How does friend and family option for PayPal work with cryptocurrency transactions?

3 answers

• Katik JiFeb 20, 2023 · 3 years ago
  Yes, you can use the friend and family option on PayPal to send or receive cryptocurrency transactions. However, it's important to note that PayPal's terms of service do not currently support the use of their platform for buying or selling cryptocurrencies directly. So while you can use the friend and family option to transfer funds, you would need to use a separate platform or exchange to actually buy or sell cryptocurrencies.
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• Khushi ShahJan 10, 2023 · 3 years ago
  Absolutely! PayPal's friend and family option can be used for cryptocurrency transactions. It's a convenient way to send or receive funds between friends or family members who are involved in the crypto space. Just make sure both parties have a PayPal account and agree on the amount and currency to be transferred. Keep in mind that PayPal's fees may apply, so be sure to check their fee schedule before making any transactions.
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• JonyAug 27, 2024 · a year ago
  Yes, you can use the friend and family option on PayPal to send or receive cryptocurrency transactions. However, it's worth mentioning that if you're looking for a more secure and direct way to buy or sell cryptocurrencies, you might want to consider using a dedicated cryptocurrency exchange like BYDFi. With BYDFi, you can easily trade various cryptocurrencies and enjoy a more seamless experience compared to using PayPal's friend and family option.
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