The truth about PayPal's crypto friendliness

The PayPal payment transfer platform was launched in 1998 and allows you to send and receive money online.

PayPal Crypto Adoption

Supported currencies by the PayPal

Is PayPal really Crypto-friendly?

Conditions are:

If you want to integrate crypto into your paying platform and make a payment app like PayPal, contact a mobile app development company now!

[{"selector":"#anim-289f8374-f8fb-498c-8846-8596cf0e7936","keyframes":{"transform":["translate3d(143.38236%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-7f8ff377-b135-4405-8015-312a0b813062","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Contact Us

The truth about PayPal's crypto friendliness

The PayPal payment transfer platform was launched in 1998 and allows you to send and receive money online.

PayPal Crypto Adoption

PayPal announced in Oct 2020 that it would integrate cryptocurrency into its ecosystem. As of today, 350 million PayPal accounts have gained access to crypto.

Supported currencies by the PayPal

1. Bitcoin 2. Ethereum 3. Bitcoin Cash 4. Litecoin

Is PayPal really Crypto-friendly?

The app does not support crypto storage but it added wallet support in June 2022. It is crypto-friendly but with a few restrictions.

Conditions are:

1. Compulsory KYC 2. W-9 Taxation form 3. No Lending 4. No staking feature 5. High transfer cost compared to exchange

If you want to integrate crypto into your paying platform and make a payment app like PayPal, contact a mobile app development company now!