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[Balint098]

As per Newsbtc, rumor has it that the online payment processor giant Paypal and Venmo, its subsidiary that handles the mobile payment counterpart are considering to allow Bitcoin to be traded by using their services. Coindesk reports that Paypal may allow people to buy bitcoin straight from the platform itself. With Venmo in tandem, cryptoholders will be able to hold crypto in their mobile wallet too. It is also rumored that Paypal will allow direct selling of bitcoin and other crypto from their platform, enabling it to become an crypto exchange.

 

[adventurer]

As per Newsbtc, rumor has it that the online payment processor giant Paypal and Venmo, its subsidiary that handles the mobile payment counterpart are considering to allow Bitcoin to be traded by using their services. Coindesk reports that Paypal may allow people to buy bitcoin straight from the platform itself. With Venmo in tandem, cryptoholders will be able to hold crypto in their mobile wallet too. It is also rumored that Paypal will allow direct selling of bitcoin and other crypto from their platform, enabling it to become an crypto exchange.

that's really an amazing news seeing paypal starting working again to improve their platform, but I don't think this feature will be allowed worldwide in my country we can't even use paypal sold

 

[Equinoxx]

That's good news indeed though Paypal is a bit late in jumping into the bitcoin bandwagon.

 

[Daniel balogun]

It will be more admired if this could have been abstik since have benefits for all,but how can it goes virala worldwide

 

[hardMoney]

woa.. finally paypal supporting crypto and this is a really a good news for the crypto community.. with this new feature will even make people to know more about cryptocurrency for those who doesn't really know much about it.

 

[adventurer]

That's good news indeed though Paypal is a bit late in jumping into the bitcoin bandwagon.

because they have so much pressure from the law they need to know every transaction where it came from and if it's legal money, and bitcoin doesn't really give this feature, so jumping in this field that's mean they will make some conditions to able to work with bitcoin in paypal

 

[Amalive]

As per Newsbtc, rumor has it that the online payment processor giant Paypal and Venmo, its subsidiary that handles the mobile payment counterpart are considering to allow Bitcoin to be traded by using their services. Coindesk reports that Paypal may allow people to buy bitcoin straight from the platform itself. With Venmo in tandem, cryptoholders will be able to hold crypto in their mobile wallet too. It is also rumored that Paypal will allow direct selling of bitcoin and other crypto from their platform, enabling it to become an crypto exchange.

this sounds good news for crypto community, is this still on planning or they had applied it to the platform?

 

[adventurer]

this sounds good news for crypto community, is this still on planning or they had applied it to the platform?

it's still on planing , personally I guess they will amek their own wallet on paypal for cryptocurrencies to be able to follow transactions, i hope they not make higher fees

 

[Amalive]

i hope they not make higher fees

Haha agree with you, I hope it won't happen like payeer which when try to sending out bitcoin from their wallet they charge with really high fees (around 0.001 CMIIW)

 

[Balint098]

Haha agree with you, I hope it won't happen like payeer which when try to sending out bitcoin from their wallet they charge with really high fees (around 0.001 CMIIW)

Eh, I though Payeer's transaction fee is the lowest among other payment processor, bot I gess the same doesn not hold true when it comes to crypto.

 

[Amalive]

Really? My account was not verified, when I trying to send out bitcoin there they charge me 0%+0.001 bitcoin.

Since you said payeer has the lowest fees then I checked it and they charge 0% withdrawal fees for cryptocurrencies. Hmm, should I do the KYC first?

 

[adventurer]

Haha agree with you, I hope it won't happen like payeer which when try to sending out bitcoin from their wallet they charge with really high fees (around 0.001 CMIIW)

I don't really use payeer for cryptocurrencies because I think it's useless and the fact that no one can send unless it's 0.001 bitcoin, and that's somehow high so imagine the fees

 

[Balint098]

Since you said payeer has the lowest fees then I checked it and they charge 0% withdrawal fees for cryptocurrencies. Hmm, should I do the KYC first?

Well, Skrill has flat $5.5 withdraw cost and even inactivity cost. Payoneer has $3 flat fee for every withdraw. Paypal fee is still a little bit better that those two but suck since it often freeze people accoount for no clear reason.

 

[Miya]

This is good news for me and I can't wait until it's actually put into effect. I can already see myself purchasing BTC from Paypal. Hopefully the process will be simple and the fees will be reasonable.

 

[adventurer]

This is good news for me and I can't wait until it's actually put into effect. I can already see myself purchasing BTC from Paypal. Hopefully the process will be simple and the fees will be reasonable.

I don't think they will open it worldwide in my countries we can't even use pyapl sold to purchase thing we just use it as a security and a medium that's really bad for us

 

[Balint098]

I don't think they will open it worldwide in my countries we can't even use pyapl sold to purchase thing we just use it as a security and a medium that's really bad for us

Where do you even live? Not that many countries are banned by Paypal. You can't use it to buy and sell but can use it as a medium and security? What's that supposed to mean?

 

[Miya]

I don't think they will open it worldwide in my countries we can't even use pyapl sold to purchase thing we just use it as a security and a medium that's really bad for us

And so what if it's not available worldwide? It's a step in the right direction. Maybe they will become available to other countries once they've worked things out in the bigger countries. It's better than nothing.

 

[brent_abella]

Wow! Great turned back of events. Previously they are against it and now they reconsidered it. I guess they are up to something. Maybe "fees" will hurt Paypal users adding crypto in their service. Still a rumour. Looking forward to the final decision from Paypal.

 

[Balint098]

I just hope they won't just suddenly freeze, suspend, limit or ban people account on a whim, since crypto is harder to trace it's possible that Paypal will take even more stricter measure in monitoring any and all crypto transaction that's happening on their platform.

 

[Sojib khan]

As per Newsbtc, rumor has it that the online payment processor giant Paypal and Venmo, its subsidiary that handles the mobile payment counterpart are considering to allow Bitcoin to be traded by using their services. Coindesk reports that Paypal may allow people to buy bitcoin straight from the platform itself. With Venmo in tandem, cryptoholders will be able to hold crypto in their mobile wallet too. It is also rumored that Paypal will allow direct selling of bitcoin and other crypto from their platform, enabling it to become an crypto exchange.

Its good news for those country where paypal accepted..but its still a good opportunity for us that we can now buy and sell btc though paypal...hope it will be more helpful in future..can't see paypal get accepted in my country