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Nairaland Forum / Nairaland / General / Business / Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? (1350 Views)
How To Buy Bitcoin Using Paypal (https://icelandtrade.xyz/) / Do You Have Old Account On Localbitcoins.com With Trade Limit Of 5-10 BTC / How To Calculate Sell Rate For Bitcoin On Localbitcoins (2) (3) (4)
Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by mmirage: 10:23pm On Feb 11, 2017 |
Hello everyone! I've got a question: has anyone tried buying Bitcoin using PayPal on localbitcoins before? If so, what was your experience? I intend to use some of my PayPal money to buy bitcoin there. Just thought I should do some research here before going ahead. Kindly share your experience. Thanks in advance. NOTE: This post is not intended to as a promotion in any way!! |
Re: Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by mmirage: 5:44pm On Feb 12, 2017 |
Still looking for answers... |
Re: Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by Birniwa(m): 7:33pm On Feb 13, 2017 |
mmirage: Transaction using PayPal is associated with high risk of losing money, for example you can use it to buy Bitcoins on Localbitcoins and still request for "chargeback" from PayPal after receiving Bitcoins from the seller on Localbitcoins. So because of this PayPal madness, alot of Bitcoins sellers there will not accept PayPal as method of payment. The few ones that will accept it there will require a lot of personal information from you which maybe inconvenient to you and/or detrimental to your online presence. |
Re: Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by mmirage: 11:32pm On Feb 16, 2017 |
Birniwa: Thanks for the response. What if one uses PayPal funds to buy gift cards on paypal-gifts.com and sells the gift cards on localbitcoins? Would that be more convenient to do? Has anyone tried that? |
Re: Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by hardenmajor12: 7:45pm On Aug 03, 2017 |
I haven't tried lbc yet. lots of issues their customers are facing according to some friends. I'd rather trade with Paxful and learn from Paxful School on facebook.. https://www./PaxfulSchool/ |
Re: Has Anyone Tried Buying Bitcoin Using Paypal On Localbitcoins? by vICADO97(m): 5:34pm On Jan 17, 2020 |
mmirage: I buy from https://icelandtrade.xyz/ |
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