Post
Topic
Board Trading Discussion
Re: Is bitcoin better or paypal?
by
Cozynunu
on 19/10/2016, 14:42:53 UTC
100% bitcoin is much better than paypal,

In paypal you have to disclose all you identitys and you have to give your identity proofs , in paypal transaction reverse is very famous to scam. and i personally saw paypal and the procedure of it is very bad. and their charges also heavy.

In bitcoin you dont have to disclose your identitys , you can just create a hardware or online web wallet and give your wallet address where ever you want to receive or pay the bitcoins. the transaction charges are also less. and more it is irreversible, and about converting to fiat currency their are so many exchanges where you can convert it one is like localbitcoins.com which is having so many user who are ready to buy or sell and do transaction through bank transfer.

But you have more protection using Paypal. You can reverse a payment if you are scammed by somebody else.
I don tthink taht the bitcoin is really better than paypal you can use them both you know and maybe after that you will be happy about it by trying to use them both off course.