Many people wants to buy and sell bitcoin using paypal.But it is risky game to sell bitcoins for seller,the reason why accepting paypal payment is risky for the person who selling coins is because Paypal payments are easy to reverse,while Bitcoin payments are never reversible.That means that buyer can take the coins back and thier payment.It can be difficult if not impossible to challenge these reversals because they really accpets postal tracking as a way to prove you provide a product thatyou can took payment for.
How to Buy Bitcoin with Paypal
Through Virwox: Virwox
A reliable method that has been around for a long time.After buying with Paypal we will then trade it to Bitcoins.Because of chargeback risk Virwox is taking on themselves they are limiting the amount you can deposit initially through Paypal or a credit card.Virwox is delaying new user transaction for upto 48 hours.If you face any problem then contact them here email@example.com.
-Go to virwox
-Open a free account
-Fill the Form
-Activate your account
you will recieve email with passsword and you have to enter that password within 24 hours to activate account.
-Change your password
-Fund your account through Paypal
Click on deposit on the left side and choose Paypal.
-Buy SLL with USD
Go To Exchange>USD/SLL on left side.Buy SLL
-Buy BTC with SLL
After buying SLL>go to BTC/SLL and buy Bitcoins with your SLL.
-Withdraw your Bitcoins.
Through Local Bitcoins: Local Bitcoins
Wide variety of sellers from around the world.Here you deal with an actual person which means that credibility also comes into play.Often the price they will offer you includes a very high ,but sometimes offers comes with more reasonable prices so you must always check which offers are available there.
Through E-coin: E-coin
E-coin supllies the virtual and physical Bitcoin Debit cards.It’s like any other debit card so you can use E-coin’s card with your Paypal account .You need to connect your card with paypal and then withdraw funds from your paypal to your e-coin card.now go to e-coin account and buy bitcoin through your e-coin debit card.
Through xCoins: xCoins
This service has an unsual system whereby purchases are effectively structured as a kind of loan.Basically this means that the buyers bowwors the bitcoin and authorizes a payment from their account to pay back the value of the loan along with fees.
How to Sell Bitcoin with Paypal
The same options are available to SELL your bitcoins.