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❕NEWS PayPal announces that Cryptocurrency lovers can now buy crypto with PayPal money

Josemendez

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According to news on cointelegraph and other cryptocurrency news site The long anticipated news on the possibility of making Bitcoin purchase using PayPal was announced yesterday October 21 , 2020 .
This to me was part of the reason why no coin touched the all time high since 2018 .
Will this make PayPal to be available worldwide ?
 
It would really be great if PayPal becomes available fully to all countries without any limitations especially with this new embrace of Cryptocurrencies.
I am unsure when PayPal will operate in some countries of asia where money-laundering is on top and they have banned crypto or made the use of it almost impossible for small users by asking tons of documents , both the governments and PayPal surely won't want to work in such unsupportive environment
 
According to news on cointelegraph and other cryptocurrency news site The long anticipated news on the possibility of making Bitcoin purchase using PayPal was announced yesterday October 21 , 2020 .
This to me was part of the . reason why no coin touched the all time high since 2018 .
Will this make PayPal to be available worldwide ?
This is a good one from paypal. We can get to enjoy buying crypto with our PayPal Bal now. I hope this will make PayPal to be world wide so that lot of people can enjoy
 
I have read this good news in many online platforms. It is really awesome that PayPal is finally embracing crypto currencies. I remember my account was limited due to bitcoin activities.
 
I have read this good news in many online platforms. It is really awesome that PayPal is finally embracing crypto currencies. I remember my account was limited due to bitcoin activities.
Yeah but this deal to enter cryptocurrency will be effective by next year 2021 , so don't rush to start dealing right now .
 
Yeah but this deal to enter cryptocurrency will be effective by next year 2021 , so don't rush to start dealing right now .
Yeah, no need to rush. Better to observe how things will work and what the charges may be. I am a bit worried about the transaction fees.
 
Yeah, no need to rush. Better to observe how things will work and what the charges may be. I am a bit worried about the transaction fees.
Same here because first PayPal will charge their own transaction fee and Bitcoin network will also have their own fee in the end one may only gain 85% of the initial price
 
PayPal should be made available worldwide , but when the person purchase btc using paypal money can the person withdraw and cashout to his or her bank account
 
PayPal should be made available worldwide , but when the person purchase btc using paypal money can the person withdraw and cashout to his or her bank account
Ofcourse , since PayPal offers the opportunity to withdraw PayPal money to bank , I think they will also provide the feature as well for Bitcoin
 
Ofcourse , since PayPal offers the opportunity to withdraw PayPal money to bank , I think they will also provide the feature as well for Bitcoin
They should provide the means to be able to do and not only to bank account but the person should be able to withdraw through crypto and receive payment
 
They should provide the means to be able to do and not only to bank account but the person should be able to withdraw through crypto and receive payment
The feature is not yet out so I believe that we have to wait for it to be launched before we can talk about wether cryptocurrency withdraw is available or not
 
The feature is not yet out so I believe that we have to wait for it to be launched before we can talk about wether cryptocurrency withdraw is available or not
Alright but to be honest i cant use it to trade since there are other platform where i can buy , sell and withdraw , maybe i will wait till they launch it
 
Alright but to be honest i cant use it to trade since there are other platform where i can buy , sell and withdraw , maybe i will wait till they launch it
I am already comfortable with luno wallet thus PayPal wo t be enticing to me . I will only use the PayPal money if it is later made available as there are sites I can sign up to because I can now Receive PayPal
 
I am already comfortable with luno wallet thus PayPal wo t be enticing to me . I will only use the PayPal money if it is later made available as there are sites I can sign up to because I can now Receive PayPal
Maybe if there would be something uniquely enticing on the Paypal platform, I could be lured to check it out. However, given PayPal's overconfidence, I really doubt that.
 
I am already comfortable with luno wallet thus PayPal wo t be enticing to me . I will only use the PayPal money if it is later made available as there are sites I can sign up to because I can now Receive PayPal
Yeah i only use it for receiving but trading is a no for me because i don't want account limitation or anything am satisfied with what i am using
 
What an offer from an unfriendly company ! I dont know how many verification or hassles one has to pass to become eligible to biy crypto with paypal funds shame where they can easily buy it from other crypto or may be other ways (hand to hand cash or mobile payment far better than damn paypal).
 
Wow, now I understand why bitcoin suddenly started to boom an around the start of November. Anyways that addition helped bitcoin to reach out it's all time of that time 20k, but now surprisingly bitcoin is still continuing rise towards 30k.
 
What an offer from an unfriendly company ! I dont know how many verification or hassles one has to pass to become eligible to biy crypto with paypal funds shame where they can easily buy it from other crypto or may be other ways (hand to hand cash or mobile payment far better than damn paypal).
Lol, you share my exact views, PayPal though good but seems to be one very unfriendly payment processor. I hope they will do better with this adoption of btc into their system
 
If you buy crypto using paypal will they give same guarantee as buying other goods? İn the past if anyone bought crypto on ebay they would do a cash back and paypal would not help the seller so buyer got crypto for free.
 

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