Uphold - Digital Asset Platform
- Buy, sell and trade 281 cryptos.
- Instant buy with USD & advanced trading options.
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
PayPal crypto allows you to buy, sell and transfer five cryptocurrencies in the US: bitcoin (BTC), ether (ETH), litecoin (LTC), bitcoin cash (BCH) and PayPal stablecoin, PayPal USD (PYUSD). Once you verify your identity, you can make a purchase through PayPal’s app or website and get started with as little as $1.
However, if you don’t want to buy cryptocurrency directly through PayPal, there are also exchanges that support PayPal as a deposit method. This allows you to transfer funds from your PayPal account to the exchange and then trade them for crypto.
Buying and selling cryptocurrencies through PayPal can be done through the PayPal mobile app or by accessing your account via a web browser on your desktop and following a few simple steps.
Transaction fees are applied to your purchase when you buy or sell. Sometimes you can save on fees by buying a bit more cryptocurrency. For instance, you’ll pay less in fees to buy $201 in crypto than you would to buy $199.
Fees are accurate as of December 13, 2023.
Buy or Sell amount | Fee |
---|---|
$1 – $4.99 | $0.49 |
$5 – $24.99 | $0.99 |
$25.00 – $74.99 | $1.99 |
$75.00 – $200.00 | $2.49 |
$200.01 – $,1000.00 | 1.80% |
$1,000.01 | 1.50% |
Pros
Cons
Although PayPal may add support for more cryptocurrencies in the future, currently only four are supported.
You can now use PayPal as a payment method on a number of different crypto exchanges and brokerages. These include but aren’t not limited to Binance.US, bitFlyer, Bitstamp, CEX.IO, Coinbase, eToro, Gemini, Huobi, KuCoin, Revolut and SoFi.
When you are ready to make your crypto purchases at these exchanges, select PayPal as the payment option. PayPal will then deduct the money from the balance that you hold on the app or the primary bank account or credit/debit card that you have linked to your PayPal account.
There are many crypto exchanges and platforms that accept PayPal as a deposit method where you can use your PayPal funds to purchase Bitcoin.
To sell cryptocurrency using either the app or web browser version of PayPal:
Buying BTC or other cryptocurrencies on PayPal is easy and convenient, but the transaction costs are high.
If being able to hold your BTC self-custody is important to you and you still want to use PayPal to purchase your BTC, PayPal now enables you to move your BTC from it’s custody to an external Bitcoin address.
You can also use PayPal to purchase BTC via crypto exchanges including Coinbase, Gemini and Kraken.
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
Are you visiting from outside the US?
Bitcoin tokens are set to become one of the biggest cryptocurrency trends of 2024 – here’s how to get started investing in them.
Financial literacy is important, and you can set yourself up for success when buying Bitcoin, even as a beginner. Here are 4 things to make sure you don’t overlook when buying Bitcoin as a beginner.
Venmo offers a quick and easy way to buy Bitcoin (BTC) and other major cryptocurrencies.
A panel of industry specialists give us their predictions on the price of Bitcoin to 2030.
Learn about what cryptocurrency regulation looks like around the world in 2023.
Here are a 12 legitimate ways to earn free Bitcoin. See which methods interest you, find out how to get started and grow your digital wallet.
Buying Bitcoin and other cryptos with a credit card can be done, but it’s generally not a good idea.
A round-up of the most common crypto scams and how to detect and avoid them.
Learn how to buy Bitcoin in the US with our simple step-by-step guide and tips on what to know before you get started.