BTC Advantage Against Paypal

in #paypal6 years ago

If a crypto currency such as BTC or ETH or LTC is used as a payment method against traditional Paypal, there is a significant advantage for both the trader and the consumer.

There are many advantages to using the crypto currency against Paypal as a payment method. The biggest benefit of using Cryptocurrency as a payment system is that paypal is centralized and requires a lot of editing and compatibility from both the vendor and the user part.

That is, while decentralized crypto currencies will use paypal to offer the best for both traders and users, this is not going to be a proper relationship, and still giving absolute authority when dealing with it means that it is the owner of the fund. having a single third-party not centralized.

Thanks to the invention of crypto coins where the fee is not a percentage of what you send, it is based only on mining fees and is very practical and real. Paypal has a high transaction fee and I see that this is 4 to 6% of the amount you're trading on, it's really like both freight and dictatorship.

This cost parameter is not a function of how much money you send. If you are sending a larger amount, the charge will appear as a negligible amount. If you're sending a small amount, it can be 1% or less, but it's always better than Paypal.

Source1 Source2


Sponsored ( Powered by dclick )
HARDWARE WALLETS: THE MOST SECURE WAY TO STORE YOUR CRYPTOCURRENCY LONG TERM.

GIVE HACKERS NO CHANCE WITH A LEDGER NANO S.

Sort:  

Congratulations @kelsimelia! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 2000 upvotes. Your next target is to reach 3000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

3 years on Steem - The distribution of commemorative badges has begun!
Happy Birthday! The Steem blockchain is running for 3 years.
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Hello @kelsimelia! This is a friendly reminder that you can download Partiko today and start earning Steem easier than ever before!

Partiko is a fast and beautiful mobile app for Steem. You can login using your Steem account, browse, post, comment and upvote easily on your phone!

You can even earn up to 3,000 Partiko Points per day, and easily convert them into Steem token!

Download Partiko now using the link below to receive 1000 Points as bonus right away!

https://partiko.app/referral/partiko