Is there a maximum amount for PayPal's Cryptocurrency service? The maximum amount for weekly cryptocurrency purchases in the US is $100,000 USD per week, with no annual purchase limits. Existing users will be asked to complete a brief, one-time Crypto-specific registration process before they can purchase Cryptocurrency. New users should sign up for a Personal PayPal account by downloading the PayPal app or our website. As with all transactions, crypto sales are subject to review and could be delayed or stopped if there’s an issue.ĭo I need a PayPal account to use this Cryptocurrency service? Yes. How long does it take to receive money from selling Cryptocurrency? The money you receive from selling crypto will be available in your PayPal balance within seconds. Where does the money go when I sell my Cryptocurrency? The money goes directly to your PayPal balance, where you can use it as you normally would.
If you can log in to your PayPal account, you’ll be given rights to the Cryptocurrency balance you hold. Will I get a private key for the Cryptocurrency I buy on PayPal? You are given rights to the Cryptocurrency you buy on PayPal but will not be provided with a private key. You can find our Terms and Agreements and Acceptable Use Policy by clicking Legal at the bottom of any PayPal page.
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Learn more on how to initiate a transfer. Can I transfer Cryptocurrency into and out of PayPal? Yes, PayPal supports the transfer of cryptocurrencies between PayPal, Venmo, and other wallets and exchanges.
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