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Are there any restrictions on the amount of cryptocurrency I can buy or sell using PayPal per day?

avatarLaurent DugasDec 29, 2021 · 3 years ago3 answers

Is there a limit on the daily amount of cryptocurrency I can buy or sell using PayPal?

Are there any restrictions on the amount of cryptocurrency I can buy or sell using PayPal per day?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are restrictions on the amount of cryptocurrency you can buy or sell using PayPal per day. The specific limits may vary depending on your account status and verification level. It's best to check with PayPal directly or refer to their documentation for the most accurate and up-to-date information on these limits. Keep in mind that these limits are in place to ensure the security and compliance of transactions.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! PayPal imposes certain restrictions on the daily amount of cryptocurrency you can buy or sell. These limits are in place to prevent fraudulent activities and ensure the safety of transactions. The exact limits may vary depending on your account's verification level and history. It's always a good idea to review PayPal's guidelines or contact their customer support for the most accurate information regarding these restrictions.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are restrictions on the amount of cryptocurrency you can buy or sell using PayPal per day. However, it's important to note that these restrictions may vary depending on the platform or exchange you are using. For example, at BYDFi, there is a daily limit of $10,000 for cryptocurrency transactions through PayPal. It's advisable to check the specific limits and policies of the platform or exchange you are using to ensure compliance and avoid any surprises.