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

Velocity Ticket Debuts As The AI-Powered Invoicing Tool Every Service Business Needs in 2026

Velocity Ticket is trying to fix a major gap in businesses, and the approach it…

2 days ago

Axelar Confirms $4.67M Exploit on Secret Network Bridge, Core Protocol Remains Unaffected

Axelar is moving fast to contain damage after identifying a security incident that has resulted…

2 days ago

Sui Synthetic Dollar suiUSDe Gets Its Own Website

suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…

2 days ago

Ventuals Winds Down HIP-3 DEX, vHYPE Withdrawals Now Live For All Holders

Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…

2 days ago

Avalanche Launches Payments Collective With Franklin Templeton And 25 Others

Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…

3 days ago

ASTER Whale Reopens 5x Long Days After Getting Fully Liquidated On The Same Token

A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…

3 days ago