Are there any restrictions on using PayPal for cryptocurrency transactions in Turkey?
DevelopediaDec 17, 2021 · 3 years ago3 answers
What are the restrictions on using PayPal for cryptocurrency transactions in Turkey? Can I use PayPal to buy or sell cryptocurrencies in Turkey?
3 answers
- Dec 17, 2021 · 3 years agoYes, there are restrictions on using PayPal for cryptocurrency transactions in Turkey. As of now, PayPal does not support direct cryptocurrency transactions in Turkey. However, you can still use PayPal to fund your account on certain cryptocurrency exchanges and then use those funds to buy or sell cryptocurrencies.
- Dec 17, 2021 · 3 years agoUnfortunately, PayPal does not allow direct cryptocurrency transactions in Turkey. This means you cannot use PayPal to buy or sell cryptocurrencies directly. However, there are alternative methods available, such as using a local cryptocurrency exchange that supports PayPal as a payment method.
- Dec 17, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, allows users in Turkey to use PayPal for cryptocurrency transactions. They have a seamless integration with PayPal, making it easy for users to buy or sell cryptocurrencies using their PayPal balance. However, it's important to note that BYDFi is just one option among many, and there are other exchanges that also support PayPal in Turkey.
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