user811: I want to buy some bitcoins. Ideally, I would like to buy them on the MtGox exchange (because the consensus seems to be that this is the most reputable exchange), however I have found the system for transferring USD to MtGox to be very disappointing. I would have liked to be able to add funds with PayPal or directly with a credit card, however both of these are not possible.
My question has two parts:

Is there an easy way to use a credit card to add USD funds to my MtGox account. Liberty Reserve, Dwolla, and Paxum seem to be the financial institutions of choice for MtGox and the rest of the exchanges. Is any of these simple to fund using a credit card, or are they all basically PayPal analogues (which Paxum seems to be) that require a large amount of setup?
If it is not possible for MtGox, is there another, hopefully reputable, exchange that I can use PayPal or a Credit Card to buy bitcoins with?


user817: I know https://metabank.ru/buy, a Russian exchange service with a good reputation (tracked on various bitcoin-forums).
There, one can

buy bitcoins for qiwi, a Russian payment system (where your account is identified with your mobile telephone number, and you can choose to confirm your payments through your mobile phone), 
and one can pay in qiwi with a VISA/MasterCard (you have to register your card as a payment method beforehand, and validate that you own the card by providing to qiwi the information about a random small amount that has been blocked on your card by qiwi for a short period of time).

Qiwi charges 0.75% for payments with a card, and Metabank charges 4% commission for such an exchange (the exchange rate is the current price at MtGox).

user15645: Since you are asking if there is an exchange that accepts PayPal -> Bitcoin the short answer is no. However; Localbitcoins is a great place where you can meet other buyers/sellers such as yourself who are willing to convert your Paypal funds to Bitcoin. 
Make sure to look at the seller/buyer's feedback so to not get scammed. It is relatively safe, and is much safer now that PayPal acknowledges bitcoin and does not shut down people's accounts for using PayPal for Bitcoin related activities. For a great tutorial with a video on how to convert your Paypal funds to Bitcoin using Localbitcoin visit: http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/

user4525: Brawker solves this by letting you fulfill fiat currency orders for other people, which then release BTC for you upon completion of the order.

user51420: wesellcrypto.com
best site if you want to buy btc with paypal
www.virwox.com
most reliable site to buy btc with paypal. cons: expensive! more than 20% fees
coinbase
Low fee for PayPal, only in the US

user51425: Coinbase is pretty much the standard most people use.  There are other sites, with varying degrees of reliability and legitimacy.  I'd stick with CB

user47956: You can buy Bitcoin via credit card / paypal via https://xcoins.io
Disclaimer: I do work for them as an Software Engineer in our Santa Monica office.

user192: You cannot turn paypal into bitcoin but you can do it the other way around.
Check out this site:
https://www.bitinstant.com/
They accept cash deposits (US only) and are also supposed to speed up the different transfers they allow. For example, from dwolla, paxum or liberty reserve to mtgox or tradehill. I haven't tried it myself though.

user860: btcnow.net Sells via OKPAY which is a Russian PayPal analogue. Like PayPal, it allows you to directly fund a transaction from a credit/debit card.

user2222: [Update: This exchange method is no longer available.]
a website with the url of http://www.iocoloradocentral.com/ has converted my paypal funds to bitcoins for quite a while now, i have always received the bitcoins :).

user3410: You can buy small numbers of Bitcoins with a credit card at http://www.buybitcoinswithacreditcard.com/ (or at least, you could as of March 21, 2013).

user575: Buying bitcoins for credit card or PayPal is very problematic, but all hope is not yet lost.
Every now and then a new service pops up that thinks it cracked the secret of how to do this sustainably - http://www.mrcoins.org/ seems to be the flavor of the month. Such services usually take a very high fee.
CoinPal was a great service when it ran, and they said they're considering returning with credit card payments. They know what they're doing so they may actually pull it off.
Also, http://www.memorydealers.com/ sell casascius physical bitcoins which you can buy and redeem (or not).

user153: PayPal's user agreement prohibits the use of their payment network for buying digital currency.
Here's an approach.  With VirWoX you can buy SLL and pay with either credit card or Paypal.  Then you can trade your SLL for BTC:

http://www.VirWoX.com

Sporadically you will find inventory on BTCQuick:

https://btcquick.com

And finally, there is the ability to deposit cash at a bank (presuming you are in the U.S.), so the need to use something like PayPal has lessened.

http://www.bitinstant.com 

If you are a U.S. citizen and don't mind going through an ID verification process, you can buy bitcoins and litecoins instantly with a credit card at 

http://www.coin.mx


user811: I did some more digging on bitcoin.it and answered my own question. According to the FAQ and the list of payment methods, the reason that Paypal and Credit Cards are not accepted is to prevent fraud (by doing a fraudulent charge-back). For this reason, none of the exchanges accept these as forms of payment.
In short, you cannot (directly) use these to buy bitcoins at exchanges.
Edit: I did have some luck buying some Bitcoins using Paypal using #bitcoin-otc. It takes a bit of setup and it's a bit more expensive, and you can't buy in significant quantities but it's possible you can find someone willing to sell to unrated users (liked I did).

user7072: I noticed this question was posted a long time ago and perhaps things have changed so I took the liberty to dig in again and also aggregate most of the answers given here and here’s what I found:

It’s indeed impossible to buy Bitcoins with Paypal DIRECTLY even today and it's mainly because of Paypal’s TOS (Section 3.7 here) and the issues of chargeback.
Having said that there are still a few ways you can buy Bitcoin with Paypal
a. Use VirWox to buy SLL with Paypal and then transfer that SLL to BTC (has high comission, transaction can take between 1 hour to 2 days). The full process is explained here.
b. You can use Local Bitcoins and perhaps find someone in your area to sell you Bitcoins with cash or even someone not in your area to sell you Bitcoins with Paypal or a credit card.
c. If you’re only into trading Bitcoins for their volitility and not actaully keep them you can use platforms such as AvaTrade or Plus500 to trade CFDs. However CFDs are for more experience traders and your capital is at risk so take that into account.
d. If you have a Paypal Debit card you can actually connect it to your Circle account and use the funds on your card to get BTC. This is relevant to US residents only.
Same thing goes for credit cards. Because of chargeback issues there’s no direct way to buy Bitcoins with them. Currently some options for credit cards are CoinMama, Circle or Cubits.


811: <p>I want to buy some bitcoins. Ideally, I would like to buy them on the MtGox exchange (because the consensus seems to be that this is the most reputable exchange), however I have found the system for transferring USD to MtGox to be very disappointing. I would have liked to be able to add funds with PayPal or directly with a credit card, however both of these are not possible.</p>

<p>My question has two parts:</p>

<ol>
<li>Is there an easy way to use a credit card to add USD funds to my MtGox account. Liberty Reserve, Dwolla, and Paxum seem to be the financial institutions of choice for MtGox and the rest of the exchanges. Is any of these simple to fund using a credit card, or are they all basically PayPal analogues (which Paxum seems to be) that require a large amount of setup?</li>
<li>If it is not possible for MtGox, is there another, hopefully reputable, exchange that I can use PayPal or a Credit Card to buy bitcoins with?</li>
</ol>
 817: <p>I know <a href="https://metabank.ru/buy" rel="nofollow">https://metabank.ru/buy</a>, a Russian exchange service with a good reputation (tracked on various bitcoin-forums).</p>

<p>There, one can</p>

<ul>
<li>buy bitcoins for <a href="http://qiwi.ru" rel="nofollow">qiwi</a>, a Russian payment system (where your account is identified with your mobile telephone number, and you can choose to confirm your payments through your mobile phone), </li>
<li>and one can <a href="https://w.qiwi.ru/features.action" rel="nofollow">pay in qiwi</a> with a VISA/MasterCard (you have to register your card as a payment method beforehand, and validate that you own the card by providing to qiwi the information about a random small amount that has been blocked on your card by qiwi for a short period of time).</li>
</ul>

<p>Qiwi charges 0.75% for payments with a card, and Metabank charges 4% commission for such an exchange (the exchange rate is the current price at MtGox).</p>
 15645: <p>Since you are asking if there is an exchange that accepts PayPal -> Bitcoin the short answer is no. However; Localbitcoins is a great place where you can meet other buyers/sellers such as yourself who are willing to convert your Paypal funds to Bitcoin. </p>

<p>Make sure to look at the seller/buyer's feedback so to not get scammed. It is relatively safe, and is much safer now that PayPal acknowledges bitcoin and does not shut down people's accounts for using PayPal for Bitcoin related activities. For a great tutorial with a video on how to convert your Paypal funds to Bitcoin using Localbitcoin visit: <a href="http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/" rel="nofollow">http://www.btcfeed.net/tutorials/how-to-convert-paypal-to-bitcoin/</a></p>
 4525: <p><a href="https://brawker.com/" rel="nofollow">Brawker</a> solves this by letting you fulfill fiat currency orders for other people, which then release BTC for you upon completion of the order.</p>
 51420: <p><strong>wesellcrypto.com</strong>
best site if you want to buy btc with paypal</p>

<p><strong>www.virwox.com</strong>
most reliable site to buy btc with paypal. cons: expensive! more than 20% fees</p>

<p><strong>coinbase</strong>
Low fee for PayPal, only in the US</p>
 51425: <p>Coinbase is pretty much the standard most people use.  There are other sites, with varying degrees of reliability and legitimacy.  I'd stick with CB</p>
 47956: <p>You can buy Bitcoin via credit card / paypal via <a href="https://xcoins.io/?r=6377u7" rel="nofollow noreferrer">https://xcoins.io</a></p>

<p>Disclaimer: I do work for them as an Software Engineer in our Santa Monica office.</p>
 192: <p>You cannot turn paypal into bitcoin but you can do it the other way around.
Check out this site:</p>

<p><a href="https://www.bitinstant.com/" rel="nofollow">https://www.bitinstant.com/</a></p>

<p>They accept cash deposits (US only) and are also supposed to speed up the different transfers they allow. For example, from dwolla, paxum or liberty reserve to mtgox or tradehill. I haven't tried it myself though.</p>
 860: <p><a href="http://btcnow.net" rel="nofollow">btcnow.net</a> Sells via <a href="https://www.okpay.com/en/index.html" rel="nofollow">OKPAY</a> which is a Russian PayPal analogue. Like PayPal, it allows you to directly fund a transaction from a credit/debit card.</p>
 2222: <p>[Update: This exchange method is no longer available.]</p>

<p>a website with the url of <a href="http://www.iocoloradocentral.com/" rel="nofollow">http://www.iocoloradocentral.com/</a> has converted my paypal funds to bitcoins for quite a while now, i have always received the bitcoins :).</p>
 3410: <p>You can buy small numbers of Bitcoins with a credit card at <a href="http://www.buybitcoinswithacreditcard.com/" rel="nofollow">http://www.buybitcoinswithacreditcard.com/</a> (or at least, you could as of March 21, 2013).</p>
 575: <p>Buying bitcoins for credit card or PayPal is very problematic, but all hope is not yet lost.</p>

<p>Every now and then a new service pops up that thinks it cracked the secret of how to do this sustainably - <a href="http://www.mrcoins.org/">http://www.mrcoins.org/</a> seems to be the flavor of the month. Such services usually take a very high fee.</p>

<p><a href="http://coinpal.ndrix.com/">CoinPal</a> was a great service when it ran, and they said they're considering returning with credit card payments. They know what they're doing so they may actually pull it off.</p>

<p>Also, <a href="http://www.memorydealers.com/">http://www.memorydealers.com/</a> sell casascius physical bitcoins which you can buy and redeem (or not).</p>
 153: <p>PayPal's user agreement prohibits the use of their payment network for buying digital currency.</p>

<p>Here's an approach.  With VirWoX you can buy SLL and pay with either credit card or Paypal.  Then you can trade your SLL for BTC:</p>

<ul>
<li><a href="http://www.VirWoX.com" rel="nofollow noreferrer">http://www.VirWoX.com</a></li>
</ul>

<p>Sporadically you will find inventory on BTCQuick:</p>

<ul>
<li><a href="https://btcquick.com" rel="nofollow noreferrer">https://btcquick.com</a></li>
</ul>

<p>And finally, there is the ability to deposit cash at a bank (presuming you are in the U.S.), so the need to use something like PayPal has lessened.</p>

<ul>
<li><a href="http://www.bitinstant.com" rel="nofollow noreferrer">http://www.bitinstant.com</a> </li>
</ul>

<p>If you are a U.S. citizen and don't mind going through an ID verification process, you can buy bitcoins and litecoins instantly with a credit card at </p>

<ul>
<li><a href="http://www.coin.mx" rel="nofollow noreferrer">http://www.coin.mx</a></li>
</ul>
 811: <p>I did some more digging on <a href="http://bitcoin.it">bitcoin.it</a> and answered my own question. <a href="https://en.bitcoin.it/wiki/FAQ#Can_I_buy_Bitcoins_with_Paypal.3F">According to the FAQ</a> and the <a href="https://en.bitcoin.it/wiki/Payment_methods">list of payment methods</a>, the reason that Paypal and Credit Cards are not accepted is to prevent fraud (by doing a fraudulent charge-back). For this reason, none of the exchanges accept these as forms of payment.</p>

<p>In short, you cannot (directly) use these to buy bitcoins at exchanges.</p>

<p>Edit: I did have some luck buying some Bitcoins using Paypal using <a href="http://bitcoin-otc.com/">#bitcoin-otc</a>. It takes a bit of setup and it's a bit more expensive, and you can't buy in significant quantities but it's possible you can find someone willing to sell to unrated users (liked I did).</p>
 7072: <p>I noticed this question was posted a long time ago and perhaps things have changed so I took the liberty to dig in again and also aggregate most of the answers given here and here’s what I found:</p>

<ol>
<li><p>It’s indeed impossible to buy Bitcoins with Paypal DIRECTLY even today and it's mainly because of Paypal’s TOS (Section 3.7 <a href="https://cms.paypal.com/hk/cgi-bin/?cmd=_render-content&amp;content_ID=ua/UserAgreement_full" rel="nofollow noreferrer">here</a>) and the issues of chargeback.</p></li>
<li><p>Having said that there are still a few ways you can buy Bitcoin with Paypal</p>

<p>a. Use <a href="http://virrwox.com" rel="nofollow noreferrer">VirWox</a> to buy SLL with Paypal and then transfer that SLL to BTC (has high comission, transaction can take between 1 hour to 2 days). The full process is explained <a href="http://99bitcoins.com/buying-bitcoins-with-paypal-a-practical-guide/" rel="nofollow noreferrer">here</a>.</p>

<p>b. You can use <a href="http://localbitcoins.com" rel="nofollow noreferrer">Local Bitcoins</a> and perhaps find someone in your area to sell you Bitcoins with cash or even someone not in your area to sell you Bitcoins with Paypal or a credit card.</p>

<p>c. If you’re only into trading Bitcoins for their volitility and not actaully keep them you can use platforms such as <a href="https://www.avatrade.com" rel="nofollow noreferrer">AvaTrade</a> or <a href="http://99bitcoins.com/plus500" rel="nofollow noreferrer">Plus500</a> to trade CFDs. However CFDs are for more experience traders and your capital is at risk so take that into account.</p>

<p>d. If you have a Paypal Debit card you can actually connect it to your Circle account and use the funds on your card to get BTC. This is relevant to US residents only.</p></li>
<li><p>Same thing goes for credit cards. Because of chargeback issues there’s no direct way to buy Bitcoins with them. Currently some options for credit cards are <a href="http://coinmama.com" rel="nofollow noreferrer">CoinMama</a>, <a href="http://circle.com" rel="nofollow noreferrer">Circle</a> or <a href="https://cubits.com" rel="nofollow noreferrer">Cubits</a>.</p></li>
</ol>
