Is it possible to use PayPal to buy cryptocurrencies with my debit card?

1 answers

• Dec 27, 2021 · 3 years ago
  Yes, you can use PayPal to buy cryptocurrencies with your debit card. PayPal has expanded its services to include the ability to buy, hold, and sell cryptocurrencies directly on their platform. To get started, you can link your debit card to your PayPal account and then use the funds in your account to purchase cryptocurrencies. However, it's important to note that PayPal currently supports a limited number of cryptocurrencies, so you may need to check if the specific cryptocurrency you want to buy is available. PayPal may also have certain restrictions or limitations on the amount you can buy or sell, so it's advisable to review their terms and conditions. Regarding fees, PayPal charges a transaction fee for buying and selling cryptocurrencies, which can vary depending on the transaction amount and currency. It's recommended to check PayPal's fee schedule for the most accurate information. Please note that the information provided here is based on general knowledge and it's always a good idea to consult PayPal's official documentation for the most up-to-date and accurate information.
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