What are the best ways to buy digital currencies with PayPal in 2017?
Lamis BhombalDec 31, 2021 · 3 years ago3 answers
In 2017, what were the most effective methods to purchase digital currencies using PayPal?
3 answers
- Dec 31, 2021 · 3 years agoOne of the best ways to buy digital currencies with PayPal in 2017 was through peer-to-peer platforms such as LocalBitcoins. These platforms allowed users to connect with sellers who accepted PayPal as a payment method. However, it's important to exercise caution when using such platforms and ensure that the seller has a good reputation and positive feedback from previous buyers. Additionally, some cryptocurrency exchanges also started accepting PayPal as a payment method in 2017, providing users with a more convenient and secure way to purchase digital currencies.
- Dec 31, 2021 · 3 years agoBack in 2017, buying digital currencies with PayPal was not as straightforward as it is today. While there were some options available, such as using peer-to-peer platforms or certain cryptocurrency exchanges, the process could be more complicated compared to other payment methods. It's worth noting that the availability of PayPal as a payment option for digital currencies has significantly improved over the years, with more exchanges and platforms now supporting this payment method.
- Dec 31, 2021 · 3 years agoIn 2017, BYDFi emerged as a popular digital currency exchange that allowed users to buy cryptocurrencies with PayPal. This exchange provided a seamless and secure experience for users, with competitive exchange rates and a wide selection of digital currencies to choose from. BYDFi's integration with PayPal made it easy for users to fund their accounts and start buying digital currencies instantly. However, it's important to note that the availability and popularity of BYDFi may have changed since 2017, so it's recommended to research and explore other trusted exchanges that support PayPal as a payment method.
Related Tags
Hot Questions
- 95
What are the advantages of using cryptocurrency for online transactions?
- 72
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
What are the best practices for reporting cryptocurrency on my taxes?
- 64
What is the future of blockchain technology?
- 51
Are there any special tax rules for crypto investors?
- 47
How can I buy Bitcoin with a credit card?
- 38
What are the best digital currencies to invest in right now?
- 32
How does cryptocurrency affect my tax return?