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Will PayPal Ever Accept Crypto Deposit and Crypto Withdrawal?

  • Thread starter Thread starter Zevin
  • Start date Start date
Don't know yet but I think there was a recent plan to do so, although it was not effective, it is bound to happen sooner than later.
 
I've heard news about US PayPal now accepting crypto. I don't know how true this is but I'll be checking. I hope it is true and the opportunity is made available to other countries where PayPal is acceptable.
 
That is the problem it is only available for US. And this is not good for me. Really I don't like PayPal but I have fund in it that I want to withdraw I don't know who will want to exchange any crypto currency to collect my PayPal. That is why I was thinking if I can trade coin on PayPal
 
GIFTMICHAEL said:
Only the United States of America can simply do as you mentioned. For the rest of the world who uses PayPal aren't supported yet to use cryptocurrency option.
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I think even the people from the UK can use this feature of cryptocurrency on their PayPal account aside them I don't think any other region can have such access.
 
ahmedo24 said:
I think even the people from the UK can use this feature of cryptocurrency on their PayPal account aside them I don't think any other region can have such access.
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Them and USA are simply the world top two countries in the world. That's why majority of things centres to them first before coming to us.
 
I believe that PayPal getting crypto on its platform is a gradual process and it would take more time to transact bitcoin in PayPal like a real crypto wallet
 
GIFTMICHAEL said:
Them and USA are simply the world top two countries in the world. That's why majority of things centres to them first before coming to us.
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Yeah, when ever paypal and coinbase come onboard with any innovations and new features, the US citizens benefit from it first then they move to the UK.
 
Although they are offering crypto trading , only that it's available to only few countries , so I think that PayPal need to expand their services to other countries as well to get more revenue and also go for crypto withdrawal and deposit
 
ahmedo24 said:
Yeah, when ever paypal and coinbase come onboard with any innovations and new features, the US citizens benefit from it first then they move to the UK.
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Just that those two nations are two world powers, that's why any promising new development comes to them first before coming to others.
 
Any platform that wants to succeed in the crypto world has to allow its users carry out deposits and withdrawals of crypto to cater for customer needs
 
Cryptocurrencies have remained a niche payment method, partly down to the rapid change in prices they can experience compared with traditional state-backed currencies. That has made them popular among some types of investors.
 
Paypay, I believe, will finally innovate. They must keep up with the times. Because a large number of people are now transacting utilizing crypto currency. But I'm not sure how the fees will affect things. It will undoubtedly be costly. Even PayPal's fees are exorbitant.
 
I think PayPal has accepted crpyto and ensures that payments are being made easy via their platform which is generally very reliable.
I see more payment processors adopting cryptocurrency payments soon.
 
That is what they wanted to do , but up till now I haven't really find out if they have been able to enable cryptocurrency withdrawal on the platform . I know it is mostly for countries in which paypal is accepted
 
Most of us here especially in Africa finds it very difficult to understand and know exactly what is happening in PayPal and their latest technology and development because PayPal is not accepted here.. That's why.
 
Cryptocurrencies have remained a niche payment method, partly down to the rapid change in prices they can experience compared with traditional state-backed currencies. That has made them popular among some types of investors.
 
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