Buy Bitcoin with PayPal through xCoins
xCoins.io (not to be confused with xCoins.com) describes itself as a Bitcoin lending service. Instead of selling you Bitcoins they are loaning you Bitcoins (to an extent). Whether this is actually a loan or a sale is somewhat ambiguous and can be left for interpretation. Here’s how it works:
You (the buyer), come to the site and say you want to “loan” some Bitcoins. After a short ID verification process you will be requested to deposit the USD equivalent of how much you want to borrow + credit card / Paypal processing fees + a fixed amount that acts as the interest rate on the loan.
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How to Use xCoins
Sign up to the site
Choose the amount you want to buy
Agree to the loan agreement (see image below)
Verify your identity
Make payment
Since this platform matches lenders with buyers, the fees are relatively high.
Sign up to the site https://xcoins.io
Choose the amount you want to buy
Agree to the loan agreement (see image below)
Verify your identity
Make payment
Since this platform matches lenders with buyers,
the fees are relatively high. You can
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