Has Anyone Tried Crypto Investment Through PayPal?

[Seno inyang]

I can't invest crypto on PayPal because I can't make transactions. It is restricted to some countries including mine. I think only US can work with it without any restrictions.

 

[Setho]

I recently learnt that people was bringing cryptocurrency services into its arsenal but then the app is not available in my country so I just use my crypto wallets for investment.

 

[kayode10]

I have never try to invest in cryptocurrency using PayPal to pay. Cryptocurrency is too difficult for me to invest because I hate watching the market volatility. I like to work as a freelancer online.

 

[Ezekiel]

This is really educative but sincerely it would have favouree me because I have seen people prove of payment through PayPal but my country doesn't support the use of paypal

 

[Victorial]

I have also seen such a report online about using PayPal to invest in crypto or using paypal purchase crypto. It doesn't change anything in my country as Paypal is still banned in my country and Nigeria is not allowing crypto to stand also

 

[kayode10]

I have not try out investing in cryptocurrency with the uses of PayPal. The only way I purchase cryptocurrency is through the uses of exchanger who I pay with local currency to get cryptocurrency.

 

[ganibade]

PayPal is very good platform and is very easy to trade and deposit money in order to trade Bitcoin ethereum and US dollar and is very easy to fund the account and cash out money

 

[Trexxxy]

To be honest I don't see how this is different from the regular crypto exchanges out there, perhaps because a lot of people use PayPal and it would be easier to buy and trade crypto with your PayPal balance.

 

[CeeJase]

I think that there was a time when I saw such updates on PayPal that you can buy cryptocurrency directly from your PayPal account but I'm not sure if it's done now.

 

[Bousine123]

I only heard investing in crypto through Paypal only works for some countries like the US and not all the countries in the world are allowed to invest in crypto by papal.

 

[Ononivami]

I don't have a PayPal account because it is banned in my country. I don't have an experience on how the cryptocurrency integrated works.

 

[Sotherefore]

It is something I could have tried ,but Paypal account is not accepted here that is why we don't have access to all the future in PayPal mode of payment ,even after we have understand that they have started allowing cryptocurrency.

 

[greenie]

As far as I know, crypto in PayPal accounts can only be used for those who live in the US (based IP address), you are right, we cannot receive or send crypto, we can only transact in a PayPal account. PayPal will charge crypto income tax after all, if you have made profit from crypto. It seems unlikely that in the near future PayPal will provide crypto deposit or withdrawal services.

 

[Dagm1]

If I may add something, PayPal recently upgraded their site, which included the addition of crypto currency conversion and transactions. So I haven't tried it yet, and I'm still skeptical about it. I'm waiting for other people's experiences before I give it a shot.

 

[Lens]

Since PayPal started accepting cryptocurrencies, I have not been able to use it due to the ban in my country. PayPal account isn't accepted in my country anymore. So, I have not had the cryptocurrency experience with PayPal.

 

[HayKay]

No I haven't. Though I heard this option is now available but I haven't dared because I think this would increase the possibility of my account being limited and I don't want any of such cases.
Besides PayPal charge a lot when withdrawing I don't think I'll trust them with cryptocurrency withdrawal.

 

[Sotherefore]

Because of location limitation , it is not really possible for most people in Africa to used the full features of PayPal. I think buying of cryptocurrency is only available for people In a location in which PayPal restrictions has been lifted

 

[Ononivami]

I have not lay my hands on cryptocurrency investment on PayPal. You didn't update us on the thread because I was waiting anxiously to know If you have actually made the transaction .

 

[LadAckerman]

Customers will be able to fund their PayPal account for the purchase using their bank account or debit card. If customers choose to sell cryptocurrency with this new service, funds are normally available quickly to spend in their PayPal account. There are no fees to hold cryptocurrency in a PayPal account.

 

[zelalem]

With this feature, PayPal will attract many crypto enthusiasts and will eventually be able to invest in cryptocurrencies through PayPal, which is a big boost for PayPal. This is a great development for the cryptocurrency world as it increases the acceptance of cryptocurrencies around the world.