Mylot and bitcoin / myLot

Philippines

August 21, 2018 4:48am CST

Crypto currencies are fast getting popular thes days. Don’t you think that it is high time they use this as alternative ways to pay its users. I am pretty sure there are a lot of us who have a btc wallet somewhere. It is much more convenient for me than paypal.

13 people like this

15 responses

Jandie

@tech40 (23128)

• Philippines

21 Aug 18

This is what I've asked on the myLot community before, but unfortunately, some or most of the users didn't like bitcoin as one of the payment processors in myLot because of the currency rate is keep on changing, but if myLot will have bitcoin as a payment method, I'm going to use it since bitcoin is usable for me than PayPal, especially when I'm going to withdraw my funds, because usually they sent payment through my PayPal and after I received it I exchange it to bitcoin

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

Oh I see. I want it since it has an app that converts to my local currency faster than transacting it through paypal.

1 person likes this

Jandie

@tech40 (23128)

• Philippines

21 Aug 18

@rsa101 Is that coins? Hehe I'm using coins to convert from PayPal to BTC, but the problem is that, "I need to find a well-trusted person who can do an exchange from PayPal to BTC (Which is risky) but since myLot don't want to add another payment processor, then I can't do or We can't do anything just to adjust to the situation and search for an alternative way for us to convert our PayPal funds to BTC.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

@tech40 yes that’s true paypal does not allow transfers to others. It is indeed risky trying to deal with other users.

1 person likes this

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putri

@leny34 (8506)

• Sidoarjo, Indonesia

18 Dec 18

why can you say the btc wallet is much more convenient than paypal?

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

19 Dec 18

Well its faster but I think that most in here are in favor with paypal already. They are more comfortable with it.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

19 Dec 18

@leny34 Actually I feel comfrotable with both. But I think with BTC being a bit unstable I would prefer to stay with paypal too.

putri

@leny34 (8506)

• Sidoarjo, Indonesia

19 Dec 18

@rsa101 yes I also feel more comfortable with paypal, how about you?

1 person likes this

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Hope

@1hopefulman (45123)

• Canada

25 Aug 18

I don't like or want cryptocurrencies and am pretty happy with Paypal. However, if there was a choice, it wouldn't bother me. It is all up to the managers of the website and I'm happy with whatever they do in this matter.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

25 Aug 18

That is what I was suggesting for another option other than Paypal. I was not suggesting to replace paypal really. But many are saying that adding would mean additional burden for paypal to have two accounts to manage and the volatility of the cryptocurrencies right now might affect them financially. So I rest my case with Mylot.

1 person likes this

Hope

@1hopefulman (45123)

• Canada

25 Aug 18

@rsa101 You gave a suggestion ans I'm sure that if MyLot could do it that they would. However, there is often much taht has to be considered and MyLot needs to do what is best for the site to keep going.

1 person likes this

Anna

@LadyDuck (458230)

• Switzerland

25 Aug 18

I prefer to receive dollars in my PayPal account. Should they decide to add the Bitcoin option, I hope they will keep the actual option that is the only convenient for me.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

25 Aug 18

Yeah i was suggesting it as an option not a replacement. But I leave that to mylot to decide

1 person likes this

Anna

@LadyDuck (458230)

• Switzerland

25 Aug 18

@rsa101 I believe that most users are fine with the actual system.

Bhem

@JustBhem (70555)

• Davao, Philippines

21 Aug 18

Yes, they are very popular and there are others too who are not using it. I still go for PayPal though.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

Anyway as majority are still very confident that paypal would do and economically practical and convenient for majority of users then i rest my case

1 person likes this

Bhem

@JustBhem (70555)

• Davao, Philippines

21 Aug 18

@rsa101 Look like @owlwings explained it already.

2 people like this

Nicckholla

@Nickzter1331 (4229)

• Philippines

21 Aug 18

,,,i still prefer paypal... and MyLot will be the one to.decide if they want it...

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

Yes I certainly agree mine is just a suggestion and mylot still has the final say in all of these.

1 person likes this

Nicckholla

@Nickzter1331 (4229)

• Philippines

21 Aug 18

@rsa101 ,,,yes youre right... :)

1 person likes this

May2k8

@May2k8 (18080)

• Indonesia

21 Aug 18

some people feel that crypto currency is not safe, different with PayPal.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

I guess paypal can be practical for those that uses dollars. In my case i find it hard to get the money out

1 person likes this

sofs

@sofssu (23662)

•

18 Dec 18

I love paypal its hastle free.. no extra chares and such.

1 person likes this

Marlina

@marlina (154166)

• Canada

21 Aug 18

I am fine with PayPal.

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

It is good to know what the sentiments are.

1 person likes this

rakski

@rakski (112925)

• Philippines

21 Aug 18

They are already paying in dollars, why change?

1 person likes this

rsa101

@rsa101 (37966)

• Philippines

21 Aug 18

Well not everyone uses dollars. Paypal is easier to use for dollar users they don’t need to pass through many different convertion to lical currency. Bitcoin is fast and easily convertible to my local currency