Crypto vs paypal payment, which one do you prefer??

[Herzhan]

We know that not everyone can access paypal for transactions. Their are countries that is well adrift to use paypal for whatever transactions. Some countries are listed to transact around paypal why some are omitted. But when it comes to crypto transactions almost every country use Cryptocurrency to receive payments from online merchants. Also send, store, and sell Cryptos via some exchange platforms.

Between the two payment system which one do you prefer?

Well, there is difference between the two. PayPal is like a bank that stores your dollars. Bitcoin is a digital currency that has no central bank. PayPal receive and send funds without no stress and Bitcoin need blockchain confirmations. But as trader, I prefer Bitcoin

 

[Ub40]

Honestly because of the restriction PayPal has on many countries has made people to prefer using cryptocurrency as means of payment. Like me I usually pass most online opportunities that has only PayPal as payment option. I only use the ones that pay with crypto or my local currency. And this can really limit ones earnings potentials. That is my take

 

[Henrywrites]

I totally prefer cryptocurrency to PayPal. Even if I could get paid through PayPal, there's greater advantage for me in cryptocurrency, since I save my earnings.

This way, I can make more profits in the little I have.

I will say that PayPal is better when you are doing a full time online business. You will always have a need to do a lot of transactions which will mean withdrawing using crypto wallet won't be fair on you. So, using PayPal is better as most websites makes use of it.

 

[chicnthin]

Now that I am introduced to cryptocurrency, I'm starting to shift my preference on my withdrawal method. Back then, I was just using paypal only but now I am cashing out my earnings here on bizdustry through crypto method.

 

[idhans]

We know that not everyone can access paypal for transactions. Their are countries that is well adrift to use paypal for whatever transactions. Some countries are listed to transact around paypal why some are omitted. But when it comes to crypto transactions almost every country use Cryptocurrency to receive payments from online merchants. Also send, store, and sell Cryptos via some exchange platforms.

Between the two payment system which one do you prefer?

PayPal is limited to some countries and it is always difficult to cash out from platforms that only pay through PayPal. I would love platforms that accept cryptocurrency as payment because it is very hard to use PayPal over here in Nigeria.

 

[Kingsley]

Crypto versus PayPal it all balls down to the purpose at to why I need the cash, but generally speaking I will go for crypto due to the advantage it has over PayPal, I get to increase my asset as fast as possible and learn new trading skills.

 

[Ralphjoe]

Cryptocurrency to me has more advantage than PayPal for payment because Cryptocurrency like Bitcoin has high exchange rate for my country's currency than any other payment platforms. Bitcoin has less fees for transaction than PayPal.

 

[Donkiz]

I prefer cryptocurrency payments to PayPal, when I receive my payments using cryptocurrency wallets, there's every possibility that the amount I received in my wallet might increase if the price of the coin appreciates, so the platform equally serves as investment for me, which is not obtainable if you are using PayPal account.

 

[zenith]

You are right.paypal restricted some countries and Nigeria is also among them that is why when I see website that pay in PayPal I don't join them because of that problem.crytocurrency have provided an alternative but this afternoon I just saw a sad news that transaction in cryptocurrency have ban in nigeria which means we can't do cryptocurrency business again in nigeria.wr are back to stone age when other countries are adopting cryptocurrency.

 

[Hasan Raza]

I favor crypto Payment than PayPal, the cash in PayPal is steady yet in crypto, the estimation of that coin can siphon hard and rise, in this way giving me more than the underlying sum what's more PayPal isn't accessible to all country yet crypto is all inclusive.

 

[iamgroot]

I prefer crypto currencies to every transaction. Most people are into crypto, more convenient and easy to access, unlike paypal. Crypto transactions are less gas fee, so I prefer this to paypal.

 

[GoldenLady]

I will say that PayPal is better when you are doing a full time online business. You will always have a need to do a lot of transactions which will mean withdrawing using crypto wallet won't be fair on you. So, using PayPal is better as most websites makes use of it.

This point I would have to agree with.

With a full-time business, it's better to use PayPal, since the transaction fees of cryptocurrency would continuously eat into your capital.

Also, with the way crypto is volatile, it can be bad to make or receive payments with it.

 

[abubakar3141]

One of the main discrepancies between Bitcoin and PayPal lies in their regional reach. ... From anywhere around the world, you can receive and send payments.
We announced that U.S. PayPal users can purchase, sell and hold select selections... Since crypto is digital money, when you buy and sell it, you're effectively exchanging one currency for another.

 

[WhiteHouse]

I prefer Cryptocurrencies especially Bitcoin to any other payment platform PayPal or payeer.
Crytpocurrencies transactions are very swift, fast, safe and flexible, and besides that my Money get to increase as the Cryptocurrencies rate increases too that can't happen with PayPal.

 

[Jeremiah Trump]

Well as for me I prefer both but it has a reason,with PayPal if I receive $14 it will always be intact as long as I don’t spend it .however if I receive 10$ worth crypto and just in a twinkling of an eye the value can go down and my 10$ can be less than 1$ in a flash.because it very secure there can’t be any form of hacking stuff like that.

 

[Sincerem]

You are right.paypal restricted some countries and Nigeria is also among them that is why when I see website that pay in PayPal I don't join them because of that problem.crytocurrency have provided an alternative but this afternoon I just saw a sad news that transaction in cryptocurrency have ban in nigeria which means we can't do cryptocurrency business again in nigeria.wr are back to stone age when other countries are adopting cryptocurrency.

Hmm, which news update site did you get such information that Nigeria is banned from using Cryptocurrency? I don't think such news is real, cos up to now I'm still transacting through Nigerian local exchange platform to receive and withdraw coins.

 

[iori23]

I still prefer cryptocurrency because the value of paypal is rising, only money can put you in that amount, unlike cryptocurrency, there is hope that it will increase .. but sometimes in cryptocurrency, coins are not stable

 

[Afrinish]

My first choice is the curipto currency for the bit coin is very easy to the investment and change the amount easly very profitable bitcoin for the market .bit coin is very easy to the transition for the withdraw and easly payment for the amount for the crypto currency exchange money.

 

[Edward2]

Bitcoin offers many advantages that might eventually enable the cryptocurrency to gain supremacy, even though PayPal is still the first option in customer preferences for online payments. Bitcoin is as effective as the existing online payment site, PayPal, in terms of security.

 

[Chris]

I'll choose paypal although it is still the first choice in consumer's preferences for online payments, crypto on the other hand offers several advantages that could eventually allow the cryptocurrency to establish dominance. Paypal is my preferred choice of payment because if I seel a product worth $100 and I'm being paid directly to my paypal account, I still have $100 worth of money, whereas receiving in cryptocurrency which price is not stable might reduce the value of my money or increased it.