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Author Topic: PayPal now accepts crypto  (Read 5458 times)

Offline nelson4lov

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PayPal now accepts crypto
« on: October 22, 2020, 12:45:23 PM »
Yesterday, I saw on the news that PayPal now allow its users to buy and sell and hold bitcoin and other cryptocurrencies in their PayPal online wallet, but judging by the way it is, it seems like "our hands in your pocket" do you think its safe to leave huge amount of crypto in such wallet?, also I read alot of reviews online about PayPal and they were not so good, alot people complained about how their PayPal account get blocked for no good reason and their money are stuck in these accounts, so what do guys think?
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PayPal now accepts crypto
« on: October 22, 2020, 12:45:23 PM »

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Offline TERMINO

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Re: PayPal now accepts crypto
« Reply #1 on: October 22, 2020, 02:50:39 PM »
This is the new face of PayPal adopting cryptocurrency to their site. Maybe for a while it will not goes well but once everything will be fixed the huge amount of traffic falls to PayPal. The virtual machine of saving, sending, receiving fiat or crypto. It will be convenient for all PayPal users at the same time crypto lovers.
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Offline jet

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Re: PayPal now accepts crypto
« Reply #2 on: October 22, 2020, 03:42:20 PM »
well I think I would love to see and use it as third party company for my crypto asset. PayPal is very accessable in my country and it would be great to use this platform as a way to cash out crypto currency.i hope their would be no problem arises if we do cash out in PayPal platform.
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Offline IvugeoEvolutionCoin

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Re: PayPal now accepts crypto
« Reply #3 on: October 22, 2020, 03:45:26 PM »
well I think I would love to see and use it as third party company for my crypto asset. PayPal is very accessable in my country and it would be great to use this platform as a way to cash out crypto currency.i hope their would be no problem arises if we do cash out in PayPal platform.
of course the more payment platforms that support cryptocurrency like bitcoin, the more that will use bitcoin and the more expensive it will be, paypal sees that there are still many countries that do not provide facilities to buy bitcoin so they think of providing solutions to help many people buy more bitcoins much more.

Offline bigcash2011

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Re: PayPal now accepts crypto
« Reply #4 on: October 22, 2020, 05:26:19 PM »
Some people think that it is a usual thing but if you know the details paypal is a giant, used as the biggest digital and online payments method with millions of active users.
Allowing crypto on their platform will not only help their business but will also ease the investments flowing into crypto also it will boost the trust in cryptocurrencies and crypto market.

Offline nelson4lov

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Re: PayPal now accepts crypto
« Reply #5 on: October 22, 2020, 05:37:41 PM »
well I think I would love to see and use it as third party company for my crypto asset. PayPal is very accessable in my country and it would be great to use this platform as a way to cash out crypto currency.i hope their would be no problem arises if we do cash out in PayPal platform.
Lucky you it's accessible in your country, I'm from a third world country, if I open a PayPal there's no way I can withdraw to my bank account,and I wont recommend you use their PayPal online wallet to hold a huge amount of crypto, remember there's no private key to your funds, if they freeze your account, your crypto is gone, please tread carefully.
This is the new face of PayPal adopting cryptocurrency to their site. Maybe for a while it will not goes well but once everything will be fixed the huge amount of traffic falls to PayPal. The virtual machine of saving, sending, receiving fiat or crypto. It will be convenient for all PayPal users at the same time crypto lovers.
Although its comfortable for some people, alot of people who have had bad experience using it, might still not buy the idea of using it, but no doubt indeed it's a great step towards world adoption  :D.
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Re: PayPal now accepts crypto
« Reply #6 on: October 22, 2020, 05:41:26 PM »
This is very cool, because as we all see companies start to implement the crypt in their products and this is a huge step towards popularization of the crypt currency.

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Re: PayPal now accepts crypto
« Reply #6 on: October 22, 2020, 05:41:26 PM »


Offline Quantum X

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Re: PayPal now accepts crypto
« Reply #7 on: October 22, 2020, 05:48:36 PM »
This is good news knowing that one of the most leading online money transaction for fiat is now adopting bitcoin. Meaning bitcoin is a savage influencers that even the government is powerless to stop its growth.

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Re: PayPal now accepts crypto
« Reply #8 on: October 22, 2020, 06:14:04 PM »
The is the greatest News of this year. after crypto and market stocks went down for over 70%, it is good news to see everything bounce back to a new High. some analysis are predicting that bitcoin will hit 20,000 by december and it looks quite certain that such will happen. the time and era of cryptocurrency is here.
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Offline nelson4lov

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Re: PayPal now accepts crypto
« Reply #9 on: October 22, 2020, 06:31:15 PM »
This is very cool, because as we all see companies start to implement the crypt in their products and this is a huge step towards popularization of the crypt currency.
Its really good tho, much easy to buy  and sell crypto now for those who use it, square also bought about $50 million worth of bitcoin about 1 week ago, many tech companies have began to use it as a store of value.
 
This is good news knowing that one of the most leading online money transaction for fiat is now adopting bitcoin. Meaning bitcoin is a savage influencers that even the government is powerless to stop its growth.
If more centralized company keep adopting, government might be able to do something when your crypto is in a centralized wallet like PayPal.
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Re: PayPal now accepts crypto
« Reply #10 on: October 22, 2020, 07:20:13 PM »
welcome to the crypto denomination. PayPal is such a giant company that can move from old version into new dimension depends on the world trends. They can study, testing, implement, and adopt essential to come into another paradigm. They can cope up and handle digital vocabulary in advance form versus the other competitors. Innovation is necessary to witness the new form of digital crypto asset which I think PayPal's doing.

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Re: PayPal now accepts crypto
« Reply #11 on: October 22, 2020, 07:33:30 PM »
PayPal accepts cryptocurrencies just a good news for all cryptocurrencies preferred investors, traders, and holders. When market is in miserable condition then such kind of good news makes market more stability and bullish.

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Re: PayPal now accepts crypto
« Reply #12 on: October 22, 2020, 10:33:05 PM »
Yes, this is another positive news for a wider crypto adoption globally. Though there may be experience some setback at this beginning but with little time in near, PayPal will stabilize the demand especially the users traffic on their website.
This is absolutely a huge welcome development for crypto usage and adoption world wide.

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Re: PayPal now accepts crypto
« Reply #13 on: October 22, 2020, 11:36:24 PM »
You are right, now PayPal already accepts crypto and actually it is not a really surprising thing as many parties already used Bitcoin. I hope this news will give a big impact on Bitcoin adoption, not only in its price in the market. We also need massive adoption in Bitcoin, not only improve its price to a higher rate.
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Re: PayPal now accepts crypto
« Reply #14 on: October 22, 2020, 11:42:17 PM »
This is a great development which would promote mass adoption considering they have millions of users already. Now it will be easier to trade cryptocurrency even as a novice. Hopefully it will be secured

 

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