Topic: PayPal to Offer Crypto Trading (Read 656 times)
maybe they noticed that cryptocurrency are everywhere and msny people is using cryptocurrency..well if they will support cryptocurrency then it will be easier for most of th people who have paypal accounts to do transaction..
maybe if paypal will offer crypto trading because of the many advantages that paypal company can get. now many people are using cryptocurrency, if they use paypal in the crypto world, the paypal company will get abundant benefits from every transaction.
If it is true that Paypal offers crypto trading services, it will certainly be mutually beneficial. The number of Paypal users
will increase dramatically, while the cryptocurrency price will go up even more. As we know Paypal is a platform that already
has many users from all over the world. So Paypal will easily promote crypto trading service, if these rumors come true it
will be very profitable for Paypal. Because it can make Paypal more and more used, and also increasingly popular.
will increase dramatically, while the cryptocurrency price will go up even more. As we know Paypal is a platform that already
has many users from all over the world. So Paypal will easily promote crypto trading service, if these rumors come true it
will be very profitable for Paypal. Because it can make Paypal more and more used, and also increasingly popular.
After months, it seems that the rumor is still unfounded, so it's probably not true. The articles just died out and there were no updates regarding the initial information. PayPal is a very successful service, and it's understandable why they would not want to get involved with cryptos. If they're already doing fine, why go through difficult bureaucratic procedures, risk losing money and all for adding cryptos, the foes of fiat? There would be sense to adopt cryptos if their rivals close up on them (I'm talking about Jack Dorsey's Square), but for now they have 4 times as much revenue and around 8 times as much income as Square, so why bother with changes.
By considering the demand of present and future, Paypal may have taken decision to support crypto trade into a new brokerage but still the result not came to light.
This must have been the mind changer for the paypal of having cryptocurrency, I'm not really surprised by this actually since I already saw them having a partnership with the coinbase for withdrawal an deposit I kinda thought of this before so people can just withdraw their bitcoins from coinbase to paypal, and paypal is not far to do that, guess what they are coming for it now. "But still the result not came to light" maybe because there is nothing special to it, we got a lot of platform not just only paypal. What's special in an online wallet to support cryptocurrencies? actually none.If Paypal will introduce such crypto service, it will be a great news for the crypto lovers. But they need to change their terms of service as it is forbidden in their Terms of Service.
Yeah especially with our traders in coinbase coz they can literally withdraw and deposit using paypal in bitcoins. This might attract some new crypto users who find curiosity with bitcoin, this will be fascinating given that digital payment processors these days is getting bigger.Right, if Paypal tends to offer crypto trade, they can attract more users basically who likes to connect with crypto with their assets. This news is still vogue. With the time passage, every thing will looks clear but as a crypto lover, i am basically enthusiastic about if they offer crypto trade, i will personally use it.
This is really exciting and I cannot blame PayPal if they will decide also to start their journey also in crypto industry as the money that is involve in crypto
is very huge.
A wise investor can easily shift or add their business if they can see a potential profit to it therefore I am really excited if they will really decide to join
the crypto world as their action can surely help the crypto industry to grow more even if they have no official announcement yet.
is very huge.
A wise investor can easily shift or add their business if they can see a potential profit to it therefore I am really excited if they will really decide to join
the crypto world as their action can surely help the crypto industry to grow more even if they have no official announcement yet.
And if the rumor becomes true it will take time to create their own crypto. As they are paypal, I am sure they will come with something different then others.
If this rumor is put into its place, although this rumor already was already discarded, many people will probably use paypal more because right now, they have a lot of customers already.
Paypal is a good wallet and it has a strong security so this platform having a cryptocurrency trading will make them become more popular.
This new features that they will offer will help them grow their company as they are very useful in making online payments. But as I have read before, this rumor didn't fulfilled by Paypal and people are still rooting for this platform to achieve this offer so that they will not need to transfer their money from Paypal to another crypto trading platforms.
PayPal can indeed attract many new traders, but still few will use their services in the crypto sphere.
PayPal Picks Paxos to Supply Crypto for New Service. PayPal, the fintech giant planning to bring crypto trading to its massive user base, has chosen Paxos to handle the new service's supply of digital assets, according to two people familiar with the matter.
Everything which smells money will attract more people to comes 
Paypal wants to do that because they see the potential of crypto trading, so they decide to offer crypto trading. But I don't know if that news is real and will happen in a short time or not, but I think I don't want to use Paypal because before we can use their services, we need to send the document for verification. Paypal has a strict rule for its members, and I think they will be suspicious if we use a large amount of money to trade. So I guess I will stay on the current exchanges which I usually trade.
Paypal wants to do that because they see the potential of crypto trading, so they decide to offer crypto trading. But I don't know if that news is real and will happen in a short time or not, but I think I don't want to use Paypal because before we can use their services, we need to send the document for verification. Paypal has a strict rule for its members, and I think they will be suspicious if we use a large amount of money to trade. So I guess I will stay on the current exchanges which I usually trade.
Really? I send Paypal for a small fixed fee and 2.9% fee on the charge,,, why are you paying 15%? You should try putting a bank account or card to your account first then send someone. Maybe the mode of refill is causing you 15%. But yes, if they add crypto, it will be likely only to fill or withdraw from PP.
Yeah, it was sent from a non-verified account (family member) to a verified one (mine). Because F&F was discontinued ages ago, there's nothing else I could choose besides sending the funds as a service.
It was actually just a USD balance transfer, no refill involved.
Even if PayPal offers crypto trading, I wouldn't even bother using it.
Just to send from one account to another, I have to pay a hefty 15% surcharge.
Just to send from one account to another, I have to pay a hefty 15% surcharge.
Really? I send Paypal for a small fixed fee and 2.9% fee on the charge,,, why are you paying 15%? You should try putting a bank account or card to your account first then send someone. Maybe the mode of refill is causing you 15%. But yes, if they add crypto, it will be likely only to fill or withdraw from PP.
I hope that paypal support will bring a lot of new people in the industry
I would believe it when Paypal shows an ad on TV to promote their new trading service. Until then, observing the news and hodling is the name of the game
as long as I haven't received an official announcement from paypal via email that they will Manage Crypto Assets it will only be propaganda news in the crypto space. now we are watching what more drama will happen to this payment service provider in the future.
I really want to see paypal will accept bitcoin and ethereum to send funds on their platform and not only supporting for crypto trading. Well,it well be a great news if paypal will really engaged in cryptocurrency because it will attract more investors as it was one of a biggest company that also operate online.
I would believe it when Paypal shows an ad on TV to promote their new trading service. Until then, observing the news and hodling is the name of the game
i think this would be a great idea when big company like paypal join the crpyto industry it can attract more people to know hows crypto work.
and maybe the paypal just don't wanna left behind
It really is a big thing and I do not see a bad thing about this, this just gives users and aspiring traders more ways to trade. Although it is still a rumore, I think it is worth holding on to. The only thing that I have a problem with Paypal is the way they need a valid ID, they have a small choices of ID and most of the ID needed is very bureaucratic in my country so I can't do much but the good thing is that there are small local online wallets that I can use. and maybe the paypal just don't wanna left behind
i think this would be a great idea when big company like paypal join the crpyto industry it can attract more people to know hows crypto work.
and maybe the paypal just don't wanna left behind
and maybe the paypal just don't wanna left behind
Exactly! They will only milk it for all its worth and hit us with massive fees. They obviously must want a piece of the crypto market pie.
Well, I wouldn't be surprised if their fees structure are similar to those cutthroat competitors like BitPay
Like some of the major banks now Paypal also wants to CASH profits from the emerging cryptocurrency sector. I am surprised how fast these financial institutions are now taking a U-turn. They all were against cryptocurrency and in particular Bitcoin.
Whatever they do I am neither interested nor plan to use their service. They can again take a U-turn when they feel they have earned enough.
Whatever they do I am neither interested nor plan to use their service. They can again take a U-turn when they feel they have earned enough.
I wouldn't be surprised if these monetary Institutions announce one day they've created Cryptocurrency of their own considering the stock is plummeting, and the recession it should be safe to invest in digital currencies such as Bitcoin.
Even goldman sachs were pessimistic about Bitcoin's value and growth, ended adopting it because they now see the potential of it.
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