Topic: Drop by if you are a PayPal user - page 2. (Read 368 times)
The main reason for blocking by PayPal is using solely the Paypal account for crypto trading. In 2021, the funding will be available for users but currently, only trading is supported. Maybe using amounts higher than $10000 can be one of the first reasons why the account has been restricted by management. Skrill has made a similar mistake and they accepted the cryptocurrencies as a mean payment. The future will bring interesting days, hope PayPal will not block the users who use BTC for making a deposit.
If you are a PayPal user and your account got blocked why trading crypto please kinda drop comment on here, the reason why I bring this up is because of I still find it hard to believe that PayPal is blocking users account for no reason sake, PayPal is after money and they knew that implementing crypto will bring them huge money, they won't want to chase away their customers and ruin their reputation, they know about better crypto exchanges out there, the competition is real
I was a paypal user few years ago but thanks to crypto i have completely stopped using their services as i was also tired of their strict policies and rude behavior. Now they are feeling real competition and heat in the shape of crypto im sure they will try to remain in the market now by adding crypto based services too otherwise game will be tough for them.If you are a PayPal user and your account got blocked why trading crypto please kinda drop comment on here, the reason why I bring this up is because of I still find it hard to believe that PayPal is blocking users account for no reason sake, PayPal is after money and they knew that implementing crypto will bring them huge money, they won't want to chase away their customers and ruin their reputation, they know about better crypto exchanges out there, the competition is real
I was a paypal user few years ago but thanks to crypto i have completely stopped using their services as i was also tired of their strict policies and rude behavior. Now they are feeling real competition and heat in the shape of crypto im sure they will try to remain in the market now by adding crypto based services too otherwise game will be tough for them. 
I am using paypal but I do not proceed on trading crypto,
I have heard a lot of negativereviews regarding their experience using crypto in Paypal. But I know some people who trade crypto in there, I haven't heard anything from them that their account is beling blocked because of trading. Is this really your experience? Can you provide us the additional information and proof that this is real.
I have heard a lot of negativereviews regarding their experience using crypto in Paypal. But I know some people who trade crypto in there, I haven't heard anything from them that their account is beling blocked because of trading. Is this really your experience? Can you provide us the additional information and proof that this is real.
I am using
PayPal to Bitcoin
for 4 months now and nothing has happened to my account yet
BTC
http://hbr.org/resources/images/article_assets/2020/03/Mar20_25_1203497834.jpg
Hope it stays so
PayPal to Bitcoin
for 4 months now and nothing has happened to my account yet
BTC
http://hbr.org/resources/images/article_assets/2020/03/Mar20_25_1203497834.jpg
Hope it stays so
im a paypal user but not a crypto user inside my paypal because that wont happen anymore , why ? coz my account in paypal got block long time ago . i forgot exactly why but all i remeber is i was trying to verify it using another virtual credit card type of payment gateway anyway in regards to crypto issue in paypal users confess before that they got blocked because of too much trade . paypal did it for a reason this time but the blocking was still offensive to those active crypto traders , good thing they know and we know this early .
Why, then, PayPal added such a function, if you can get a ban for using it. I don't really understand anything. In this case, there is no elementary logic. Having received the opportunity to buy cryptocurrency, we cannot withdraw it from there. Why is it then generally needed?
I was a paypal user back in 2015s and they blocked my account for some transactions that eventually led to crypto buying. I don't know how they exactly knew as I had no problem with the person I was trading to but they locked my $200 for some months and after some passive support I got to withdraw my money with heavy restrictions on my Paypal account that I didn't bother to login ever since.
How they know that you have transaction came from crypto currency are they tracking the address you use?
Good thing you never use that again. it's better to use Bitcoin for online transaction than using a platform that can block your account any time they want and have very strict policy in terms of transferring money to other people
Even on this dearly crypto forum of ours people still go around breaking rules and getting banned not to talk of PayPal platform that's into payment solutions, they have to keep users fund safe and they have a reputation to protect too, they won't tolerate any room for error, tell me how many people read this days? I'm sure people broke a rules or more on paypal platform that's why they get blocked.
PayPal will not block any account be it crypto or non crypto trading account unless there is a reason, how will they suddenly be blocking crypto account when they are the ones who introduce crypto into their service, it doesn't make any sense, if it was the time when PayPal was not in crypto i would have understood but with this their current development i find it hard to believe.
PayPal have been a victim to scammers in the past, they have every right to be very strict nowadays and I'm sure that the victim isn't revealing everything that went wrong on his own end, there must be more to this story than what we've been told, also after doing few diggings I saw the news that says the user account was banned after it's technical system termed his frequent crypto trading as 'item SALES'. Doesn't that supposed to ring a bell?
If you are a PayPal user and your account got blocked why trading crypto please kinda drop comment on here, the reason why I bring this up is because of I still find it hard to believe that PayPal is blocking users account for no reason sake, PayPal is after money and they knew that implementing crypto will bring them huge money, they won't want to chase away their customers and ruin their reputation, they know about better crypto exchanges out there, the competition is real
please permission to respond.
Even though I am not a paypal user, it would be very unprofessional if a large platform like paypal did the blocking without a clear basis. much less block 1 or 2 users, unless they're doing something suspicious.
so I just want to ask you, did you do something outside the rules that have become paypal policy itself?
because it is necessary to be careful and not quickly draw conclusions. Even though you have submitted a ticket for questioning and there has been no response, it is possible that your ticket question is still in the queue.
the rest, because I am not a Paypal user ..
I was a paypal user back in 2015s and they blocked my account for some transactions that eventually led to crypto buying. I don't know how they exactly knew as I had no problem with the person I was trading to but they locked my $200 for some months and after some passive support I got to withdraw my money with heavy restrictions on my Paypal account that I didn't bother to login ever since.
Paypal certainly increases the limits of users who fight or avoid abuse, where such activity is likely to be carried out by crypto users. Limitation like this will impact or even apply to all PayPal users even though they'll never use bitcoin.
If you want freedom (the full benefit of bitcoin), avoid paypal.
If you want freedom (the full benefit of bitcoin), avoid paypal.
Have been using the PayPal account before they integrated their payment method into digital currency, there was thousands of esteem customers with same issues of account blockage, this is part of PayPal itself. For them coming into the crypto-space to start all over again is disguising to my liken, they just wanted the profit from crypto-world but may cause more damage if not check properly. At this juncture, i won't ever attempt buy crypto with PayPal account.
Any reason to believe why you were blocked? I don't know why you are saying that PayPal is blocking user accounts for no reason at all, it's just not good business for them. Adopting crypto is a plus for them but not letting any BTC out of their wallets is weird. That's what I'm most worried about. It's all immediately being converted to fiat. Is that the experience of PayPal users here?
In our region, it's still not applied or available. They are probably testing out first and see if it's worth doing to other regions, I guess.
In our region, it's still not applied or available. They are probably testing out first and see if it's worth doing to other regions, I guess.
Few years ago, when I started trading Bitcoin. I heard a lot of horror stories where Paypal shutdown accounts of people who use Paypal to buy crypto. Or engage transaction with websites that process Paypal to crypto. This is a stupid.
Now look Paypal company allows purchasing crypto using Paypal.
Quoted from their website:
https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398?app=searchAutoComplete#:~:text=We%20announced%20that%20PayPal%20users,service%20to%20Venmo%20in%202021.
Now look Paypal company allows purchasing crypto using Paypal.
Quoted from their website:
https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398?app=searchAutoComplete#:~:text=We%20announced%20that%20PayPal%20users,service%20to%20Venmo%20in%202021.
Quote
We announced that PayPal users in the U.S. can buy, sell and hold select Cryptocurrencies directly through PayPal using their Cash or Cash Plus account. Users will be able to learn about Crypto, track crypto prices, all without leaving the PayPal app. We plan to introduce this service to Venmo in 2021.
PayPal also announced that it will enable Cryptocurrency as a funding source for purchases in 2021, allowing users to use their Cryptocurrency holdings to make purchases at its network of more than 26 million merchants. Once launched in 2021, when a consumer selects Cryptocurrency as the funding source, the Cryptocurrency will be instantly converted to fiat currency and the transaction will be settled with the PayPal merchants in fiat currency.
PayPal also announced that it will enable Cryptocurrency as a funding source for purchases in 2021, allowing users to use their Cryptocurrency holdings to make purchases at its network of more than 26 million merchants. Once launched in 2021, when a consumer selects Cryptocurrency as the funding source, the Cryptocurrency will be instantly converted to fiat currency and the transaction will be settled with the PayPal merchants in fiat currency.
I love cryptocurrency.
I have been with cryptocurrency for a long time.
Can cryptocurrency transactions be done with PayPal?
If so, will it be safe?
Would anyone cooperate a little?
I have been with cryptocurrency for a long time.
Can cryptocurrency transactions be done with PayPal?
If so, will it be safe?
Would anyone cooperate a little?
At first PayPal aren't so sure about the survival of crypto but since 2019 they have been carefully watching how crypto will get perform and this year pandemic did a big part by proving how strong crypto is, PayPal are in for the money making, no doubt but do you guys think that they already had enough to start blocking crypto traders account? They knew the consequences for that, I believe that affected crypto user is into more than we know.
PayPal have been in business for so long and recently they decided to add btc to their services which they know can bring lots of customers especially those from the crypto space how would such company just blocking accounts without any good reason! i think there is more to this story, PayPal is a very strict company which means they will block any account that looks suspicious.
At first PayPal aren't so sure about the survival of crypto but since 2019 they have been carefully watching how crypto will get perform and this year pandemic did a big part by proving how strong crypto is, PayPal are in for the money making, no doubt but do you guys think that they already had enough to start blocking crypto traders account? They knew the consequences for that, I believe that affected crypto user is into more than we know.
PayPal have been in business for so long and recently they decided to add btc to their services which they know can bring lots of customers especially those from the crypto space how would such company just blocking accounts without any good reason! i think there is more to this story, PayPal is a very strict company which means they will block any account that looks suspicious.
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