Should Seocheckout accept cryptocurrencies for withdrawing?

SEObonds Level 1

December 20, 2017, 1:24 pm

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Should Seocheckout accept cryptocurrencies for withdrawing?

hello,

i know Seocheckout don't accept btc but i found announcement in 2015 that it was accept it for withdrawal not btc only but Litecoin (LTC) and Dogecoin (XDG).
https://www.seocheckout.com/faq/10336/Litecoin-LTC-and-Dogecoin-XDG-now-accepted

I am facing a big problems with withdrawing my money from seocheckout

- paypal not fully support in my country to withdraw on it
- payoneer should my balance reach to 20$ and high fees and slow for withdrawing money from payoneer
- Payza 24-48 hours and temporarily disabled
- Bank ACH/Wire i have not bank account and it is hard to open one while i am college student in my country

so i hope Seocheckout accept BTC, LTC, XDG or make SEOcelrks credit card as this suggestion
( https://www.seocheckout.com/faq/22864/Feature-suggestion-seocheckout-MasterCard)

regards,
dyaakhaled1

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Cristian

Cristian

As far as I know, Seocheckout accepted bitcoin payments as well as payments using other cryptocurrencies, if the staff decided to drop this payment option maybe it was done under good reasoning.
But as I said, they never offered bitcoin withdrawals as far as I know, because I would have done it just to get my hands on some bitcoin.

7 years ago

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vinaya

vinaya

So you can load payment on Seocheckout through bitcoins, but does not allow to withdraw from bitcoins. If this withdrawal method is not available, I hope the admin thinks seriously about this option. Paypal is also not fully functional in my home country. payza and payoneer have high transaction fees and withdrawal commission. If there was bitcoin withdrawal, I could have direclty withdrawn on my mobile wallet.

7 years ago

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Adesuwa08

Adesuwa08

I never knew about this, if not you said this I won't know that SEO accepts btc, maybe next time when I get btc I will try it out heee, but what is the point of collecting btc if you cant withdraw.

7 years ago

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socialshare

socialshare

i hope admin open this payment method or perfect money

7 years ago

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Barida

Barida

I hope they are reading and will get to do something on it soon. You know that the way some of these cryptocurrencies currencies fluctuates can also be a factor when one is thinking of using that payment option.

7 years ago

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overcast

overcast

I hope that in new year Ionicware opens more channels for the cryptocurrency. And then accept something like say Litecoin, Dash and other low cost currency in which you can invest. So that's something you have to be thinking about as well. BTC seems to be good investment but paying based on fees would be a bit harder though. Plus rates change every single day. So that is another issues in payouts.

7 years ago

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Barida

Barida

I don't think it is going to be that easy for the admins to do so considering that some of these cryptocurrencies aside from bitcoin, have been inconsistent. So, let them start with bitcoin at the moment.

7 years ago

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overcast

overcast

That is true. I think Ripple seems to be the only that is going consistent. And rest of the others seems to be high or very low in that context. And we have to be really considering the right set of the amount for things to get fixed. That's what I have seen most of the time.

7 years ago

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ballyhara

ballyhara

You have a point here. Usually digital/virtual money like Paypal, Payza, Payoneer, tend to have a more stable market than BTC. However, they change their fees and rates policies somehow often, and they get higher depending on IP address exchanges. Not very sure of BTC fees, but if they are less than the ones on PayPal, count me in to ask for a BTC withdrawal. It's very annoying to be calculating all those fees, every time you want to make a transaction.

7 years ago

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augusta

augusta

I believe Cryptocurrencies has come a long way where people or users online should start embracing it.I believe these currencies have come to stay and there should be accepted everywhere.If BTC should be accepted here then they should make provision for withdrawal as well, it will be of great help to site users that other payment processor doesn't favor.

7 years ago

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Everett

Everett

If I remember correctly, there is bitcoin ATMs, so with this being said it HAS come a long way! I think it's great that an idea can shape the entire world, or well this matrix of a world we call the internet.

7 years ago

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Barida

Barida

I've heard of the ATM for that and I'm curious to know how that works. Does it mean I can be able to withdraw from that or what?

7 years ago

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Everett

Everett

You can read up on Bitcoin ATMs here:
https://en.wikipedia.org/wiki/Bitcoin_ATM

7 years ago

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Tronia

Tronia

As far as I know, you can't use it as withdraw method. But with that being said, I think that considering how extremely popular the cryptocurrencies are becoming I am sure that Seocheckout will consider adding it if necessary.

This thread is good so they know that the members are interested in withdrawing their money as a cryptocurrency. A great suggestion

7 years ago

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vinaya

vinaya

I think bitcoin withdrawal should be implemented in Seocheckout. Bitcoin is immensely popular. If I have the ability to withdraw from bitcoins, I can also make extra by holding my bitcoins for some time. You can easily convert bitcoins, you can even fund your virtual card with bitcoin.
I am not interested in other currencies as you need to exchange to convert to cash.

7 years ago

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Everett

Everett

- Bank ACH/Wire i have not bank account and it is hard to open one while i am college student in my country

Why is it hard to open a bank account if you are a college student in your country (which i believe is Egypt)? Never heard of anything like this, is this how egypt operates? No idea.

As for the cryptocurrency withdrawal option, i believe this would actually be a great step forward. Because of the popularity of bitcoin, a lot of people would definitely be interested in withdrawaling through bitcoin. At the rate that bitcoin value is increasing (15875.09 US Dollar at the time of this post) people would love to jump on the bandwagon and get bitcoins!

So I am totally all for withdrawaling through Bitcoin. Not exactly sure how this would be implemented however I would love a system that is automatic (like most of our withdrawal methods), no or low fees (not sure if there would be a fee on withdrawals through bitcoin using a third-party but mostly there is, however rather low), and an option to withdraw unlimited times.

I would probably use bitcoin more than paypal if this was implemented because bitcoin seems like a good investment at this time!

7 years ago

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overcast

overcast

I think the issue is that many countries don't allow the account opening for people. And they require a lot of process. I have seen that in middle east. My some of the friends are happy with the crypto there over banking. They seem to find it way more easy and accessible over bank.

7 years ago

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Judas2018

Judas2018

I don't ever plan on buying anything here with bitcoin. But I think expanding withdrawal options is always good for an online business. With so many ways to withdraw funds - you're sure to get many more visitors signing up and becoming a part of the community.

7 years ago

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Barida

Barida

I believe that expanding the payment options will be good so that those interested will have to go with that.

7 years ago

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kgord

kgord

It is good that Bitcoin is an option. Multiple payment and withdrawal options are always good for business I think, It can be a bit confusing sometimes though I think.

7 years ago

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Judas2018

Judas2018

Not as long as the list of available payment and withdrawal currencies are listed properly. So users can't get confused or bewildered while trying to conduct business. You can also split it into two different pages. The top payment or withdrawal options on one page - and a link to 'more options' for the second page. Which is where people would find bitcoin, and other options.

7 years ago

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Adesuwa08

Adesuwa08

You are right in a way, but the payment methods here is not favourable to all, I don't have access to all the payment methods here, all I did was use someone who is into such exchanges. Then be transfered it into my account, but because so many people get scammed by the exchangers they find it difficult to do any such transactions.

7 years ago

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Adesuwa08

Adesuwa08

Do you think btc should be among the method of payment? I don't think so, you guys should bear in mind that is not every country that use btc too. I don't have PayPal here in my country, you can't withdraw money from your PayPal but you can deposit. I feel the whole of all thede freelancing job needs to come to a consensus of payment, and the method of issuing our monetary terms with us, because so many people have stopped and lost money because of this same reasons.

7 years ago

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Judas2018

Judas2018

I think as a freelancer, you should decide wisely about what currency your take. If you have any questions or worries about being paid in a certain type of currency then don't take the job. There's no harm in turning down someone's bitcoin offer in exchange for a credit card, or debit card, or paypal payment.

7 years ago

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mildredtabitha

mildredtabitha

I accept that Seocheckout should support withdrawing in Cryptocurrencies especially since there are few countries that do not accept PayPal. You should also know how to use the bit coin and benefit from it. Cryptocurrencies are widely used nowadays.

7 years ago

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keen2write

keen2write

I do prefer Paypal as a payment methods for withdrawing and depositing. Even tho it is a good idea what you have suggested and hope the staff do this for you. I would like to say perfect money to be added, as I also use this service online. My first method I always use is PayPal, then I use Payza and then I finally use Perfect Money!

7 years ago

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Judas2018

Judas2018

Cryptocurrency is just 'an underground thing' for now. If people want it to burst onto the national scene where legit stores, restaurants, etc. accept it - something big is going to have to happen. It does seem to be trending in the right direction though, but it's going to be a slow process. People are still skittish about accepting anything other than credit cards, debit cards or cash.

7 years ago

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jaymish2

jaymish2

It would be amazing if they used bitcoins. I think as time goes by depending on the acceptability of bitcoins they may consider adopting this method. But how will you convert your bitcoins to money without a bank account and an online wallet. I agree that you should be able to open a bank account. Even children can open bank accounts with their parents as signatories. I think for a college student you just have to show your student identification card.

6 years ago

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Corzhens

Corzhens

Pardon me for this comment if you are an enthusiast of crypto currency. Right now crypto currency is not an established currency but just a commodity with a market value. It is still the best to use Paypal or any other reputable payment processing center instead of trying out crypto currency unless there is a dominant number of crypto currency user in this site.

6 years ago

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