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Ft Lauderdale, Florida, United States - October 9, 2020 / / —
According to announcements released by TradingGator, the online resource on all things related to bitcoin has released an exhaustive guide on how to buy bitcoins with PayPal. This detailed guide on buying bitcoin with PayPal covers all the aspects of the process, including safety, the salient features of executing PayPal-based bitcoin transactions across various platforms, the advantages of using PayPal to purchase bitcoins, and much more.
The guide section that deals with the advantages of buying cryptocurrency using PayPal is of particular interest for bitcoin investors, both new and experienced. Signing into a PayPal account for executing transactions is quick and easy; this can save buyers money when they transact on platforms where bitcoin prices are prone to fluctuate even over short spans. Purchasing cryptocurrency through PayPal is safe because buyers need not share sensitive banking details across all the platforms where they trade in bitcoin.
PayPal is accepted by established cryptocurrency marketplaces such as Paxful and LocalBitcoins. Using PayPal for buying bitcoins on such P2P platforms enables both buyers and sellers to engage directly. Once the terms of a transaction are mutually agreed upon, the transfer of bitcoins happens almost instantly.
PayPal is a trusted brand, and if it chooses to partner with a bitcoin marketplace, it reflects positively on the quality and dependability of that marketplace. Buying bitcoin through PayPal provides buyers with the security that a seller will not dupe them, and that either they will receive the coins they've paid for, or their money will be refunded.
For more information, go to https://tradinggator.com/buy-bitcoin-paypal/
TradingGator said, “In 2009 when bitcoin was first brought into the market, accessing it was a great challenge. There was little information about the new technology, and exchange platforms were not as many as they are today. But more than ten years down the line, things have significantly changed.
Buying bitcoin or any other cryptocurrency is not a challenge anymore. Surprisingly, PayPal, which was for a long time considered a rival to the cryptocurrencies, is now allowing traders to use it in buying and selling bitcoin. It is essential to highlight that PayPal is the largest online payment system in the world as it is used by millions of people across different countries. You only need an email address to open a PayPal account, and due to the ease of accessing their services, the company has seen tremendous growth over the years.”
Sharing insight into buying bitcoin with PayPal, Trading Gator said, “It is possible to buy bitcoins with PayPal without an ID. But this is only the case if you are buying from a peer-to-peer platform where the seller does not require any verification. You can check out marketplaces like LocalBitcoins and Paxful for offers that do not require an ID. As an ordinary merchant, PayPal does not allow you to accept bitcoins as payment, which is for a good reason. Bitcoin is a highly volatile currency that makes it unreliable in processing payments.”
About the Platform:
TradingGator offers valuable and insightful informational content on the different aspects related to financial trading. It reviews marketplaces and payment gateways and publishes detailed guides on making money with cryptocurrency and other related topics. All the content is free and written to appeal to the layperson and the expert.
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