Understanding BitCoin and How to Transfer BitCoin To Paypal Account

Bitcoin Paypal Transfer
Transfer BitCoins To Paypal Account
How to transfer bitcoin to paypal will be very interesting to discuss because in this very modern era, everything can not be separated from the online world. Whether it is as a medium of communication, work or buying and selling transactions. Buying and selling transactions through online media is easier for many things. In addition to the two sides do not need to meet each other face to face, the transaction process also becomes easier, practical and also fast. Even along with the sale and purchase made through the online world, the currency used is also shaped virtual. One of them is BitCoin. For more details, note the following explanation.

Understanding Bitcoin

BitCoin is a virtual currency that can be used in online transactions. The virtual currency is not physically shaped like the currency in general, but only a file that you can save to the computer. The advantages of this BitCoin for example as a user, you do not need to include information related to your personal data as it should be done if you use physical currency in the bank and others. So in other words, using virtual currency BitCoin provides its own security for you as users.

As for the deficiency are: ·
Problems Occured In Files Because the form is in the form of virtual currency, then BitCoin will be very vulnerable. This is because BitCoin is a currency in the form of files that could have occurred some possibilities such as corrupted files, lost or deleted. Or it could be the media you use to save the BitCoin that is problematic. Surely this will be very detrimental to you. ·
Not Popular Again It is true that virtual currency including BitCoin is indeed popular so widely used by everyone around the world. But along with the development of the era, will certainly be influenced by the trend. While the trend itself can change with the time. If BitCoin is currently being widely used by many people, this certainly is an advantage for you. But what happens if one day this one currency is no longer desirable? Surely this will harm you as a user.
How To Transfer BitCoins To A Paypal Account

After knowing the understanding and the shortcomings and advantages of BitCoin, of course you want to know how the hell do I transfer BitCoin to Paypal account. Paypal itself is a virtual bank account that can be used to receive and send money in dollars and others. And one way is to use Bitwala. Bitwala this became one of the business in Europe which can be used to transfer from BitCoin to Paypal. For delivery of BitCoin into your Paypal account you will be charged only 0.5% by using Euro currency (EUR). Because if you use other currencies it will be charged a higher rate. The trick is as follows:
Log into Bitcoin.co.id then login to your account. If you do not have a BitCoin account yet, you can register first by filling out the registration form provided. ·
Verify HP number and install google authenticator
Go to Tab Deposit Bitcoin proceed into Bitcoin Wallet then choose what type of swallow you will use
Select Tab PAY - Any Address, then enter Bitcoin.co.id
Enter the nominal deposit you want
Wait for confirmation, which you can check through Bitcoin.co.id balance
Select Market Menu - BTC / IDR then drag downwards
Enter the Rupiah Withdrawal Tab and enter the amount of rupiah you want to withdraw
Select the type of bank you use then enter your account number and google authenticator code
Click send then check your email that will have notification notification about the nominal amount of rupiah that you drag For delivery to the bank will usually take about 1 hour
That was earlier information about BitCoin and How to transfer bitcoin to paypal, may be useful for you.