As a cryptocurrency enthusiast, I’m sure you were once in your lifetime in a position where you would need some cryptocurrency transferred into FIAT for a personal problem. But transferring the Bitcoin in FIAT is a process that takes time – sometimes it’s even a matter of days. OnestPay is a service that’s trying to change this.
OnestPay – Exchanging Bitcoin to PayPal, Bank Transfer And More
This service that wants to help you save time when exchanging Bitcoin to FIAT. And the best thing about it is the fact that the payment are issued in less than 30 minutes. And this is not all, the greatest thing of it is the low fee of just 0.50%. For example, when exchanging $2,000 worth of bitcoins the fee will be only $10. Besides saving time, you also save a few dollars from the low commission exchange rate.
Unlike other services, with OnestPay you always know the reserve they have on each service. You can check their PayPal Account, their Bitcoin Wallet one and even the Bank account balance. OnestPay works both ways too. If you want, you can purchase Bitcoin using Bank Transfer or other services – it’s possible, however not with PayPal right now. They don’t work with PayPal, Bitcoin wallet and bank transfer only. OnestPay also have Perfect Money, Western Union, Payeer, OkPay and WebMoney. The site is secured by a Comodo SSL to protect the identity of their clients.
How can I Exchange Bitcoin To PayPal?
If you want to do this, there are a few steps that you have to do:
- Access OnestPay.com and select the preferred service where you want to receive FIAT and the currency of it.
- Complete the amount in Bitcoin and exchange it.
- Register with your email and the requested data.
- Confirm the change and send the Bitcoin to the address displayed on the screen.
Now all you have to do is to wait for 1 confirmation on the blockchain and the PayPal payment will be issued within 30 minutes. They also have an affiliate program if you want to tell your friends about it, you can check it here.
If you need an easy and secured service to exchange Bitcoin to PayPal, OnestPay is one of the most promising out here. Exchanging Bitcoin to PayPal was never this easy or cheap.