PayPal Crypto / Buy and Sell Crypto

PayPal Crypto lets you buy, sell, hold, and transfer cryptocurrencies, like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. 

  • Start buying crypto with as little as $1 with the easy to use PayPal app.
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PayPal Crypto review quick take: The payments app lets you buy, sell, hold, and transfer crypto with PayPal. 

What is PayPal Crypto?

PayPal Crypto facilitates cryptocurrency trading, holding, and transferring. You can easily start investing with as little as $1. The crypto service is only available in the United States, and all trades are made using fiat currency–the US dollar.

You must have a PayPal account to use the cryptocurrency exchange. PayPal is a convenient and secure way to transfer money to other people and businesses. They also offer additional financial services to consumers and merchants.

Get started with PayPal Crypto here.

What is Cryptocurrency?

Many believe that cryptocurrency could one day be as commonly used as cash and credit. The crypto market runs 24/7, 365 days a year, with prices changing every minute of every day. Cryptocurrencies are currently regarded as crypto assets or a store of value.

How PayPal Crypto Works

PayPal Crypto helps you discover and trade cryptocurrencies.

  • Buy, sell, hold, and transfer crypto assets such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PayPal USD.
  • Start investing in crypto with $1.
  • Use crypto as currency for eligible purchases at millions of online stores.
  • Retail purchases using crypto are back with fraud protection.

Keep in mind that PayPal can’t protect you from losses as a result of market volatility. Be sure to do your research and buy and sell carefully.

What is PayPal USD?

The company states, “PayPal USD is a stablecoin that’s fully backed by US dollar deposits, US treasuries, and similar cash equivalents. You can buy and sell 1 PYUSD for 1 USD on PayPal. Stablecoins are a type of cryptocurrency designed to have a steady value over time relative to a reference asset, for example, the U.S. dollar.”

Paypal Crypto

Features & Benefits

PayPal Crypto can help you with:

  • Crypto exchange: buy, sell, and hold four crypto assets.
  • Crypto purchase: Use crypto at checkout.

Minimum Requirements

  • Must have a PayPal account.
  • Verified identity.


PayPal Fees: $0 to signup, $0 monthly fees.

PayPal Crypto Fees: When you buy or sell cryptocurrency, a transaction fee applies.

  • The transaction fees are based on how much crypto you buy or sell. The exchange rate you’ll see before buying or selling crypto will also include a cryptocurrency conversion spread.
  • There’s no account fee for crypto holdings.

Pros and Cons


  • Buy crypto starting at $1
  • User-friendly interface
  • Trusted protection associated with PayPal
  • Strong customer service


  • Higher transaction fees compared to alternatives
  • You cannot transfer coins to another crypto wallet

Who is it best for?

PayPal cryptocurrency service is best for existing PayPal users and those who aren’t looking to make significant trades with crypto assets.

Get started with PayPal Crypto here.

Paypal Crypto Review

PayPal Crypto Review

PayPal Crypto is a legitimate service for buying, selling, holding, and transferring four cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

In our PayPal Crypto review, we learned it’s a good option for beginners who are testing the waters or those looking to invest passively in crypto assets. You can start investing with as little as $1, but fees are higher. The transaction and spread fees (the exchange rate between the USD and the crypto asset) are used to calculate the cost. 

Remember that there are significant risks with cryptocurrencies, as the market can be volatile. Cryptos are also not insured by the FDIC or the SPIC, or any other private insurance against losses or theft. PayPal’s purchase protection does not protect your investments from market price volatility, losses, or theft. 

For seasoned investors, it’s worth knowing that you do not own the cryptos held in PayPal. It’s held in trust for you, unlike other cryptocurrency platforms that offer crypto wallets or cold storage. 

How to Start a PayPal Crypto Account

The time needed: 2 minutes.

Step-by-step to buy and sell crypto.

  1. Get started
  2. Verify your identity
    • Complete the signup process and verify your account.

PayPal Crypto Alternatives

Some alternatives for PayPal Crypto include crypto exchanges like Crypto.com or Coinbase.

How to Use Crypto on PayPal Purchases

The following steps will guide you in using cryptocurrencies when checking out using PayPal.

  1. Shop online and select PayPal at checkout.
  2. On eligible purchases, PayPal will automatically make crypto available to you as a funding option as long as you have enough crypto to pay in full at that time.
  3. If you choose to check out with crypto, PayPal will automatically convert it into USD or other currency at no additional fee.
  4. Because it’s an asset, whenever you checkout with crypto, you first sell it, and the cash is used to pay the merchant. You have to report any gains or losses on the crypto sale on your taxes. PayPal will provide the necessary 1099 forms when you sell cryptocurrency.
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1 Review For This Product

  1. 01

    by LJ

    Might be easy to use but it’s not best place to buy BTC. You don’t own the crypto purchased on PayPal.

    • by Jason Vitug

      Thanks for sharing your experience.

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