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Everybody has heard of Bitcoin ( BTC). PayPal’s cryptocurrency services have introduced millions to Bitcoin. Nearly 350 million PayPal account holders have now an easy way of owning the fastest-growing asset class in history.
The news of PayPal’s new offering has elicited mixed reactions from the crypto community, with some expressing cautious optimism and others voicing outrage. This article explores the reasons PayPal’s new offering has generated such mixed reactions and examines both the positive and negative aspects of buying crypto on the PayPal platform. If you are wondering how to buy Bitcoin with PayPal, this article will show you.
Users must first log in to PayPal. After logging in, users will need funds available. This could involve linking credit cards, debit cards, or bank accounts.
PayPal requires all users to undergo Know Your Customer verification due to the stringent requirements surrounding crypto.
KYC verification requires the submission of documents that prove user identity, such as a driver’s license. You may need to submit a copy of proof of address and your identity card for verification. A W-9 tax form must be submitted by all interested users.
The requirements to purchase crypto through the PayPal platform are simple, as readers will be able to see. However, to meet KYC and Anti-Money Laundering measures, exchanges will require that users submit a driver’s license for identity verification. This can provide additional benefits, such as a lifting of the daily maximum withdrawal limit.
Interested PayPal users should conduct their research and do their homework to find out about exchange requirements. It may be prudent to compare exchange requirements with PayPal’s when you are considering investing.
Before users start buying cryptocurrency with their PayPal accounts, it is prudent to consider both the benefits and drawbacks of purchasing Bitcoin through PayPal.
Selling Bitcoin via PayPal has its UpsideThere are definitely upsides to introducing more than a quarter-billion users to cryptocurrency. Although the crypto community might not be willing to admit it, PayPal is providing a benefit to the industry by offering a low-risk approach to crypto ownership.
Another way to view it. Let’s say that a PayPal user buys cryptocurrencies through the platform. They should conduct additional research online about the asset, and cryptocurrencies generally since they have already invested in it. It is normal to want to know what one has.
It is therefore essential to continue digging into the crypto rabbit hole. This knowledge-hunger should lead to a desire to own their digital assets.
This offer is most beneficial to novice cryptocurrency users who are just starting to use them. This benefit is only available to those who are tolerant of low risk. These users may find buying crypto on a trusted platform such as PayPal to be a more pleasant path to “ownership.” PayPal is a well-known brand in online payments, so their adoption of crypto could be seen as a vote for confidence.
When transferring Bitcoin via the blockchain, it can take up to 10 minutes for bitcoin to appear in the user’s wallet. How about the Bitcoin to PayPal transfer? Instant.
PayPal partners with many stores to further incentivize users. PayPal users can make eligible purchases with their crypto holdings by partnering up with interesting stores.
Many crypto enthusiasts in the community see this move as a scam to get people to give up their ownership. It is best to remind users of the old crypto saying: “Not your keys, but your coins.”
After the positive aspects of the article have been discussed, this article will present popular arguments why you shouldn’t use PayPal for Bitcoin and other cryptocurrency purchases.
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Best CRM software for 2023
Why You Shouldn’t Purchase Bitcoin with PayPalThere are many options available to purchase cryptocurrencies. You can use a centralized or decentralized exchange (CEX), or even a crypto wallet. However, ordinary consumers may experience higher risk aversion if they don’t fully understand the technology behind cryptocurrency.
With Crypto Exchanges, Users must go Through A Similar Approval Process
PayPal users must prove their identity in order to purchase cryptocurrencies through the platform. To be able to buy crypto, users must verify their identity by providing documents such as passports.
Not Cryptocurrencies, But Their Equivalent in Fiat Currency is Held by Users
PayPal is not the right place for crypto users to store their coins. Bitcoin and all other crypto coins are under the company’s custodianship. PayPal users cannot directly “own” their crypto. However, users can’t transfer crypto assets from PayPal to their own digital currency.
Experienced users will soon discover that it is not possible to send Bitcoin to PayPal or to swap currencies within the app. PayPal does not offer its users a digital wallet, or even a wallet address.
The absence of private keys indicates that PayPal account holders with cryptocurrency holdings on their platform are technically still holding fiat. Users can only cash out their crypto in fiat currency. This also means that Bitcoin cannot be transferred to PayPal.
Why would PayPal offer cryptocurrency? PayPal seems to be using this approach to get exposure to cryptocurrencies. PayPal accomplishes this by borrowing funds from its customers. They also gain publicity by encouraging crypto acceptance, while at the same time minimizing their risk.
Another problem is the limited capabilities PayPal users have with crypto. Users can’t transfer cryptocurrencies from their PayPal accounts to their wallets. They can also not swap between cryptocurrencies within the app. The technical reality is that PayPal users don’t hold any of these cryptocurrencies. However, PayPal does.
Users cannot Lend Their Crypto to OthersDecentralized finance uses smart contracts. These are self-executing algorithms that trigger when predefined conditions have been met. Smart contracts allow financial transactions to be completed without the involvement of third parties.
Devi’s ability to produce high yields is one of its main attractions. Interest rates can’t be controlled and are therefore free to market forces. For loans of certain coins, it is not unusual to hear double-digit yields.
Lenders can get significant returns from Bitcoin, which is why it’s often compared to banks. PayPal doesn’t give users the option to earn passive income from their crypto holdings. This is a major drawback for crypto investors looking to maximize their returns.
Also read:
Top 10 Programming Languages for Kids to learn
Crypto Exchanges may have Lower Fees for UsersIf a country allows users to deposit fiat directly into an exchange account, they are considered lucky. They can buy cryptocurrencies and keep their assets in their wallets thanks to regulations.
There is A Limited Selection
There are thousands of cryptocurrencies in existence. Many of these cryptocurrencies are small-cap or microcap coins. Learn More about Market Capitalization. Investors can make the most of microcaps because they offer huge upside potential. Microcaps, however, have the highest upside potential, but also come with higher risk.
PayPal offers only four popular cryptocurrencies. This is because of risk aversion. These coins are among the oldest cryptocurrencies, with Ethereum and Bitcoin leading the charge.
These coins are more established and have matured. These four coins are therefore less vulnerable to price fluctuations.
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Paypal 403 Forbidden Error: How To Fix It
PayPal 403 Forbidden Error: How to Fix it Find out solutions that actually work
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Often, error 403 forbidden PayPal is encountered during refunds and can be solved by clearing the browser’s caches and cookies.
The error is mainly caused by incorrect server configuration or maybe your current IP address is blocked by PayPal.
It can be resolved by contacting PayPal directly for assistance or running the software without a VPN.
If you have run into the dreaded error 403 forbidden PayPal while attempting to make a payment, this article is for you.
Paypal is one of the most popular payment methods on international e-commerce sites. Its popularity has led to a surge in its use across all industries.
While this is great news for sellers, it also means that the site could experience some issues occasionally.
If you use PayPal as your primary payment processor, you’ve likely come across error 403 at some point. The real problem occurs after this as you notice that suddenly PayPal is not working on your browser.
The issue can be frustrating, especially if it prevents you from completing routine transactions. This article should help you know the key to resolving error 403 quickly and efficiently.
What does error 403 mean on PayPal?When you see a PayPal error 403 forbidden guru meditation, it means that the web server has blocked you from accessing the page you were trying to view.
Three prompts usually appear when you get the 403 error:
You don’t have the authorization to view this page. HTTP ERROR 403.
The remote server returned an error (403) forbidden. PayPal.
Access to PayPal Denied. You don’t have permission to access chúng tôi on this server.
The causes of error 403 forbidden are listed below:
Your IP has blacklisted your PayPal: The error is related to your web server configuration. Your internet service provider is the culprit, specifically your IP address. It could be because your IP has blacklisted PayPal.
You don’t have permission to access PayPal: The server configuration of PayPal nowadays has changed a lot. You may face a situation where they have set up specific access permissions to their system, and you haven’t been granted access to the resource.
Problems with your IP: Your IP might not be working correctly, and you need to contact your internet service provider to fix it.
Quick Tip:
If you cannot make purchases using PayPal, the Opera One browser comes with a built-in proxy VPN that can be useful for online safe transactions. It changes the location of your server, allowing you to use PayPal while using the VPN and forget about the problems your ISP is causing due to server nags.
It may be a temporary issue from your ISP, however, Opera One VPN is a proven and effective solution if you are experiencing connectivity issues with PayPal.
Opera One
Connect to other regions to use PayPal service and make online transactions safely.
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How do you fix the error 403 Forbidden on PayPal? 1. Clear cookies and cachesWhen you get a varnish cache server error 403 PayPal, one possibility is that the page has been cached but swapped the link in the code. You can fix this by clearing your browser’s cookies and cache.
This won’t affect your browsing experience much, but the website might take a few more seconds to load. Overall this is one of the most effective workarounds that can help you easily fix the issue.
2. Double-check the URLThe most common reason for a Paypal error 43 forbidden is that people have mistyped the URL. Make sure you’re typing the URL correctly in the browser address bar and without any extra characters in the end, like a period or slash /.
Expert tip:
3. Disconnect the VPNIf you’re logged on to PayPal through a VPN and getting the error 403, we recommend that you check to see if there is a connection issue. If you suspect this is the case with you, disconnect the VPN and try accessing the page.
You can still get around this by using one of the many best VPN services for PayPal that don’t violate any rules. This is one of the best ways to get rid of the issue.
If you see the error 403 forbidden when trying to log in to your PayPal account, your internet service provider is likely to blame. Try connecting to a different router to figure out where the problem lies.
If the issue persists, it’s time to contact your ISP for further assistance.
In some cases, PayPal has been blacklisted by your public IP address provided to you by your internet service provider. If this is the case, communicate with your ISP and see if they can help fix the issue.
6. Try a different virtual cardYou can also resort to a different online payment service. If the issue persists even after trying out these methods, creating a new account on a different platform can save you a lot of headaches.
A reliable alternative is Revolut. It’s a virtual card company that offers great service for free. Once you create an account, it generates a unique virtual bank card that you can use for online transactions.
It has desktop and mobile applications that you can use to check your balance and manage your money. Revolut has some budgeting solutions, gives you reports on your spending, and is very secure.
The app supports easy transfers between Revolut users and other bank accounts. It supports over 30 world currencies, plus cryptocurrencies.
If you have NFC on your mobile device, you can also use Revolut for POS payments. They can also send you a physical card if you want.
⇒ Get Revolut
If the methods listed above don’t work for you, contacting PayPal Customer Care could be an option if you encounter 403 forbidden errors.
You can try contacting them through forums, their official website, or social media. If you have unanswered messages on Twitter, try DMing them.
While PayPal is a very secure payment gateway and the most widely used among merchants, it is not immune to certain technical errors caused by user errors, server glitches, or configuration issues.
In such cases, users may be unable to log in to their accounts or send money through the system.
Furthermore, You can go through our guide on the Steam PayPal purchase error for the most accurate resolutions.
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How To Buy Bitcoin(Btc) With Credit Card Or Debit Card Instantly
Cryptocurrency has now become a very popular investment option for many individuals as well as organizations. With the skyrocketing value of Bitcoin over the past few years, many people have now started directly trading and buying Bitcoin with credit cards or debit cards instead of mining Bitcoin.
However, buying Bitcoin (BTC) using a debit card, credit card or prepaid card can be difficult. But, the companies like Coinbase and Binance have made this process seamless and fast. Now, you can directly purchase Bitcoin with a credit card, debit card or prepaid card from your account at any international or domestic exchange.
How to Buy Bitcoin with Debit Card / Prepaid Card using BinanceThe protocol for Debit card transactions in Bitcoin purchases is mostly similar to credit card transactions. The only difference is that we can count a selection of debit card or prepaid card options instead of credit card selections.
Here are the steps for purchasing Bitcoin with debit cards:
Step 2) Open a Crypto Trading Account with Binance
Select the method as Email
Step 3) As an extra security step, Binance asks you for the puzzle verification
For that, you just need to drag and drop the puzzle shown on your screen
Step 4) Verify your Binance account by entering the verification code received on your email id
Step 5) Complete the registration process
Enter the billing details as a Credit/Debit Card option to proceed with your Bitcoin purchase
Here, we have used Euro to buy Bitcoin. You can see the corresponding Bitcoin amount you will receive.
Step 7) Complete the transaction using your Debit Card, and you will receive the Bitcoins in your Binance wallet.
How to Buy BTC with a Credit Card using Coinbase?In recent times, many banks don’t authorize credit cards to buy cryptocurrencies like Bitcoins, Ethereum, Ripple, etc. However, some credit card providers with sole businesses allow you to make a crypto purchase using a credit card.
If you want to buy or acquire Bitcoins (BTC) with a credit card, follow the steps below:
Step 1) Visit Coinbase Platform
Step 2) Create your Coinbase account
Create an account, verify the details, and log in to your account.
Step 3) Add a Payment Method
Next, you will be asked to add a payment method. Hit the “Add a Payment Method” button.
Step 4) Set the Payment option
In this step, you are required to add a Bank Account or a Credit/Debit Card.
Select the “Credit/Debit Card” method.
Step 5) Verify your identity
Here, we have selected a Driving License for ID verification purpose.
Step 6) Upload the Document
Next, you need to upload the document via Webcam, Mobile camera, or a File. Choose your preferred option and upload the document.
Step 7) Enter your Billing Address details
After the verification is done, enter your credit card information and hit the “Add Card” button.
Step 8) Go to Buy/Sell option again
Now, you can go to the “Buy/Sell” option and buy Bitcoins by selecting Bitcoin.
Step 9) Select the amount and make the purchase
Once you pay the amount, the equivalent Bitcoin will be sent to your Coinbase wallet.
Within a few minutes, your funds will be shown in your account.
Note: Credit card purchases of Bitcoin are charged an additional 3.99% processing fee. Moreover, to connect your card, you’ll need to verify your identity by uploading a government-issued ID proof.
Top Exchanges to Buy Bitcoin Instantly with Debit Card or Credit CardPaybis is an online multi-cryptocurrency exchange platform that supports the buying and selling of cryptocurrencies. It offers numorous payment methods to trade Bitcoin and other altcoins.
Features:
It keeps your data secure using security standards.
Paybis offers a fast and easy registration process.
Fast transactions and transparent fee structure
It allows you to buy crypto from any place.
Key Specs:
Deposit Method: Bank transfer, Credit/debit cards, Payeer, and Skrill.
Transaction Fees: Charges a 2.49% for all credit/debit card transactions.
KYC and Verification Process: Need to provide full name, address, government-approved ID card for verification.
Security: Good
Customer Service: Chat and Email, and Social Media accounts.
Countries Supported: Albania, Bahamas, Barbados, Ghana, Iceland, Iran, Jamaica, North Korea, Mauritius, Mongolia, Myanmar, Panama, Sudan, etc.
Coinbase is a Bitcoin exchange platform that enables you to purchase, sell, transfer, and store digital currency. It has low fees compared to other exchanges. This platform also helps you to buy crypto using your credit/ debit card.
Features:
Coinbase offers the fastest way to buy Bitcoin instantly with a credit card and helps you to keep track of them in one place.
It allows you to securely store a wide range of digital assets in offline storage.
It provides a safe way to buy Bitcoin online and schedule your crypto trading at any time of the day
This crypto exchange stores your funds in a vault for safety purposes.
Supported platforms: Web, Android, and iOS devices.
Key Specs:
Deposit Method: Bank Transfer (ACH), Credit and Debit card, and Wire Transfer.
Transaction Fees: Charges a 2% convenience fee on all credit card transactions.
KYC and Verification Process: Need a government-approved identity document for verification.
Security: Good
Customer Service: Chat and Email.
Countries Supported: Bahamas, Bermuda, Canada, Mexico, Panama, Trinidad and Tobago, United States, etc.
Binance is one of the best cryptocurrency exchanges, which allows you to buy BTC with a credit card or debit card. This Bitcoin exchange helps you to buy Bitcoin online. It also provides an API to integrate your current trading application.
Features:
This crypto exchange offers a wide range of tools for buying and trading Bitcoin online.
It is one of the best Bitcoin crypto buying exchanges that provides 24/7 support.
Supported Platforms: Web, Android, and iOS.
Key Specs:
Deposit Method: Bank account transfer (ACH), PayID, Credit card, Debit card, and Cryptocurrencies.
Transaction Fees: Debit/ Credit card transactions may add an extra 3% fee. Moreover, 0.02% maker fee and 0.04% taker fee.
KYC and Verification Process: Identity document verification.
Security: Good
Customer Service: Chat and Email.
Countries Supported: Austria, Belgium, Bulgaria, Denmark, Finland, France, Germany, United Kingdom, Netherland, Romania, etc.
PrimeXBT is a cryptocurrency exchange to purchase Bitcoin with a credit card or debit card. It allows users to buy and trade multiple cryptocurrencies from a single account. You get easy access to many cryptocurrencies, stock indices, commodities, and forex on this platform.
Features:
Helps you to improve your trading results by using 100x leverage.
It allows you to buy cryptocurrency like BTC with a credit card.
This crypto exchange allows traders to set up and manage a strategy.
You can automatically copy the trading activities of experts to get the same returns.
It helps you respond quickly according to changing market trends to profit from both rising and falling prices.
Key Specs:
Deposit Method: Credit and Debit Card, Bank Transfers, MoneyGram, Western Union, and cash deposits.
Transaction Fees: 0.001% to 0.05%.
KYC and Verification Process: No verification is needed or KYC Requirement.
Limits: You can make a maximum purchase of 10 BTC.
Security: Cold storage of digital assets with multi-signature technology.
Customer Service: You can reach out to Chat/Email customer support 24/7.
Countries Supported: Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Denmark, United Arab Emirates, etc.
Cex.io is a cryptocurrency exchange that helps you to buy and sell Bitcoins. It is one of the best crypto exchange platforms that follows scalping and frequency trading strategies to secure assets and user data.
Features:
It offers protection against DDoS(Distributed Denial-of-Service) attacks using full data encryption.
It allows you to trade more than 10x leverage without creating an extra account.
This application provides downloadable reports showing the real-time balance and transaction history of buying and selling your cryptocurrencies.
Supported Platforms: Mobile devices and Web.
Key Specs:
Deposit Method: Credit Card, Debit Card, Bank transfer, and Skrill.
Transaction Fees: 0-0.16% maker fees and 0.10-0.25% taker fees. You can deposit $100/day with no ID verification.
KYC and Verification Process: No verification is needed.
Limits: Daily limit of deposit up to $3,000.00, and withdrawal limit up to $10,000.00.
Security: Average
Customer Service: Email and Chat support.
Countries Supported: Austria, Bulgaria, Denmark, Finland, Germany, Poland, Spain, Sweden, etc.
What are the Pros/ Cons of Buying Cryptocurrency using a Credit Card?Pros of Credit Card Purchases
Here are some important pros of buying cryptocurrency with a credit card:
It is a simple and the fastest way to buy Bitcoin online.
It allows you to buy cryptocurrency, even if you don’t have cash.
You can buy cryptocurrency using fiat currency.
Reduced or waived foreign conversion fees.
Multi-currency allows diversified investment options.
Some credit card transactions waive off ATM withdrawal fees.
Some credit cards offer significant cash back rewards in crypto.
You don’t need to go through other third-party sites.
You also get rewards and benefits that come with spending money using your credit card.
Risks involved in Bitcoin Credit Card Purchases
Here are some cons/ drawbacks of Bitcoin purchase using a credit card:
Foreign transaction fees: Specific foreign transaction fees can be applied whenever you buy crypto with your credit card. Moreover, foreign transaction fees are also applied if the vendor is from a different country and the credit card used at that time.
High risk for fraud: There is a high chance of fraud if a vendor isn’t properly examined and the cardholder gives their personal/ confidential information like name, credit card number, CVV details, etc.
High investment risk: Investing in crypto may lead to serious debt. Cardholders are charged fees and interest that they may not get back. This certainly increases credit utilization rate or loss of their investment value because of the volatile crypto market.
FAQ:Currently, No. As most Bitcoins ATMs only accept cash. However, you can use your credit card to get cash at a normal ATM and then use the cash to purchase Bitcoin at the Bitcoin ATM.
You can buy Bitcoin with almost all credit cards like Visa, Master Card, American Express, Rupay, etc.
The fee of purchasing Bitcoin with a credit card depends on the payment method and the crypto exchange you are buying from. For example, an ATM or exchange may charge either a fixed amount or a percentage of the purchase amount.
Also Check: Cheapest way to buy Bitcoin
Yes, you earn Bitcoin rewards, but chances are very less, as only a few credit card providers offer a reward for purchasing Bitcoin using a credit card.
» Check here our list of the Best Crypto Debit/Credit Card
Yes, The process of buying Bitcoin with a prepaid card is similar to buying crypto with a debit or credit card. The only difference is that we can count a selection of prepaid card options instead of credit card selections.
Also Check: Best Crypto (Bitcoin) Friendly Banks in US, Canada, Europe
It completely depends on how much you trust the exchanges. Like any other information you share online, there is always the risk that it can be either stolen or hacked from the website you have given.
Moreover, Bitcoin exchanges are prone to security flaws because they are constantly under attack. Therefore, there is always a risk of anything related to information online. To mitigate these risks, you can explore options to buy Bitcoin without verification or ID.
Top Exchanges to Buy Bitcoin Instantly with Debit Card or Credit Card5+ Easy Ways To Fix Xbox Purchase Error 807B01F7
5+ easy ways to fix Xbox purchase error 807b01f7
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Error 807b01f7 won’t let you close the deal? Many users reported this error code prevents them from making a purchase on Xbox Live.
If this has also happened to you, make sure to go through the easy fixes listed below to get those online payments working again in no time.
Purchasing games might not be on your mind at all. If other errors are stoping you from enjoying quality time on your console, explore our Xbox error codes page and get all those pesky issues associated with your Xbox fixed.
Whenever you are ready, take it up a notch and dive into our extended Xbox troubleshooting hub to learn everything there is to know on the topic.
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Xbox Live allows you to purchase all sorts of content such as games and DLCs, but sometimes certain errors can occur while making online payments.
Users reported error 807b01f7, and according to them, this error occurs whenever they try to make a purchase on Xbox Live. This can be a big problem, but there are a few solutions that you can try.
How can I fix Xbox error 807b01f7? 1. Check the status of Xbox Live servicesXbox Live relies on certain services in order to work properly, and if one of those services is down, you might experience error 807b01f7 while making an online purchase.
You can check the status of Xbox Live services simply by visiting the Xbox website, but if any of the services are down, you can only wait until Microsoft fixes the issue.
2. Test your Internet connectionAccording to users, you might be able to fix this issue simply by testing your network connection. This is a simple procedure, and you can perform it on Xbox One by following these steps:
Open Settings on your Xbox One.
Select Network.
Network Settings screen will now open. In the Troubleshooting section select Test network connection.
After the scan is completed, select Test multiplayer connection.
To test your connection on Xbox 360, do the following:
If there’s any problem with your network connection, you have to resolve it before you can make purchases on Xbox Live.
3. Remove your Xbox profile and download it againThis error can sometimes appear if your Xbox profile is corrupted, and one of the best ways to fix it is to remove your profile and download it again. To do that on Xbox One, you need to follow these steps:
Now you need to add your account again by following these steps:
Scroll left on the Home screen to open the Guide.
Move all the way down on the Sign in tab and choose Add & manage.
Select Add new.
Enter your Microsoft account login information.
Read the Microsoft Service Agreement and Privacy Statement and choose I Accept option.
Follow the instructions on the screen to configure Sign-In & Security preferences.
Expert tip:
Go to Settings and select System.
Select Storage.
If you have an external storage device connected to your Xbox, such as a USB flash drive or a portable hard drive, select All Devices. If you don’t have any external devices, select Hard Drive option.
Select Profiles and choose the profile that you want to delete.
Select Delete option.
Now choose Delete Profile Only. This option will delete your profile but it will keep your saved games and achievements intact.
After deleting the profile, you need to add it again by following these steps:
Press the Guide button on the controller.
Select Download Profile option. If this option isn’t available, you need to check if you are signed in to any Xbox profile. If you are, press X to sign out and then select Download Profile option.
Select the Download Profile button on the Download Profile screen.
Enter your login information.
Now select the storage location and wait until your profile is downloaded.
After removing and downloading your profile again, the issue should be resolved.
4. Clear the system cacheXbox error 807b01f7 can appear due to a corrupted cache, and if you want to fix this error you need to clear your cache. This is a simple process and in order to do it on Xbox One you need to follow these steps:
Press and hold the power button on your console until it turns off.
Unplug the power cable from your console.
Now press the power button few times to completely drain the battery.
Connect the power cable to the console.
Wait until the light on power brick changes from white to orange.
Press the power button on your console to turn it on again.
To clear the cache on Xbox 360, you need to do the following:
After clearing the cache, check if the problem is resolved. Some users are suggesting clearing your cache after you delete your Xbox profile, so you might want to try that. To see how to delete and download your Xbox profile, be sure to check our previous solution.
5. Keep trying to make a purchaseAccording to users, you might be able to circumvent this error by trying to make the purchase again. Users reported that they were able to make their purchase after trying a few times. If that doesn’t work, you might want to wait for an hour or two and try again.
6. Start a game and log in to your Xbox Live accountSome users claim that they fixed this error simply by starting their game and logging in to Xbox Live from the game itself. This is a simple solution, therefore be sure to try it.
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Paypal Review: A Safe But Costly Mobile Payment App
PayPal’s mobile app makes for one of the more secure ways to send and receive cash from friends or even strangers, but you’re on your own when it comes to splitting the bill, and debit card transactions will cost you.
PayPal, the pioneer of online payments, clearly wants in when it comes to the hip new world of peer-to-peer money transfers—after all, it did acquire Venmo back in 2013. But if you’re not so sure about sharing your personal transactions in Venmo’s social feed, you can still transfer money to friends and family using PayPal’s mobile app.
PayPal may be the biggest app, but there are unique talents among the competition. Check out the other mobile payment apps we reviewed.
SetupGetting started with the PayPal app is a tad more involved compared to the processes for other apps we’ve tested. Besides your name (including your legal first name), email address and phone number, you’ll also need to enter a street address. In all, there are nine blanks you’ll need to complete before you can sign up.
Once that’s done, you can link a debit card, credit card, or a bank account to the PayPal app. Thankfully, the app will let you snap a photo of your plastic to make it easier to enter your card numbers and expiration dates.
Sending and receiving moneyFront and center on the main PayPal app interface are two big buttons: one for Send Money, another for Request Money. Tap a button, pick a friends (just one), enter the amount, specify a funding source (one of your debit cards, credit cards or bank accounts), add a note to your payment or request, then tap Send Now.
Ben Patterson / IDG
Just tap Send Money or Request Money to exchange cash with friends using the l;=PayPal app.
There’s no way to split a bill using the PayPal app, short of sending separate requests to your friends. The good news, though, is that your friends don’t need a PayPal account to pay you, thanks to PayPal’s “pay as guest” feature.
Fees and limitsI created a test PayPal account with my address but no bank cards or accounts, and according to my PayPal profile, I was free to send as much money as I wanted, in stark contrast to other services which cap payments anywhere between $2,500 to $10,000 a week. A PayPal support page notes that individual transactions are limited to $10,000, but the PayPal app seemed perfectly willing to let me send myself $10,001 in a single shot. (I backed out before tapping the “Send now” button.) It’s worth noting, though, that withdrawals on my account were capped at $1,000 a month, even after I’d linked a debit card and a bank account.
Nifty extrasSimilar to Square Cash and it’s “$Cashtag” web pages, PayPal offers public “PayPal.me” pages that let people pay you on the web, no PayPal account needed; all you have to do is share the URL of your chúng tôi page to get paid.
SecurityPayPal demands your password each time you launch its mobile app, an annoying but ultimately prudent feature. You can also use touch ID to unlock the app or create a PIN.
Ben Patterson / IDG
Unlike most of its P2P-payment competitors, the PayPal mobile app boasts a safer way to pay strangers for goods and services, as long as you pick the right payment option.
As opposed to the other money-sending apps in this roundup, you can safely use the PayPal app to buy goods and services. Just be sure to select Goods and Services when you’re composing your money request. Once that’s done, your purchase will be covered by PayPal’s buyer protection policy, which offers refunds for defective, missing or fraudulent goods.
It’s the feesPayPal’s mobile app makes for one of the more secure ways to send and receive cash from friends or even strangers. But you’re on your own when it comes to splitting the bill, and debit card transactions will cost you.
Bitcoin Has These Traders’ Expectations To Live Up To In October
Just as the month flipped from ‘Shocktember’ to ‘Uptober,’ the crypto-market sent out a strong-trend signal. Red got scrubbed off from most charts, the state of on-chain metrics started improving, and the broader market saw momentum re-enter.
1 October was quite an eventful day, with Bitcoin’s price inclining from $43.28k to $48.49k. This mighty jump managed to wipe away fear from the minds of market participants. In fact, the F&G index was projecting a neutral reading of 54, at the time of writing.
Over the past few weeks, however, such uptrend phases have not lasted for long. The recent out-of-the-blue crashes had all largely been instigated by derivative market eventualities. The excess leverage used by traders resulted in mass liquidations.
So, what now?Well, looks like there’s not much to worry about this time. The Open Interest and spot volumes have been fairly balanced of late. In fact, the latter’s ratio was more than the former, at the time of writing, indicating the presence of moderate leverage in the market.
Now, even if Bitcoin’s price ends up correcting for a day or two before inching ahead, the state of the market wouldn’t become as haphazard as it became in mid-August or the second week of September.
Conversely, even if the price pumps, the environment will be even more favorable at this stage to sustain the same.
Further, the skew levels too did provide a fair amount of respite. The 25-delta is the most common measure of skew. The chart attached below highlights the 1W, 1M, 3M, and 6M skew over the past month. The y-axis essentially measures the difference in the IV between the 25-day call and the 25-day put of the same expiry.
A market in negative skew usually prices in pessimism. More often than not in such situations, coin HODLers buy puts to hedge the downrisk. However, positively skewed markets underline the optimistic sentiment, and in such environments, natural longs refrain from selling their calls.
Even with the recent dip, it should be noted that both the near-term skews – the 1W and 1M ones – are in positive territory, implying the presence of fairly bullish sentiment among the traders. At this stage, it should be noted that an excessively positive environment doesn’t do too good either.
Thus, it can be said that the Options traders are becoming less worried at this stage.
Additionally, Bitcoin’s implied volatility v. realized volatility spread projected an interesting trend, at the time of writing. The IV represents the fair value of volatility based on the market’s expectation, while the RV is the actual volatility present in the market at a given point in time.
As depicted in the chart attached, the IV has completely overshadowed the RV over the last few weeks.
The same suggests that the expected volatility for Bitcoin is currently higher than what the market is experiencing at the moment. Such scenarios have been observed quite a few times over the past year. During the initial legs of a rally, the IV has, more often than not, superseded the RV.
Further, whenever the price rise trend became concrete on the charts, the actual volatility has ended up overtaking the implied. The aforementioned scenarios notably unfolded during the February warm-up rally and the July-August higher-highs phase.
Thus, the environment is currently favorable for the initial leg of Bitcoin’s rally to set in. Also, the moderately-leveraged market is another green flag by itself. Keeping the current projections in mind, it can be concluded that Bitcoin is on track to bridge the gap to its pre-set ATH.
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