How do I buy cryptocurrency on PayPal?
The following information is for educational purposes only and does not constitute an endorsement of this type of cryptocurrency. Consider seeking tax and financial advice from licensed professionals. The cryptocurrency service is currently available to PayPal Balance accounts and certain eligible US-based business account holders only.
Visit Discover Crypto for more information.
Buy it. Sell it. Hold it. Transfer it.
Crypto, short for cryptocurrency, is a digital currency you can buy, sell, and securely hold in your PayPal account.
Go at your own pace
Get started with cryptocurrency for as little as $1. You decide how much you want to participate, so it's easier to stick to a budget and buy what makes sense for you.
Here’s how to buy cryptocurrency with PayPal on the web:
- Click Finances.
- Click Buy.
- Choose a crypto to buy.
- Choose an amount and frequency (Daily, Weekly, Biweekly, or Monthly.)
- Frequency will default to One-time.
- Choose a payment method and tap Next.
- Click Buy Now.
To buy cryptocurrency on the app:
- Tap Accounts.
- Tap Crypto.
- Tap Buy.
- Choose an amount and frequency (Daily, Weekly, Biweekly, or Monthly.)
- Frequency will default to One-time.
- Select a starting date and tap Confirm.
- Confirm your amount and tap Next.
- Choose a payment method and tap Next.
- Tap Authorize and Schedule.
What exchange rate will be used for my Recurring Transaction?
The exchange rate for each Recurring Buy includes a currency conversion spread and refreshes frequently. When you create a Recurring Buy order, you may elect to make an initial purchase at that time. If you do so, the displayed rate is only for the initial purchase.
The exchange rate for subsequent purchases or for an initial purchase in a Recurring Buy you scheduled with a future start date may vary significantly and will not be displayed at the time the Recurring Buy is created. For additional information on Rates and fees visit PayPal Cryptocurrency Terms and Conditions.
How can I edit/update my recurring transaction?
A crypto user can create, edit, pause, or cancel their recurring purchases via the manage section on the crypto hub.
What funding sources am I able to use to buy crypto?
Customers can use their PayPal balance, bank, and debit card to buy crypto. Customers will not be able to use a credit card or their PayPal Credit.
Crypto can be volatile
We recommend doing your research and consideration for all actions (buy/sell/hold) before interacting with cryptocurrencies. This includes speaking to a tax and financial advice specialist.
You can find our Terms and Conditions and Acceptable Use Policy by clicking Legal at the bottom of any PayPal page.