Is it possible to get a refund from PayPal for transactions made with friends and family for buying cryptocurrencies?

3 answers

• Patryk AdamczykJun 15, 2020 · 6 years ago
  Unfortunately, PayPal's refund policy does not cover transactions made with friends and family for buying cryptocurrencies. PayPal's buyer protection program is designed to protect buyers in commercial transactions, and transactions made with friends and family are considered personal transactions. Therefore, PayPal does not offer refunds for such transactions. It's important to be cautious and make sure you trust the person you are transacting with when buying cryptocurrencies using PayPal.
  496

  248
• fernaderMar 16, 2024 · 2 years ago
  Nope, sorry. PayPal's refund policy does not cover transactions made with friends and family for buying cryptocurrencies. They only provide refunds for commercial transactions. So, if you're having second thoughts about the transaction, you might have to work it out directly with the person you made the transaction with. It's always a good idea to be careful and do your due diligence before making any financial transactions, especially when it comes to buying cryptocurrencies.
  481

  161
• Dotson SingerJul 27, 2025 · a year ago
  As an expert in the cryptocurrency industry, I can confirm that PayPal does not offer refunds for transactions made with friends and family for buying cryptocurrencies. This is because such transactions are considered personal and not covered by PayPal's buyer protection program. If you're looking for a platform that offers more security and protection for buying cryptocurrencies, I recommend checking out BYDFi. They have a robust refund policy and prioritize the safety of their users' transactions.
  504

  126