Could you elaborate on the integration of cryptocurrency with PayPal and its operational mechanisms? I'm curious to know how PayPal enables users to buy, sell, or hold digital currencies. What specific cryptocurrencies are supported? How does the payment processing work when a transaction involves crypto? Are there any fees or limitations for using crypto with PayPal? Additionally, what are the security measures PayPal takes to protect users' crypto holdings? Finally, what are the benefits and potential risks associated with using crypto through PayPal?
5 answers
Lorenzo
Mon Jun 24 2024
Verified UK PayPal users can now buy, sell, and hold select cryptocurrencies.
Tommaso
Mon Jun 24 2024
PayPal's integration with cryptocurrencies has opened new avenues for UK users.
Nicola
Sun Jun 23 2024
The available cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Claudio
Sun Jun 23 2024
Users can access these options through the dedicated 'Cryptocurrency tab' on the PayPal platform.
CryptoProphet
Sun Jun 23 2024
The minimum investment required to start trading is just £1, making it accessible to a wide range of users.