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Author Topic: PayPal to Offer Crypto Trading  (Read 629 times)
Malam90
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August 11, 2020, 03:06:19 PM
 #61

By considering the demand of present and future, Paypal may have taken decision to support crypto trade into a new brokerage but still the result not came to light.
This must have been the mind changer for the paypal of having cryptocurrency, I'm not really surprised by this actually since I already saw them having a partnership with the coinbase for withdrawal an deposit I kinda thought of this before so people can just withdraw their bitcoins from coinbase to paypal, and paypal is not far to do that, guess what they are coming for it now. "But still the result not came to light" maybe because there is nothing special to it, we got a lot of platform not just only paypal. What's special in an online wallet to support cryptocurrencies? actually none.

If Paypal will introduce such crypto service, it will be a great news for the crypto lovers. But they need to change their terms of service as it is forbidden in their Terms of Service.
Yeah especially with our traders in coinbase coz they can literally withdraw and deposit using paypal in bitcoins. This might attract some new crypto users who find curiosity with bitcoin, this will be fascinating given that digital payment processors these days is getting bigger.

Right, if Paypal tends to offer crypto trade, they can attract more users basically who likes to connect with crypto with their assets. This news is still vogue. With the time passage, every thing will looks clear but as a crypto lover, i am basically enthusiastic about if they offer crypto trade, i will personally use it.
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August 11, 2020, 03:27:50 PM
 #62

After months, it seems that the rumor is still unfounded, so it's probably not true. The articles just died out and there were no updates regarding the initial information. PayPal is a very successful service, and it's understandable why they would not want to get involved with cryptos. If they're already doing fine, why go through difficult bureaucratic procedures, risk losing money and all for adding cryptos, the foes of fiat? There would be sense to adopt cryptos if their rivals close up on them (I'm talking about Jack Dorsey's Square), but for now they have 4 times as much revenue and around 8 times as much income as Square, so why bother with changes.

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Shasha80
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August 11, 2020, 03:39:03 PM
 #63

If it is true that Paypal offers crypto trading services, it will certainly be mutually beneficial. The number of Paypal users
will increase dramatically, while the cryptocurrency price will go up even more. As we know Paypal is a platform that already
has many users from all over the world. So Paypal will easily promote crypto trading service, if these rumors come true it
will be very profitable for Paypal. Because it can make Paypal more and more used, and also increasingly popular.

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NelfiNovita
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August 11, 2020, 04:13:48 PM
 #64

maybe if paypal will offer crypto trading because of the many advantages that paypal company can get. now many people are using cryptocurrency, if they use paypal in the crypto world, the paypal company will get abundant benefits from every transaction.

iyamoxjhian
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August 29, 2020, 08:31:36 AM
 #65

maybe they noticed that cryptocurrency are everywhere and msny people is using cryptocurrency..well if they will support cryptocurrency then it will be easier for most of th people who have paypal accounts to do transaction..

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