Can I use PayPal credit to buy cryptocurrency?

3 answers

• Dec 20, 2021 · 3 years ago
  Yes, you can use PayPal credit to buy cryptocurrency. PayPal has recently started allowing users to use their PayPal credit as a funding source for purchasing digital assets. This provides users with more flexibility and convenience when it comes to investing in cryptocurrencies. However, it's important to note that not all cryptocurrency exchanges accept PayPal credit as a payment method. Make sure to check with the specific exchange you're using to see if they support PayPal credit as a funding option.
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• Dec 20, 2021 · 3 years ago
  Unfortunately, PayPal credit cannot be used to directly buy cryptocurrency. While PayPal has expanded its support for cryptocurrencies, PayPal credit is not currently accepted as a payment method for purchasing digital assets. You will need to use other payment methods, such as a linked bank account or debit card, to buy cryptocurrencies on most exchanges. It's always a good idea to check the accepted payment methods of the exchange you're using before making any transactions.
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• Dec 20, 2021 · 3 years ago
  Yes, you can use PayPal credit to buy cryptocurrency. BYDFi, a popular cryptocurrency exchange, supports PayPal credit as a payment method. This means that you can easily use your PayPal credit to purchase digital assets on BYDFi. It's a convenient and secure way to invest in cryptocurrencies. Just make sure to have sufficient funds in your PayPal credit account and follow the instructions provided by BYDFi to complete the transaction.
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