I need your help. This is what I’m having a problem with. I want to buy some BTC. Preferably with PayPal or moneygram and I would like to be able to do that with a Bitcoin wallet so I’d be finding the wallet through PayPal or moneygram with cash so the funds wouldn’t be tangled up for days. After I buy the Bitcoin I want to be able to buy things or transfer the Bitcoin to another business for services and I would like to do that as soon as I buy the Bitcoin even if the transaction took and hour. But everything I see is they want me to wait three to five days to be able to use the Bitcoin that I bought with cash;
Ie paypal, moneygram. That’s just not viable for me because it could be worth 20, 30 or 40% less in five days so if you know of a wallet that’s easy to fund and you can use your funds after you purchase crypto. Within an hour or two. Please let me know because there are probably thousands of people just like me that want l use Bitcoin but just can’t figure it out the way we need and in order for Bitcoin stock to rise, you can’t leave the simpler people in life behind. We have money amd we want to put it into Bitcoin
Ie paypal, moneygram. That’s just not viable for me because it could be worth 20, 30 or 40% less in five days so if you know of a wallet that’s easy to fund and you can use your funds after you purchase crypto. Within an hour or two. Please let me know because there are probably thousands of people just like me that want l use Bitcoin but just can’t figure it out the way we need and in order for Bitcoin stock to rise, you can’t leave the simpler people in life behind. We have money amd we want to put it into Bitcoin
Unfortunately it is easy to "chargeback" funds via Paypal, many accounts get stolen and fraudsters have in the past used other peoples funds to buy large amounts of Bitcoin. While Paypal have improved their 2 factor authentication making this less of a problem many sites that accept Paypal in exchange for cryptocurrency will have these 3-5 day "cool down" windows. Most problems with unauthorized funds or payment reversals will be detected in that space of time, so it is a way of protecting themselves from losing Bitcoin (which they will never get back). It's a bit annoying but if you build up a reputation on somewhere like Localbitcoins.com you might be able to shrink the window of time it takes to complete.
