7 Days Change
A stunning new shift in the crypto markets has occurred, as Litecoin overtakes EOS in terms of market capitalization. Due […]
Litepay, the payment processor offering merchant services and debit cards for Litecoin has closed shop sparking suspicions of foul play. […]
CRYPTO is an absolute minefield for investors with volatility weighing on minds. So how do you negotiate uncharted territory in […]
BRITISH Prime Minister Theresa May signaled her Government could be ready to crackdown on crypto as the UK gets set […]
In the experience of this writer, Paypal is very reliable in granting chargebacks. If you get scammed, you should call (not email or chat) Paypal immediately. By getting someone on the phone, you are more likely to get a fast answer and to have that representative take action on your case immediately.
The fact is, most crypto exchanges don’t accept fiat payments of any kind. Fiat payments are payments made in the national currency of a country. US Dollars and British Pounds Sterling are examples. It’s not that crypto exchanges hate Paypal. It’s that they’re totally inequipped to accept fiat payments.
You can sure try. As more crypto exchanges start to add fiat payment onramps (looking at you, Bittrex), they are very likely to start accepting direct payments from bank accounts. As Paypal is already integrated with its users’ bank accounts, it just makes sense for Paypal to be a payment option. Make sure to ask.
As popular and well known as Paypal is, you’d be surprised how many people wonder if Paypal is a scam. Don’t worry, dear reader, Paypal is legit as they come.