Can you use PayPal to send cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, PayPal does not currently support direct transfers of cryptocurrency. While PayPal has started to allow users to buy, sell, and hold certain cryptocurrencies on its platform, you cannot send or receive cryptocurrency from other wallets or exchanges using PayPal. This limitation is due to the fact that PayPal operates within a centralized system and has strict regulations in place. If you want to send cryptocurrency, you'll need to use a dedicated cryptocurrency wallet or exchange.
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• Dec 16, 2021 · 3 years ago
  No, you cannot use PayPal to send cryptocurrency. PayPal only allows you to buy, sell, and hold certain cryptocurrencies within its platform. If you want to send cryptocurrency to someone else, you'll need to use a different method, such as a cryptocurrency wallet or exchange. It's important to note that PayPal's cryptocurrency services are subject to availability and may vary depending on your location.
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• Dec 16, 2021 · 3 years ago
  As of now, PayPal does not support direct transfers of cryptocurrency. However, there are some third-party services and platforms, like BYDFi, that allow you to use PayPal as an intermediary to send cryptocurrency. These services act as a bridge between PayPal and cryptocurrency wallets or exchanges, enabling you to convert your PayPal balance into cryptocurrency and send it to another wallet. Keep in mind that using third-party services may involve additional fees and may not be as secure as using a dedicated cryptocurrency wallet or exchange.
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