Can PayPal be shilling crypto on the internet?

Lycytocy
1 min readMay 18, 2024

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You can also contact them through their (+𝟏 321–252–7633 ) As a reputable and regulated financial services company, PayPal is unlikely to engage in activities such as “shilling” cryptocurrencies on the internet. “Shilling” refers to the practice of promoting or endorsing a particular cryptocurrency or investment opportunity in a deceptive or manipulative manner, often for personal gain.

PayPal’s approach to cryptocurrencies has been relatively conservative and compliant with regulatory requirements. While PayPal does offer support for buying, selling, and holding certain cryptocurrencies within its platform, it typically emphasizes responsible investing and compliance with relevant laws and regulations.

When promoting its cryptocurrency services, PayPal is likely to focus on providing accurate information about the cryptocurrencies it supports, explaining the risks associated with investing in cryptocurrencies, and highlighting the features and benefits of using its platform for cryptocurrency transactions.

That being said, individuals or entities unrelated to PayPal may engage in shilling activities on the internet, including promoting cryptocurrencies in a misleading or deceptive manner. It’s important for users to exercise caution and conduct their own research before making investment decisions, and to be wary of unsolicited investment advice or promotions found online.

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Lycytocy
Lycytocy

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