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Author Topic: What is paypal trading volume vs Bitcoin?  (Read 187 times)
dhru9 (OP)
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September 10, 2022, 06:35:31 PM
 #1

What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.

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September 10, 2022, 06:53:34 PM
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What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.
PayPal have 14.14 million dollars trading volume while Bitcoin have  $36,429,543,191 USD trading volume.
It is way too inaccurate to compare Bitcoin trading volume to PayPal because both assets do not belong to the same class.
Source: https://www.google.com/url?sa=t&source=web&rct=j&url=https://data.bitcoinity.org/&ved=2ahUKEwjHg9Ln8Yr6AhXegP0HHR6fCvMQFnoECAcQBA&usg=AOvVaw3rTdaYwtZwmKTrgMm8Kj4b

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jackg
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September 11, 2022, 04:16:08 AM
Merited by pooya87 (1), ABCbits (1)
 #3

What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.

What type of trading volume do you mean: money going through PayPal, the volume of sales of PayPal shares compared to bitcoin or the volume of bitcoin sales on PayPal compared to other places?
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September 11, 2022, 04:35:57 AM
 #4

The data is freely available since PayPal is a public company.

Here's their investors update on the second quarter of 2022: https://s201.q4cdn.com/983461986/files/doc_financials/2022/q2/PYPL-Q2-22-Investor-Update.pdf

^I know it looks like a shady link, but it's legit lol.

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September 11, 2022, 07:58:27 PM
 #5

I don't think it's really possible to compare these two and you should clarify what type of trading volume you mean, as far as I can understand from the question you are talking about online purchases made by bitcoin and Paypal while still, we cannot compare them I guess Since Paypal is older and more typical trading value can be high for them but time after time because of the spreading bitcoin payments and usage in all over the world the trading volume of bitcoin can be increased much higher than what it is right now.
Bitcoin trading value:
https://data.bitcoinity.org/markets/volume/30d?c=e&t=b

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September 11, 2022, 08:15:10 PM
 #6

google:
"PayPal processed 15.4 billion transactions in 2020"
=~293,000 transactions / 10mins

bitcoin
=~1,700 transactions / 10mins

about as best of a comparable as you can get

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