As you probably think, this business is based on the sale of your bitcoins by Paypal, customers buy Bitcoins from you and you get a commission of 15 - 30% (themselves you determine). Everything is fully automatic when the customer selects the purchase option, the bitcoins are taken from your account, and the dollars are transferred to your Paypal account and nothing else you have to do. You just transfer dollars either another currency to your bank, buy bitcoins on the local market and again sell with at least 15% profit.

Ok little step by step guide:

Firstly, you need a bitcoin worth of at least $ 20, for that purpose you will create an account on one of the exchanges:

For US customers:

• Coinbase.com (quick deposit, higher fees)
• Gdax.com
• Gemini.com (not available in all states)

EU:

• kraken.com

CAD:

• kraken.com

EU / UK / US

• cex.io (fast deposit with Credit Card, and normal without fee)

PL

• bitbay.net

International:

• bitstamp.net

You can try also - buy bitcoin worldwide list of exchanges that you can choose which country you are and it will show you the best options for you.
On most cryptocurrency exchanges, you must confirm your identity with a driver's license or ID to have higher payout / withdrawal limits.

1. How to buy on the market? - you can check for examply this video:

   
   If you have any questions about the cryptocurrency markets please write to [email protected]

2. You need a Paypal account if you do not have one yet, the new Paypal account is very restrictive.
   Verify your paypal account by sending your last bill and ID. To increase the payout limit.

3. Then you will create account on this site - xcoins.io

4. Now you need to set up xcoins:
   a) click on My Wallet -> Deposit Bitcoin then copy your "Wallet address".

b) Link Paypal to xcoins, you need to click on Lend Bitcoin -> Payment processors, edit and enter the email address to which you registered at Paypal.

c) Once the Bitcoins have reached the xcoins wallet, click on Lend Bitcoin -> Lending Limit. Then determine how much in USD or BTC want to spend on trading.
Uncheck "Adjust the amount" and "increase the lending".

d) Press Lend Bitcoin -> Lending Offers.
Set up a payment processor on Paypal.
"Max" is the amount of Bitcoins in USD that we want to sell in one transaction.
"Interest" is your commission, from 15 to 30%, most often set from 15 to 17% at a higher rating, at lower you can slightly raise up.
"Rating" - Set which group of users you want to sell your bitcoins: 1 - new accounts, 5 - people who have a large number of transactions and the account is several month older.
Click on Save changes. Done!
Remember that if the bitcoins for sell is less than $ 10, the sale will be discontinued
You should then increase the lending limit, or send some bitcoins to your wallet.

e) Now wait for customers. On the "Activity" tab you can check your transactions.

f) After a successful transaction and receiving transfer on Paypal, you can withdraw your money to the bank and then buy some bitcoins for future transactions :)
By clicking on the tick next to the transaction on xcoins, you can check its details and get a sales contract.

It is also advisable to block transactions through Echecks:

a) Go to main page on Paypal Selling Tools -> Selling Preferences

b) Block Payments -> Update

c) Block the following Payments -> Pay with eCheck...

Remember - There is some risk due to Dispute from Fraudsters. I recommend to set User Rating on 4/5 for prevent dispute. Xcoins provide 50 % PROFIT MARGIN GUARANTEE, so its means when your profit is below 50 %, xCoins will reimburse you the difference to get you back to at least 50% profit margin.
Paypal can limit your account if you have to many lost disputes (that can happens even if you selling other things both virtual & real).

I recommend to register on xcoins forum and get invite to official xCoins SlackChannel.
https://twitter.com/xcoins_io - official xcoins.io twitter

If you want selling bitcoins this way, register on: xcoins.io

My promo code is: 61k45b

If you have any questions, I would be happy to answer them: [email protected]

The author of this article is not a financial advisor, do your own research into all aspect of your investments and do not invest in something you do not understand. Always remember the first rule of investing, never invest more than you can afford to lose!