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How does PayPal Friends and Family handle cryptocurrency transaction limits?

avatarGorman WrennDec 25, 2021 · 3 years ago3 answers

Can you explain how PayPal Friends and Family handles transaction limits for cryptocurrency?

How does PayPal Friends and Family handle cryptocurrency transaction limits?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    PayPal Friends and Family does not have specific transaction limits for cryptocurrency. However, it is important to note that PayPal's Acceptable Use Policy prohibits the use of PayPal for buying or selling cryptocurrencies directly. So, while you can use PayPal Friends and Family to send money to friends and family for other purposes, it is not recommended to use it for cryptocurrency transactions.
  • avatarDec 25, 2021 · 3 years ago
    PayPal Friends and Family is not designed for cryptocurrency transactions and does not have any specific limits for such transactions. If you want to buy or sell cryptocurrencies, it is recommended to use a dedicated cryptocurrency exchange platform that supports these transactions and provides appropriate security measures.
  • avatarDec 25, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that PayPal Friends and Family is not the ideal platform for handling cryptocurrency transactions. It lacks the necessary features and security measures that dedicated cryptocurrency exchanges offer. If you are interested in buying or selling cryptocurrencies, I would recommend using a reputable cryptocurrency exchange like BYDFi, which provides a secure and user-friendly platform for such transactions.