03-08 00:04 - 'Creating a website buying/selling Bitcoin anonymously and buying Bitcoin with PayPal and other FIAT, anyone want to be my first customer?' (self.Bitcoin) by /u/NoahBTC1 removed from /r/Bitcoin within 153-163min
''' Hi, I’m launching the MVP for my website this coming week to see if anyone is actually interested in what I’m creating. It allows the buying/selling of Bitcoin anonymously and buying Bitcoin with PayPal and other FIAT. It with be similar to VirWox is the sense that it will allow people to buy Bitcoin with PayPal. Buying bitcoin on the site will take more effort on the users end but the process allows users to not have limits/not provide ID and use over a hundred other FIAT methods including PayPal. It will also allow you to use gift cards, prepaid cards or just straight up credit/debit. This is non custodial, non p2p and does not require KYC If anyone is interested in this please let me know, I’m launching soon and I don’t want to pursue something fully that no one will spend money on. ''' Creating a website buying/selling Bitcoin anonymously and buying Bitcoin with PayPal and other FIAT, anyone want to be my first customer? Go1dfish undelete link unreddit undelete link Author: NoahBTC1
Little bit of help... Coinbase + visa + Bank of America = my debit card to getting shut down and reissued.
I live in the US and was looking for the simplest way to buy and sell Bitcoins and came across coinbase. Set up an account with them and linked a credit card and checking account and bought $10 worth of Bitcoin to get my feet wet. Next I try to sell $1 worth Bitcoin to make sure the system is working. In theory this should have deposited directly into my account but in practice it equal them calling me and issuing me a new debit card. There was no fraud involved, they just did not like that. I can still purchase Bitcoins with the credit card I have linked to coinbase but now I am at a loss for what I should do with them besides hold onto them for long-term investment. I'm looking for a good workflow of buying and selling. I'm not trying to daytrade but I would like to be able sell with convenience. Also, I have breadwallet. Is this a good place to keep my coins long term?
You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipptippr or similar bots.
Anyone can also earn bch right now too on http://yours.org by posting updates that people might find interesting and/or useful. This is an amazing thing, and makes me think a lot of other platforms for earning are coming soon.
You can buy gift-cards using bch on https://cryptonize.it/product/amazon-gift-card/ - if amazn ships to you this means you can buy foods and stuff to live off of (rice/beans/soylent?etc). Disclaimer: I do not work and am not associated with any of these projects. This one it seems they're getting a lot of orders so they're still working out the kinks. (https://cryptonize.it/about/). This seems like a huge business opportunity to try and work around the stranglehold that visa and mastercard have on payments. - edit: I just realized (if they're in stock) you can buy other types of giftcards (instead of or including amzn) and sell them for cash on many card-to-cash websites, and sometimes even local kiosks.
Depending on where you are in the world some places, for example https://www.southxchange.com/ claim you can sell bch for fiat (if you really have to). YMMV and I have not done this. Remember, some banks hate crypto since it challenges them. If you're thinking of doing bank transfers to fiat from exchanges be careful - the bank may shut down your account! They may also cut-off links between exchanges at any time.
Some places like BitPay offer crypto 'debit cards' where you can fill up with btc (not yet bch?) and then spend it like you're used to anywhere visa is accepted, but don't expect these to be around forever because they rely on visa partnerships, so don't expect them to always keep fees low either.
If you don't like using Coinbase or other privacy-invasive services your options for converting bch to fiat are increasingly slim. You can try any number of exchanges that offer bch/fiat but keep in mind that security, sharing bank account info and ID info can be a big risk and sometimes the fees are huge, alternatives might include virtual exchanges such as http://virwox.com but the process goes something like BCH -> litecoin LTC -> to linden (exchange may not be cheap) -> to fiat to then withdraw fiat to skrill or paypal - fees might be steep there too and paypal hasn't been too friendly with this idea. But if you're thinking of going this route you can use Shapeshift to convert bch to ltc through coinomi.
The more places that offer ways to spend bch, the more local need for putting it back into fiat is not required. However, it is a catch-22 to expect merchants to be able to buy stock from others who are not using crypto yet and start accepting bch. Most people don't understand blockchain and with it crypto so if you're planning on asking your local shopkeeper to accept bitcoin you better have a way to make it clear to them the many advantages but also how they can use their own bch to buy produce/materials to keep the business running. (Maybe via #4). This (in my opinion) is the greatest barrier to wider bch adoption.
Why is it inherently so difficult to buy into BTC? This is a major barrier to entry that is stifling growth.
The lack of a solid service to buy Bitcoins with fiat is extremely frustrating. BitInstant's cash deposits are "down for the weekend", which means I basically have to sit on my hands until they decide to come back up.... There has to be a better way!
So I'm trying to buy bitcoin right, I have 35SGD in my PayPal and I'm trying to convert some of that into bitcoin. Not for investing reasons. Problems is, everywhere I go, I need either an ID or a verified PayPal account to buy bitcoin. That's not gonna work because I'm under 18 so Im not gonna get a verified PayPal account (no bank acct.) and I'm under 18, so ID probably won't work either. I think the site Virwox doesn't need id or verified paypal, but their fees are so high and their site is so confusing, I don't know if I'm gonna end up doing the wrong thing or not. Is there a way around this? One way I though if was depositing money from PayPal into a site like BitSkins, a market for game items worth money, then cashing out using bitcoin, but they charge 10usd every bitcoin cashout so that only high cash outs will be used. Any help would be much appreciated. Thank you very much! Edit: All I need is 5 dollars worth of bitcoin for this purchase, its 10 dollars worth of bitcoin, I have 5 dollars worth of bitcoin, if someone could sell me 5 dollar worth of bitcoin I'd really appreciate it!
no idea what to do here. received the notice last night. had hundreds if not thousands of transactions on my coinbase account. about $30k worth of sells in 2014 with 12k in buys. however, adding up all of my buys and sells at coinbase and the other 3 services i used to buy bitcoin (coin.mx - defunct, trucoin - defunct, virwox), i'm way down...to the tune of ~$15k for 2014. Haven't even looked at 2013 or 2016 yet, but I'm 100% sure it's a similar story. I live in the world's shittiest apartment, almost nothing (sub $1k) in checking, no retirement, and a load of student loan & credit card debt. I don't even know where to start. I have nothing to hide; I'd welcome the IRS into my apartment and give them a key. I obviously can't afford a lawyer or CPA. I'm in the process of tracking down my bank account statements for those 3 years because they would at least show the transactions of funds going out of my bank account and funds coming back in. It's a bit nerve wracking to get an email from Coinbase regarding an account that was closed 2 years ago stating "contact an attorney promptly". Agghhhhhh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
New to Bitcoins, how can i get $200 worth BTC with my credit/debit card
Hey Bitcoins community, please help a newcomer to get some BTC, i need $200 worth BTC urgently and whatever exchange i tried takes many hours/days to process. And also does anyone used VirWox ? i have 100$ stuck there, they didnt allowed me to add more than 99$ to my account and took 5$ commission on it, then i had to sell that USD to SLL for another commission and then withdraw that SLL to BTC with another commission, till now (around 10 hours) i didnt got any BTC on my wallet, is this a scam ?
Hey guys, I just accidentally found out that it is against Paypal's rules to buy/sell bitcoins. I basically sell bitcoins on Virwox and they give me the money via paypal and then I transfer them into my bank account. Will this get me into trouble? If yes, then fuck Paypal! This is outrageous!
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.
How to Buy Bitcoins with PayPal through eToro
Pros: Accepts a variety of payment methods, low fees Cons: Not available in the US eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.
How to Buy Bitcoin with PayPal through VirWox
Pros: A reliable method Cons: High fees VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL). Here is a step-by-step guide taking you through VirWox:
Go to VirWox.com
Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.
How to Buy Bitcoin with PayPal through Local Bitcoins
Pros: Various sellers from all around the world Cons: High fees, chances of scams Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!
How to Buy Bitcoin Using PayPal through Wirex
Pros: Normal fees Cons: Withdrawing funds takes more than a week Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
Link debit card details to PayPal account:
In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
Withdrawal would take up to 7 days to appear in Wirex account.
Buy bitcoins with Wirex debit card.
How to Buy Bitcoins Using PayPal through Paxful
Pros: Wide range of sellers from all over the world Cons: Chances of scam, high exchange rate Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party. The process to buy bitcoins through Paxful is:
Create an account
To buy, select payment method by entering the desired amount
To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.
How do I calculate taxes without complete records?
I bought bitcoin using around 10 different methods (including Coinbase and 3 other exchanges, VirWox, Paypal, Venmo, and BTC ATM's) over the past 4 years. I sold it back using just 5 different methods (Coinbase, Gemini, ItBit, BTC ATM's, and one Virwox (paypal payments)). Coinbase was nice enough to send email transactions for every buy/sell/send/receive. Gemini and ItBit, too. But I used a few other places, like CoinMX and TruCoin which are out of business and did not send me detailed email receipts...I only have record of the USD I sent to them. Over the past 4 years, I've spent ~$100,000 on bitcoin, and only cashed out $50,000. I'm not holding any coin. I don't know what the hell to do in order to calculate this.
no idea what to do here. received the notice last night. had hundreds if not thousands of transactions on my coinbase account. about $30k worth of sells in 2014 with 12k in buys. however, adding up all of my buys and sells at coinbase and the other 3 services i used to buy bitcoin (coin.mx - defunct, trucoin - defunct, virwox), i'm way down...to the tune of ~$15k for 2014. Haven't even looked at 2013 or 2016 yet, but I'm 100% sure it's a similar story. I live in the world's shittiest apartment, almost nothing (sub $1k) in checking, no retirement, and a load of student loan & credit card debt. I've never had a balance over $8,000 in my bank account. I drove Uber at night for 2 years, for god sakes, to make ends meet. I don't even know where to start. I have nothing to hide; I'd welcome the IRS into my apartment and give them a key. I obviously can't afford a lawyer or CPA. I'm in the process of tracking down my bank account statements for those 3 years because they would at least show the transactions of funds going out of my bank account and funds coming back in. It's a bit nerve wracking to get an email from Coinbase regarding an account that was closed 2 years ago stating "contact an attorney promptly". Agghhhhhh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hello all, This post aims to warn others from being robbed by BitcoinAT dot co dot uk Scammers. I tried to sell my 10 ETH on BitcoinAT they sent me ETH address, and me silly, i sent them 10 ETH with promise to get GBP instantly on my PayPal. No payment happened from their side, instead they requested additional 20 ETH so they can proceed with transaction due to high volatility. I have been emailing them to return my 10 ETH, but no response. You have been warned! Regards, Roman UPDATE: I have now figured out that when BitcoinAT does occasionally go ahead with promised PayPal payment, it is conducted through virwox dot com company. Tried contacting virwox on support at virwox dot com, but they denied it and then stopped responding to the emails. Be aware, it seems that virwox is the owner of BitcoinAT and also big Scammer. Regards, Roman UPDATE: VirWoX doesn't seem to bothered by this post at all. They replied following: Hello, Even if we wanted we could not send you ETH, simply because we do not have any. Please go ahead and start your “extensive campaign”, it will grow our business (google negative publicity). Thank you, VirWoX Support
Finally use the "Withdraw" page to send the BTC to a Bitcoin address. You can also use VirWoX as a eWallet and keep your BTC there for later use. Full details of the process can be found on dedicated website VirWoX. How to sell bitcoins. After your have opened an account, go to the "Deposit" page, scroll down to the "Bitcoin" section and click on the "Create my Bitcoin address" button. This ... To sell your BTC, first you will need the Bitcoin address to generate one click the button that says “Generate my Bitcoin address“. Then theBitcoin address that will be generated byVirWox and anyBitcoins sent to this address will automatically be credited to yourVirWoX account. New Bitcoin Address successfully Generated by VirWox; Note:To ... Please open a VirWoX account if you want the best exchange rate by trading on the exchange, or trade other virtual currencies. Virwox also accepts Russian and Chinese users that want to buy bitcoins. More details for Russian customers here More details for Chinese customers here. How to sell BTC via VirWoX. If you are looking to sell Bitcoins in a 100% safe manner and then get the fiat using ... VirWoX operated for more than 12 years, first as a place to buy and sell Linden Dollars for Second Life, and since April 2011 our users also traded Bitcoin. That made VirWoX the world's oldest Bitcoin exchange after MtGox closed in 2014. We wish to thank our more than a million customers for their loyalty in all these years. Enquiries can still be sent to [email protected] If you came here ... Sell Bitcoins on VirWoX. To start off, create a free account at VirWoX by clicking “Not registered yet” button and fill out the personal information form. Next, activate the account through email verification and go back to the dashboard page. Click button “Deposit” and then “Generate my Bitcoin address” in order to transfer BTC in your VirWoX account. Once done, convert bitcoins ...
VirWox Bitcoin Purchase Process Proof And Received In Coinbase Bitcoin Wallet
Bitcoin to Paypal - Sell Bitcoins through your PayPal account - Duration: ... VirWox - Intercambiar saldo de PayPal a Bitcoin con VirWox Fácil, Rápido y Económico. - Duration: 13:16. InfoByz ... *Bitcoins mit Sofortüberweisung / Paypal / PSC kaufen: https://www.virwox.com?r=1d3377 direkt zur seite Abo Lass doch ein abo da *Selbst Traden lernen: h... Step 9: Move your Bitcoins to VirWox using the Bitocin deposit address (step 7) Step 10: Buy USD / EUR with you Bitcoins at VirWox Step 11: Withdraw your USD / EUR to your Paypal account. The bitcoins where received in Coinbase's bitcoin wallet after the manual process that take up to 48 hours to clear. To purchase bitcoin Thru VirWox go directly here: