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What are the advantages of using the 'friends and family' option on PayPal for cryptocurrency transactions?

avatarHickman DejesusDec 25, 2021 · 3 years ago3 answers

What are the benefits of selecting the 'friends and family' option on PayPal when conducting cryptocurrency transactions?

What are the advantages of using the 'friends and family' option on PayPal for cryptocurrency transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    By choosing the 'friends and family' option on PayPal for cryptocurrency transactions, you can avoid paying transaction fees that are typically associated with other payment options. This can save you money, especially if you frequently engage in cryptocurrency transactions.
  • avatarDec 25, 2021 · 3 years ago
    Using the 'friends and family' option on PayPal for cryptocurrency transactions provides an added layer of security. Since this option is designed for personal transactions between trusted individuals, it reduces the risk of fraudulent activities and chargebacks.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to cryptocurrency transactions, using the 'friends and family' option on PayPal can offer a more seamless and convenient experience. It allows for quick and easy transfers without the need for complicated wallet addresses or third-party platforms. However, it's important to note that this option is more suitable for transactions with people you trust, as it lacks the buyer protection offered by other payment options like 'goods and services'.