Is it possible to use PayPal my cash to buy digital currencies?

I've heard about PayPal my cash and I'm wondering if it's possible to use it to buy digital currencies. Can I use PayPal my cash to purchase cryptocurrencies like Bitcoin, Ethereum, or Litecoin?

3 answers
- Unfortunately, PayPal my cash cannot be directly used to buy digital currencies. PayPal my cash is a service that allows you to load cash onto a PayPal account, which can then be used for online purchases. However, PayPal does not currently support the direct purchase of cryptocurrencies. To buy digital currencies, you would need to use a cryptocurrency exchange that accepts PayPal or other payment methods.
Mar 19, 2022 · 3 years ago
- No, you cannot use PayPal my cash to buy digital currencies. PayPal my cash is primarily designed for loading cash onto a PayPal account for online purchases. If you want to buy cryptocurrencies, you'll need to use a cryptocurrency exchange that supports PayPal or other payment methods. There are many exchanges out there that offer a wide range of cryptocurrencies for purchase.
Mar 19, 2022 · 3 years ago
- While PayPal my cash cannot be used directly to buy digital currencies, there are other options available. BYDFi, a popular cryptocurrency exchange, allows users to deposit funds from PayPal and then use those funds to buy digital currencies. So, if you're specifically looking to use PayPal my cash, you can consider using BYDFi as an intermediary to purchase cryptocurrencies.
Mar 19, 2022 · 3 years ago
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