CoinPayments.net - What's The Good, Bad, and Ugly Of The Site?

[captkirk]

Hi MC Members and Guests,

 

Tommie Kirkland (Captkirk) here...

 

I joined Coinpayments.net today because Frank Salinas has added it as one of his payment processors.

 

I like that you can have your money sent to your PayPal account which is great for me.

 

CoinPayments.net - What's The Good, Bad, and Ugly Of The Site?

 

 

[Darren Olander]

I did research on it as well, and am using it for Bitcoin payouts, I think it is good.. although I wouldn't keep a lot of crypto stored there.

[captkirk]

I did research on it as well, and am using it for Bitcoin payouts, I think it is good.. although I wouldn't keep a lot of crypto stored there.

 

I was informed that they can send your money directly to your PayPal account.

[Darren Olander]

I don't see why not, Coinbase does that now too.

[captkirk]

I don't see why not, Coinbase does that now too.

 

I see they have figured out alternate ways to still use PayPal indirectly.

[Guest mrclean0325]

Do they have any other alternatives to get your money out besides PayPal? Like direct deposit, bitcoin, or check? Are they accepted in other programs yet? Just curious since you are a member already. Trying to find time to look into these options...

[captkirk]

Do they have any other alternatives to get your money out besides PayPal? Like direct deposit, bitcoin, or check? Are they accepted in other programs yet? Just curious since you are a member already. Trying to find time to look into these options...

 

I was only interested in having my money sent direct to my PayPal account.

[wazoo]

Based on all the activity that is harmed due to payment processors, shouldn't everyone be open to multiple ways of funding and receiving payouts?

[psarpit]

Can we store crypto coin at a remote address?

[whyeyes]

I didn't know Coinpayments had any association with Paypal...as far as transferring your money ...I may have to register for an account there. Thanks for the update. I think i read that  coinbase does too... I must investigate further. This may be a good thing for me. Thanks again for sharing guys!

[smalpani7]

does this really give that many zubees

[captkirk]

does this really give that many zubees

 

Nope, it's a payment processor.

[sm62]

thanks for the info going to look in to this  winner never quit and quitters never win

[leiana777]

They have a Cryptocoin intant exchange, you could convert your doge, etherium, etc into bitcoins instantly.. in a couple of years when the cryptocoins grab lots of more users and people start talking about this scheme as a normal Real life conversation those kind of sites will start being utilizedfor millions  users. its just matter of time.

[rpsmith]

I agree with some of the comments above and have a few of my own. Does Paypal allow this kind of transaction? Given how fickle they have been in the past, how long has this been going on?

[rpsmith]

I have been considering setting up an account with them. Is there any downside to using their services?

[weblord]

yes i use it to buy services from other websites and also use it to charge someone it has lot of crypto-currencies method of payment that you can use not only bitcoins.

 

i was also paid commissions using that one.