cryptologic

Yes I have seen first hand what PayPal can do if they dont agree with your account activity (when dealing with crypto) they usually ban and/or hold your funds for 180 days which has happened to me with xcoins. They are a third party service who hold the bitcoin and funds. Users must submit ID so they cannot multi acc or scam without consequence. Basically xcons provides you with a "cover your ass" document if PayPal raises any issues. Though they need to start dealing with these transactions as crypto becomes more popular. All it is to me is a safe way to earn interest using bitcoin and paypal which I want to do more of but cant :/

Hello all, This is my first post of cryptotalk to share some personal insight of buying or selling BTC for USD with PayPal. First up, it is entirely possible though you do end up paying some hefty transaction fees or interest rates. Take the site xCoins for example (link: bit.ly/xCoins) who offer their buyers and sellers the option of interest from 10% to 30% on the spot when making/offering payments. The reason there is interest in my opinion in to pay the third party host (xCoins) and also because afterpay is an option with xCoins... Since afterpay does not charge until you go over your agreed payment date, they take basically nothing so xCoins take advantages of this no interest lend and applies their own interest which makes both the buyer and seller happy about the purchase. This to me has been the best way I have found. Please comment below more PayPal to crypto options or vica versa. Thanks!