Thats good news for biblecoin.
Very good to have an extra exchange that will be avaiable also for new accounts.
I am only a bit confused about the Southxchange regulation for funding the account with USD from Paypal:
"A hold will be placed in your account for the amount deposited for 60 days, that means your account must keep that amount or its equivalent in other high-profile coins (BTC, LTC, DOGE, DASH) for 60 days,"
Does it mean that when you buy BBP with Paypal/USD you have to wait 60 days before you can withdraw the BPP?
EDIT: I think I got the answer in the customer protection rules of Paypal:
"If you don't receive the item that you ordered, or it shows up significantly different from its description, you may qualify for Purchase Protection, and we'll reimburse you for the full purchase price plus any original shipping costs, subject to terms and limitations. If you are charged for a transaction that you didn't make, let us know within 60 days, and we've got you covered."
...
It's completely reasonable, they can't let someone pull back USD after withdrawing crypto, because the latter is obviously irreversible. It's just a shame PayPal purchase protection is so long. But if you are investing in BiblePay long-term, then it's viable.