Paypal is doing it

[bryant.coleman]

paypal isnt convenient but its a little but hassel because they request kyc and they request authentication if ever they locked your account for less known reasons . by using paypal we dont help decentralization grow but this help the centralization rather because paypal is not decentralize .

and how can we sure its a goodnews when paypal users chose paypal at the first place because they dont like crypto  . this update will have no impact to those users but they will just ignore it

PayPal is making Bitcoins available only for those users who has undergone the KYC process previously. Obviously there is always a chance that your account will get locked up. But that is one of the risks which will always be there if you want to use PayPal. If you ask me, I would say PayPal is good if we want to attract new users. A lot of these users may shift to other exchanges such as KuCoin and Binance later.

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[Kez1817]

The good news is that paypal is entering the crypto market customers will be able to buy and sell bitcoin and other virtual currencies using paypal accounts this will double the demand for crypto and have a positive impact on the market. Paypal is super convenient and the speed of its transactions will be faster by depositing through a bank account paypal will benefit from the development of crypto as a deposit method the value of crypto as a decentralization system will increase.

It was really a good news to hear that paypal will accept cryptocurrency and people will be able to buy and sell using their platform. But what about the kyc process, is it like in crypto exchange or like in a bank that they will suddenly hold your funds and freeze your account if you are using a large amount of money in crypto? Hope, it's not, so that people will continue to trust on paypal and the impact of it to crypto market will be great.

[Sapphire915]

This newly added features will really make a great big difference in Paypal. Ive read this often times and its just wow. This will definitely attract more users and investors to buy on paypal platform with less hassle. I think I must try this soon to see it myself.

[XCANA]

What i see positive from this announcement is the large numbers(potential investors) of the PayPal company, we all know that they have a huge number of investors around the globe and for them coming into the industry is a welcome development, even though personally i hate their service formally. The exposure they are likely to bring into play will have huge impact on Bitcoin and cryptocurrency market at large, Hope to see others joining the league soon.

[South Park]

since evening i have been wondering why the Btc is growing price can go hit 13k$ an overnight. there were a lot of rumours back in a year. it’s a big collaboration for both of paypal and crypto fans. wow! paypal will give the opportunity to buy,sell and if we want to store crypto in paypal application.

Many people have been predicting for years this was going to happen and while Paypal had very strong policies against cryptocurrencies in the past it became obvious that at some point they will need to accept it, the market of cryptocurrencies is becoming too popular and if they do not accept them then someone else will and they will lose money in the process, so it is not like they are doing this  because they had a change of heart, this is business, but it is still a great news for all of those that are interested in the mass adoption of cryptocurrencies.

[finaleshot2016]

Another good news for me as a PayPal user, there are plenty of options now where will I withdraw money since those I've gained are saved in my bank. Paypal has a lot of users and most of the platforms nowadays have PayPal payment options so it'll become easier.

Now it's possible for the other platforms to do the same since PayPal will make it happen.
I also hope that they fixed those errors in their platform since their going in the cryptocurrency path.

[oprahwindfury]

Cryptonomy is doing all the way it's best.Right now the paypal's news will help crypto society a lot.it's going to be very explosive in 2021.All the best and enjoy the recent success of cryptography.

[mezzaluna]

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

Paypal doing this move might also lead other payment systems to integrate other Cryptocurrencies too. Ethereum would be most likely to follow this trend since it has a better system being integrated with other Systems. Lets just hope that Paypal pushes their development so people can fully use and learn what Cryptocurrencies are about since most people might be spooked by that added feature.

[nurilham]

extraordinary, this will pump up the price of Bitcoin and Altcoins and will answer the speculation of masters who say Bitcoin will bull run in 2021.

[onecall123]

i think this is the best news for this year , maybe this is gonna push the price much higher but for now we need more volume spikes and liquidity to come from out of the market so we can break 14 k $ top ..

Paypal news might be point that helps recent surge up of bitcoin however bunches of things going on in the crypto space. History as well. Its following a similar pattern after the last halving. People are starting to believe the paypal news is bigger but It wasn't just PayPal.

[ufaiz50]

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

What if they freeze again. I hope this is in accordance with what we think where this domino effect will continue in various important sectors in terms of transactions. Putting aside the question of price growth in cryptocurrency, we have to think about how such adoption continues, I mean to make this adoption easier and that's a lot we have to think about first. Because it can indirectly affect the market too.

[Sithara007]

I hope that the acceptance by PayPal will change the mindset of some of the regressive governments, such as the one we have here in India. For the past two-three years, there have been rumors that Bitcoin will be banned by the government. Till now, no such ban has been imposed. But ordinary Bitcoin users face all sort of harassment. Hopefully the acceptance by big corporations such as PayPal will put an end to this.

[gabbie2010]

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

This is a welcome development from PayPal incorporating cryptocurrencies on their shopping platform enhances the credibility to cryptos and trust this will change  the mindset of some people who belittle cryptos or always categorize it as a Ponzi or HYIP, hopely 2021 will cryptos experiencing a massive growth and boost.

[ttcsalam]

I think this is a big piece of good news for us.Because through this we know that whole world  is taking it as a medium of transaction.And its legitimacy is growing.I am personally very happy after seeing this news.

[Rruchi man]

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!


Confirmed!

This acceptance and announcement by paypal is a step in the right direction. This will trigger all other platforms to do the same. Slowly I foresee a worldwide acceptance of cryptocurrency.

[shawonngp]

Honestly, I'm glad to know this report. Because cryptocurrency transactions are banned in some countries. With the launch of PayPal, cryptocurrency transactions will now be available in all those countries. Traders are already trading investments through Bitcoin. PayPal will probably serve as a banking and other transaction support platform for bitcoin trading.

[Expecto]

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

My respect to Paypal continues to rise every time I hear news like this. I wish PayPal would be in my country too. I would like to use it especially for this move. I wonder what people who are against cryptocurrencies think about this.   

[ibuddy122505]

Honestly, I'm glad to know this report. Because cryptocurrency transactions are banned in some countries. With the launch of PayPal, cryptocurrency transactions will now be available in all those countries. Traders are already trading investments through Bitcoin. PayPal will probably serve as a banking and other transaction support platform for bitcoin trading.

Unluckily I'm one of those resident where paypal service is unavailable. So many people about to get connect with cryptocurrency transactions through PayPal. Will introduce many to crypto, and then they can learn with cryptocurrency PayPal. PayPal is a highly secure, stable and reputable platform. Here, I stay positive.

[fauzan123]

Honestly, I'm glad to know this report. Because cryptocurrency transactions are banned in some countries. With the launch of PayPal, cryptocurrency transactions will now be available in all those countries. Traders are already trading investments through Bitcoin. PayPal will probably serve as a banking and other transaction support platform for bitcoin trading.

Unluckily I'm one of those resident where paypal service is unavailable. So many people about to get connect with cryptocurrency transactions through PayPal. Will introduce many to crypto, and then they can learn with cryptocurrency PayPal. PayPal is a highly secure, stable and reputable platform. Here, I stay positive.

I think everyone can access paypal using DNS, that's a very useful use of the internet.

Of course this can still be considered a natural thing, it is true what you say paypal will be safer and legally guaranteed, and hopefully Skrill will also catch up soon.

[Vishnu.Reang]

Unluckily I'm one of those resident where paypal service is unavailable. So many people about to get connect with cryptocurrency transactions through PayPal. Will introduce many to crypto, and then they can learn with cryptocurrency PayPal. PayPal is a highly secure, stable and reputable platform. Here, I stay positive.

Right now, the cryptocurrency option in PayPal is only available to registered users in the United States. I am not sure about those who are from other countries. There is a chance that PayPal will make cryptocurrency available in at least some of the countries. I am not expecting them to do that in my country (India), because here we have so many restrictions on PayPal services.