Is 25% good as a fee for purchasing BTC?

Sceptic · Jun 17, 2018

I’m about to buy BTC (not much, $400) through a stealth Paypal account.
I found a seller who’s offering to send me $400 in BTC for $500 through Paypal.
Is that a good rate or can I find lower fees?
I don’t want to use an exchange as it’s a stealth account

Sam Brenner · Jun 17, 2018

I found one exchanger for 15% on fb.

BlueFlamed · Jun 17, 2018

Some people are selling it for 10%

bartosimpsonio · Jun 17, 2018

Try localbitcoins the seller pays the fee.

thetrustedzone · Jun 17, 2018

I remember coinmama was taking 5%

awesomewebsites · Jun 17, 2018

That is a lot in my opinion. Is this deal protected through Escrow ?

Sceptic · Jun 17, 2018

Sam Brenner said:
I found one exchanger for 15% on fb.

Do you think looking for a seller through FB groups is a good idea?

BlueFlamed said:
Some people are selling it for 10%

Where?

bartosimpsonio said:
Try localbitcoins the seller pays the fee.

Just found a seller there with a good reputation (500+, 96%), but he's asking for an F&F transaction and a chargeback hold period of 3 hours, is that normal?

thetrustedzone said:
I remember coinmama was taking 5%

This is a stealth account, not my main one, so I can't send verification docs to coinmama

krishnaverma said:
That is a lot in my opinion. Is this deal protected through Escrow ?

I was thinking about using Escrow.com, then I found another seller on LocalBitcoins, and after taking a quick look, I found out that LocalBitcoins has its own escrow

awesomewebsites · Jun 17, 2018

Nerva said:
I was thinking about using Escrow.com, then I found another seller on LocalBitcoins, and after taking a quick look, I found out that LocalBitcoins has its own escrow

So this is the best deal you found on that site ?

Lauriat · Jun 17, 2018

Yes, its normal. Everyone who does this kind of exchange is risking his paypal account.

MEng · Jun 17, 2018

did try virwox? you can use stealth paypal with virwox. their fees are generally high. but i don't think it would be around 25%.
but you need to have bit older account to make a purchase of around 500$.
try to buy a older account from someone and then purchase BTC on virwox.
or try to find someone with higher purchase limits on virwox
.

LilMosey · Jun 17, 2018

i always do it under 10%

Sceptic · Jun 17, 2018

krishnaverma said:
So this is the best deal you found on that site ?

I found a better deal: $500 for $415 in BTC

MEng said:
did try virwox? you can use stealth paypal with virwox. their fees are generally high. but i don't think it would be around 25%.
but you need to have bit older account to make a purchase of around 500$.
try to buy a older account from someone and then purchase BTC on virwox.
or try to find someone with higher purchase limits on virwox
.

Does Virwox support BTC?

ausoma said:
i always do it under 10%

Where?

Visual Eagle · Jun 17, 2018

Phuuu the fee

don't pay more then 8% or 10% (most sellers offer this).

MEng · Jun 17, 2018

Nerva said:
Does Virwox support BTC?

yes they do. I have purchased in the past.

buy their currency Linden dollar using paypal then linden to BTC.

Deleted member 1176007 · Jun 17, 2018

So expensive. I'll have some guy in my city which I meet from time time to trade and he only asks 4%. He owns a bitcoin atm, so maybe that's why his fees are so low. Don't know.

LilMosey · Jun 17, 2018

Nerva said:
Where?

Localbitcoins or some other forum.. I dont think i am allowed to say the name..

Thomas Shelby · Jun 17, 2018

Is it allowed to post another site?

I always do a transaction or shopping there.

https://www.mpgh.net/forum/forumdisplay.php?f=885

I had a succeed transaction with 10%, but I'm the one who post (WTB)

bartosimpsonio · Jun 18, 2018

Nerva said:
Just found a seller there with a good reputation (500+, 96%), but he's asking for an F&F transaction and a chargeback hold period of 3 hours, is that normal?

Sounds fine. Lots of sellers there ask for several hours. One purchase I made there took 24 hours.

Is 25% good as a fee for purchasing BTC?

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