1/11/2024 0 Comments Paypal bitcoin![]() Dollar value of the crypto at the time of the unauthorized transfer). If the requirements of the terms are met, and PayPal determines that there was an unauthorized transfer of cryptocurrency out of your PayPal Balance account, PayPal will reimburse you for the unauthorized transfer in the form and quantity of the cryptocurrency that was transferred, up to a maximum lifetime cap of an equivalent of $50,000 USD (based on the U.S. Buying, selling, transferring, and holding cryptocurrency with PayPal is not available in Hawaii and where prohibited by law.Ä¢Reimbursement is subject to the terms, conditions and limitations. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Buying, selling, transferring, and holding cryptocurrencies is not regulated in many states, including the State of California. All custody of and buying and selling in cryptocurrency is performed for PayPal by its licensed service provider, Paxos Trust Company, LLC. Consider seeking advice from your financial and tax advisor. PayPal does not make any recommendations regarding buying or selling cryptocurrency. Please see our disclosure for more details. Learn more about cryptocurrency fees.Ä«uying and selling cryptocurrency is subject to a number of risks and may result in significant losses. The exchange rate includes a spread that PayPal earns on each purchase and sale. 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.
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