Coinizy launches the world’s first Bitcoin to PayPal exchange option

FinTech | December 1, 2015 By:

Coinizy announced the launch of the world’s first Bitcoin to PayPal exchange option to simplify Bitcoin to fiat exchanges and withdrawals.

“Up until now, 99% of the Bitcoin exchanges only offered the good old wire transfer, when one wanted to withdraw the funds he obtained by converting some bitcoin. This excludes de facto the 2.5bn unbanked people, as well as most of the teenagers, which is very unfortunate since this part of the population could represent the next potential wave of Bitcoin adopters,” said Coinizy founder and CEO Yannick Losbar.

Coinizy new option promises to deliver money to users PayPal e-wallet in 24 hours.

Coinizy is a Vancouver-based financial services platform.