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]

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

A few︀ 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 cash︁ out of PayPal to your Payoneer or Wise account. I bought loads of crypto with︂ a Payoneer card.

 

[EliasIT]

they support‌ crypto to PayPal are you sure about this?

 

[4br]

It says on the link:

 

[Nomad777]

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

 

[Deepbarrels]

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..

 

[Deepbarrels]

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

 

[Spinat]

localbitcoins for instant!

 

[Nomad777]

I havent yet found a solution for the Paypal‍ Situation

this sounds logical and a great solution