Buying With Bitcoin? PayPal Fine Print Reveals Swap To Fiat
Today, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since the middle of last year. However, like all things related to centralized platforms getting involved in cryptocurrencies, there’s a catch. PayPal To Allow Customers To […]
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Buying something when you only have cryptocurrency funds or buying crypto with fiat can still be challenging. This is where a swap service comes into play. A swap service allows you to switch from one cryptocurrency to another or from a cryptocurrency to a fiat currency. But you urgently need to buy some groceries and […]
This week the crypto market went nuts when Elon Musk revealed his company began accepting Bitcoin as a form of payment for any Tesla model. While this caused prices to initially soar, reading the fine print reveals a bit of a catch-22 situation for anyone who uses the cryptocurrency to pay. Here’s what you need to be aware of if you’re considering spending BTC on a Model S, Y, or 3. Tesla Begins Accepting Bitcoin […]
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject to the penalty.
Editor’s note: This article was updated to reflect that Paypal has retracted the user policy information after the social media backlash. The company said: “An AUP notice recently went out in error that included incorrect information.” The last....
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO Dan Schulman provided new details of the company’s new cryptocurrency service during the Q3 2020 earnings call on Monday. Paypal recently announced that its customers will be able to buy, hold, and sell cryptocurrencies, including bitcoin, directly from their Paypal accounts. Cryptocurrencies in....
Bitcoin ATM provider Alphavend has installed a one-way bitcoin ATM (BTM) in Edinburgh, enabling users to buy bitcoin with fiat sterling pound for the first time via a physical teller machine in the city. Installed yesterday, the machine will be located at the foreign exchange outlet of the No 1 Currency Exchange, a fiat exchange establishment located at 34-35 Queensferry St, in Edinburgh. As revealed by bitcoin ATM mapper CoinATMradar, bitcoin buying via the machine comes with a fee of 0.05 and a fee of 4.2%. Additionally, there is buy limit of £3,000 per transaction and a daily limit of....