Are there any limitations when sending crypto on PayPal?

3 answers

• Alexander AlonsoJul 18, 2021 · 4 years ago
  When it comes to sending cryptocurrency on PayPal, there are a few limitations and restrictions that users should be aware of. Firstly, PayPal currently only supports the buying, selling, and holding of certain cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Other cryptocurrencies are not yet supported. Additionally, there are limits on the amount of cryptocurrency that can be sent in a single transaction. These limits vary depending on factors such as the user's account status and transaction history. It's also worth noting that PayPal may impose additional fees for cryptocurrency transactions. Users should review PayPal's terms and conditions for more information on these limitations and fees.
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• danda27Dec 07, 2023 · 2 years ago
  Sending crypto on PayPal does come with some limitations. Firstly, not all cryptocurrencies are supported on the platform. PayPal currently only allows users to buy, sell, and hold a select few cryptocurrencies, which include Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. If you're looking to send a different cryptocurrency, you'll need to use a different platform. Additionally, there are limits on the amount of cryptocurrency you can send in a single transaction. These limits may vary depending on your account status and transaction history. Lastly, PayPal may charge fees for cryptocurrency transactions, so it's important to review their fee structure before sending crypto.
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• Farley ClausenApr 30, 2024 · a year ago
  When it comes to sending cryptocurrency on PayPal, there are a few limitations to keep in mind. Firstly, PayPal currently only supports a limited number of cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. If you're looking to send a different cryptocurrency, you'll need to use a different platform. Additionally, there are limits on the amount of cryptocurrency that can be sent in a single transaction. These limits may vary depending on your account status and transaction history. It's also worth noting that PayPal may charge fees for cryptocurrency transactions. Make sure to review PayPal's terms and conditions for more information on these limitations and fees. As for BYDFi, it's important to note that they are a separate entity and not directly related to PayPal's cryptocurrency services.
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