Why are more websites paying cryptocurrencies?

[timewo]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

 

[Hate2Wait]

The biggest reason is online earners like us as not many like to pay fee on their payments and they don't mind crypto payments and the environment in their countries is better as compared to India so they are switching to Crypto

 

[junrose123]

I think it is mainly because people find cryptocurrency more reliable and convenient than any other payment processor, though there maybe some countries that cryptocurrency is not available but for me I find it more faster and convenient.

 

[Shavkat]

Because they allow safe online transactions without the help of a third party, it is growing in popularity.

 

[gammarays]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

Crypto currency is gaining more popular daily. They need to add crypto currency payment so they'll not miss customers to their competitors. Even PayPal supports crypto currency.

 

[Stardom22]

I think crypto is very simple, most of them don't charge processing fees, and that is accepted in most countries.

 

[eldavis]

Most countries do not even have access to PayPal hence most site have decided to shift to cryptocurrency or at least add it as part of their payment methods.

 

[LoukiaCharilaou]

I think that the reason is that cryptocurrencies are getting more and more popular around the world.

 

[Bisolami]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

I think because it is faster and also some cryptocurrencies like BCH have lower transaction fees

 

[Enxx]

One reason I see is that PayPal transaction fees is high and also most people are now into cryptocurrency

 

[Hate2Wait]

Paypal has started to restrict users with different ways and this is why we see different websites going for cryto only

 

[Imran Noori]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

Because PayPal is not working in all over the world but crypto is available in every country so users need something which is globally available.

 

[oldbuddy]

Because PayPal keeps shooting themselves in the foot and turning away the marketplace that got them their start years ago (the Make Money Online Sector) and I don't know of any sites paying with PayPal that offer daily compound interest like Bitcoin sites do and that is where the real opportunities exist today. Sure there is some risk if you don't do your research and testing, but if you are using free money to build to the higher levels it's well worth it. What PayPal supported websites do you know of that are paying the equivalent of 4,000 Satoshi a day and increasing it day by day? If you remain loyal to PayPal you are leaving more money on the table every day you delay.

 

[Hate2Wait]

PayPal has limited accounts of many forum owners too as they did with the admin of Bmf so they don't have any other option other than to go for crypto

 

[Niyi Briggs]

It is because payment with crypto is straightforward. No hassles, no stress. I personally love receiving payments through crypto.

 

[Golden9]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

Bitcoin has less limitations than cryptocurrency. You can send money to any part of the world easily. It's also because people have been having issues with PayPal.

 

[Suba]

Currently there are many online money making websites that have invested in cryptocurrency, and they have generated a lot of crypto by staking and earn interest, some of which are also doing crypto mining, so they will be more effective and efficient if they pay their members with crypto, both Bitcoin and Altcoin. and they don't need to exchange crypto to fiat or to PayPal which requires transaction fees.

 

[Hate2Wait]

It is because payment with crypto is straightforward. No hassles, no stress. I personally love receiving payments through crypto.

Which is your Preferred crypto? I like Bch and these days I'm also preferring LTC

 

[funkie]

Increasingly online money making websites are paying through cryptocurrencies. Earlier many of these websites were paying using paypal, now they switched to Bitcoin and other currencies. What do you think is the reason for doing so?

I think it is much easier for admins of websites to pay via cryptocurrency rather than the old methods. This is just my opinion though.

 

[Hate2Wait]

I don't think it's easier or tough but it's because of the fee so most are going for crypto