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PayPal Crypto Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
PayPal Crypto logo
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit PayPal Crypto

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

PayPal Crypto represents a significant step by a mainstream financial services company into the digital currency space. It offers a straightforward option for PayPal users to buy, hold, and sell a selection of cryptocurrencies.

However, those looking for more in-depth cryptocurrency services or wider selections of coins may need to look to dedicated crypto exchanges. The integration of crypto purchases and sales within PayPal’s existing digital wallet system makes it an attractive entry point for newcomers to the cryptocurrency waters.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.


  • Seamless integration with existing PayPal accounts
  • User-friendly interface for beginners
  • Strong security measures for protecting funds
  • Instant transactions for buying and selling cryptocurrency
  • Backed by a well-established financial services company


  • Limited selection of cryptocurrencies available
  • Higher fees compared to specialized crypto exchanges
  • No option to transfer cryptocurrency to external wallets
  • Limited control over private keys
  • Restricted functionality compared to dedicated crypto platforms

Quick Summary

Headquarters Location International
Fiat Currencies Supported USD, AUD, GBP, EUR
Total Supported Cryptocurrencies 5+
Trading Fees 0% - 1%
Deposit Methods Bank Transfer, Debit Card, Credit Card
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

Welcome to our detailed exploration of PayPal Crypto, PayPal’s foray into the burgeoning world of digital currencies. As one of the leading online payment platforms, PayPal has made a significant move by integrating cryptocurrency services, which has undoubtedly caught the attention of both casual and seasoned crypto enthusiasts.

PayPal Crypto homepage

PayPal Crypto’s integration into the digital currency space is more than just a service extension; it’s a strategic manoeuvre within a rapidly evolving financial landscape. By leveraging its extensive user base and robust payment infrastructure, PayPal has positioned itself as a bridge between traditional finance and the emerging crypto economy.

This step reflects the shifting sentiments around cryptocurrencies, which are increasingly seen as both investment opportunities and potential elements of everyday financial transactions. As cryptocurrencies strive for mainstream adoption, platforms like PayPal Crypto play a crucial role in demystifying and simplifying digital currencies for the public at large.

About PayPal Crypto

PayPal’s journey into cryptocurrency began in October 2020 when it announced that its customers could buy, hold, and sell Bitcoin and other digital assets directly from their PayPal accounts. The company has since been enhancing its cryptocurrency offerings, aiming to make digital currencies more accessible to its vast user base.

The move by this well-established digital payments firm reflects the growing acceptance of cryptocurrencies as a legitimate financial ecosystem.

PayPal Crypto features

A confluence of global economic trends and a revolution in financial technology has culminated in PayPal embracing the world of cryptocurrencies. PayPal’s foray into this domain was not an impulsive leap but rather a calculated response to the growing demand for digital currencies, influenced by a broader shift towards decentralised finance.

This adoption can also be seen as part of a defensive strategy to remain relevant in a market where fintech startups and traditional financial institutions alike are racing to incorporate blockchain technology and crypto assets into their offerings. The increasing institutional investment in crypto markets, coupled with the endorsement from tech moguls and global organizations, has further legitimised the cryptocurrency sector, providing a conducive environment for PayPal to extend its services into this new frontier.

PayPal Crypto has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, TikTok and YouTube.

PayPal Crypto has a mobile app on both the Apple App Store and Google Play.

PayPal Crypto Supported Cryptocurrencies

PayPal Crypto supports trading on over 5 cryptocurrencies on their platform. This exchange currently supports 4 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Chainlink (LINK)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Toncoin (TON)
  • Shiba Inu (SHIB)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Immutable (IMX)
  • Cosmos (ATOM)
  • Bittensor (TAO)
  • Aptos (APT)
  • Filecoin (FIL)
  • Ethereum Classic (ETC)
  • Stacks (STX)
  • NEAR Protocol (NEAR)

View all cryptocurrencies PayPal Crypto supports

  • BCH
  • BTC
  • ETH
  • LTC

Trading Experience

PayPal Crypto presents a user-friendly interface that simplifies the trading experience. Its platform allows customers to buy, hold, and sell popular cryptocurrencies with ease.

The process integrates seamlessly with PayPal’s existing services to consumers, enabling a smooth transition for those new to the crypto market. However, it may not offer the advanced trading tools found on more specialised cryptocurrency exchanges.

PayPal has meticulously tailored its trading experience to cater to the needs of individuals who may be venturing into the crypto market for the first time. The seamless integration of crypto trading into the existing PayPal framework allows users to navigate the purchase, holding, and sale of cryptocurrencies without the need to grapple with the often daunting intricacies of advanced trading platforms.

While it may not include the sophisticated tools that cater to veteran traders, the platform’s trading experience is designed to be straightforward, offering a gentle introduction to the world of cryptocurrencies. This includes a clear presentation of the market price, transaction fees, and the rate between USD and the cryptocurrencies on offer, facilitating informed trading decisions for users.

PayPal Crypto exchange marketing

PayPal Crypto Fees

Understanding the fee structure of a cryptocurrency exchange is vital for users. PayPal Crypto employs a tier system where fees are based on the amount of cryptocurrency purchased or sold.

While specific numbers aren’t provided here, it’s important to recognise that fees can vary and may include charges like a spread on buy and sell transactions, as well as a transaction fee dependent on the quantity of crypto assets being traded.

The fee model adopted by PayPal Crypto is crafted to maintain transparency while navigating the often-complex pricing structures of the cryptocurrency market. The tiered approach to fees takes into account the variable nature of crypto trading volumes, providing a scalable solution that can adapt to the changing needs and activities of its customers.

This approach also underscores the balance PayPal seeks to strike—offering a service that is both accessible to the everyday user and sustainable as a business model in the volatile crypto economy. The decision not to disclose specific fee numbers can be attributed to the dynamic nature of the market, where constant fluctuations in value necessitate a flexible pricing strategy.

Type Fee
Deposit Fee (Bank Transfer) 0% - 5%
Deposit Fee (Credit/Debit Card) 2.90% - 5%
Trading Fee 0% - 1%
Withdrawal Fee (Bank Transfer) 0% - 1.75%

Security - Is PayPal Crypto Safe?

Security is paramount in the realm of digital assets, and PayPal Crypto places a strong emphasis on safeguarding users’ cryptocurrency holdings. In partnership with Paxos Trust Company, a regulated provider of cryptocurrency products and services, PayPal ensures compliance with relevant regulations and offers security measures to protect customer funds and transactions.

In the digital era, where data breaches and cyber threats are commonplace, PayPal Crypto’s security infrastructure is designed to instil confidence and ensure trust among its users. The strategic partnership with Paxos Trust Company allows PayPal to leverage specialised expertise in blockchain security and regulatory compliance.

This collaboration underscores the importance of meticulous oversight and the implementation of state-of-the-art security protocols. PayPal’s rigorous security review process, along with its commitment to user-level protections, reflects the company’s dedication to providing a safe trading environment.

The adoption of security measures such as two-factor authentication, real-time monitoring, and encryption technologies reaffirms PayPal’s resolve to protect its customers’ cryptocurrency holdings against the evolving threats in the digital asset space.

PayPal Crypto Customer Support

In the event of any issues, PayPal Crypto users can reach out to the customer support team. While the crypto service is integrated into PayPal’s broader platform, it benefits from the company’s well-established customer resolution center, which can guide users through any challenges they may face within the crypto feature.

At its core, the customer support structure for PayPal Crypto is built upon the robust foundation of PayPal’s legacy customer service. The support team is equipped to handle a range of queries, from troubleshooting technical issues to clarifying cryptocurrency terms.

Customers can initiate contact through multiple channels, such as email or a dedicated Contact customer service button, ensuring that assistance is readily available when needed. The customer resolution centre’s expertise in addressing concerns extends to crypto-specific queries, reflecting the company’s commitment to comprehensive support.

The support system is designed to be responsive and informative, providing the necessary guidance to navigate the complexities that may arise from cryptocurrency trading.

PayPal Crypto support

PayPal Crypto Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on PayPal Crypto

  1. Create Account - Visit the PayPal Crypto website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay

PayPal Crypto Alternatives

Binance logo


Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies

Trading Fees

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

Visit Binance
Kraken logo


Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies

Trading Fees
0.06% - 0.16%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo


Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

Engaging with PayPal Crypto offers customers a familiar interface through a trusted payment platform to interact with digital currencies. Its integration of crypto services provides a streamlined experience for those looking to dabble in this digital asset class without navigating the complexities of traditional cryptocurrency exchanges.

PayPal Crypto FAQs

Yes, PayPal charges a fee for buying, selling, and holding cryptocurrency. The fees can vary depending on the transaction amount and may be subject to change based on market conditions.

Buying Ethereum on PayPal can be convenient if you already use the platform for other transactions. However, it’s important to consider the fees, security measures, and features offered by PayPal compared to other cryptocurrency platforms.

Selling crypto on PayPal is designed to be straightforward. Users can sell cryptocurrency directly through the PayPal app or website, usually without having to navigate complex trading platforms.

Disadvantages of using PayPal for crypto include potentially higher fees compared to other exchanges, limited cryptocurrency selection, inability to transfer crypto assets out of PayPal to other wallets or exchanges, and restricted functionality such as lacking the ability to participate in the broader crypto ecosystem with things like decentralized finance (DeFi) apps.

As with any platform handling financial transactions, there are risks associated with using PayPal. These include security risks related to account breaches, fraud, and the overall volatility of the cryptocurrency market which affects the value of crypto held within PayPal.

PayPal imposes purchase and sale limits on cryptocurrency transactions which can vary depending on a user’s account level and other factors. These limits are subject to change and can be reviewed within the user’s PayPal account details.

It is possible to make money through appreciation in the value of cryptocurrency purchased on PayPal if you sell the crypto for more than the purchase price. However, the cryptocurrency market is highly volatile and there is also a risk of losing money.

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At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: