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Buying Crypto Through Pay Pal

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by COINS NEWS 123 Views

Has anyone else tried to buy crypto through Pay Pal? You can buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. You might be able to pay using a credit card, although the transaction might be declined. I tried using my bank account and that works. This is very convenient because Coinbase will not allow me to use my preferred bank account any more.

The only problem I had is that I cannot transfer my crypto to my cold wallet. I get the message "Your crypto is processing. You don't have any ETH available to send right now because it is on hold. It can take 3 to 5 business days to process. Try sending again in a few days." I expected this hold to expire as soon as the transaction cleared my bank, but that is not the case. If there is always going to be this delay, then I think I would do better to stick with the convoluted way I transfer money between my bank accounts to continue using Coinbase. There is no excuse to put crypto on hold. What the hell are they processing?

submitted by /u/webauteur
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