STEEM WALLET: Does anyone know when this is most likely to happen? Transferring STEEM to/from a PayPal Account.

in #steemit7 years ago (edited)

STEEM Wallet to/from a PayPal Account?



As most of you may know I have recently started to put together a Team to roll out the Marketing & Promotion of STEEMIT in the U.K and have kicked started it by handing out flyers in around Manchester City Centre, part of the #promo-uk Initiative.

Over the next week this will extend to Warwick City and Nottingham City thanks to the help of Steve @TecAV and Karl @McKenzie259.

The reaction we have had over the last few weeks has been simply overwhelming with a great deal of support for the Platform.

While we are out on the streets talking to people we are asked hundreds of questions and most we can answer.

There is however one question that keeps cropping up and understandably.

The question simply revolves around how easy is it to deposit and withdraw STEEM from your STEEM WALLET to your Bank Account and whether PayPal is to be used in the future to exchange in/out of your local currency.

Over the last few weeks I myself have spoken to well over +300 people, mainly students, and for sure this is the most popular question that I have been asked.

Rather than take a guess I would much rather ask the Community, so the question is simply ......."Does anyone know when we will most likely be able to transfer STEEM to and from a PayPal Account?"


Looking forward to any help or answers on this, so the next time we are asked the question on the street we can give a solid answer.


Tanks again for reading.

Stephen

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I hope Paypal is toast before this can happen!

Good question though, do we wait until everyone accepts crypto or do we need an avid market where people can jump in and out?!

Localbitcoins for Steem would be a really good start...

Very good information but I will not transfer, I will do Power UP.

Cheers mate

Answer back to the students...

That would be a Great Idea if you or somebody you know would solve this problem and possibly be REWARDED handsomely!!!

Are you game?

(sends question right back at the student)

This would be the best and easy way for most if this option was available yoted!

It's doable right now if you use a Coinbase account.

Steem -> Ethereum (via Shapeshift, for example), then Ethereum -> PayPal USD.

Thanks for this. I am talking straight in/out STEEM <---> PayPal. Stephen

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