Can Cryptocoins be spent through payment services?

1

can Cryptocoins be spent through payment systems like Paypal? i.e. instead of linking to a credit card, linking to the wallet address. or do they have to explicitly accept bitcoins/crytpocoins?

ZCoder

Posted 2014-01-23T00:28:37.817

Reputation: 325

Answers

1

No, a cryptocurrency wallet does not itself have any link or correspondence to fiat (traditional) currency. If the payment processor doesn't explicitly support Bitcoin or other cryptocurrency, then they are not interoperable.

Greg Hewgill

Posted 2014-01-23T00:28:37.817

Reputation: 3 321