WeSellCrypto.com down?

in #bitcoin7 years ago

One of the best sites I found to buy crypto quick with PayPal is wesellcrypto.com. Although the fees are high it's quick and easy with little to no identification verification checks on small purchases.

Unfortunately, over the last couple of days the site has displayed the message: "Purchasing disabled. Unfortunately we are currently having some funding issues, any orders that have been placed will get processed. Site will be back up when funds arrive"

wesellcrypto.jpg

My guess is they probably ran into problems with their bank. It's a problem most cypto start-ups run into any time fiat is being converted into crypto or vise versa. I hope they can get back up and running soon. If you know any similar services for quick PayPal to crypto conversion could you please mention them in the comments. Thanks

-dp1011

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Heyo, IMO the best place to buy BTC or ETH with a credit card is through Lykke Exchange. You just have to get verified but it only takes about 3 days right now. After that it is instant. No premium. Fee-free trading (for real). I'll write a post about Lykke...not enough people know about it yet.

Thanks, I'll check them out

No problem. I talk so much about Lykke I really have to get the post up. Long story short - Lykke will be around for many, many years to come. If crypto goes bust, Lykke will still be around because their exchange runs on crypto but does not depend on crypto one bit for revenue. Their exchange is fee-free because their business model dictates revenue streams are through the Forex side of things. They are in my mind the smartest, most honest and most credible guys doing anything crypto right now and they have all the right intentions.

True story - a friend of mine ended up owing them a TON of money on margin with OANDA and they just said "you're account is at $0, no need to pay us".

I'm always hesitant about jumping into a new crypto site. There are a lot of scammers out there and I'd prefer to stick to the sites that have been around for a while, even if they're a bit slow sometimes.

Good points in this blog. Same thoughts here. Investing in the cryptospace might come with a high risk but honestly I don't believe the risk is that high for the people who are daring to HOLD their coins for long. I found this great website: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Check: https://www.coincheckup.com/coins/lykke#analysis To see the: lykke Detailed analysis.