What can I do with Crypto on PayPal? (2024)

FAQs

What can I do with Crypto on PayPal? ›

Selling crypto on PayPal

The fees for selling are the same as the fees for purchases: a per-transaction fee, plus the 0.5% market spread. Proceeds from the sale will go to your PayPal account, where you can use the funds to make purchases or transfer them to your bank account.

Selling crypto on PayPal

The fees for selling are the same as the fees for purchases: a per-transaction fee, plus the 0.5% market spread. Proceeds from the sale will go to your PayPal account, where you can use the funds to make purchases or transfer them to your bank account.

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.

Enter your PayPal account information and select Log In. Select the crypto, review the terms and conditions, then click Got It. Review the exchange rate and select Sell (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or PayPal USD) to continue.

With PayPal you can:

Buy, hold, and sell Crypto. Through checkout with Crypto you can sell Crypto and use the proceeds to pay for purchases through your PayPal account. Transfer cryptocurrencies between eligible PayPal, Venmo, accounts, and other wallets and exchanges.

You are given rights to the Cryptocurrency you buy on PayPal but will not be provided with a private key. If you can log in to your PayPal account, you'll be given rights to the Cryptocurrency balance you hold.

The hold time will vary depending on several risk factors, such as the amount waiting to be cleared from the bank transfer, and can generally take up to 6 days.

You will be charged certain fees when you buy, sell, convert, and transfer Crypto Assets. Information on pricing and fees can be found on the PayPal Fees page, and the PayPal Balance Long Form Disclosure. PayPal does not charge a fee (but does charge a spread) to sell Crypto Assets when you Checkout with Crypto.

Can you convert crypto to PayPal? ›

PayPal supports the transfer of cryptocurrencies between PayPal, Venmo, and other wallets and exchanges. PYUSD can be transferred between PayPal and exchanges that support it.

Price of PYUSD today

The live price of PayPal USD is $ 0.996711 per (PYUSD / USD) with a current market cap of $ 403.04M USD. 24-hour trading volume is $ 6.73M USD. PYUSD to USD price is updated in real-time. PayPal USD is -0.07% in the last 24 hours with a circulating supply of 404.37M.

We have a $25,000 USD/week sending limit and a $100,000 USD/week buying limit. The limit for using PayPal to buy and transfer crypto in one step to an external crypto wallet is the lower of these 2 limits.

The most straightforward way to withdraw crypto to a bank account is by selling it through a cryptocurrency exchange, peer-to-peer trading platform, or fintech company. This way, you convert the selected crypto to fiat and send money to your bank account.

Yes, Bitcoin can be converted into cash by selling it on a cryptocurrency exchange or through peer-to-peer platforms. You can also transfer Bitcoin out of the cryptocurrency space by selling it for traditional fiat currency like US dollars or euros and then withdrawing the cash to your bank account.