How to Exchange Bitcoin to PayPal: Overview of Trusted Exchangers
Needless to say that Bitcoin remains the most widely-used digital currency in the world. Millions of transactions are made every day, and today, it has tremendous sway in the world. Due to this, the demand to exchange Bitcoin to PayPal USD also grows. However, if you are a newbie in this niche and have never used online exchangers to buy cryptocurrency, this review might come in handy for you! Our key purpose is to explore a few solutions and explain that this process is easy and doesn’t take too much of your time.
However, you should be mindful of the fact that PayPay can’t be used in all countries. Therefore, your number-one task is to check if this service works in your country.
In very deed, PayPal needs no introduction; it’s a popular and very convenient payment service that runs in 130 countries. Due to its extensive range of options, people can seamlessly work with a wide array of credit card types to transfer fund from one account to another one. This service is very easy to use, has a clear interface, and a fast registration procedure. Due to its convenience, users can easily exchange Bitcoins or any other cryptocurrency to dollars within one system. Here’s a comprehensive guide on what exchanging service you need to use. Remember that the modern market is overloaded with a variety of solutions, but you need to avoid scammers and pick only trusted and time-proved services.
Changevisor
When choosing this service, you will definitely avoid fraud while working with your cryptocurrency. It’s a trusted exchanger that has already been on the market for many years. This service comprises a variety of trusted exchangers that enable you to make transactions between bitcoin and dollar. Moreover, this service has a high rating among users and positive reviews.
Even if you have some questions regarding the commission or bitcoin value, you are free to put these questions to the support team of this service. They are online round-the-clock and are always ready to provide you with comprehensive answers.
The greatest virtue of this platform is that it deals with exchangers that have a business account and allows you to store more than $10.000. Remember one simple rule – if an exchanger doesn’t offer business accounts, in all likelihood, it’s a fraudster. When dealing with Changevisor.com, you can feel certain that with this tool, you’ll perform secure and valid transactions at any moment.
Localbitcoins
This is another popular website that provides traders with an opportunity to exchange cryptocurrency. The main distinctive feature of this service is a simple way of trading. Everything is clear and there’s no need to spend your precious time to understand how to make transactions. The main mission of this service is to connect sellers and buyers and enable them to deal safely. If your overriding objective is to convert bitcoins to dollars, you’ll be provided with a list of buyers and their exchange rates. Overall, the process takes a few minutes only.
CEX.IO
If you are a professional in this area, you probably heard about this service. It has a high rating among users on the crypto market. It has a clear and uncluttered interface and is extremely easy to use. This service enables you to exchange bitcoin to EUR, USD, or RUB. The whole process of exchanging takes a few minutes.
eToro
This platform has low fees and supports a wide array of payment methods. However, this service doesn’t allow you to send digital currency to other people. Here, you can only exchange it to fiat currency. eToro is mostly for those who are looking for a platform where they can profit from price movement. This platform can perfectly meet these requirements.
xCoins
This platform has already been around for many years and has a good rating among users, but unfortunately, it has high fees. xCoins.io is the best Bitcoin lending service, but here, the whole process is called “loaning”. You come to this platform and say that you wish to loan bitcoins. Then, you need to undergo an ID verification process, and only after that, you may start using the service. The main mission of this platform is to help sellers and buyers meet online. Therefore, the transaction fees are too high (10%).
It is up to you do decide which one to use but we strongly suggest being very attentive to this issue and deal with reputable and time-proved services. Otherwise, you may easily lose your money!