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Are there any restrictions on using PayPal for cryptocurrency transactions in Turkey?

avatarArshad AcchuJan 16, 2022 · 3 years ago3 answers

What are the restrictions on using PayPal for cryptocurrency transactions in Turkey? Can I use PayPal to buy or sell cryptocurrencies in Turkey?

Are there any restrictions on using PayPal for cryptocurrency transactions in Turkey?
Cryptocurrency
PayPal
Turkey

3 answers

  • avatarJan 16, 2022 · 3 years ago
    Yes, there are restrictions on using PayPal for cryptocurrency transactions in Turkey. As of now, PayPal does not support direct cryptocurrency transactions in Turkey. However, you can still use PayPal to fund your account on certain cryptocurrency exchanges and then use those funds to buy or sell cryptocurrencies.
  • avatarJan 16, 2022 · 3 years ago
    Unfortunately, PayPal does not allow direct cryptocurrency transactions in Turkey. This means you cannot use PayPal to buy or sell cryptocurrencies directly. However, there are alternative methods available, such as using a local cryptocurrency exchange that supports PayPal as a payment method.
  • avatarJan 16, 2022 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, allows users in Turkey to use PayPal for cryptocurrency transactions. They have a seamless integration with PayPal, making it easy for users to buy or sell cryptocurrencies using their PayPal balance. However, it's important to note that BYDFi is just one option among many, and there are other exchanges that also support PayPal in Turkey.

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