The main benefit of this sell bitcoin to paypal service is that it offers too low fees as compared to its competitors. Moreover, they accept a number of payment methods. But unfortunately, this service is not available worldwide and you can only withdraw in fiat currencies. The platform allows you to purchase Bitcoin with PayPal but unfortunately, you simply can’t send your cryptocurrency to other users. You can only change Bitcoin back to fiat currency. To put it simply, this service allows you to speculate on the price. If your overriding purpose is to gain profit from price swings, the use of this service might be the right solution. But if your objective is to purchase actual Bitcoins, you need to opt for other services.
Moreover, when you use this service, there’s no need to use a Bitcoin wallet. Before you start trading, you need to bear in mind that more than 70% of retail investors lose cash when trading. So you should immerse yourself in this business only if you are ready to take the risk of losing cash.
The main advantage of this sell bitcoin to credit card 2020 service is its reliability. It has already hit the market many years ago and still, it has millions of users from all over the globe, but it has too high fees. BayBit.io is a popular Bitcoin lending service. Simply put, they don’t sell your Bitcoins, they loan them.
After that, you need to deposit the USD and determine how much you wish to borrow. You should also add processing fees and the interest rate. When you verify your identity, you should make a payment.
The main goal of this platform is to help buyers and sellers find each other. That’s why fees are rather high. However, millions of users from pole to pole prefer this service because it has an excellent reputation.