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Transfering paypal funds to MG or WU

Discussion in 'BlackHat Lounge' started by clr88, Nov 5, 2015.

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  1. clr88

    clr88 Newbie

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    Hey guys,i've been a long time lurker & finally decided to create an account :)

    Anyway,
    What i would like to ask is which is the most optimal way to transfer paypal funds to Moneygram or Western union account(because in my country its a pain to go to agent locations).

    I've heard that i could use a "fake" uk or us account on MG and just use my debit info..but wouldn't there be an issue since my debit is from a different country?

    What other options do i have? Are there any LEGIT transfer processors that i could use?

    Thanks & appreciate any help!
     
  2. ibl0x

    ibl0x Registered Member

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    Get a middleman there are payment process there are services on talkgold that does this in which your paypal for WU/MG.
    They charge 5-30% depends really.
     
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  3. clr88

    clr88 Newbie

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    Thanks but are there really people there that i can trust?
     
  4. ibl0x

    ibl0x Registered Member

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    Mate check out the pinned threads there are alot of feedback threads dating from 06 until now.
    It all depends on you if you know how to look. Personally used a few there but it was a few months.

    Just a question is the paypal yours ? What's the point in transferring it out on WU/MG?
     
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  5. clr88

    clr88 Newbie

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    The paypal account is mine&bank-account verified.
    The issue i have is capital controls in my country(i can only send like 550$ every month) and im having hard time doing payments online.

    And regarding as of why i need wu/mg processor is that it is the preferred payment method for most of the people i work with.
     
  6. wowhaxor

    wowhaxor Elite Member

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    Go on localbitcoins.com, buy bitcoin from a bitcoin seller with your paypal. Sell your bitcoin to someone else, a bitcoin buyer, for WU, MG, bank account transfer or a number of other options. You will probably lose 5%-10% per transfer but that's not too much and if you aren't in a hurry and are willing to wait a few hours eventually someone may come on that wants to buy or sell at a worse price to get a fast trade so you wont lose much or anything (there are no fees you just lose money because most sellers sell for a little more than its worth and most buyers buy for a little less than its worth so you lose a little bit buying and then selling it to someone else). Best part is you have ESCROW so you wont get robbed.

    It does take you a few minutes (maybe even an hour) and again costs you 5%-10% usually but it works, I've done it when I had to, and you have escrow for both buying and selling to keep you safe.
     
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    Last edited: Nov 5, 2015
  7. philly3

    philly3 Power Member

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    I was going to say the same as wowhaxor. Might be harder to sell on LocalBitcoins though if you don't have an account that is somewhat old or has been used.
     
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  8. clr88

    clr88 Newbie

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    wow_haxor that sounds interesting.Then could i use the bitcoins with a website like "cryptex24"(is it legit?) ? or are there any other more trusted sites i could use?
     
  9. clr88

    clr88 Newbie

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    I just noticed that the site i just mentioned even supports paypal -> moneygram processing...but the issue is : IS IT LEGIT ? Anyone tried it/heard of it?

    Edit i was wrong,it does vise-versa : mg/wu -> paypal...
     
    Last edited: Nov 5, 2015