Help talk:FAQ

From Bitcoin Wiki
Revision as of 06:13, 6 September 2014 by Asperous (talk | contribs)
Jump to navigation Jump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Remove SLL?

I want to suggest removing the "purchase Bitcoins via Paypal through virwox" suggestion from this page: faq#Can_I_buy_bitcoins_with_Paypal.3F

For the following reasons:

  1. .02 btc minimum purchase
  2. 24-48 hour btc withdraw hold for new accounts
  3. 5%+ fees for the two trades necessary
  4. Low volume / poor arbitrated markets (current buy/sell is ~547 / 535 with today's price being $513)
  5. Two trades needed means not easy to figure out buy/sell prices at a glance
  6. Arbitrarily limits on "fractions of USD" and SLL amounts means you will likely loose a dollar in their system (can't cash out completely).
  7. Not a good/straightforward experience for those new to Bitcoin

- Asperous (talk) 08:10, 27 August 2014 (UTC)

Retrieved from "https://en.bitcoin.it/w/index.php?title=Help_talk:FAQ&oldid=50870"