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Why is my cryptocurrency transaction on hold in PayPal?

avatarBhawana RakshitDec 17, 2021 · 3 years ago3 answers

I recently made a cryptocurrency transaction using PayPal, but it's now on hold. Why is my transaction being held and how can I resolve this issue?

Why is my cryptocurrency transaction on hold in PayPal?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    It's possible that your cryptocurrency transaction is on hold in PayPal due to security measures. PayPal may be reviewing the transaction to ensure it's not fraudulent or involved in any illegal activities. To resolve this issue, you can contact PayPal's customer support and provide any necessary information or documentation they may require to verify the transaction.
  • avatarDec 17, 2021 · 3 years ago
    Cryptocurrency transactions on PayPal can sometimes be put on hold for various reasons. It could be due to a large transaction amount, suspicious activity, or simply a random security check. To resolve this issue, you should reach out to PayPal's customer support and inquire about the specific reason for the hold. They will guide you through the necessary steps to resolve the issue and release your funds.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand that cryptocurrency transactions on PayPal can sometimes be put on hold. This is a security measure implemented by PayPal to protect both the buyer and the seller. If your transaction is on hold, it's recommended to contact PayPal's customer support and provide any additional information they may require to expedite the release of your funds. They will assist you in resolving the issue and ensuring a smooth transaction process.