Looking for a payment method for a small mining setup

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miner2018Member
Posts: 14 · Reputation: 127
#1Apr 17, 2023, 12:09 AM
Is this the right spot for this? Hey fellow miners, I'm in the market for some lifepo4 batteries for a small solo mining rig I'm building, which will run at about 400w. That's why I'm going with lifepo4 batteries. Here's my issue: the place I want to buy from doesn’t accept Bitcoin, and I'm wondering how I can turn my Bitcoin into PayPal. That’s the only payment method I really know. If you’ve got other suggestions, don’t hesitate to share. Also, if anyone knows of sites where they manufacture lithium-ion batteries and accept Bitcoin, hit me up!
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#2Apr 17, 2023, 04:18 AM
we have a section to buy and sell btc for PayPal. give me a minute https://bitcointalk.org/index.php?board=53.0
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5wiftS4geHero Member
Posts: 850 · Reputation: 3880
#3Apr 19, 2023, 12:11 AM
In Russia, this is the largest exchange aggregator. I've used it myself; you can find Bitcoin-to-cash exchanges in most countries around the world. https://www.bestchange.ru/bitcoin-to-paypal-usd.html Try making a minimal exchange for testing; you might like it. I don't know how PayPal will react to the funds being deposited into your account.
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coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#4Apr 19, 2023, 05:31 AM
I heard before that PayPal is now can able to send and receive BTC from PayPal, but only in selected countries. I tried this before, and my country wasn't included. You better check the PayPal app and maybe your country is allowed to receive BTC and convert it there to fiat, then use the converted coins to buy the batteries. Source: https://www.paypal.com/us/cshelp/article/using-paypal-as-a-payment-method-within-your-external-crypto-wallet-help946
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orbit100Hero Member
Posts: 423 · Reputation: 2314
#5Apr 19, 2023, 09:44 AM
Which merchant is it? Does the merchant only offer PayPal, or do they offer other options? Can you pay with a debit/credit card directly? Do they offer other channels? As far as I'm aware, using PayPal and other payment providers is quite similar. Even if you sell your Bitcoin for cash, you should be able to move it into your card without using PayPal, too, CMIIW. It doesn't take too long even if you choose another payment provider, since they mostly work the same. The only thing holding you back is probably the need to open a new account.
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