Paypal to Bitcoin or through a cheap method

[Scorpion Ghost]

Instant withdraws from Paypal to Debit card are the only quick and relatively cheap / mostly safe way that I know of, but it's more about the debit card. If you can find a debit card that supports instant refunds but is not a traditional bank account, this should work too, but finding that type of card would be finding a diamond in the rough.

But as far as I know Paypal would only accept a bank-issued card, and if you withdraw money from Paypal to your bank-issued card, then for all intents and purposes the money goes to your bank account.

I'm thinking more along the lines of buying bitcoins (or any other crypto really) and paying with Paypal, but not losing 10-20% on the transaction. And the main point everybody keeps making is that the people that sell bitcoin and accept Paypal charge huge fees on that because of the risk they are taking, the risk of chargebacks.

So with that logic, if you developed a relationship and built trust with somebody you could be buying cryptos from them and paying them with Paypal at a, say, 5% loss. I mean, yes there are scams out there but most people aren't scammers. Some people are just looking for a way to get that Paypal money out of Paypal without withdrawing it to a card or a bank account (for example people that use stealth Paypals because Paypal is a huge Dick, and people who are doing some tax funny business, etc).

 

[Inezz]

Ok I found a much cheaper method
Like I said it doesnt has to be BTC for Paypal but it has to start from Paypal and end on BTC
Paypal to Credit Card and then Bank to BTC - the whole thing should cost almost nothing

could you please elaborate more on how you did it? looking to buy BTC using PayPal too

 

[Scorpion Ghost]

could you please elaborate more on how you did it? looking to buy BTC using PayPal too

He literally said how he did it in his post.

He withdraws from Paypal to his debit card, at which point the money is in his bank account. And then he uses the money from his bank account to buy Bitcoins, probably through Coinbase or some other site where you can buy bitcoins/cryptos.

 

[Houdinii]

But as far as I know Paypal would only accept a bank-issued card, and if you withdraw money from Paypal to your bank-issued card, then for all intents and purposes the money goes to your bank account.

I am hearing that there is some success withdrawing to Wirex cards that are compatible with Paypal. I have no information on Wirex, but it's a good place to start looking. The main drawback is that they are a 3rd party non-Paypal partner, so any disputes go through Wirex instead of Paypal. It might be worth looking into.