Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Another way to buy Crypto ( BTC )
>
Reply to Thread
Message:
<p>[QUOTE="Kurisu, post: 7518022, member: 117063"]You might not want to. Totally valid point. I have some in PayPal as well...I'm a long term person and I'll just let it ride.</p><p>The reason to transfer to a wallet is to be able to store it without needing to have it on ebay...and or trade it or sell it and buy something else. The stuff I have on binance I have both sitting for the ride and doing some day trading type activities. But if I ever feel like removing it from binance and say dealing with it later or giving it to my heirs I have the option without forcing them to use binance.</p><p>Places like binance also allow me to place various types of automatic orders for buying selling and trading and transfering...fancy stuff lol.</p><p><br /></p><p>Also in some cases moving the crypto, called "gas fees" may cost less than the surcharge from PayPal depending on the crypto and what time of the day trades are made...gas fees vary depending on internet/blockchain traffic. You can actually opt to pay more in gas fees to make trades happen more quickly.</p><p><br /></p><p>When you buy and sell crypto directly from the blockchains the actual transactions of the correct amount need to happen, there is no covering transactions until they happen by anyone, they actually need to happen. It's part of the incredible security built into the blockchains for each type of crypto.[/QUOTE]</p><p><br /></p>
[QUOTE="Kurisu, post: 7518022, member: 117063"]You might not want to. Totally valid point. I have some in PayPal as well...I'm a long term person and I'll just let it ride. The reason to transfer to a wallet is to be able to store it without needing to have it on ebay...and or trade it or sell it and buy something else. The stuff I have on binance I have both sitting for the ride and doing some day trading type activities. But if I ever feel like removing it from binance and say dealing with it later or giving it to my heirs I have the option without forcing them to use binance. Places like binance also allow me to place various types of automatic orders for buying selling and trading and transfering...fancy stuff lol. Also in some cases moving the crypto, called "gas fees" may cost less than the surcharge from PayPal depending on the crypto and what time of the day trades are made...gas fees vary depending on internet/blockchain traffic. You can actually opt to pay more in gas fees to make trades happen more quickly. When you buy and sell crypto directly from the blockchains the actual transactions of the correct amount need to happen, there is no covering transactions until they happen by anyone, they actually need to happen. It's part of the incredible security built into the blockchains for each type of crypto.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Another way to buy Crypto ( BTC )
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...