5 Ways to Buy Bitcoin with Paypal – Scams and Legit ways

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  There’s no news to the fact that Paypal has been denying people the ability to buy Bitcoins with their services. It’s written loud and clear in Paypal’s TOS that they do not cover digital goods and this leads to the issue of chargeback. Hence anyone trying to sell Bitcoin with Paypal will probably be suspended from Paypal. Having said that, there are still a few options to be able to purchase Bitcoins through the use of a Paypal account. Most of them are far from perfect but if you need to acquire a small amount and it’s a one time thing you may want to consider them. Option 1 – Buy Bitcoins with Paypal through Virwox This is probably the oldest and most tried out system in the book. We’ve written about this method many times and it seems to work pretty good. The main cons of buying through Virwox is that the fees are extremely high (can amount to around %15) and sometimes you just don’t get approved. The pros is that it’s tried and tested, meaning low scam possibility. Option 2 – Buy Bitcoins with Paypal through Local Bitcoins Local Bitcoins is a market place of buyers and sellers of …