PayPal Vs. Perfect Money, Exchange Crypto the Right Way

When you are done hodling, comes the time to exchange crypto and cash out your profit. But, with so many options around, users may face some confusion as to what they should do. Essentially, both PayPal and Perfect Money are very practical payment systems but depending on the use case, they have some fundamental differences. As an exchange platform, we offer both solutions but here is our guide as to which one is better for you to exchange crypto.

Why Exchange Crypto to PayPal

PayPal is a digital payment service that can be used by customers while they shop online. The platform stores payment information, such as bank account or credit card numbers, so that every time they buy something, customers do not have to type the numbers out. Also, it hides from companies this financial information, adding a layer of security to online shopping. PayPal payments can be incorporated into online checkout process by small companies and similarly by large corporations.

Now, while PayPal does not offer lots of anonymity, they are the top secure payment system by a mile. Considering the huge amount of regulations as well as the largest user base in the world, PayPal keeps it safe. Thankfully, transactions are reversible and the quality of service remains the benchmark in the industry.

Distinguishably, PayPal has so many hassles and requirements, but your assets are very safe. For that, you will face many restrictions on buying cryptocurrencies the next time yet the security is worth it.

So, if you want to cash out for a long time and want your assets available on various platforms, PayPal is the way to go.

Learn how you can Exchange Bitcoin to PayPal

Why Exchange Crypto to Perfect Money

On the other hand, Perfect Money is all about lesser regulations and lesser hassle. With PM, what you get is a lot more financial freedom and privacy all while your assets are available to you as the owner at all times. Unfortunately, most people think of Perfect Money as a gray area for payment systems that is sketchy. However, PM has been around for years and for what is worth, it is actually very much reliable.

Sadly, in this day and age, we do not actually own our money since it’s not in our pockets. Instead, we have to trust digital networks to hold them for us and hopefully let us have it when we want them. While we praise PayPal for the security, they tend to passive-aggressively restrict our financial activities with thousands of regulations and requirements. For example, there are numerous constraints on buying cryptocurrencies with PayPal all in the name of regulations.

And this, is where Perfect Money shines. PM allows the user to buy and exchange crypto on platforms like HiExchange in full privacy.

Continue reading “What is Perfect Money”

Verdict

In this case, it’s actually very simple to pick one. If you’re looking to store your assets for a long time, go with PayPal. PayPal offers the highest security of funds but also suffers from a vast variety of regulations. In that regard, it would be more difficult to buy cryptocurrencies the next time with PayPal. Conversely, if you want to get back in the market quick, exchange crypto to Perfect Money. Despite the reputation, PM has consistently remained as a reliable payment system. On top of that, the financial liberty is a rare gem these days and Perfect Money knows it!