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PayPal Customers in U.K. Can Now Buy & Sell Crypto

PayPal Customers in U.K. Can Now Buy & Sell Crypto



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4 Comments

  1. Sorry.

    Bitcoin does not need scams, like Paypal’s fake “bitcoins” for “adoption” nor for anything else.

    What paypal is doing is borderline crime.

    WARNING: You can’t buy actual Bitcoins from Paypal. You buy their bullshit “promise” instead. For example, you won’t be able to send the Bitcoins you think you’ve purchased to your own wallet, nor to any other wallet for that matter. You can only spend them on Paypal or sell them back to Paypal, and only if/when Paypal decides to allow you to do so.

    Why pay full price for “imitation” Bitcoins when you can buy and own actual Bitcoins for the same price?

    Also, when you later realize that you really need to hold your Bitcoins in your own wallet, you’ll have to sell your paypal shit back to paypal (if they’re let you), pay capital gains tax, get the money back to your bank, then to a real exchange where you buy actual Bitcoins. You are better off skipping the paypal bullshit and just head straight to a real exchange where you can buy real Bitcoins and then hold them in your own wallet.

    “Not your keys, not your Bitcoins.” — Andreas Antonopoulos

  2. BTC has been fluctuating which means the market is currently unstable and you can’t tell if it is going bearish or bullish, while others still continue to trade without the fear of making loss, others are being patient.

What do you think?

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