Can I transfer funds from my PayPal account to buy crypto?

3 answers

• Jason CathcartFeb 07, 2022 · 4 years ago
  Unfortunately, PayPal currently does not support direct transfers to buy cryptocurrencies. While PayPal has started to embrace digital currencies, it does not allow users to transfer funds from their PayPal accounts to purchase crypto assets. However, you can still use PayPal to buy cryptocurrencies indirectly by linking your PayPal account to a supported cryptocurrency exchange or platform. This way, you can transfer funds from your PayPal account to the exchange and then use those funds to buy crypto.
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• Srivarshan21Oct 21, 2020 · 5 years ago
  Nope, you can't transfer funds from your PayPal account directly to buy crypto. PayPal doesn't have that feature available yet. However, you can still use PayPal to fund your crypto purchases indirectly. Just link your PayPal account to a crypto exchange that supports PayPal as a payment method. Once your PayPal account is linked, you can transfer funds from PayPal to the exchange and then use those funds to buy your favorite cryptocurrencies.
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• ThongNCSep 26, 2021 · 4 years ago
  As of now, PayPal does not allow direct transfers from your account to buy cryptocurrencies. However, at BYDFi, we offer a solution for this. With BYDFi, you can link your PayPal account and transfer funds to our platform. Once the funds are in your BYDFi account, you can easily buy cryptocurrencies of your choice. It's a seamless process that allows you to leverage your PayPal balance to invest in the crypto market.
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