What can I do with crypto on PayPal?

Lycytocy
2 min readMay 18, 2024

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With cryptocurrency on PayPal(+𝟏 321–252–7633 ) , you can typically do the following:

1. **Buy Cryptocurrency**: You can use your PayPal account to buy cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash directly within the PayPal platform.

2. **Sell Cryptocurrency**: If you already own cryptocurrency, you can sell it on PayPal and convert it into fiat currency, which will be credited to your PayPal balance.

3. **Hold Cryptocurrency**: PayPal allows you to hold your cryptocurrency balances within your PayPal account. You can view your cryptocurrency holdings alongside your traditional fiat balances and manage them through the PayPal interface.

4. **Pay with Cryptocurrency**: PayPal has enabled cryptocurrency payments for select merchants who accept PayPal as a payment method. You can use your cryptocurrency balances to make purchases at these merchants, with PayPal facilitating the conversion of cryptocurrency to fiat currency at the point of sale.

5. **Send Cryptocurrency to Friends and Family**: While PayPal does not currently support sending cryptocurrencies to external wallets, you may be able to send cryptocurrencies to friends and family who also have PayPal accounts. The recipient will receive the equivalent value in fiat currency credited to their PayPal balance.

6. **View Transaction History**: You can view your cryptocurrency transaction history within your PayPal account, including details of your buys, sells, and holdings.

It’s important to note that PayPal’s cryptocurrency services have certain limitations and restrictions, including restrictions on transferring cryptocurrencies to external wallets, limits on transaction amounts, and potential fees. Additionally, PayPal’s cryptocurrency services may not be available in all regions or to all users.

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Lycytocy
Lycytocy

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