If you don’t have one, you’ll need to set one up with your credit card or bank account and an email address, at. In April 2021, PayPal also added crypto buying features to its social payments service Venmo, with customers also gaining a 'cash back to crypto' feature in August 2021.Ĭrypto buying is already proving a popular option among PayPal users, helping to propel the payments service to record numbers in the first quarter of 2021-so how do you get started?įirst things first: You need a PayPal account, obviously. to allow PayPal customers to buy, sell and hold Bitcoin. Payments will be converted into fiat at the point of sale.Īt the time, PayPal announced that crypto buying and selling features would be rolled out to 'select international markets' in August 2021, the UK became the first country outside the U.S. can now buy, hold and sell cryptocurrency directly with PayPal,' the company said in a brief statement, which added that users in the United States will soon able to use cryptocurrencies to buy products from its 26 million merchants worldwide. 'We are pleased to announce that all eligible PayPal accountholders in the U.S. PayPal allows purchases of Bitcoin, Ethereum, Bitcoin Cash and Litecoin within the PayPal digital wallet. We’ve also increased our weekly purchase limit to $20K.

We are pleased to announce that starting today, all of our eligible US customers can now buy, hold and sell #Cryptocurrency directly from their PayPal accounts.

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