If you are looking to invest in Cryptocurrency and want a place to start saving your bitcoins in, we suggest you start with PayPal.
Over the past few years, PayPal has risen up to be one of the most widely used online payment services. PayPal e-wallet now supports bitcoin trading. This is great news for people who have always used their PayPal account for online payments. Now, they can get into bitcoin purchase and trading as well.
Here are the top five benefits of fo buy cryptocurrency with Paypal collected by the Blues And Bullets Team.
1. Get Access to a Huge Number of Bitcoin Sellers
PayPal has really upped its game when it comes to Peer-to-Peer Bitcoin trading and exchange. With PayPal, up get access to a massive range of Bitcoin Buyers and sellers who can interact directly to make instantaneous transactions. PayPal supports 2 factors authentication to ensure that their user’s privacy remains safe and secure.
2. Easily integrates with your CFDs buying Strategy
People who are investing in Bitcoin buying and exchange, they trust PayPal to be a secure source of the transaction. Still, if you are looking for the safest way to buy bitcoin with PayPal, it would be better if you do that with some sort of CFD platform.
This way, you won’t actually be owning the bitcoin, you’d be making your decision based on the market state of the bitcoin. You’d be using CFD networks like eToro along with PayPal to make your payments in the securest way possible.
3. PayPal One Touch Transaction feature
PayPal recently introduced the one-touch checkout functionality. With this feature, you can easily make your bitcoin exchanges. You’d need to enable the One Touch option in order to use it. Once you are all set with One Touch settings, you can make faster bitcoin exchanges without having to add your account details every time you make a transaction.
4. Excellent Payback Protection with PayPal
PayPal’s bitcoin Payback protection policy will stand by your side in case you don’t get the agrees bitcoin from the seller as specified. The site works to protect the interest of their clients. PayPal would fully reimburse you for your investment in that particular transaction associated with bitcoin exchange. PayPal is the only cryptocurrency buying and selling marketplace that offers this level of financial security for their users.
5. Secure Encryption and Powerful Anti-Fraud Measures
Every cryptocurrency transaction that you make with your PayPal account is encrypted to ensure that your sensitive data stays safe and secure. PayPal is known for their excellent Anti-fraud mechanisms. PayPal’s innovative security measures would make sure that your user data and privacy remains safe and secure. All PayPal transactions are monitored 24/7 to ensure the transparency of these transactions.
Conclusion:
PayPal strives to maintain its reputation of being great at providing excellent user protection. It has grown up to be a great marketplace for bitcoin buyers and sellers. With its excellent security features and faster payment methods, it seems like a reasonable choice for a bitcoin marketplace. We’d recommend using PayPal for your next official Bitcoin transaction.