How do I buy Cryptocurrency on PayPal? (2024)

FAQs

How do I buy Cryptocurrency on PayPal? ›

Everything you need is built into your PayPal account. Once you agree to the crypto terms and conditions, we'll make sure the required info is up to date and confirmed on your account, and then you'll be able to buy and sell crypto.

Everything you need is built into your PayPal account. Once you agree to the crypto terms and conditions, we'll make sure the required info is up to date and confirmed on your account, and then you'll be able to buy and sell crypto.

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.

What is the minimum transfer amount? For internal transfers, the minimum transfer amount is $0.01 per transfer. For external transfers, the minimum transfer amount is defined in the cryptocurrency being transferred as: BTC - .001 BTC.

You can buy crypto with PayPal on exchanges like Coinbase, eToro, and Paxful to name a few.

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

Binance – Best PayPal Crypto Exchange with Largest Altcoin Selection. Binance is a crypto exchange behemoth that leads the crypto market and industry in trade volume, user base, and crypto products offered. It also offers one of the widest payment method options available for crypto transactions.

Sending crypto out of PayPal

To enable external transfers, you'll need to go through an additional level of account verification. Once enabled, all you need is an external crypto address to transfer cryptocurrency out of PayPal. Be sure that you enter an address for the exact cryptocurrency you want to send.

How much is the PayPal fee for $100? ›

How much is the PayPal fee for $100? For the most common PayPal fee of 3.49% + $0.49, the fee for a $100 transaction will be $3.98, making the total money received after fees $96.02. Example 1: You send an invoice to a client for $500 to be paid via PayPal Checkout or Guest Checkout.

Most cryptocurrency exchanges charge between 0% and 1.5% per trade, depending on whether you're a maker (buyer) or taker (seller). That means that if you've dedicated $1,000 to invest in crypto, the fee you'll pay for that transaction, on average, could be anywhere from $0 to $15.

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.

Select Checkout with PayPal. 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.

You can send crypto from your PayPal Crypto Hub to an external crypto wallet and buy and send crypto to the external crypto wallet. But customers aren't able to use the combination of both methods in a single transaction.

You can only link your PayPal account to one Coinbase account at a time. To add a different PayPal account, you must first unlink your previous one on file. Prepaid cards, business cards, and credit cards linked to your PayPal account are not currently supported by Coinbase.

Your Paypal account cannot hold a bitcoin balance and a bitcoin wallet cannot hold a non-bitcoin balance. You would have to use the money in your Paypal account to buy bitcoin and then transfer the bitcoin to your bitcoin wallet.