Register Blogs Advertise with usHelp Desk Today's Posts Search

Rate this Entry

How to Buy Bitcoin With Your Credit Card or PayPal in 3 Simple Steps

Share
Submit "How to Buy Bitcoin With Your Credit Card or PayPal in 3 Simple Steps" to Facebook
Posted 28th September 2017 at 10:38 AM by ProScribe

If you invested $2000 in Bitcoin five years ago today you would be a millionaire. And the good times might not be over just yet. Many people predict that Bitcoin could reach $10K, $100K or even one million a coin.

The truth is no one has a crystal ball.

We don’t know how high the price of Bitcoin may one day reach. But if the past is any indication, then higher prices are certainly possible.

If you are looking to stake your own claim in the crypto-currency “gold rush” then you may have found the hardest part is getting your hands on Bitcoin in the first place!

Most Warriors have a PayPal account (or at least a credit card) so it should be easy enough to buy Bitcoin - unfortunately it’s not.

Adverse to the regulatory environment and chargebacks Credit Card providers and PayPal have made it challenging to buy Bitcoin directly.

Luckily there is a solution.

xCoins is a platform which connects people with Bitcoins, with those who want them. What makes xCoins unique is that they have simplified the process of using a credit card or PayPal account to buy Bitcoins.

Essentially, the workaround they have created is to have people with Bitcoin “lend” those Bitcoins to people who want to borrow them.

To put it into three steps the process goes like this:


Step 1: People who want to lend Bitcoin transfer them to an xCoins wallet.

Step 2: The borrower pays the value of the Bitcoin they want to borrow directly to the lender’s plus a one time fee.

Step 3: When the money is transferred the xCoins are released from the xCoins wallet to the borrower.

It’s a simple process which helps people use their credit card or PayPal account to quickly buy Bitcoins.

Click here to visit xCoins and buy Bitcoins with your PayPal or Credit Card
Posted in Uncategorized
Views 162 Comments 0
Total Comments 0

Comments

 


All times are GMT -6. The time now is 09:52 AM.