How do I buy Cryptocurrency on PayPal? (2024)

The following information is for educational purposes only and does not constitute an endorsem*nt of this type of Cryptocurrency. Consider seeking tax and financial advice from licensed professionals. The cryptocurrency service is currently available to PayPal Personal account holders only.

Visit Discover Crypto for more information.

Buy it. Sell it. Hold it. Transfer it.

Crypto, short for cryptocurrency, is a digital currency you can buy, sell, and securely hold in your PayPal account.

Go at your own pace

Get started with cryptocurrency for as little as $1. You decide how much you want to participate, so it's easier to stick to a budget and buy what makes sense for you.

You can buy Crypto withyour PayPal balance, a PayPal-linked debit card, or bank account.

Here’s how to buycryptocurrency with PayPal on the web:

  1. Click Finances.
  2. Click Buy.
  3. Choose a crypto to buy.
  4. Choose an amount and frequency (Daily, Weekly, Biweekly, or Monthly.)
    • Frequency will default to One-time.
  5. Choose a payment method and tap Next.
  6. Click Buy Now.

To buy cryptocurrency on the app:

  1. Tap Finances.
  2. Tap Crypto.
  3. Tap Buy.
  4. Choose an amount and frequency (Daily, Weekly, Biweekly, or Monthly.)
    • Frequency will default to One-time.
  5. Select a starting date and tap Confirm.
  6. Confirm your amount and tap Next.
  7. Choose a payment method and tap Next.
  8. Tap Authorize and Schedule.

    What exchange rate will be used for my Recurring Transaction?

    The exchange rate for each Recurring Buy includes a currency conversion spread and refreshes frequently. When you create a Recurring Buy order, you may elect to make an initial purchase at that time. If you do so, the displayed rate is only for the initial purchase.

    The exchange rate for subsequent purchases or for an initial purchase in a Recurring Buy you scheduled with a future start date may vary significantly and will not be displayed at the time the Recurring Buy is created. For additional information on Rates and fees visit PayPal Cryptocurrency Terms and Conditions.

    How can I edit/update my recurring transaction?

    A crypto user can create, edit, pause, or cancel their recurring purchases via the manage section on the crypto hub.

    Crypto can be volalite

    We recommend doing your research and consideration for all actions (buy/sell/hold) before interacting with cryptocurrencies. This includes speaking to a tax and financial advice specialist.

    You can find our Terms and Conditions and Acceptable Use Policy by clicking Legal at the bottom of any PayPal page.

    How do I buy Cryptocurrency on PayPal? (2024)

    FAQs

    How do I buy Cryptocurrency on PayPal? ›

    You can buy Crypto with your PayPal balance, a PayPal-linked debit card, or bank account. Here's how to buy cryptocurrency with PayPal on the web: Click Finances. Click Buy.

    Can you buy crypto directly from PayPal? ›

    You can buy Crypto with your PayPal balance, a PayPal-linked debit card, or bank account. Here's how to buy cryptocurrency with PayPal on the web: Click Finances. Click Buy.

    Is it worth buying crypto on PayPal? ›

    There are no fees for holding cryptocurrencies in your PayPal wallet or when moving them to other users on the platform. However, users will face a sizable transaction fee when selling crypto outside PayPal or using it as currency for a purchase.

    How do I buy crypto on crypto using PayPal? ›

    1. Step 1 & 2. Go to the Card tab and tap Top Up.
    2. Step 3 & 4. Tap Connect with PayPal.
    3. Input your PayPal account details to log in.
    4. Select and confirm the preferred card.
    5. Input the top-up amount in USD.
    6. Confirm the transaction. Please note that you must agree to PayPal Policies to set up your account in the Crypto.com App.

    Why has PayPal stopped selling crypto? ›

    PayPal's crypto purchasing service is temporarily paused while we update our system to comply with new UK regulations. You can continue to hold your crypto, or you may sell if you choose. The following information is for educational purposes only and does not constitute an endorsem*nt of this type of Cryptocurrency.

    Can I buy and send crypto instantly on PayPal? ›

    Crypto purchased with a debit card will be instantly available to transfer. You can find our Terms and Conditions and Acceptable Use Policy by clicking Legal at the bottom of any PayPal page.

    How much does PayPal charge for crypto transactions? ›

    Buying or selling a cryptocurrency
    Purchase or sale amountFee
    5.00 – 24.99 USD0.99 USD
    25.00 – 74.99 USD1.99 USD
    75.00 – 200.00 USD2.49 USD
    200.01 – 1000.00 USD1.80%
    2 more rows

    How safe is my crypto on PayPal? ›

    Cryptocurrency purchases are protected in the event unauthorized activity takes place. If you suspect fraudulent activity on your account, please report it immediately.

    What happens when you buy crypto on PayPal? ›

    If you can log in to your PayPal account, you'll be given rights to the Cryptocurrency balance you hold. Where does the money go when I sell my Cryptocurrency? The money goes directly to your PayPal balance where you can use it as you normally would.

    Is it better to buy crypto on PayPal or Coinbase? ›

    The big advantage of PayPal is that it's extremely easy to use. If you're a PayPal customer who wants to get some exposure to cryptocurrency without any hassle, it may be a good option. However, if you want to dive deeper into the cryptocurrency waters, Coinbase has a lot to offer.

    How do I activate crypto on PayPal? ›

    Here's how to use crypto at checkout: Click Checkout with PayPal. Fill in your PayPal account information and Click Log In. Select the Crypto - Review Terms and Conditions and click Got It.

    What is the limit on PayPal crypto? ›

    Weekly crypto transfer limit

    In the US, the maximum amount for weekly cryptocurrency transfers is $10,000 per week. This total maximum applies if you send internal transfers (to other PayPal accounts) or external transfers, or a combination of internal and external transfers.

    What crypto is available on PayPal? ›

    Which Cryptocurrencies are supported on PayPal? Customers in the U.S. and U.S. Territories (excluding Hawaii) can transact with the following Cryptocurrencies on PayPal: PayPal USD, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

    When can I buy crypto with PayPal? ›

    Users can buy Crypto using their PayPal balance, or a PayPal-linked debit card or bank account. Here's how to buy Cryptocurrency with PayPal on the web: Click on the Crypto promotional tile More on your PayPal account Dashboard. From the Crypto landing page, select the Cryptocurrency you would like to buy.

    How much will 1 ethereum be worth in 2030? ›

    Ethereum (ETH) Price Prediction 2024-2040
    YearMinimum PriceAverage Price
    2029$27,972.20$28,748.12
    2030$39,528.05$40,964.90
    2031$55,196.48$57,245.27
    2032$81,940.81$84,803.52
    8 more rows

    Why can't I buy crypto on PayPal? ›

    PayPal's crypto purchasing service is temporarily paused while we update our system to comply with new UK regulations.

    Do any crypto exchanges accept PayPal? ›

    CEX.io, Coinbase, eToro, Kraken, and Bitstamp are the top five best cryptocurrency exchanges that accept PayPal. CEX.io is the most flexible in terms of the number of countries it supports for PayPal transactions.

    When can I buy crypto on PayPal again? ›

    PayPal, which first launched crypto buying and selling in 2021, said in August that it was temporarily pausing the ability of UK customers to buy cryptoassets from Oct. 1, and that it expected to restart in early 2024.

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