fero 25 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 post Share on other sites
peanut56 1,317 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. baggy23 and Dario_o 2 Link to post Share on other sites
CountZerpula 27,788 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 Rey, Rutski, aavkk and 4 others 7 Link to post Share on other sites
Dario_o 1,738 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 post Share on other sites
CountZerpula 27,788 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 jetbrzzz, Zerponaut and DannyRipple 2 1 Link to post Share on other sites
CountZerpula 27,788 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 post Share on other sites
LetHerRip 1,202 Posted October 21, 2020 Share Posted October 21, 2020 No XRP as usual, Paypal doesn't want them either. LOL FineSir, SquaryBone and DariStar 1 1 1 Link to post Share on other sites
Popular Post CountZerpula 27,788 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 EcneitapLatnem, aavkk, DannyRipple and 8 others 1 10 Link to post Share on other sites
LetHerRip 1,202 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, FineSir, SquaryBone and 2 others 1 1 3 Link to post Share on other sites
CountZerpula 27,788 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, EcneitapLatnem, DannyRipple and 1 other 1 3 Link to post Share on other sites
BillyOckham 3,483 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. CountZerpula, PlanK and Dario_o 2 1 Link to post Share on other sites
XrpChad 70 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 post Share on other sites
CountZerpula 27,788 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 Zerponaut, Flintstone, EcneitapLatnem and 2 others 5 Link to post Share on other sites
XrpChad 70 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 post Share on other sites
Flintstone 7,406 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 post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now