Here’s what you need to know
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Get up to speed on crypto
What exactly is crypto?
Claim Your $500 Worth of Bitcoin
Crypto is short for cryptocurrency. Many believe that crypto could one day be as commonly used as cash and credit.The crypto market never sleeps
It’s the only financial market that runs 24/7, 365 days a year. Since all cryptos are global currencies without borders, prices change every minute of every day.
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.
1 No transaction fee until 2022. When you buy or sell cryptocurrency, 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 that will apply after December 31, 2020 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 trading 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.
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