PAYPAL TO CRYPTO

[Nomad777]

Hello,

I have a affiliate/subscription based business, and i get paid into my Paypal account by clients. I usually just withdraw it into my UK bank account. But now since i dont want to get taxed i was thinking of how can i get my Paypal money and convert it into Crypto. Since where i live i can withdraw Crypto Cash. Does anyone have any ideas how i can do that? or maybe suggest a payment processor i can offer my clients that they can use to instantly pay me and i can convert that from fiat into crypto.

 

[AMD]

Only work with services like localbitcoins - Paypal is rolling out crypto use for their shitty service but it will take time. I believe it is just anther way for them to freeze even more money and s**t people in the face.

 

[4br]

Nomad777 said:
Hello,

I have a affiliate/subscription based business, and i get paid into my Paypal account by clients. I usually just withdraw it into my UK bank account. But now since i dont want to get taxed i was thinking of how can i get my Paypal money and convert it into Crypto. Since where i live i can withdraw Crypto Cash. Does anyone have any ideas how i can do that? or maybe suggest a payment processor i can offer my clients that they can use to instantly pay me and i can convert that from fiat into crypto.
Click to expand...

FTX supported it for a while, but it doesn't look like its coming back.

A few options:

- eToro - you can't withdraw, only sell on the platform
- BitFlyer - with a pro account (extra KYC)
- CoinBase - I didn't know about that

- DukasCopy - accepts Skirll and Nettler


I don't know if you'd be able to cash out of PayPal to your Payoneer or Wise account. I bought loads of crypto with a Payoneer card.

 

[EliasIT]

4br said:
- CoinBase - I didn't know about that
Click to expand...

they support crypto to PayPal are you sure about this?

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[4br]

EliasIT said:
they support crypto to PayPal are you sure about this?
Click to expand...

It says on the link:

Currently, only US customers are able to buy cryptocurrency or add US dollars using PayPal.

All other customers are only able to use PayPal to cash out or sell, and transaction availability depends on region.
Click to expand...

 

[Nomad777]

4br said:
FTX supported it for a while, but it doesn't look like its coming back.

A few options:

- eToro - you can't withdraw, only sell on the platform
- BitFlyer - with a pro account (extra KYC)
- CoinBase - I didn't know about that

- DukasCopy - accepts Skirll and Nettler


I don't know if you'd be able to cash out of PayPal to your Payoneer or Wise account. I bought loads of crypto with a Payoneer card.
Click to expand...

so the only option is BitFlyer? On coinbase you can only send money to Paypal but cannot withdraw from Paypal to Coinbase.

 

[Deepbarrels]

Nomad777 said:
Hello,

I have a affiliate/subscription based business, and i get paid into my Paypal account by clients. I usually just withdraw it into my UK bank account. But now since i dont want to get taxed i was thinking of how can i get my Paypal money and convert it into Crypto. Since where i live i can withdraw Crypto Cash. Does anyone have any ideas how i can do that? or maybe suggest a payment processor i can offer my clients that they can use to instantly pay me and i can convert that from fiat into crypto.
Click to expand...

wondering if you found a solution to withdraw your paypal funds to crypto since the post?

 

[VESTANON]

criterias such as chargeback makes the paypal scenario unattractive and risky.

paypal funds sent can be charged back and hence scenarios of smooth TRX would be hampered.

best scenario would be either
1. P2P market place..
2. paypal acct attached with debit card, debit card attached would be used to purchase crypto off ramp..

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[Deepbarrels]

VESTANON said:
criterias such as chargeback makes the paypal scenario unattractive and risky.

paypal funds sent can be charged back and hence scenarios of smooth TRX would be hampered.

best scenario would be either
1. P2P market place..
2. paypal acct attached with debit card, debit card attached would be used to purchase crypto off ramp..
Click to expand...

Sorry, what do you mean by P2P market place? Any example?

 

[Spinat]

localbitcoins for instant!

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[Nomad777]

Deepbarrels said:
wondering if you found a solution to withdraw your paypal funds to crypto since the post?
Click to expand...

I havent yet found a solution for the Paypal Situation

VESTANON said:
criterias such as chargeback makes the paypal scenario unattractive and risky.

paypal funds sent can be charged back and hence scenarios of smooth TRX would be hampered.

best scenario would be either
1. P2P market place..
2. paypal acct attached with debit card, debit card attached would be used to purchase crypto off ramp..
Click to expand...

this sounds logical and a great solution