Curious about crypto? Get confident with the app.
Use the app to buy, transfer, and sell cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and the new PayPal stablecoin, PayPal USD (PYUSD).1
What you should know about crypto with PayPal
Unauthorized transfer reimbursem*nt
PayPal works to prevent unauthorized transfers of cryptocurrency, and you may be eligible for reimbursem*nt up to an equivalent of $50,0002 in the event of an unauthorized transfer.
Learn at your own pace
Read our latest articles and know the basics about crypto directly from the app.
Your crypto, your move
Check out at millions of online stores and crypto marketplaces, track market fluctuations in the app, or transfer your crypto into your PayPal Balance account3 or to a friend— all in just a few steps.
The stablecoin designed for payments: PYUSD1
1 USD : 1 PYUSD on PayPal
PayPal USD is backed by secure and highly liquid assets. Buy, sell, hold, and transfer it in our app and on our site. Or use the convert feature to buy the cryptos we support. Fees apply.4
Experience Web3 with confidence
Buy and sell cryptocurrencies directly from crypto wallets with the comfort of PayPal.
Available in top crypto wallets
How to get started with cryptocurrency
Explore crypto articles
to learn about digital currencies and how they work.
Go to Finances
and select Crypto from the dashboard.
Choose your crypto
select Buy, and choose the amount you’d like to purchase.
Send. Receive. Transfer.
Make your crypto move
Do more with your digital currency
Select crypto at checkout on eligible purchases when checking out at millions of online stores worldwide.
How to check out with crypto
Get set up
Complete your W-9 tax form in advance in the app to use your crypto as a payment method.
Select your crypto
Crypto is automatically available as a payment option as long as you’re able to pay in full.
Let us do the rest
We’ll convert the crypto amount into USD, or to the seller’s currency, at no additional fee.4
Frequently asked questions
Find more ways to manage your finances
Trust the way you pay
Easily and securely spend, send, and manage your transactions—all in one place. Download the app on your phone or sign up for free online.
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As a seasoned cryptocurrency expert with extensive knowledge and hands-on experience in the crypto space, I can confidently break down the concepts and details mentioned in the provided article about the PayPal app and its crypto-related features.
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Cryptocurrencies Supported:
- The article mentions several cryptocurrencies supported by the PayPal app, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and the PayPal stablecoin, PayPal USD (PYUSD). This demonstrates a diverse range of offerings, catering to both major cryptocurrencies and stablecoins.
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Unauthorized Transfer Reimbursem*nt:
- PayPal emphasizes its commitment to preventing unauthorized transfers of cryptocurrencies. Users are informed that they may be eligible for reimbursem*nt of up to $50,000 in the event of an unauthorized transfer. This highlights PayPal's security measures and its willingness to protect users from potential losses.
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Learning Resources:
- The app encourages users to learn at their own pace by reading the latest articles within the app. This feature reflects a commitment to user education, ensuring that individuals can understand the basics of cryptocurrency directly through the platform.
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Crypto Transactions:
- Users can engage in various crypto transactions using the PayPal app, such as purchasing, transferring, and selling cryptocurrencies. The flexibility to perform these actions within the app suggests a user-friendly interface designed to accommodate a range of crypto-related activities.
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PayPal Balance and Transfers:
- The article mentions the option to transfer crypto into a PayPal Balance account or to a friend. This demonstrates the integration of traditional financial features with crypto assets, providing users with seamless ways to manage their digital and fiat currencies.
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PayPal Stablecoin (PYUSD):
- PayPal introduces its stablecoin, PayPal USD (PYUSD), pegged at a 1:1 ratio with the US dollar. The stability is claimed to be backed by secure and highly liquid assets, offering users a reliable option for transactions within the app.
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Web3 Integration:
- The article highlights the capability to buy and sell cryptocurrencies directly from crypto wallets, incorporating the comfort of PayPal. This suggests a move towards Web3 integration, allowing users to engage with decentralized technologies and services.
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Fees and Conversion:
- Users are informed that fees apply when buying, selling, or converting cryptocurrencies within the app. This transparent disclosure is essential for users to make informed decisions about their transactions and understand the associated costs.
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Checkout with Crypto:
- The article outlines the ability to select crypto as a payment option at checkout on eligible purchases from millions of online stores worldwide. This showcases the practical utility of cryptocurrencies in everyday transactions.
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Tax Considerations:
- Users are advised to complete their W-9 tax form in advance to use crypto as a payment method. This demonstrates a responsible approach by PayPal, ensuring users are aware of and comply with relevant tax regulations when using cryptocurrencies.
In conclusion, the PayPal app appears to offer a comprehensive and user-friendly platform for individuals to engage with cryptocurrencies, backed by security measures, educational resources, and a variety of supported assets and features.
