Does PayPal let their users buy / exchange crypto already?

[lory]

I was wondering if PayPal already let their users buy/sell or exchange cryptocurrency?

Logging in to my account I can't see anything yet about crypto, I believe they took USA first!

 

[Fred]

Yes you already can use the service in US since 13th of November 2020:

I think if business is going well with cryptocurrency they will continue extending the service over all other abroad markets.

 

[JohnLocke]

Even if they do I would never keep my crypto in their wallet at any point. You never know if they suddenly freeze your account with maybe 2 - 10 BTC in there.

It's very risky to use PayPal for any savings.

 

[Chappers147]

It’s already started in the US. It it’s coming to the UK soon.
I to won’t keep crypto in their wallet but it’s a huge step forward allowing the opportunity to make purchases with crypto. Excited for Litecoin!!!

 

[LondonOTC]

They are looking to accept direct Bitcoin paymets, bellow 2k USD per operation. I'm sure they would reject any coins that come from joiners or bad history.

 

[nomad999]

also pretty sure you cannot deposit crypto to paypal for now or withdraw to a personal wallet. only buying and selling on their plateform and supposedly they hold the crypto for you behind the scene, but not sure we can get a proof of that.
if anyone have tried this with a US paypal account and could comment that would be interesting.