fero Posted October 21, 2020 Share Posted October 21, 2020 PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency, but no XRP in the initial offering . anyone knows or has an idea as to why? https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency CountZerpula 1 Link to comment Share on other sites More sharing options...
peanut56 Posted October 21, 2020 Share Posted October 21, 2020 From what I could tell, they are allowing to fund your paypal account. So it seems that paypal would take the cryptocurrency, sell it on the market, charge a fee and fund your personal account with it. So, it may be a thing under the disguise of "look we are making progress into digital payments," while they really are trying to reap some fees. Dario_o 1 Link to comment Share on other sites More sharing options...
CountZerpula Posted October 21, 2020 Share Posted October 21, 2020 29 minutes ago, fero said: PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency, but no XRP in the initial offering . anyone knows or has an idea as to why? https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency It has to do with NYDFS XRP is approved for custody, but not litsing Ramforinkas, Ahchai, Zerponaut and 4 others 7 Link to comment Share on other sites More sharing options...
Dario_o Posted October 21, 2020 Share Posted October 21, 2020 26 minutes ago, peanut56 said: From what I could tell, they are allowing to fund your paypal account. So it seems that paypal would take the cryptocurrency, sell it on the market, charge a fee and fund your personal account with it. So, it may be a thing under the disguise of "look we are making progress into digital payments," while they really are trying to reap some fees. isn't it bi-directional then? I can only sell crypto for fiat, but I'm not allowed to buy crypto with fiat? CountZerpula 1 Link to comment Share on other sites More sharing options...
CountZerpula Posted October 21, 2020 Share Posted October 21, 2020 All told I think it's a good thing, but the storyline is better written as PayPal Launches New Service Enabling Users to Buy, 'Hold' and Sell Cryptocurrency - But Not Hold Private Keys, Transfer Currencies To Other Users, Or Send Them To Merchants' Or Other Wallets Zerponaut, jetbrzzz and DannyRipple 2 1 Link to comment Share on other sites More sharing options...
CountZerpula Posted October 21, 2020 Share Posted October 21, 2020 21 minutes ago, Dario_o said: isn't it bi-directional then? I can only sell crypto for fiat, but I'm not allowed to buy crypto with fiat? I may be wrong - but it seems you should be able to if you're an account holder https://s1.q4cdn.com/633035571/files/doc_presentations/2020/10/Crypto_Buy_Sell_Hold_Announcement_Details.pdf Link to comment Share on other sites More sharing options...
LetHerRip Posted October 21, 2020 Share Posted October 21, 2020 No XRP as usual, Paypal doesn't want them either. LOL SquaryBone, DariStar and FineSir 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post CountZerpula Posted October 21, 2020 Popular Post Share Posted October 21, 2020 8 minutes ago, LetHerRip said: No XRP as usual I thought that by literally posting a picture that explains why that it would help ... guess not Ramforinkas, Sotong, LittleLordFauntleroy and 8 others 1 10 Link to comment Share on other sites More sharing options...
LetHerRip Posted October 21, 2020 Share Posted October 21, 2020 (edited) 21 minutes ago, CountZerpula said: I thought that by literally posting a picture that explains why that it would help ... guess not You're doing too many mental gymnastics always looking for excuses, you remind me of this guy Edited October 21, 2020 by LetHerRip CountZerpula, Neurotoxin, SquaryBone and 2 others 1 1 3 Link to comment Share on other sites More sharing options...
CountZerpula Posted October 21, 2020 Share Posted October 21, 2020 7 minutes ago, LetHerRip said: Too many mental gymnastics LOL ‘looking at pictures is too hard’ Gazelle77, DannyRipple, Trickery and 1 other 1 3 Link to comment Share on other sites More sharing options...
BillyOckham Posted October 21, 2020 Share Posted October 21, 2020 2 hours ago, CountZerpula said: LOL ‘looking at pictures is too hard’ Since I ignored him my experience of the forum is much improved. He is so far the only one on my list. He made it by never ever putting anything of value out and never missing an opportunity to snipe at XRP and it’s holders. Some people apparently enjoy throwing brickbats. To be honest I wish people wouldn’t quote him either, then I’d never notice his vomitus. PlanK, CountZerpula and Dario_o 2 1 Link to comment Share on other sites More sharing options...
XrpChad Posted October 21, 2020 Share Posted October 21, 2020 5 hours ago, CountZerpula said: LOL ‘looking at pictures is too hard’ He has a point though, its kind of sad how ripple achieved zero adaption progress for xrp in the past 4 years. Getting added and suported by a big payment processor is a huge thing for any coin. LetHerRip 1 Link to comment Share on other sites More sharing options...
CountZerpula Posted October 21, 2020 Share Posted October 21, 2020 3 minutes ago, XrpChad said: He has a point though, its kind of sad how ripple achieved zero adaption progress for xrp in the past 4 years. Getting added and suported by a big payment processor is a huge thing for any coin. Wherein you both continue to miss the point: Whether PayPal wants to list XRP or not - they're not allowed to Danny, Flintstone, LittleLordFauntleroy and 2 others 5 Link to comment Share on other sites More sharing options...
XrpChad Posted October 21, 2020 Share Posted October 21, 2020 1 hour ago, CountZerpula said: Wherein you both continue to miss the point: Whether PayPal wants to list XRP or not - they're not allowed to proof? CountZerpula 1 Link to comment Share on other sites More sharing options...
Flintstone Posted October 22, 2020 Share Posted October 22, 2020 17 minutes ago, XrpChad said: proof? Maybe if you read the article and each comment (again?). Hint: 3rd post CountZerpula and Trickery 2 Link to comment Share on other sites More sharing options...
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