Altcoins News | Bitcoin News Today – Blockchainreporter

Are you thinking of selling your bitcoin and receive your funds via PayPal? You can now securely withdraw fiat to PayPal or sell your crypto to your PayPal account via CoinPal.

As Bitcoin adoption continues by the day, users have been on the lookout for a high-quality service. CoinPal is changing the way users can transact business on PayPal and ensure their security and privacy are guaranteed. Transferring Bitcoin to your PayPal account without any difficulty is now possible, according to a press release by on June 23, 2020. 

No Complicated Registration Processes

As per the release, the objective of the company is to make crypto transactions more convenient. CoinPal makes transferring bitcoin to PayPal simple without passing through complicated registration processes. Users don’t have to go to any other website, thereby exposing their details. The platform processes transactions quickly, and its security system is 100% secure. The statement elaborates:    

“We produce a ‘Letter of Guarantee’ for every transaction within the system. Our support is ready to be at your service round the clock […] the startup provides a cryptocurrency exchanging platform that gives you the option to exchange Bitcoin to PayPal, making it easier for you to cash out your cryptocurrency without traces.”

Addresses Remain Anonymous

Exchanges offering Bitcoin to PayPal services often require users to register and give their identification details before they can transact. This is a source of concern for users. They worry about the security of the personal information they provide to websites and cryptocurrency exchanges. CoinPal is now changing all that by providing the most secure system in the market. The company says:

“CoinPal reintroduces anonymity by allowing online shoppers that pay using cryptocurrency through addresses that remain anonymous when the user is completing transactions. The shoppers, as such, cannot be associated with the various addresses they use.”

Private Transactions without a Trace

Since the advent of crypto, millions of users have switched from fiat to blockchain and cryptocurrency. Bitcoin is gradually becoming the new way to pay for goods and services. The reason the game-changing technology is taking the world by storm is the fact that it ensures complete privacy. By recording all the transactions in a publicly available ledger, their parties can easily trace them if they wanted to. Users have been asking for a new level of confidentiality, which is where CoinPal comes into the picture. 

CoinPal is a Bitcoin exchange service that operates under the idea of hiding your digital assets from the public eye. The system mixes your coins with those in the exchange’s cryptocurrency reserves to ensure private transactions without a trace. With CoinPal, your BTCs unidentifiable. You can rest easy knowing that neither crypto-hackers nor security agencies can keep track of your financial activities.