Crypto vs PayPal

[Ahmedabdallah12 169]

PayPal has alot of disadvantages it has high fees , and should have a bank account , but crypto you just need a wallet

[Naylor89 1223]

Bitcoin transaction is received and available for use within seconds or minutes while PayPal fund takes hours, days, weeks before you can have access to it.

[AmjadBydn 0]

I prefer to keep a Bitcoins for investment and profits .. Dear bitcoin price doubles from month to month 😉 

[bean 515]

Crypto currency is so better than PayPal in all aspects, crypto currency is more secure and faster, easier and provide anonymity.

[cryptosix 1643]

On 1/16/2020 at 11:07 PM, Angel Medina said:

From where PayPal sat, the world was a very generous place in the year 2019. According to data released this morning, donation processing had a record-breaking year on multiple fronts — as consumers proved an ongoing willingness to give both more and more often, to those in need worldwide. The year itself was recording-breaking: In 2019, PayPal processed over $10 billion in charitable donations, an all-time high and the first time that number passed the ten-figure territory. A full 10 percent of that — over $1 billion — was donated during the month of December alone, another first for the payment-processing firm. And, perhaps its most surprising and pleasing milestone, PayPal’s Senior Vice President, Corporate Affairs and Communications Franz Paasche told PYMNTS in a conversation shortly before the news went public, its GivingTuesday total hit a new record high of $106 million.

Paypal donated money to charitable trust, but which country got those donations? If they are making profit from all over the world, then everybody should get those donations, please let us know from your theory.

[Sid 589]

Requirements for using Paypal are more complicated than crypto. But not many merchants accept crypto payment, so it's better to use Paypal. So tailored to your needs, I prefer crypto 😅

[CryptoMaxim 3829]

For me, bitcoin is better because everyone can't accept a Paypal payment. And to accept a payment with bitcoin, it takes only 10 minutes to register on the exchange.

[Opinder 1310]

On 10/28/2019 at 7:12 AM, hexwin said:

Is there any advantages Crypto have compared to Paypal ?

Have you used PayPal so far and why is Bitcoin better?

PayPal charges more fees than Bitcoin

 

Bitcoin is better method for payments than paypal because paypal transaction fee is very high, sometime it charges upto 5% to 7% of your transfered amount whereas btc transaction fee is very low. Also paypal is not best for cross-border payments. But through btc you can pay or recieve in any part of the world.

[Suhannewaz 245]

Cryptocurrency stresses are increasing. PayPal is still secure in' Blockchain Over Bitcoin ' PayPal's view of bitcoin, crypto-monetary and the underlying blockchain technology, was dynamic and constantly evolving.

[gopalji 12]

As a seller, you have the advantage that the buyer cannot charge-back a crypto transaction. In PayPal, he can charge-back even after you have delivered the order. 

[Heroshema 0]

I don't like Paypal .. I feel its suck and bad with high fees .. but Btc Fast and lower fees and P2P no need for companys 

[Shaza Ahmad 1682]

I prefer using bitcoin and other digital currencies to process payments as it maintains privacy and is very safe.

[Lunaa 238]

This you have to determine the characteristic of each and know what makes them what they are. Know the crypto first then the PayPal after that you compare btw the two

[Akasshh 234]

Digital currencies are fast replacing traditional means of payments like the PayPal.PayPal is centralized system and therefore has a body of members what decide how much users pay on every transaction.this fees is sometimes very high when compared to digital currencies.Cryptocurrrencies are decentralized means of making financial transactions .this means there is no particular body which sets transactions fees on blockchain which cryptocurrencies function on.The litte fees charged by the network is paid to the miners as rewards for validating the transactions ,thus this low fees when transacting in  cryptocurrencies has made the use of cryptocurrencies top choice against PayPal.

[Sourav43 106]

I'll choose Crypto. Because I already know a lot about crypto. And I enjoy the opportunity here and the biggest thing is that I can make money from now on.

[suzuya 945]

I think cryptocurrency and paypal shouldn't be compared to each other because they are really different. It's just paypal is not even a currency and it is just use to transfer money unlike crypto, it's money and it can give us profit. I still haven't use paypal because I don't really need it in our country.

[ShakilA 373]

Crypto and PayPal boths are good.But i am choosing Crypto.In our country we can use PayPal account but we can easily use crypto

[Armcannon 858]

I think most people will choose cryptocurrency  than PayPal.because when you store cryptocurrency you can gain addition value when it's price increase.and you can make x2 or x3 of it's value depends on market sales.

[Dmasked 1840]

In no way crypto currencies and paypal can be compared or contrasted. They belong to their respective fields and donot affect eachother in any way. You can store your crypto in paypal and thats it.

[guatazoo 7150]

8 minutes ago, Loqiemean1 said:

Paypal can be use on all kinds of transactions and thus will not ne redundant unlike bitcoins that once the paymemt is done it is irrevocable and not refundable. 

 

I think the fact that transactions in paypal are not reversible and not refundable, means they can be manipulated.

[alexisfuentes 2130]

43 minutes ago, ashfiyaarohi said:

We’ll start with the most known cryptocurrency – Bitcoin. A few days ago, Bitcoin fees reached a 6 months low due to segwit adoption. In the future, the lighting network is expected which will reduce the fees drastically. Ethereum have an average transaction fee of $0.79 USD and a median transaction fee of $0.27 – according to BitInfoCharts. This is another great option – as the trasnsaction is confirmed in a minute or even less. A cheaper way is to use Litecoin. Litecoin is known for having one of the lowest fees from all the cryptocurrencies as well as being a cryptocurrency with an active community since 2013. Litecoin average fee is $0.35 and the median transaction fee is $0.058. And there’s the possibility to transfer with a zero fee too – by using Nano

I think this corresponds to another post, because nobody writes as much as anything , your post can be considered useless in this Topic, fix it you make good contributions, This Topic is Crypto vs Paypal.

 

[Yawaar 7]

Since Bitcoin is currently accepting a local store, it is possible that Bitcoin will become the most popular payment method as soon as possible, as PayPal is the most famous payment gateway for use in an online store, and other stores and local stores now accept Bitcoins.

[ETheHedgehog 3104]

The main benefit for crypto over PayPal is the lower transaction fees and the privacy of the transactions

[Jaysen0104 536]

paypal is better because it sends money or transfer money much faster than bitcoin maybe that's the reason why the fees in paypal is more higher than bitcoin because it's transaction is faster.

[AmjadBydn 0]

Paypal has a lot of disadvantages it has very very high fees , and should have a bank account , but crypto you just need a wallet