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

  • Thread starter Thread starter Sincerem
  • Start date Start date
Sincerem said:
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?
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Personally I prefer crypto currency payment to PayPal payment. Reason for this is not farfetched in the sense that, having your payment in crypto currency is like investing your payment too which could still bring additional profit.
 
With a look of things cryptocurrency is more better to withdraw than PayPal because the of charges from PayPal is so enormous and their currency exchange is very low. The last week that I use it to withdraw my due to cbn announcement it was very low and.charges so much. So I prefer crypto currency to PayPal
 
Robrown83 said:
With a look of things cryptocurrency is more better to withdraw than PayPal because the of charges from PayPal is so enormous and their currency exchange is very low. The last week that I use it to withdraw my due to cbn announcement it was very low and.charges so much. So I prefer crypto currency to PayPal
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Yeah, your points are well stated, paypal charges are huge when it comes to transactions that is sent or received with in ones account. Cryptocurrency have been the better option for people since its emergence in the digital world. It acts as a bank and also a good way to invest and increase our funds.
 
Well as regards to what is happening in my country Nigeria right now I don't think people from here will want to have their payments through crypto currency exchange for now. People will rather go for PayPal not as a preference but because they've got no choice.
 
I prefer crypto currency to PayPal because with crypto currency you can perform transactions or trade any where in the world with the help of crypto wallets while PayPal is not even supported in some countries.
 
I prefer cryptocurrency transactions ahead of PayPal. Though PayPal is universal and most people prefer using it go online business but it’s limited to locations. It’s not available in all countries. Unlike PayPal cryptocurrency is still a work in progress and online stores haven’t accepted it as a payment option but cryptocurrency isn’t limited to locations and it’s easily accessible to all
 
Even if PayPal is still the first choice in consumer's preferences for online payments, Bitcoin offers several advantages that could eventually allow the cryptocurrency to establish dominance. In terms of security, Bitcoin comes as strong as the established online payments platform, PayPal.
 
Concerning your question on which of cryptocurrency or paypal payment methods will i prefer to use for my transactions, I for one would definitely prefer to use cryptocurrency for payments, to receive and send money to people rather than paypal because paypal has a restriction for Nigerians and cryptocurrency is smooth, fast and easy to use
 
I wish I could have an option to select the one which is my favorite but I do not use PayPal. This is because PayPal service is not available in my country and that is so unfair given that they do not even plan on bringing it anytime soon. Nonetheless people complain that the fees attached to PayPal transactions are usually too high no matter the amount in question so crypto might still be the best.
 
The two are good though even if PayPal is still the first choice in consumer's preferences for online payments, bitcoin offers several advantages that could eventually allow the cryptocurrency to establish dominance. In terms of security bitcoin comes as strong.
 
Gilead said:
Well as regards to what is happening in my country Nigeria right now I don't think people from here will want to have their payments through crypto currency exchange for now. People will rather go for PayPal not as a preference but because they've got no choice.
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I think a lot would still be making use of crypto currency ,since there are still ways you can buy and sell through peer2peer and others i think , and i just hope there is a solution to the issues at hand i think so that those people could actually take note and know the place and how to buy and spelling think
 
Sincerem said:
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?
Click to expand...
Let me assume PayPal is the best option when it comes to getting your payment online. Although I don't really know much about it but with what I have heard about using PayPal and the situation of crytocurrency transactions in Nigeria as banned by central bank of Nigeria. I will go for PayPal.
 
I absolutely lean toward cryptocurrency to PayPal. Regardless of whether I could get paid through PayPal, there's more prominent favorable position for me in cryptocurrency, since I save my profit. Thusly, I can make more benefits in the little I have.
 
Cryptocurrency is my choice in terms of digital payment, it gives me the opportunity to select different digital currency but in PayPal payment, I don't think such option is available.
 
Sincerem said:
Hmm, which country are you from? Cos i convert my crypto coin to my country's fiat currency based on the local exchange platform i use to receive coins from merchants online. Due to the new law daunt on my country now I'm planning to use paypal in receiving payment.
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I am form India, and here dealing in crypto is illegal
 
Sincerem said:
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?
Click to expand...
I prefer crypto instead of paypal because paypal didn't support in pakistan and also i have not much idea about paypal . I am trying to understand paypal but i can't understand it properly so i prefer crypto and not prefer paypal
 
Urooj said:
I prefer crypto instead of paypal because paypal didn't support in pakistan and also i have not much idea about paypal . I am trying to understand paypal but i can't understand it properly so i prefer crypto and not prefer paypal
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Okay, it is best you preferred something that is working perfectly for you, instead of lurking around the one that isn't favouring you. We know that paypal doesn't work for all countries it is selective.
 
First, you can't actually use the cryptocurrency to buy and sell things, though Paypal hints that paying for goods and services with cryptocurrencies could be possible in the future. The problem is, every crypto exchange in the world already lets you pay for things with cryptocurrencies.
 
cryptocurrency mode of payment is the most acceptable method of payment in all online business although there are some online business that accept PayPal but I think cryptocurrency is the most widely used form of transaction in the online system.
 
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