PayPal Cryptocurrency Services

Use the PayPal app to buy, sell, transfer, and hold cryptocurrencies. Better yet, you can rest assured that we work hard to prevent unauthorized transfers.

Trade Bitcoin, Ethereum, PayPal USD (PYUSD)1 and more with the ease and convenience you expect from PayPal. Transfer crypto to friends, family, or other wallets, in just a few taps. Use your crypto balance to make purchases at millions of merchants that accept PayPal. Select the crypto you want to use to pay and we do the rest. Because it’s pegged to the US Dollar, PayPal USD (PYUSD) is made for stability. Buy, sell, hold, and transfer it in our app. Or convert it to buy other cryptocurrencies we support. Fees apply.2 You could earn 4% for holding PYUSD in your PayPal wallet.3 Easily connects with wallets you already use Your transactions and payments are encrypted. And we monitor activity and transactions across PayPal and millions of merchant sites to help protect and your account secure.2 Check out these simple videos that help connect the dots with crypto. How to check out with crypto with PayPal 1. PayPal will never ask for personal information such as passwords and security codes 2. Secure your digital wallets to keep others from gaining access and stealing your crypto 3. Make sure the website you are visiting is legitimate — watch out for typos, and misspelled words. If you receive a suspicious message, forward it to to [email protected], then delete it. What should you understand about volatility and risk? Crypto is considered volatile because of how much, and how quickly, its value can change. There's potential for gains and losses. Keep in mind that we can't protect you from losses as a result of market volatility. Transferring cryptocurrency on the blockchain is also risky and your crypto may be delayed or lost. Be sure to do your research and buy and sell carefully. Crypto, short for cryptocurrency, is a form of currency that only exists in the digital space. It’s the only financial market that runs 24/7, 365 days a year. Since all cryptos are global currencies without borders, prices change every minute of every day. There may be tax consequences when you sell, and in certain situations when you transfer, your Crypto Assets. We’ll provide 1099 tax forms, if necessary, when you sell cryptocurrency. You may need to report any gains or losses on crypto sales, including sales in connection with cryptocurrency conversions. Can I transfer cryptocurrency into and out of PayPal? Yes, you can transfer cryptocurrency into and out of PayPal. Learn how to initiate a transfer by reviewing the instructions. Will PayPal support peer-to-peer (P2P) cryptocurrency transfers? We support crypto transfers between Personal PayPal accounts. PayPal supports the buying, selling, holding, and transfer of cryptocurrency into and out of PayPal. You can purchase crypto in the PayPal app or through other major platforms including web3 wallets. Here's how to use crypto at checkout: Enter your PayPal account information and select Log In. Select the crypto, review the terms and conditions, then click Got It. Review the exchange rate and select Sell (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or PayPal USD) to continue. Visit our Help Center for more questions. Crypto wallets act as a digital storage solution for users to hold and manage their cryptocurrencies. How do I use PayPal to buy and sell crypto through my external wallet? Tap Buy or Sell, then select ‘PayPal.’ Enter the USD amount worth of crypto you want to buy, or crypto quantity you want to sell. You’ll be redirected to PayPal to log in. Review the transaction details and PayPal will manage the rest.