Can I use PayPal to buy cryptocurrencies and hold them for 180 days?

3 answers

• AFallowFellowFeb 21, 2021 · 4 years ago
  Yes, you can use PayPal to buy cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. However, PayPal's policies may vary depending on your location and the specific cryptocurrency you want to purchase. It's important to check PayPal's terms and conditions to ensure that buying and holding cryptocurrencies is allowed in your country. Additionally, keep in mind that PayPal may have certain restrictions or limitations on the amount of cryptocurrency you can buy or hold.
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• user23013816Feb 05, 2024 · a year ago
  Absolutely! PayPal has started allowing its users to buy and sell cryptocurrencies, including Bitcoin, through its platform. So, you can use your PayPal account to purchase cryptocurrencies and hold them for as long as you want, including a 180-day holding period. Just make sure to comply with PayPal's terms and conditions and any applicable regulations in your country regarding cryptocurrency transactions.
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• BifmarOct 16, 2022 · 3 years ago
  Yes, you can buy cryptocurrencies using PayPal and hold them for 180 days. However, it's important to note that PayPal's cryptocurrency services may not be available in all countries. Additionally, PayPal may impose certain restrictions or fees on cryptocurrency transactions. It's recommended to check PayPal's website or contact their customer support for the most up-to-date information on using PayPal for buying and holding cryptocurrencies.
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