Buying BTC with PayPal, preferably automatic, mid 2015
Does anyone know if the Virwox method (buying "linden dollars" with USD from PayPal, and then exchanging linden for BTC) still works, and what are the limits, and cost? (in late 2013, if I recall correctly, there was a $300~$400 USD monthly limit, and the effective cost was really high, around ~16%).
Also, does anybody know of any other reliable method, preferably automatic (hence, not localbitcoins) of buying BTC with PayPal? (by automatic I mean not depending on direct interaction with some other user).
I know similar questions have already been asked, but they're old and some methods no longer work.
Top Answer/Comment:
I don't know of any services, especially automatic, which accept PayPal. LocalBitcoins will rarely have vendors accepting PayPal, and even then, it's going to be very much a reputation based judgement call. A vendor accepting PayPal has everything to lose (the Bitcoins and the PayPal money), so I'd be highly doubtful any service would even accept PayPal, let alone without identification or oversight. (Which begs the question, if you want privacy why are you using PayPal?)
Maybe try Bitcoin-OTC or BTCJam if you don't like LocalBitcoins
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