| """≫" """≫" - Just tap "Crypto" in the PayPal app to get started. | | | | | | Crypto goes mainstream with PayPal
| | PayPal makes buying crypto simple - get started with as little as $1. You can even check out with crypto on eligible purchases at millions of online stores that accept PayPal | | | | PayPal Cash or Cash Plus account required. Terms apply. | |  | Crypto and the power of PayPal | | |  | | Step 1 | | Buy, sell, and hold crypto – start with as little as $1 right in your PayPal Wallet* | |  | | Step 2 | | Learn about crypto with articles for beginners. | |  | | Step 3 | | Check out with crypto on eligible purchases at millions of online stores that accept PayPal. | | | | | | | | | | | | Get up to speed on crypto | | | | | What exactly is crypto? | | Crypto is short for cryptocurrency. Many believe that crypto could one day be as commonly used as cash and credit. | | | | What can you do with crypto? | | PayPal gives you more ways to pay for purchases when you check out with crypto. Now you can use Bitcoin, Ethereum, and other cryptocurrencies at millions of online stores. | | | | | | | Just like with other payment options, PayPal has your back with fraud protection and PayPal Purchase Protection on eligible purchases from millions of online stores where PayPal is accepted.1 | | | Checking out with crypto is a taxable transaction | | | | Because it's an asset, it will first be sold whenever you checkout with crypto and the cash will be used to pay the merchant. You have to report any gains or losses on the crypto sale on your taxes. PayPal will provide necessary 1099 forms when you sell cryptocurrency. | | | Understanding volatility and risk | | | | Crypto is considered volatile because of how much and how quickly its value can change. Like all currencies, there's potential for gains and losses. | | | | | Here's how to check out with crypto: | | |  | | Step 1 | | Shop online and select PayPal at checkout. (Make sure you've filled in your W-9 in advance so that we can use your crypto for the purchase.) | |  | | Step 2 | | On eligible purchases, PayPal will automatically make crypto available to you as a funding option, as long as you have enough crypto to pay in full at that time. | |  | | Step 3 | | If you choose to check out with crypto, PayPal will automatically convert it into USD or other currency at no additional fee.* No worries – we do it all for you. | | | | | | | | | | | | | Account Help Fees Privacy/Cookies Apps Shop | 1Available on eligible purchases. Limits apply. *When you buy or sell cryptocurrency, including when you check out with crypto, we will disclose an exchange rate and any fees you will be charged for that transaction. The exchange rate includes a spread that PayPal earns on each purchase and sale. For cryptocurrency fees, click here. Buying and selling cryptocurrency is subject to a number of risks and may result in significant losses. Please see our disclosure here for more details. PayPal does not make any recommendations regarding buying or selling cryptocurrency. Consider seeking advice from your financial and tax advisor. All custody of and buying and selling in cryptocurrency is performed for PayPal by its licensed service provider, Paxos Trust Company, LLC. Buying, selling, and holding cryptocurrencies is not regulated in many states, including the State of California. PayPal, Inc. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Buying, selling, and holding cryptocurrency with PayPal is not available in Hawaii and where prohibited by law. | | Google Play and the Google Play logo are trademarks of Google Inc.
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