HiRiBi – Bitcoin Cryptocurrency BTC Paypal Exchange Rate Service?

HiRiBi, found online at HiRiBi.com, is a bitcoin exchange that promises to offer the best rates. Find out how it works today in our HiRiBi review.

What Is HiRiBi?

HiRiBi is a London-based business that promises to let you “exchange your bitcoins with best rates on the market.”

The company claims to scan through a list of the top 20 exchanges on the market to find the best rate. If you’re buying bitcoin, you get the lowest rate, and if you’re selling bitcoin, you get the highest rate. In general, HiRiBi’s rates seem to be the best we can find on the market by a significant margin.

Along with bitcoin, HiRiBi supports Ethereum, DASH, ETC, LTC, and DOGE.

The company appears to be legitimate, and they’ve been active online since the beginning of 2017. They have a page on Trustpilot with good reviews. However, there are plenty of red flags – like spelling errors and awkward grammar on the official website. The company also offers a generous affiliate program, which could lead to a proliferation of fake reviews across the internet.

One of the advantages of HiRiBi is that you can buy cryptocurrencies with PayPal – something that isn’t supported in PayPal’s terms of service, and something PayPal has historically blocked.

Let’s take a closer look at how HiRiBi works to see if it’s legitimate or not.

How Does HiRiBi Work?

Step 1) Visit HiRiBi.com and check the exchange rate.

Step 2) Enter the amount of cryptocurrency or fiat currency that you wish to purchase.

Step 3) Enter your PayPal address. Click pay, and pay the amount from your PayPal account on the next screen.

Step 4) The PayPal payment will be made after 3 bitcoin network confirmations have completed.

Basically, you pay HiRiBi through your PayPal account, then receive cryptocurrency. You can also pay HiRiBi with cryptocurrency, then receive money through PayPal.

As mentioned above, PayPal has made no efforts to support cryptocurrencies (which is understandable, considering cryptocurrencies are a major threat to PayPal’s business). Typically, it’s virtually impossible to buy or sell cryptocurrency with PayPal – unless you use a third party provider like HiRiBi.

You can also get an extra 10% discount on your HiRiBi transaction by topping up your advertising account on supported ad networks. You can buy any item or top up your ad account and get a 10% discount or 10% bonus. Bing is supported, along with dozens of smaller advertising networks. Google AdWords, however, is not one of the supported ad networks.

In terms of payments, HiRiBi accepts payments via Bitcoin, WebMoney, SOFORT, CASH, and Perfect Money.

HiRiBi Referrals And Affiliate Program

HiRiBi offers a generous affiliate program where you can share your referral link and earn 5% from each exchange request for life.

This doesn’t appear to be a multi-level affiliate scheme: it seems to be just a straightforward affiliate promotion where you get rewarded for referring new people to the platform. However, HiRiBi does encourage users to post their affiliate links on advertising networks, and to post positive reviews of their service across the internet along with screenshots of their successful transactions – so they’re clearly heavily encouraging the affiliate angle.

About HiRiBi

HiRiBi Exchange Limited is a UK-registered company. The company lists an address at the Penhurst House in London, England. You can contact the company by phone at +44 2082 438 546 or by email at [email protected]

We searched for the company’s business number online and it’s true: they appear to be a legitimate UK-registered company. You can view their registration information here. The company was incorporated in February 2017. The only listed member of the company is Claire Giesler, listed as the Director.

Conclusion: Is HiRiBi a Scam?

HiRiBi doesn’t appear to be a scam – despite a number of Reddit posts and forum threads asking that very same question. The company appears to have successfully cleared a number of transactions through PayPal and other conventional payment methods.

However, there are certainly some red flags about the company. It’s unclear how the company offers a bitcoin rate that’s significantly better than any competitor on the market, for example. It’s also unclear how many of the company’s online reviews are legitimate – and how many are just taking advantage of the HiRiBi affiliate program.

Ultimately, PayPal has a history of shutting down bitcoin transactions, which means you should be cautious when dealing with any service like this. You may want to wait for more information to come out online about HiRiBi. For now, proceed at your own risk.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Deregulating Bitcoin May Increase Speculative Trading Instead of Technical Innovation: Japan’s New Top Financial Regulator

Ryozo Himino, the new top financial regulator of Japan, wants the country to take caution over promoting digital assets, arguing that instead of promoting...

Goldman Sachs New Digital Asset Manager Reveals Plans to Bring A ‘Digital Token' to the Bank

U.S. financial giant Goldman Sachs is pushing forward its plans to launch a digital asset with the appointment of its new digital asset...

Grayscale Ethereum Trust Files with SEC to Halve the ETHE Locking Period Same as GBTC

Grayscale Investments has publicly filed a registration statement on Form 10 with the US Securities and Exchange Commission (SEC) on behalf of its Ethereum...

Florida Teenager Behind the Infamous Crypto Twitter Hack Pleads Not Guilty to 30 Counts of Fraud

Graham Ivan Clark, the 17-year old Florida teenager accused of being the main culprit of the most significant privacy breach in Twitter’s history, has...

Bitmain’s Management Feud Is Finally Affecting Business Operations; AntMiners Shipments Delayed

Bitmain’s top-level struggles cause a three-month delay in Antminer hardware. Two mutually exclusive solutions offered to customers. The constant wrangling within the largest Bitcoin...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today