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What do you prefer ? cryptocurrency or paypal ? Why ?

Discussion in 'Payment Processing' started by Johnny2010, Jul 15, 2020.

  1. #1
    Johnny2010, Jul 15, 2020 IP
    SEMrush
  2. MiracleZero

    MiracleZero Peon

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    #2
    Hey! You mean buying or selling crypto through PayPal? That's a real problem actually. You may face fraud, different chargebacks, freezing accounts...It's a mystery to me why so many keep trying to buy and sell cryptocurrencies through PayPal. It's one of the most convenient and most popular payment methods available today, but totally not crypto-friendly. You can try Blackcatcard for getting crypto. It's a euro card with a hot crypto wallet linked to it. Normally I use the card to exchange crypto to money and then withdraw it or pay online.
     
    MiracleZero, Jul 29, 2020 IP
  3. Samantha Louis

    Samantha Louis Peon

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    #3
    I don't recommend Cryptocurrency. It isn't easy to cash out and the exchange rate fluctuates vastly so that means instability for your business!
     
    Samantha Louis, Aug 27, 2020 IP
  4. Brain L. Hayes

    Brain L. Hayes Peon

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    #4
    I refer to PayPal. Because it is the most acceptable medium for transection.
     
    Brain L. Hayes, Nov 14, 2020 IP
  5. fionix

    fionix Well-Known Member

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    #5
    depends, PayPal is good for subscription based payments while crypto is secure to receive, you avoid disputes and chargebacks :)
     
    fionix, Nov 25, 2020 IP
  6. StreamCraft

    StreamCraft Peon

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    #6
    Crypto is much better for me im using it on daily basis never had problems with transaction, but this is only if you use to pay on legit sites. I don't want paypal because they froze some people's money for months for funny things.

    Both Crypto and PP have pros and cons.
     
    StreamCraft, Dec 6, 2020 IP
  7. YujinTan

    YujinTan Greenhorn

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    #7
    Depends what you purchase?
     
    YujinTan, Dec 6, 2020 IP
  8. fionix

    fionix Well-Known Member

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    #8
    if you base your business on subscriptions or one time payments.

    We can't deny that PayPal has a major impact on your business if accepted as a payment method.
     
    fionix, Dec 15, 2020 IP
  9. Stock broker

    Stock broker Greenhorn

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    #9
    PayPal all the way, Crypto is easy to lose if you don't understand the process. Electronic currency imo will be created by governments in the future not by Anon. :)
     
    Stock broker, Dec 16, 2020 IP
  10. anxientok

    anxientok Greenhorn

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    #10
    I think is best to use crypto if you re interested in investing in it and earning more money, if you only want to pay something use Paypal but if you wanna be involved in one of the most exciting currencies in the world, you should visit blockchain sites to create token like MintMe
     
    anxientok, Dec 30, 2020 IP
  11. Cookiemodels.com

    Cookiemodels.com Greenhorn

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    #11
    Crypto currency is better in my opinion because it can gain value.
     
    Cookiemodels.com, Feb 2, 2021 IP
  12. malky66

    malky66 Acclaimed Member

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    #12
    Maybe you haven't heard...but it can also lose value.
     
    malky66, Feb 2, 2021 IP
    Spoiltdiva likes this.
  13. asmodeus

    asmodeus Notable Member

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    #13
    It can, yes, but the overall trend is upward, especially recently with so many well known companies jumping on the Bitcoin bandwagon. It's a good investment if you play it right. Just like gambling it's part luck and part skill.

    I've made some easy money with it, and now even Paypal allows (limited) use of it. It's here to stay.

    I just wish I had invested early, like when it was only 100 bucks a coin...lol
     
    asmodeus, Feb 14, 2021 IP
    malky66 likes this.
  14. malky66

    malky66 Acclaimed Member

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    #14
    Yeah I absolutely agree, I have made a good amount with it..still am in fact, well happy when I woke up this morning and found bitcoin had shot up and found another couple of grand in the Nexo account.
    lol 100 bucks a coin, hindsight is a wonderful thing..:)
     
    malky66, Feb 14, 2021 IP
  15. AppyArry

    AppyArry Active Member

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    #15
    If asked to choose one, then paypal. Else there are other good options too.
     
    AppyArry, Mar 9, 2021 IP
  16. duperhost

    duperhost Well-Known Member

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    #16
    It depends on your business model.
     
    duperhost, Mar 19, 2021 IP
  17. jaguar34

    jaguar34 Notable Member

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    #17
    I prefer to use Paypal. Regret of not buying Bitcoin myself 5-6 years ago when it was not that much accepted.
     
    jaguar34, Mar 20, 2021 IP
  18. SGraf

    SGraf Peon

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    #18
    Paypal by a longshot over crypto. Simplicity of use and there is a large amount of both users and vendors that are happy to use it.

    That being said, if i could choose an alternative for paypal,... then stripe is my go to.
    (Currently in the progress of trying to get more customers to use that. (better fees, better ui from my point,....) )
     
    SGraf, Mar 20, 2021 IP
  19. mytechiestuff

    mytechiestuff Well-Known Member Premium Member

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    #19
    Neither.
    PayPal is not a currency. It just wants to take a cut of all you spend.
    The powers that be will not let bitcoin really succeed.
    In the end they will bring on "official" alternatives.
    Still like actual hard currency.
    The virus has pushed the digital agenda but Dollar is still what all around the world use.
     
    mytechiestuff, Mar 31, 2021 IP
  20. jaguar34

    jaguar34 Notable Member

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    #20
    CryptoCurrency will soon be banned in our country India and govenment is going to launch its own digital currency.
     
    jaguar34, Apr 17, 2021 IP