Bitcoin it is. Paypal did a good job in making their business known to online industry. But I think bitcoin should have its time now. The two can be used together but I still prefer bitcoin. Lower transaction fees and much faster for me.
I do agree bitcoins got a lower fee, but when you want to buy something online from an unknown person than PayPal is better because of their if you don't get a product than you got ways to recover your money back but if you send bitcoins than you lost your money. Bitcoins are safe to trade with only know people otherwise always need to go through with escrow.
There is no transaction fee while using PayPal if you are sending money to your friends, family or you have deal with some random dude.
PayPal is only collection fees if you are merchant offering your services/goods to people. So from normal user perspective if we are talking about fees alone - PayPal is better.
Thats not true.PayPal do deduct fee from recipient
I just had a look at the fee structure of PayPal, and it says that it is free to send money to friends and family using your PayPal balance or connected bank account. Only when you're a seller you have to pay a fee. The fee for sellers is 3.4% + $0.30 for every transaction. That being said, the higher the received amount is, the lower the fee percentage will be. But it will always be at least 2.4% which is still very high.
Yes the amount of 2.4% is pretty high if you are asking me,
Every you're make $10 for a transation you will get, $0.24, and above from that like $100 you will get $2,4 for fees that is worthed with your sending amount, but you're right it's pretty high for you.
I think that if I had the choice of doing sales in bitcoin or paypal I would go for bitcoin.
You don't need to say about this, look at yourself you're already active in this place and I can define if you're an active btc users.
The only downside of bitcoin is that buyers not trust bitcoin sellers very fast..
The confirmation is can't make seller can providing their fast service..
