Exchange or your credit card to exchange PayPal to bitcoin. At Virwox, you have to pay a commission fee, but the process is easier than using credit cards. Get a free account on Virwox. Transfer your money (fiat currency) to your Virwox account through Paypal. Select an option to deposit your fund with PayPal or your credit card with Sk Continue reading >>
#1 Way To Buy Bitcoin With Paypal Instantly (2017 Guide)
Buying bitcoins with PayPal is hard and confusing. Luckily, today we'll show you how easy and fast it can be. We've put together the complete guide on how to convert PayPal to bitcoin. VirWoX is the easiest and most popular way to buy bitcoins with PayPal. VirWoX is the workaround/hack discussed in this guide. It's not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today. We suggest using the exchanges listed below or doing research before buying from any exchange. Many exchanges are simply trying to steal your passwords and personal information! We do research on every exchange we list and are very careful not to include scam exchanges on our site. Note: You may need to wait a couple days after opening a VirWoX account before you can deposit money. After your first deposit, future deposits can be made instantly. Your initial buying limit is $90 per day or $270 per month, although these limits grow quickly with time! You'll need a Bitcoin wallet to withdraw your coins to after you buy. Read our guide on the best Bitcoin wallets. The 10% fees are crazy high for buying bitcoins with PayPal. Were you buying with a PayPal account connected to your credit or debit card? The fees are much lower and you'll get your bitcoins faster. Still want to buy BTC with PayPal? Keep reading and we'll show you how! Tutorial: Buying Bitcoin with PayPal on VirWoX Here are step-by-step instructions to help make buying BTC with PayPal easier: From the home page, click on Not registered yet? Now youll enter your details in order to create an account. Dont get confused by the section titled Link to avatar. You can leave this untouched. At this point, your account has been created. A temporary password will be emailed to the address you provided in step two. Continue reading >>
Exchange Bitcoin (btc) To Paypal Usd Where Is The Best Exchange Rate?
The total number working with the Bitcoin (BTC) PayPal USD direction is 5 reliable exchangers. Total reserve in exchangers: 90 894 USD PayPal. Average exchange rate: 13 932.9461 The BTC/USD official rate from BlockChain for today is 16 507.5613 Some of the exchangers presented here have additional commissions that are included in the rates in case of calculating an exchange for the sum of 1 BTC. To calculate the best exchange for your sum, use the Calculator feature. All exchangers specified in the list provide the service of exchanging Bitcoin to PayPal USD automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process. Keep in mind that change rates Bitcoin PP can be better when you go to an exchange site from the BestChange.com monitor than when you visit exchangers in a regular way. If you cannot find how to exchange the money after you go to the site, contact the exchanger operator (administrator). It is quite possible that no automatic exchange Bitcoin to PayPal USD is available at the moment and your exchange will be processed manually. If you fail to convert Bit Coins to Pay Pal USD in the exchanger you got interested in, let us know about it so that we can take the necessary measures in time (discuss the problem with the owner or exclude the exchanger from this exchange direction). You can also visit our forum in order to view offers about manual exchange from our other visitors. You can trust all exchangers listed here. The BestChange.com monitoring service contains only reliable exchangers verified by our administrator. All of them have high business levels, good reserves and enough experience in the exchange business. Before you sta Continue reading >>
Transfer Bitcoin To Paypal Usd | Unichange
Perfect Money account is not your personal Member ID which contains only digits, it is account number which starts from U (dollar account), E (euro account) or G (gold account). When you use our service you can use only U or E accounts. Bitcoin address consists of 27-34 alphanumeric characters, beginning with the number 1 or 3. Fasapay account consists of 2 letters and 5 digits (example: FP00000). PayPal accounts are your e-mail accounts in appropriate system. Type additional contacts. This information is optional. You can add any of your contacts so we can contact you in case if some additional information needed. You will be notified on your cell phone when the order is completed. Continue reading >>
Can Bitcoin Be Transferred To Paypal Account?
Answered Sep 10, 2017 Author has 671 answers and 2.7m answer views No, Bitcoin can only be transferred to another Bitcoin wallet. A Bitcoin wallet is used to signal ownership of your Bitcoins, the Bitcoin themselves are stored on the blockchain. Imagine a table, on that table there is an apple and two pieces of paper with different names written on each of them. When you buy Bitcoin from an exchange the apple is placed next to the first piece of paper (the wallet of the Bitcoin exchange), the second paper has your name on it and is yours. To transfer the Bitcoin you move the apple from the first paper to the second paper, now you own the Bitcoin. Every wallet comes with a public key and a private key, the public key is used to receive bitcoins and the private key is used to spend bitcoins. If someone has access to your private key they have access to your funds so you must keep it safe. There are wallets out there that come with wallet seeds, these have the ability to generate new private keys which makes them more robust than regular wallets, another thing to mention is that when you store coins on an exchange you do not have access to the private key which is why a personal wallet is recommended for long term storage. You can download the official Bitcoin software wallets or you can get the Ledger Nano S or Ledger Blue - Hardware/Physical wallets that store your private keys securely offline with BIP 16, BIP 32, BIP 39 and BIP44 encryption to prevent coin loss due to hackers, viruses and malware. You can find out more about how to store and invest in Bitcoin using these guides: Continue reading >>
Sell Bitcoin Paypal - Exchange From Bitcoin To Paypal Usd
Sell your Bitcoins for USD on your PayPal account easy, fast and secure here at Evonax.com. Whatever you have mined, exchanged or bought Bitcoins you can easily sell your coins by exchanging them to US dollars through Evonax.com your USD will be transfered to your PayPal account within 2-3 days (most exchanges are processed within 8 hours). Start exchanging Bitcoins to PayPal (USD) today! Go to the frontpage and start your exchange by choosing from Bitcoin and to PayPal Enter the Bitcoin amount you want to exchange into US dollars on your PayPal account Click Start exchange and send your coins to the unique Bitcoin address provided to you After we receive your coins we will send the USD to your PayPal account All PayPal accounts in the world can receive US dollars. Afterwards you can easily make a withdrawal to your local bank account directly from your PayPal account in your local currency. PayPal has 162 million active digital wallets and is available in 203 countries PayPal support more than 25 currencies and we handle all exchanges USD PayPal was inveted 1998 and Bitcoin was inveted in 2009 PayPal helps people and businesses accept and make payments in more than 100 different currencies The Bitcoin market cap are today more than 6,405,390,911 USD The Bitcoin trading volume within 24 hours is more than 67,719,700 USD The bitcoin technology is based on the blockchan while PayPal is based on normal peer-to-peer transactions Exchange and sell any altcoin to US dollars through PayPal Here at ExchangeMyCoins.com you can exchange Litecoin , Bitcoin and Dogecoin to USD through PayPal. You are free to exchange between the different crypto currencies and can furthermore exchange your coins into real money transferred directly to you PayPal account. Actually it is quiet easy. Continue reading >>
Bitcoin To Paypal | Btc Exchanging Made Easy!
Here you choose the cryptocurrency you want to exchange, options are: Bitcoin, Ethereum and NXTcoin. We choose Bitcoin. And on the same page you need to choose one of the following payout providers: Amazon Gift card, Skrill, NETELLER, PayPal or SEPA we chose PayPal. Now you need to decide how much you want to spend in our case we went for 1 BTC. Now you need to type in the PayPal Address, where you want the money to go to. This is the Bitcoin Wallet Address, where a refund will be madeif the transaction somehow fails. In our case the transaction didnt fail, so we cant talk about this much more. This is the final step before you say goodbye to your Bitcoin and hello to the real money in your PayPal Account. You can see the new Current Price (the Bitcoin Price is always changing, so they are offering you the most recent one.), Sell Amount (what you are selling), PayPal Fee, What you receive and PayPal Address. Press Sell Now to finish the BTC -> PP Process. Confirmation: Bitcoin/PayPal Order Successful After pressing Sell Now, it says the order is successful but you still need to transfer the Bitcoin to Coinimal! So we transferred the one Bitcoin to their address. Hurray! You are now finished converting Bitcoins to PayPal money. Here is the Email Confirmation we got, after placing the order: Now you need to wait some time for the Bitcoin transfer to be approved by enough participants in the BTC-Block-chain. After some hours we got the money to PayPal, success! Summary on how to exchange Bitcoin to PayPal The Bitcoin price in EUR at the moment of selling was: 381. Continue reading >>
How To Transfer Bitcoins To My Indian Bank Or Paypal Account?
How to transfer bitcoins to my Indian bank or PayPal account? I have recently joined free bitcoin and opened an account on Blockchain.info. I have studied the FAQ, but still I am not sure about how to transfer to PayPal and am unable to understand if I can withdraw directly to my PayPal account or whether I need an exchange. Because this is a very new currency, I am not sure how to transfer my bitcoins in to my paypal account or in my Indian bank account,and please let me know the minimum withdrawal limit. This is a public Questions and Answers site, so "Sir" or "please provide answer for queries" style language makes reading the question akward. Just a tip for the next time :) Mikko Ohtamaa Jan 8 '14 at 23:55 There are other sites in India, but unocoin.com can sell bitcoin for INR ChrisW Apr 16 '14 at 17:05 Bitcoins cannot be "transferred" to any fiat currency or any bank account. If you need to liquidify your bitcoins and you want to get fiat currency in exchange, you can sell your bitcoins in Bitcoin exchanges. Alternative is that you directly spend bitcoins on bought products and services. If you just want to store your bitcoins you can create your own local Bitcoin wallet independent of online bitcoin services . No financial institution will touch bitcoins. In fact, most banks and PayPal are openly hostile towards anything having word "bitcoin" on it. Good options to sell your bitcoins in India is LocalBitcoins where you can sell bitcoins online, or on the street with cash . Be aware that there are some risks, and those risks are especially when selling bitcoins on PayPal . Unless you are professional you should not be doing Bitcoin sells on PayPal. What I would do is that I would transfer my bitcoins to LocalBitcoins trade wallet, pick a trader with high reputati Continue reading >>
Buy Bitcoin With Paypal
Paxful is the best place to buy bitcoin instantly with PayPal Paxful is the place for you to sell your Bitcoins fast, easily and smart. You can use Paypal to trade your Bitcoins instantly and securely worldwide. current bitcoin market price 16734.23 USD Unfortunately there are no offers PayPal, please try other ways to pay Unfortunately there are no offers PayPal, in selected amount range, please browse offers with other amounts Paxful Inc. has no relation to MoneyGram, Western Union, Paxum, Paypal, Amazon, OkPay, Payza, Walmart, Reloadit, Perfect Money, WebMoney, Google Wallet, BlueBird, Serve, Square Cash, NetSpend, Chase QuickPay, Skrill, Vanilla, MyVanilla, OneVanilla, Neteller, Venmo, Apple or any other payment method. We make no claims about being supported by or supporting these services. Their respective wordmarks and trademarks belong to them alone. Continue reading >>
Suggest A Bitcoin Wallet Have Paypal Support
Suggest a bitcoin wallet have PayPal support suggest a bitcoin wallet which support PayPal so I can transfer my bitcoin to my paypal account as $ also transfer from paybal to my wallet as BTC suggest a bitcoin wallet which support PayPal so I can transfer my bitcoin to my paypal account as $ also transfer from paybal to my wallet as BTC None because of lots of factor. If ever there is, I doubt you will use it because I will expect big fees to that. I suggest to make deal with the trusted person here instead. There is obviously some fees included but I think lowered compared to the company itself that having such services like that. Also the success rate is around 90% and no shady activites involved. I am not aware of many. But I am aware of coinbase allowing withdrawals in PayPal . Here is article you will find useful to start with on coinbase : And withdrawal fees is around 4% in coinbase : What you are looking is a 2 parallel lines that might not meet forever, it is easy to see a wallet that support btc to paypal withdrawer but not the other way around unless you are willing to shed some percentage by passing through localbitcoin, paxful or services like that and they are not automatic unless www.virwox.com which will reduce your funds by 20% or more. There is no any bitcoin wallet that supports direct buy/sell of bitcoin because trading bitcoin is illegal in paypal terms & condition. But they have recently made an agreement with coinbase, and they support buy/sell of bitcoin for paypal only for US citizens. Don't know much about how this works because i am not from USA. You can't buy bitcoin and pay with paypal unless paying very high fees, recently I found out about a trusted forum member buying your bitcoins and paying you in paypal, I'm sure you could find a way Continue reading >>
Easiest Way To Convert Bitcoins To Paypal? : Bitcoin
Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>
How Do Paypal And Bitcoin Stack Up For International Money Transfers?
This is what you lost from the transfer if you used a credit card: In total, funding a transfer through PayPal with a credit card costs $58.05. If you use a bank transfer, youll pay a 1.49% fee. It takes three business days to add your bank account. If you fund the transfer with a credit card, youll pay a 3.99% fee. Buying bitcoins is instant. Say the mid-market rate for US dollars to bitcoin (XBT) is 1 = 0.0013 XBT. At that rate, your $1,000 is worth 1.3 XBT. You get a rate of 1 = 0.00128 XBT on the bitcoin platform. So: According to the mid-market rate, 1.28 XBT works out to $984.62. Here, youve lost $15.38 on the exchange rate. You send bitcoin to your recipient, who also has an account with the bitcoin platform. This makes the transfer free. Now your recipient has 1.28 XBT, and she needs to sell it for euros. Once she does, shell lose some money from the selling fee and the exchange rate. For simplicity, well calculate losses in US dollars. Your recipient sees that 1.28 XBT is worth $1,000 on the bitcoin platform. She needs to pay a 1.49% fee to sell, which comes out to about $14.90. Shes effectively selling $985.10 in bitcoin ($1,000 less $14.90 fee, calculated from the bitcoin platforms exchange rate) According to the bitcoin platforms exchange rate, $985.10 is 1.26 XBT. So you transferred 1.3 XBT, and your recipient now has 1.26 XBT. At the mid-market rate, 1.3 XBT is worth $1,000. At the mid-market rate, 1.26 XBT is worth $969.23. This comes out to $30.77. This is the total amount lost from the buying exchange rate, the selling fee and the selling exchange rate. (You paid the buying fee at the beginning of the process.) Then theres a 0.15 EUR fee to withdraw the funds, which works out to about $0.16. This is the total amount lost from the transfer if you first Continue reading >>
How Do I Cash Out Or Make A Withdrawal?
Once you complete a sale, you'll receive the money into your Cash Balance and be able to either withdraw into your bank account, PayPal account or Bitcoin wallet. To request a payout, follow the steps outlined below: Go to Menu > Wallet > Balance> Request Payout Click either PayPal, Bank Transfer or Bitcoin under "Payout Choices" and enter your information Enter the amount in the "Payout" sectionand press "Confirm Payout" Menu > Balance > Cash Balance > Available for Payout Bank Transfer (USA only) TEMPORARILY SHUT DOWN If this is the first time you are withdrawing money to your bank account, it may take up to 7 days to process. Afterwards, it will take 2 days. Please see Stripe's FAQ for more information. Bank transfers are only available in the US. If this is the first time you are withdrawing money to your PayPal account and do not see the money within 3 days. Please make sure your PayPal account is completely verified or you will not be able to receive your withdrawal. Please see PayPal's FAQ for more information . In order to be able to withdraw to Bitcoin, you'll first need to apply through Gameflip and be approved. Once approved, you'll be able to request a withdraw to Bitcoin. Please note that the payout for the withdraw request can take up to 4 days to be paid. As well as the Bitcoin exchange rate will be determined at the time of when the payout occurs, not when the withdraw request occurs. This means that depending on the exchange rate, you may receive more or less than expected at the time of withdraw request. Exchange rates are always converted from USD > BTC. Please see How to withdraw Bitcoinfor more information . Continue reading >>
How Do I Transfer My Balance To Another Currency?
Find answers or join the conversation in the Community Help Forum . How do I transfer my balance to another currency? You can transfer some or all of your PayPal balance from one currency to another. Here's how to convert your balance to another currency: Currency conversions are not available for PayPal accounts in Argentina, Brazil, and Malaysia. You can transfer some or all of your PayPal balance from one currency to another. Here's how to convert your balance to another currency: Click the Profile icon next to "Log o and select Profile and settings. Click More next to "PayPal balance," then click Currencies. Enter the amount you want to convert under Currency Exchange. Select the currency to convert the funds from. Select the currency to convert the funds to. Click Calculate to see the currency conversion. Click Exchange Currency to confirm the transfer. Currency conversions are not available for PayPal accounts in Argentina, Brazil, and Malaysia. Were sorry, the page youre looking for is no longer available. Please try your search again in our Help Center if you have a question or want to contact us. How do I select a currency for my primary balance? Heres how to select a currency for your primary balance: Click Details next to your balance. Click Manage currencies. Select the currency you want and click Make Primary.Your primary balance is your default currency. Your default currency is used to send and request payments. How do I send a payment in another currency? Heres how: Log in to your PayPal account and click Send Request at the top of the page. Choose how you are sending your money. Enter the payment details, select the currency from the list, and click Next. Review your payment and complete your payment. To see all How do I close a currency balance? Make Continue reading >>