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Author Topic: Which Altcoin Will PayPal Embrace?  (Read 4946 times)

Offline bigcash2011

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Re: Which Altcoin Will PayPal Embrace?
« Reply #15 on: November 26, 2020, 02:35:46 PM »
As far as i know paypal has integrated only 4 or 5 coins in their system as of now which include bitcoin, ethereum, ripple, litecoin and bitcoin cash. Obviously they will add more in future according to demand and popularity.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #15 on: November 26, 2020, 02:35:46 PM »

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Offline shadowdio

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Re: Which Altcoin Will PayPal Embrace?
« Reply #16 on: November 26, 2020, 02:56:51 PM »
Well definitely ethereum will be on the list and also the xrp so I guess these two altcoins are enough for me to use them as a  money transfer on PayPal. About DeFi tokens I don't think if it can make it on paypal, well who knows in the future.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #17 on: November 26, 2020, 03:04:51 PM »
I think that in next step paypal will add several altcoins. Top5 or top10 I think. There is no point of adding just one. Proof of this might thr fact that Paypal already support 26 fiat currencies.
Paypal already accepted bitcoin, Ethereum, bitcoin cash and litecoin. In future paypal again accept more altcoins.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #18 on: November 26, 2020, 03:56:30 PM »
In my opinion, PayPal should first of all accept the most capitalized altcoins. Of course it should be Ethereum and Ripple. Everything is clear with Ethereum, but Ripple is a big problem and an interesting question. Despite its high capitalization, many platforms ignore it.
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Offline hushpupppy

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Re: Which Altcoin Will PayPal Embrace?
« Reply #19 on: November 26, 2020, 04:20:45 PM »
With the recent foray of PayPal into Bitcoin and its subsequent buying of newly mined coins due to immense demand coming from its millions of users, the whole cryptocurrency community rejoiced because this one factor alone is a big one contributing a lot to the continuing pump of the coin's value.

Now, I am sure that after Bitcoin there can be a time when PayPal will also be stretching its wing and accept an altcoin or better yet a number of altcoins into its fold. Will it be Ethereum, XRP, BitcoinCash or a number of DeFi assets?

Take a guess.

By sticking to basic of crypto currency; i think that PayPal will embrace joyfully the likes of bitcoin; litecoin, etherum and xrp for starters. Paypal embracing crypto currency means there will be a wide new range of adopters in the world; especially when it has been made easy by Paypal owner. 

Paypal has over 286 million users at the moment who are eager and ready to embrace crytto currency. Its a good start.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #20 on: November 27, 2020, 01:00:06 AM »
Paypal is not a cryptocurrency wallet, I don't really have high expectations for altcoins to be listed there, although it is possible that altcoins are listed there,
if I have to guess, Ethereum, Bitcoincash and Litecoin are coins that deserve to be listed on Paypal, the reason is because the three coins have a lot of investors and also a large number of communities, so it will indirectly attract many people using paypal.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #21 on: November 27, 2020, 01:30:00 AM »
BCH seems to be a good choice, there are many options if paypal wants to add altcoins to the application they make. I think the way paypal will work in the future is almost the same as Payeer, there will be seen quickly how much value / price of Bitcoin we have in EURO and USD.
However If paypal in the future collaborates with exchanges like binance and AWC exchange, I think they will easily add wallets and instant exchanges within the paypal account dashboard.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #21 on: November 27, 2020, 01:30:00 AM »


Offline dragononcrypto

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Re: Which Altcoin Will PayPal Embrace?
« Reply #22 on: November 27, 2020, 03:29:32 AM »
Paypal is not a cryptocurrency wallet, I don't really have high expectations for altcoins to be listed there, although it is possible that altcoins are listed there,
if I have to guess, Ethereum, Bitcoincash and Litecoin are coins that deserve to be listed on Paypal, the reason is because the three coins have a lot of investors and also a large number of communities, so it will indirectly attract many people using paypal.

Another good reason for these coins, is that apart from Ethereum (that's a blockchain platform), BCH and LTC are peer-to-peer currencies. Given paypal deals in a centralized form of "p2p transactions", it's likely they will stick to p2p currencies, rather than defi tools and more speculative assets.

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Re: Which Altcoin Will PayPal Embrace?
« Reply #23 on: November 27, 2020, 08:55:11 AM »
Paypal has accepted bitcoin. Bitcoin is being adopted by a variety of large companies around the world. Bitcoin popularity is growing. Bitcoin is gaining more popularity these days when Paypal accepts Bitcoin. So I think Paypal will accept some other cryptocurrencies like Bitcoin. It will be possible in the future.
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Re: Which Altcoin Will PayPal Embrace?
« Reply #24 on: November 27, 2020, 09:02:20 AM »
While we discuss which next altcolts will be on PayPal, PayPal still have problems with Bitcoin.

A guy deposited some funds and started trading Bitcoin. He made a volume of 10,000$ when his account got banned for suspicions actions. How can buying and selling their own Bitcoin could be suspicious? Now his account is blocked for half a year.

https://www.reddit.com/r/Bitcoin/comments/k1f1n0/paypal_blocked_my_account_with_all_my_funds_for/
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Offline naitik01

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Re: Which Altcoin Will PayPal Embrace?
« Reply #25 on: November 27, 2020, 09:28:44 AM »
There is a wave of joy in the cryptocurrency community, that paypal has also announced to accept cryptocurrency. As is being speculated, Paypal can increase its stake in bitcoin, ethereum bitcoin cash etc.

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Offline Riya143

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Re: Which Altcoin Will PayPal Embrace?
« Reply #26 on: November 27, 2020, 11:39:45 AM »
PayPal has already approved Bitcoin. Hopefully PayPal will approve other coins, including Bitcoin, more strongly in the future. As a result, Bitcoin and other cryptocurrencies are expected to improve further. In the future cryptocurrency will reach such a stage all over the world, night transactions will be much better for everyone.
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Re: Which Altcoin Will PayPal Embrace?
« Reply #27 on: November 27, 2020, 03:09:28 PM »
I don't know when the last time I use PayPal for transactions and when I know about crypto I never using PayPal anymore, And I think many people also experience the same thing. I don't know exactly what is PayPal provides for the crypto user, but for me its nothing important about that

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Re: Which Altcoin Will PayPal Embrace?
« Reply #28 on: November 27, 2020, 03:27:49 PM »
Bitcoin cash and Tron are the best choices for Paypal to expand their crypto business...
Many of the DeFi projects still use the ERC20 network, so transactions require an irregular gas fee. btw,Bitcoin in the lighting network is very cheap in fees and is sure to keep mass adoption ahead of us.
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Re: Which Altcoin Will PayPal Embrace?
« Reply #29 on: November 27, 2020, 11:50:56 PM »
Actually, PayPal does not only accept Bitcoin in its platform to buy and sell. They also accept Ethereum, Litecoin, and also Bitcoin Cash. I am sure that some days, they will also add other cryptocurrencies. However, we must note that we can only buy and sell or hold, but not for withdrawing the cryptocurrencies to another wallet for now.

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398?app=searchAutoComplete
https://www.paypal.com/us/webapps/mpp/ua/cryptocurrencies-tnc
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