Whenever you do a transaction that involves buying Bitcoins with Paypal it’s highly recommended that you use an Escrow service such as provided by Local Bitcoins.An Escrow service is basically a 3rd party that makes sure the transaction goes as planned.Using such a service helps you avoid scams and fraud.Scams and fraud when buying Bitcoins with Paypal from individuals (and not from exchanges like VirWox) are not so rare.It’s important to note that the only party that is actually exposed to risk in this sort of a transaction is the seller and not the buyer.Usually what the scammer will do is suggest to buy Bitcoins from you, pay you with Paypal, and once the Bitcoins arrive to his wallet he will claim he never got them.Since Paypal in most cases support the complaining side, you will be left without your Bitcoins and your money.So Escrow protects you from these scam by using the following process: Step 1 – An Escrow transaction is initiated by either the buyer or the seller.

Step 2 – Buyer sends funds to the Escrow account.Step 3 – After funds are received the seller is notified and sends Bitcoins to the buyer.Step 4 – After buyer receives the Bitcoins the Escrow releases the funds to the seller.In case that the buyer doesn’t receive the Bitcoins a dispute can be made and it’s up to the Escrow service to reach a verdict.It’s important to note that not all Escrow services are alike and you should also choose a trusted Escrow service to carry out the transaction.In some cases the Escrow service will cost a fee to process as well.One of the more reputable Bitcoin Escrow services around today is Local Bitcoins which also rates it’s users for trustworthiness.Find a Direct Seller over the Internet Some websites offer an option to search direct sellers: LocalBitcoins, Bitcoin OTC or the Currency Exchange Forum Section.If you find someone who wants to sell bitcoins, you can send them fiat currency (USD, EUR, GBP, AUD), using any payment method, for example, PayPal.

However, if you choose this option, you have to trust a stranger.If you think that someone is shady, ask an admin or a moderator about your doubts.LocalBitcoins is one of the most trusted online exchanges.At LocalBitcoins, you can sell bitcoin online via PayPal.At the same website, you can buy bitcoins with fiat currency transferred from your PayPal account.Once you log into LocalBitcoins, you can select from various options: Money Bookers, cash, bank transfers, debit cards, gift cards and a range of online wallets.The site features the price that each buyer offers, and the payment method (PayPal).The buyer can add the terms of trade, for example, they may ask you to prove that your PayPal account is verified.They may describe their business approach, their offers and options.LocalBitcoins has a Bitcoin escrow option, it holds your money until you finish the transaction.PayPal does not allow you to buy bitcoins directly.Sellers are taking chances when they sell their digital currency.Bitcoin buyers can perform chargebacks.

There are lots of hacked accounts out there, which PayPal will freeze as soon as they notice them.Besides, Bitcoin and PayPal are online payment methods that compete for an audience, so PayPal does not support bitcoin.Since September 2014, PayPal works with bitcoin related sites - GoCoin, Coinbase and BitPay.dogecoin faqYou can still use Virtual World Exchange as an intermediary.bitcoin to namecoinPayPal accepts Second Life Linden, another digital currency.bitcoin pizza portalYou can buy SSL through PayPal, and you can sell your SSL for bitcoins.litecoin increase 2017This transaction requires higher fees than other transactions.bitcoin motto

Security: Be Reasonable and Cautious Bitcoin is fast, convenient and does not have plenty of verification steps, which means it is less safe than other, regulated systems.You do not know the third party, the people who buy your currency or sell currency to you; and the site will not require them to verify themselves.asic for litecoinWhen you turn to an online exchange, you take risks.kevin lee bitcoinYou cannot know whether the clients who buy your bitcoins are respectable persons.bitcoin price yearlyDo not exchange or store large amounts of money via unknown third party.register litecoin walletMoreover, the operator of the website might disappear with your funds.Probably the system is not secure enough and electronic thieves may find their way to your money.

Before you start using an online exchange, do some research on the operator of the site.Is their real life identity available?Seek for reviews of the previous clients of the online exchange.At least, do some Google Search on the website and the operator or company behind it.You can find useful information on the Bitcoin Forum.When you turn to banks, you have less chance to stay anonymous.If you are looking for anonymity, buy bitcoins locally, pay by cash, or post cash in mail.However, you still face the risk of losing your money.Jump to: , This page aims to be the best resource for new users to understand how to buy Bitcoins.The existing Buying bitcoins page is too complex.Read How To Buy Bitcoins With Your Credit Card, for information about buying Bitcoins with a credit card.Warning: Please be careful with your money.When sending money to an exchange or seller you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external.

It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available.Because Bitcoin services are not highly regulated a service can continue operating even when it is widely believed that it is insecure or dishonest and webpages recommending them (including these) may not be regularly updated.Exchanging or storing significant amounts of funds with third-parties is not recommended.Contents 1 2 3 4 5 6 7 8 9 You can't directly buy Bitcoins using PayPal, because it is risky for the seller, and therefore few sellers will offer this.There are basically 3 reasons for that: Having said that there is a workaround that can be done in order to use Paypal to buy Bitcoins but it holds within it higher transaction fees.Using the Virtual World Exchange you can buy Second Life Lindens (SLL) with Paypal and then convert your SLL to Bitcoins.This process will charge you transaction fees of around 6% but will let you purchase Bitcoins pretty quickly as opposed to a wire transfer.

The reason this method works is because you do not buy Bitcoins with Paypal directly, you only buy SLL with Paypal (which is acceptable by Paypal's TOS) and then exchange your SLL to Bitcoin.Note: If you only want to take advantage of Bitcoin's price volatility You can trade CFDs on Bitcoin via Paypal on sites like AvaTrade or Plus500.When trading online your capital may be at risk.Trading CFDs is suitable for more experienced traders.Cubits - Cubits is an all-inclusive platform to buy, sell and accept Bitcoin.Our easy-to-use interface allows users to buy and sell Bitcoin instantly with 17 supported currencies.Visa and Mastercard accepted.VirWox - The Virtual World Exchange accepts all major credit cards (via Paypal or Skrill) and allows you to buy SLL which you can then trade to Bitcoin.Using this method is faster then most options but has larger transaction fees involved.CoinMama uses Western Union to allow you to purchase Bitcoins through your credit card.This service is not available in the US.

Coinbase allows you to buy and sell bitcoin instantly by connecting any U.S.You need an account number and routing number, which can be found on a check.A credit card can be optionally linked to your account as well.Coinbase also acts as a bitcoin wallet which can store the bitcoin once it is purchased.Ideal for beginners first getting involved in bitcoin. (info) allows customers to buy Bitcoin with a bank wire transfer.Specific instructions of all payment methods are referenced in the How To Buy page.Bittylicious allows customers to purchase Bitcoins using an extremely simple interface.All customers need to do is to enter their Bitcoin address and email address and choose how many coins they want.If customers want to purchase more than the default (usually around £50/EUR 55/$80) then they just need to sign up and do some sort of verification.UK bank transfers, Euroean SEPAs, iDEAL and Mister Cash are all accepted.Kraken allows verified users to buy and sell bitcoin using USD and EUR by depositing via wire transfer.

Other national currencies can be converted to USD or EUR at transfer.Kraken is an exchange and the market is determined by orders.BitQuick.co (info) allows sellers to connect to buyers via cash deposit or SEPA transfer.You can buy bitcoin instantly by providing only your email address and bitcoin address.As soon as the deposit is received, the bitcoin are sent.bit4coin.net (info) Buy bitcoins with bit4coin gift vouchers.Easy to use online shop experience, and the vouchers will be delivered to your doorstep.bit4coin.net guides you through the entire process of redeeming the voucher and getting your first bitcoins - and the voucher doubles up as a great gift, too!Belgacoin allows you to buy bitcoins via SEPA transfer.It is fast, secure and cheap.We do not charge anything for this service, for the time being.Bitalo enables you to buy Bitcoins directly from another person.If that person is online and you share the same bank, you can get your Bitcoins in a matter of minutes.The transaction is secured by Bitcoin multi-signature addresses, and Bitalo acts as an escrow.

You can store bought Bitcoins on your own address, or using a safe multi-signature Bitcoin wallet on Bitalo, for free.Asia Nexgen (ANX) (info) allow their customers to buy Bitcoin by sending a wire transfer.They are legally registered and based in Hong Kong and hold a Money Services Operator license issued by the Hong Kong Customs and Excise Department.They support most popular cryto-currencies and all major fiat currencies (including USD, EUR, HKD, AUD, CAD, CHF, GBP, JPY, NZD and SGD).They are currently running a zero transaction fee promotion.http://www.bitcoinmagnet.co.uk/ allows customers to buy & sell Bitcoin automatically using their UK bank account.All you need to provide is an email address and either your bitcoin wallet address (if buying) or your bank account details (if selling).For buying, they give you a unique reference code to include with your bank transfer.All future transfers that include this code will be automatically converted to Bitcoin and sent to you.You can therefore set up a regular standing order if desired.

For selling, they give you a unique Bitcoin deposit address to send coins to.All future payments to this address will be automatically converted to GBP and sent to your UK bank account.They use the latest Bitstamp market price and aim to complete orders within 10 minutes.The fee is currently 5%.Local Bitcoins allows sellers and buyers who are located nearby to meet and exchange Bitcoins through various methods including cash, wire transfer, Money Bookers, Skrill and more.Local Bitcoins offers a Bitcoin escrow service that holds the funds until the transaction is complete, therefore reducing fraud.Asia Nexgen (ANX) (info) allow their customers to buy Bitcoin by depositing directly into their Australian bank account.The company prepared to open Hong Kong's first physical bitcoin shop, in Sai Ying Pun in February 2014.Customers, who must supply an identity card and proof of address for anti-money laundering regulatory compliance, will be able to purchase bitcoins for cash.The company brought the first Bitcoin ATM to Hong Kong.

Customers must be verified to use this ATM and will need to use their Bitcoin wallet QR code to make a cash deposit.bitXoin (info) Buy bitcoin via online ordering and bank deposit, cash over the counter at most banks throughout Australia.Fast processing, low reference rate, low commissions.Bitcoin (Australia) - pay by cash over the counter at local bank branches. (info) allows customers to pay with cash at Credit Unions that support shared branching. (info) allows customers to buy Bitcoin with a personal check.Create a purchase request and mail in a personal check to the listed address and match amount. allows you to buy bitcoin with Visa, MasterCard, American Express or Discover gift cards. at the time that the customer's gift card is processed within 24 hours of card submission.Most cards are processed within a few hours of submission, however it can take up to 24 hours.Customer must provide a bank account number for identity verification.Create a purchase request and mail in a USPS Money Order to the listed address and match amount.

Bitonic allows you to buy bitcoins with IDEAL.HappyCoins allows you to buy Bitcoins with iDEAL and SEPA bank transfer.BTCDirect allows you to buy and sell bitcoins with iDEAL.CleverCoin allows you to buy and sell bitcoins directly on an exchange with iDEAL and SEPA bank transfer.Josien allows you to buy bitcoins and litecoins with iDEAL and SEPA bank transfer.If you can find another person that is willing to sell them to you, you can transfer him money via any payment method (including PayPal), and he'll send you the Bitcoins.The following websites can be used to find direct sellers online Bitcoin OTC, Local Bitcoins or the Currency Exchange Forum Section.Be extremely cautious of scammers when dealing over the counter.Ask an admin, moderator or a trusted person if you think someone is suspicious.You might be able to find an individual with whom you can Buy bitcoins locally.Always choose somebody with many reviews.Starting in October of 2013, physical Bitcoin ATMs have been installed in Canada, Finland, Slovakia, Australia, Germany, and the UK.

Use a Bitcoin ATM Locator to find a machine near you.BittyBot - allows users to compare different bitcoin sellers and prices in UK.There is a huge demand for buying Bitcoins off the grid due to ever-increasing government regulations and private agency intrusions and discrimination against alternative currencies.Due to the possibility of facial recognition cameras at banks and the paper trail involved with credit cards, there are very few options to have high levels of anonymity when buying Bitcoins those ways.DNA, Fingerprints, phone and internet records, audio and video records will not be discussed, but they all are possible tools which attackers could use to uncloak even the stealthiest Bitcoin buyer.There are a couple known ways, depending on your location, to buy Bitcoins outside of the standard banking system with relatively high anonymity.Buying locally with cash using a burner or payphone allows a high level of anonymity with the exchange being the weakest link.Many sellers online will also trade Bitcoins for MoneyPak codes or other cash-like gift codes which can be bought at a local store with cash.