I don't know buying bitcoin through PayPal because I don't buying bitcoin through PayPal, I don't know how to buy bitcoin through PayPal.
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I haven't used the PayPal platform to purchase or do cryptocurrencies transactions but I hope it will be a nice experience and satisfactory an added incentive is that PayPal recently announced that they will now allow users to withdraw cryptocurrencies from their platform.I noticed that PayPal now offers you the ability to purchase Bitcoin. Though I imagine I'm late to the party on that. Anyway, I was thinking of just purchasing $20 worth and seeing if I can just get that amount to keep growing. It'll probably take a while, but I'm curious to see how much I can make.
This is also my fear off using the PayPal platform for any online transactions because I see that their transaction fees are always too high for people and for the fact that the platform is not fully available in my country makes it the more worse so even if the service is also available in my country I wouldn't use it for any of my online transaction when there is cryptocurrency.The problem I usually have with PayPal is too much fees that they usually charge per transaction. I believe they would charge you high For purchasing crypto
Someone I know is a PayPal exchanger and he always tells me about how they can easily restrict one's account for no credible reason. They even go as far as deactivating accounts too.This is also my fear off using the PayPal platform for any online transactions because I see that their transaction fees are always too high for people and for the fact that the platform is not fully available in my country makes it the more worse so even if the service is also available in my country I wouldn't use it for any of my online transaction when there is cryptocurrency.
This is an appalling situation especially for those of us from countries that paper as restricted the account usage restore this goes to show that PayPal is not a reliable platform for one to receive payment online.Someone I know is a PayPal exchanger and he always tells me about how they can easily restrict one's account for no credible reason. They even go as far as deactivating accounts too.
How about the charges? Are they as high as normal PayPal transaction charges too? The issue of charges is one big deal with PayPal.Buying BTC, ETH etc coin, is possible fit those whose psypsl is working perfectly. Either you contact one having BTC then sending the person paypal alcash and the person given back BTC in return. I believe paypal added LTC option via its banking institution, which will enable users of paypal to buy directly.
Been a while that they started offering the service a Fiat currency to cryptocurrency transaction but no doubt the fees or the high side though the people that are used to PayPal are the ones using the service.It is a good development if PayPal offers buying of bitcoins through their platforms. For me I always stay away from anything that has to do with Paypal. You must check their charges before you buy bitcoins from Paypal.
I'm not using paypal, so i can't really say if paypal charges are high or not when dealing on Cryptocurrency. Only those who use paypal can give accurate information on that.How about the charges? Are they as high as normal PayPal transaction charges too? The issue of charges is one big deal with PayPal.
I know that when it comes to fiat Currencies, they could charge as high as $8 depending on the transaction that's why I am beginning to think it would be Same for crypto currencies too.I'm not using paypal, so i can't really say if paypal charges are high or not when dealing on Cryptocurrency. Only those who use paypal can give accurate information on that.
I believe the higher the transaction the bigger the fee. I don't think their is any fixed amount for transactions between paypal users.I know that when it comes to fiat Currencies, they could charge as high as $8 depending on the transaction that's why I am beginning to think it would be Same for crypto currencies too.