Paypal is doing it

[TopT3ns]

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.

I think everything requires a process and it is natural for them to implement such a system because there are so many people in this world that they decide the people of the United States as experimental materials for conducting bitcoin transactions using the Paypal platform, when everything goes smoothly then 1 to 2 months In the future, I am sure that there will be new developments from paypal that can accept all countries to transact cryptocurrencies on its platform.

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[Blackrain13]

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 was a great news but what about the transaction fee, is it not too high? Also many people using paypal will become aware about bitcoin, paypal is really a great help for the continuous adoption of bitcoin.

[kayvie]

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!

We can't be so sure about that, as stated it will only available in the US, we still don't know when it will become available in many other countries. Maybe if they also allow Paypal users in other countries aside from the US to buy bitcoin, then this might be the trigger for crypto to increase.

[hahay]

Over time it will definitely happen because even though at first they were even contradictory, the fact is that nowadays bitcoin and cryptocurrency in general have been widely accepted and used in many of any existing platforms, whether it's from gambling, videos and storage and shopping etc. Every breakthrough that occurs will certainly make another impetus for the price to increase more significantly, so it's no wonder if only from one factor the price can continue to be pushed, it will make the price higher.

[South Park]

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.   

They are probably going to double down on their supposed arguments against bitcoin, anyone that is reasonable about their posture should have realized long time ago that cryptocurrencies are the way forward and are the greatest development when it comes to money since the discovery of gold, it is just that important, and yet there are still many people that are against it and one of the main reasons is that they are being paid to be against bitcoin by governments that want to limit the public being exposed to bitcoin and any positive news that may come from it.

[3meek]

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.

Do not worry! You don't lose anything if you do not have a PayPal account... It's better to use bitcoin without any intermediaries! If you have your private key, then you have your bitcoin! In PayPal you are not given your private key!

[Vishnu.Reang]

Do not worry! You don't lose anything if you do not have a PayPal account... It's better to use bitcoin without any intermediaries! If you have your private key, then you have your bitcoin! In PayPal you are not given your private key!

The experienced people don't use intermediaries, as they know the dangers of doing so. But nowadays, I have seen a lot of people using exchange wallets to store some of their coins. Also, I have seen a lot of users storing their money in Tether (USDT) and the other stablecoins. This is not something that I would recommend, but some people find it convenient. Such people may be open to storing their coins in PayPal.

[South Park]

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.

Do not worry! You don't lose anything if you do not have a PayPal account... It's better to use bitcoin without any intermediaries! If you have your private key, then you have your bitcoin! In PayPal you are not given your private key!

Most people do not learn everything overnight, learning is a process and they will have to learn to adjust to the world of cryptocurrencies, I remember that when I was a newbie back in the day I used an online wallet to store my coins, then one day the wallet was doing maintenance and I could not access my coins for two days and I was worried I was about to get scammed, fortunately that was not the case and since then I learned my lesson and my coins are in a wallet only I control.

[gleisson05]

Some analysts say that PayPal allowing customers to buy crypto and Bitcoin in particular was one of the factors pushing Bitcoin to that high it closed the month. It sounds true, there are some 346 million active accounts.

[bounceback]

PayPal right now stop awhile for accepting payment or some one wanna buy bitcoin with PayPal, maybe they have fix new rule with payment when when some one wanna buy bitcoin or altcoin with PayPal. But why have to use PayPal to buy bitcoin? I think many exchange market is available to buy PayPal although you not verify your exchange account with document ID, better looking direct way to buy bitcoin or altcoin than have to use PayPal because you should buy USD first and then you buy bitcoin with PayPal.

[Astvile]

Paypal announcing this made a good impact in the bitcoin world. Visa is showing interest in bitcoin too after Paypal officially announced that bitcoin and other cryptocurrencies can be used under their service. Paypal made a really good move of adoption which will leads for more future adoption from big companies around the world.

[milani]

Some analysts say that PayPal allowing customers to buy crypto and Bitcoin in particular was one of the factors pushing Bitcoin to that high it closed the month. It sounds true, there are some 346 million active accounts.

I do not think that the key factor of growing price of BTC was the PayPal. Of course in some way it made the interest to Bitcoin become higher in the society, but not made a great impact on the price. May be there are lots of active accounts, but it is not always that all of active accounts buy or sell crypto, especially Bitcoin. But nevertheless it would be good step towards Bitcoin and crypto in case everything will be so as we imagine.