Will PayPal Ever Accept Crypto Deposit and Crypto Withdrawal?

[Chumzy]

I don't think it will take long for us to see that happen to be honest. PayPal have a coin of their own in the market and it is still far behind. Having crypto as a pay and deposit currency will help their coin business.

 

[Prettybabe]

I thought I read somewhere on this forum where it was said that PayPal has added cryptocurrency features in it... I don't get it. Does it mean with the features they added, one can't still do cryptocurrency transactions on it? Then what exactly was the reason for adding those?

 

[Aniwhyte]

I think this has been implemented already or probably implemented but not fully functioning, this morning I saw a news that PayPal has accepted cryptocurrency as a payment method. I'm just hoping for it to be entirely true before rejoicing.

 

[Josephjossy]

I heard recently that PayPal have added crypto as there payment method. If that is true it will be a big step up to PayPal. Crypto payment have been the easiest way of receiving payment. I think it's a good time for me to move to PayPal. Please someone should help me confirm

 

[Johnbami]

I think it would be a good development if they could do something like that the world is going crypto so they should be able to adapt to what the world needs so it would be a good development I really wish they could implement that

 

[Defaith]

yeah paper is accepting cryptocurrency withdraw and it's a been it's been a while that has been operate PayPal it's a good online banking application this really good and it have good functions it's allow with the rise of bitcoins and the deposit of Bitcoin he was a good operation and it is easy-to-use user friendly the interface are very sweet to use

 

[Fatehsultan]

Customers in the US (except HI) can buy, sell and hold four different Cryptocurrencies on PayPal: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. What is the difference between Cryptocurrencies?

 

[Veetos12]

Crypto came to PayPal in November 2020. Currently, PayPal allows to buy, sell and hold Bitcoin, Bitcoin Cash, Ethereum and Litecin on this platform. You can buy these cryptos from your PayPal balance as well as credit/debit card directly from PayPal without leaving Paypal. Currently, this service is available only in the United States.
PayPal has also said that this year, it will add more functionality to its crypto transaction by allowing the users to buy using crypto balance. The crypto you hold on PayPal cannot be transferred to other users or withdrawn to your bank or card. You also cannot add balance via crypto. Therefore, the burning question will PaYap ever accept crypto deposits and crypto withdrawals?
There is no news about this but we can assume that PayPal will surely add this functionality. Paypal recently said that traffic to their platform substantially rose aft adding crypto as the users started checking their account a couple of times in a day. PayPal also said that the profits rose by 11.8 percent since adding crypto to its functionality.
When Vias can allow 35 crypto wallets to use its platform, why can't PayPal?

Thank you very much for raising this question here. I have been curious to know how PayPal works and their readiness to deliver crytocurrency exchange service at this time of the year when some countries are placing restrictions on transacting of crytocurrencies.

 

[lelakil3]

Crypto came to PayPal in November 2020. Currently, PayPal allows to buy, sell and hold Bitcoin, Bitcoin Cash, Ethereum and Litecin on this platform. You can buy these cryptos from your PayPal balance as well as credit/debit card directly from PayPal without leaving Paypal. Currently, this service is available only in the United States.
PayPal has also said that this year, it will add more functionality to its crypto transaction by allowing the users to buy using crypto balance. The crypto you hold on PayPal cannot be transferred to other users or withdrawn to your bank or card. You also cannot add balance via crypto. Therefore, the burning question will PaYap ever accept crypto deposits and crypto withdrawals?
There is no news about this but we can assume that PayPal will surely add this functionality. Paypal recently said that traffic to their platform substantially rose aft adding crypto as the users started checking their account a couple of times in a day. PayPal also said that the profits rose by 11.8 percent since adding crypto to its functionality.
When Vias can allow 35 crypto wallets to use its platform, why can't PayPal?

maybe it they should have a resolution to the transaction or the agreement in either parties or companies that are going to transact their good as the commission on the paypal is much higher than the other remittances maybe there's should be a remedy of it.

 

[M Amin]

Crypto came to PayPal in November 2020. Currently, PayPal allows to buy, sell and hold Bitcoin, Bitcoin Cash, Ethereum and Litecin on this platform. You can buy these cryptos from your PayPal balance as well as credit/debit card directly from PayPal without leaving Paypal. Currently, this service is available only in the United States.
PayPal has also said that this year, it will add more functionality to its crypto transaction by allowing the users to buy using crypto balance. The crypto you hold on PayPal cannot be transferred to other users or withdrawn to your bank or card. You also cannot add balance via crypto. Therefore, the burning question will PaYap ever accept crypto deposits and crypto withdrawals?
There is no news about this but we can assume that PayPal will surely add this functionality. Paypal recently said that traffic to their platform substantially rose aft adding crypto as the users started checking their account a couple of times in a day. PayPal also said that the profits rose by 11.8 percent since adding crypto to its functionality.
When Vias can allow 35 crypto wallets to use its platform, why can't PayPal?

It is a good step for those people who are doing online work and they are getting their money in PayPal so now they can easily trade and exchange their PayPal dollars into cryptocurrency

I think through this the promotion of people will be absolutely increased.

 

[Zevin]

Customers in the US (except HI) can buy, sell and hold four different Cryptocurrencies on PayPal: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. What is the difference between Cryptocurrencies?

This is a question you need to ask the experts on cryptocurrency and blockchain technology. You can also go to youtube and search for a good informational video to understand the concept of different cryptocurrency. I am a general user trying to hold different cryptocurrencies on my crypto wallet so that I can benefit when the price rises.

 

[Kelly5]

PayPal is busy palying the mind game here with it's investors or followers. At long last, over a long period of time, they will start allowing cryptocurrency deposits as well as cryptocurrencies withdrawals on their platforms

 

[Sheun450]

Some acknowledged that a giant like PayPal could only ever take baby steps and allowing crypto withdrawals from the PayPal network was always going to be too risky from an AML standpoint.

 

[KENDRA2020]

It only a mattet of time, they will evenuallu accept cryptocurrency for sure. I am certain of that but lets keep our fingers crossed about this situation. Cryptocurrency is here to stay and will eventually be used in all platforms.

 

[Adebola]

Paypal will accept the crypto deposit and withdraw because Cryptocurrencies have remained a niche payment method, partly down to the rapid change in prices they can experience compared with traditional state-backed currencies. That has made them popular among some types of investors.

PayPal said it was aiming "to increase consumer understanding and adoption of cryptocurrency".

"As part of this offering, PayPal will provide account holders with educational content to help them understand the cryptocurrency ecosystem,"

 

[DareIsrael]

The time is coming when the PayPal will definitely accept crypto currency. Especially Bitcoin. Just today I saw the news that MasterCard now accepts or plan to start accepting crypto currency. This is a positive sign into the future

 

[Shahzaib37]

Crypto came to PayPal in November 2020. Currently, PayPal allows to buy, sell and hold Bitcoin, Bitcoin Cash, Ethereum and Litecin on this platform. You can buy these cryptos from your PayPal balance as well as credit/debit card directly from PayPal without leaving Paypal. Currently, this service is available only in the United States.
PayPal has also said that this year, it will add more functionality to its crypto transaction by allowing the users to buy using crypto balance. The crypto you hold on PayPal cannot be transferred to other users or withdrawn to your bank or card. You also cannot add balance via crypto. Therefore, the burning question will PaYap ever accept crypto deposits and crypto withdrawals?
There is no news about this but we can assume that PayPal will surely add this functionality. Paypal recently said that traffic to their platform substantially rose aft adding crypto as the users started checking their account a couple of times in a day. PayPal also said that the profits rose by 11.8 percent since adding crypto to its functionality.
When Vias can allow 35 crypto wallets to use its platform, why can't PayPal?

I think paypal is a big platforms all over countries mostly every country use paypal service and these are good to exchange mony also the step of cryptocurrency is very good by paypal and now people use it.

 

[Mawome]

I don't really see that coming in future, unless maybe they will restructure am taking about PayPal, but from what I know so far, it be that easy for them to add crypto currency as part of their payment method, PayPal is only for dollar from my findings so far,

 

[Sheyemanu]

I really do think that payPal will soon start accepting cryptocurrency deposit and withdrawal, it's just a matter of time. And I see them accepting usdc or even tether usd deposit and withdraw was soon because both are stable coins pegged with the usd and it is getting so popular right now and are being used across different places

 

[eenya00]

You know we currently live in a world of endless possibilities, anything could happen, as at the point in my life now, I never say never. With the way the world is going whereby digitalization is taking over, I believe in the foreseeable future PayPal would come to accept cryptocurrency as a means of payment.