CoinPal Prices
You can see the exact fees in detail by starting an order. Here's a summary:
- Exchange rate : same as lowest ask price on MtGox
- Our fee : 5 to 10%, depending on order size
Bitcoin purchase limits
To reduce losses from PayPal fraud, we impose the following limits on bitcoin orders:
| Days Since First Purchase |
Purchase Limit |
|---|---|
| less than 3 | 10 BTC per week |
| 3 to 6 | 40 BTC per week |
| 7 to 13 | 60 BTC per week |
| 14 to 44 | 100 BTC per week |
| more than 45 | 160 BTC per week |
For example, if you wanted to purchase the most Bitcoins possible, you could do the following. With your first purchase, buy 10 Bitcoins. Three days later, buy 30 more. Four days later, buy 40 more. At this point, you've been buying for a week and have acquired 80 BTC. If you wait seven more days, you can buy 100 more Bitcoins for a total of 180 BTC after two weeks.
Increased Limits with PGP and OTC
By using PGP and #bitcoin-otc, you can further increase your purchase limits.
- Link your PGP key to purchase 10 BTC more per week.
- Ratings on the OTC web of trust, can increase your limit by up to 120 BTC per week.
