common-close-0
BYDFi
Trade wherever you are!

How can I request payment in cryptocurrency from friends and family on PayPal?

avatarCHANDUDec 26, 2021 · 3 years ago1 answers

I want to know how to request payment in cryptocurrency from my friends and family on PayPal. Can I use PayPal to receive payments in cryptocurrencies like Bitcoin or Ethereum? If yes, how can I set it up? What are the steps involved? Is it safe and secure to receive cryptocurrency payments through PayPal?

How can I request payment in cryptocurrency from friends and family on PayPal?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, you can request payment in cryptocurrency from your friends and family on PayPal. PayPal now supports cryptocurrencies, making it easier for you to receive payments in digital currencies. To get started, follow these steps: 1. Log in to your PayPal account and go to the 'Wallet' section. 2. Click on 'Add a cryptocurrency' and choose the cryptocurrency you want to receive payments in. 3. Set up a cryptocurrency wallet within your PayPal account by following the provided instructions. 4. Once your wallet is created, you'll be given a unique cryptocurrency address for each transaction. 5. Share the generated address with your friends and family to receive payments in cryptocurrency. PayPal ensures the safety and security of your cryptocurrency transactions, so you can trust them with your payments. Just remember to double-check the address before sharing it to avoid any errors or lost funds.