What are the advantages of using the 'friends and family' option on PayPal for cryptocurrency transactions?
codecatJan 12, 2022 · 3 years ago3 answers
What are the benefits of selecting the 'friends and family' option on PayPal when conducting cryptocurrency transactions?
3 answers
- Jan 12, 2022 · 3 years agoBy choosing the 'friends and family' option on PayPal for cryptocurrency transactions, you can avoid paying transaction fees that are typically associated with other payment options. This can save you money, especially if you frequently engage in cryptocurrency transactions.
- Jan 12, 2022 · 3 years agoUsing the 'friends and family' option on PayPal for cryptocurrency transactions provides an added layer of security. Since this option is designed for personal transactions between trusted individuals, it reduces the risk of fraudulent activities and chargebacks.
- Jan 12, 2022 · 3 years agoWhen it comes to cryptocurrency transactions, using the 'friends and family' option on PayPal can offer a more seamless and convenient experience. It allows for quick and easy transfers without the need for complicated wallet addresses or third-party platforms. However, it's important to note that this option is more suitable for transactions with people you trust, as it lacks the buyer protection offered by other payment options like 'goods and services'.
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