Is it possible to use PayPal to purchase crypto?
Poorani AyswariyaDec 26, 2021 · 3 years ago3 answers
I've heard that PayPal has started allowing users to buy and sell cryptocurrencies. Is it true? Can I use PayPal to purchase crypto? If so, how does it work?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is possible to use PayPal to purchase cryptocurrencies. PayPal recently announced that they have started offering this service to their users. To buy crypto using PayPal, you need to link your PayPal account to a crypto exchange that supports PayPal as a payment method. Once linked, you can use your PayPal balance or linked bank account to buy cryptocurrencies. It's a convenient option for those who already have a PayPal account and prefer using it for transactions.
- Dec 26, 2021 · 3 years agoAbsolutely! PayPal has finally jumped on the crypto bandwagon. You can now use your PayPal account to buy and sell cryptocurrencies. It's a great addition for crypto enthusiasts who want to diversify their payment options. Just make sure to check if your preferred crypto exchange supports PayPal as a payment method before getting started.
- Dec 26, 2021 · 3 years agoYes, you can definitely use PayPal to purchase crypto. At BYDFi, we support PayPal as a payment method for buying cryptocurrencies. It's a simple and secure way to enter the world of crypto. Just link your PayPal account to BYDFi, and you can start buying your favorite cryptocurrencies with ease. PayPal's integration with BYDFi makes it convenient for users who prefer using PayPal for their online transactions.
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