Crypto

Some People Still Try to Buy Bitcoin With PayPal in 2019

There are many different platforms and companies looking to bring Bitcoin to the masses. Not all of these platforms should be trusted, primarily where some unusual payment methods are involved. 

The AlphaChanger platform is currently receiving a lot of flack, even though users should know better than to blindly trust this type of service.

Avoid Using PayPal for Cryptocurrencies

On the surface, there is nothing wrong with what the company is trying to provide.

They too – seemingly – aim to make cryptocurrencies more accessible to the masses.

To do so, the company claims to accept deposits through PayPal, a company notorious for not supporting cryptocurrencies in any official capacity. 

Unfortunately, some users still tend to believe it is possible to buy and sell Bitcoin through PayPal in 2019.

Several complaints regarding this service can be found all over the internet.

Related Post

AlphaChanger has a history allegedly not fulfilling customer orders, and not providing refunds either. 

Such complaints always need to be taken with a grain of salt, however.

Cryptocurrency users need to be aware of why PayPal won’t offer them a refund either in case something goes wrong.

The company does not offer a buyer protection service for purchases made that qualify as digital goods, particularly virtual currencies. 

It is always best to stay away from platforms claiming to let users pay with PayPal for Bitcoin or altcoins.

For those unaware, it is also forbidden to buy and sell cryptocurrencies to PayPal in general.

Engaging in this type of activity can get one’s account limited or even terminated permanently. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Starknet Introduces STRK20 To Bring Built-In Privacy To ERC-20 Tokens

The team behind Starknet has introduced a new token standard aimed at solving one of…

13 hours ago

Meta Acquires Moltbook, A Social Network Built For AI Agents To Interact And Coordinate

In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…

13 hours ago

Polymarket Partners With Palantir To Develop AI Platform For Sports Betting Integrity

Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…

13 hours ago

Ethereum Foundation Begins Staking Treasury ETH Using Bitwise Infrastructure

The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…

2 days ago

Cyberconnect And SurfAI Founder Reportedly Under Investigation In China

Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…

2 days ago

Virtuals And dAI Launch ERC-8183 To Enable Trustless Agentic Commerce On Ethereum

The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…

2 days ago