Rate this post Leading crypto exchange, bitFlyer, has recently announced its incorporation with global payment platform, PayPal. As per the notification, now the European users of PayPal can buy cryptocurrencies by depositing euros into bitFlyer Europe. PayPal Integration with bitFlyer to Remove Barriers The business strategy manager at biFlyer Europe, Jacek Bastin, has recently stated that like any e-commerce website, the exchange has integrated with PayPal. This way, the companies would be able to remove the barriers to entry. He further mentioned that in Europe most of the people use
Unlike with credit cards and wire transfers, it is quite difficult to get contracts from cloud mining providers sing PayPal. Even regular exchanges do not offer the method as often as other two options. The reason for such development lies in the fact that PayPal does not allow transactions that involve the exchange of currencies. Since bitcoin and other cryptos are viewed as one, the platform would ban the accounts dung the transfer. PayPal also charges relatively high fees of 2.9% + $0.3 for each transaction, making it quite expensive.