Home Technology Buying Bitcoin (BTC) Ethereum (ETH) Bitcoin Cash (BCH) Litecoin (LTC) Using PayPal App

Buying Bitcoin (BTC) Ethereum (ETH) Bitcoin Cash (BCH) Litecoin (LTC) Using PayPal App

Paypal App Bitcoin

Bitcoin is not available in the form of physical money or coin.  It is a digital currency which exists purely online. Impressed by the price volatility and the ability to make profits, several investors and retailors are looking to Buy Bitcoin and sell it later when they are able to make profits.

It is now possible for users to discover crypto in the PayPal app.

For clarity, “Wherever you shop online worldwide, a PayPal account lets you check out safer, faster and easier. That’s why we are accepted in over 200 markets and trusted by over 346 million accounts.​”

Those who are interested in crypto, but are not sure of where to start, Paypal has made it simple to buy, hold, and sell cryptocurrency right from their app. Users need to download the app and get it installed on their mobile phone.  And, just tapping crypto on the App home screen will help open the app. The list of crypto that you can buy ranging from Bitcoin, Ethereum, Bitcoin Cash, Litecoin and others will appear on the screen.

To get started the user needs to have funds in their account.  And, you can choose your preferred crypto and you can start with as little as $1 with the same Paypal protection you used to have. PayPal also makes it possible for users to read useful articles along the way. So, crypto for everyone who has the acumen to install an app and have the funds to buy crypto and obviously the inclination to deal with crypto can now get it all done through the PayPal App.

Since the protections that are available for any other Fiat currency is also available with the PayPal app it is more secure to hold crypto with PayPal App.  The important thing is that PayPal Cash or Cash Plus account is required. There are terms that apply, which users need to go through.  Paypal very explicitly state that they cannot protect users from losses as a result of market volatility. Therefore, anyone who is involved in buying and selling Bitcoin, Litecoin, Ethereum or other kinds of crypto should be sure to do their own research and they need to buy and sell carefully after due diligence and risk management strategies.

Those who are new to crypto, “Crypto is short for cryptocurrency. Many believe that crypto could one day be as commonly used as cash and credit.  It’s the only financial market that runs 24/7, 365 days a year. Since all cryptos are global currencies without borders, prices change every minute of every day.”

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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