A stablecoin that holds steady value
Because it’s pegged to the US Dollar, PayPal USD (PYUSD) is made for stability. Buy, sell, hold, and transfer it in our app. Or convert it to buy other cryptocurrencies we support. Fees apply.2
A smarter way to use crypto
Your transactions and payments are encrypted. And we monitor activity and transactions across PayPal and millions of merchant sites to help protect and your account secure.2
Frequently asked questions
Crypto is considered volatile because of how much, and how quickly, its value can change. There's potential for gains and losses. Keep in mind that we can't protect you from losses as a result of market volatility. Transferring cryptocurrency on the blockchain is also risky and your crypto may be delayed or lost. Be sure to do your research and buy and sell carefully.
Crypto, short for cryptocurrency, is a form of currency that only exists in the digital space.
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.
There may be tax consequences when you sell, and in certain situations when you transfer, your Crypto Assets. We’ll provide 1099 tax forms, if necessary, when you sell cryptocurrency. You may need to report any gains or losses on crypto sales, including sales in connection with cryptocurrency conversions.
We support crypto transfers between Personal PayPal accounts. PayPal supports the buying, selling, holding, and transfer of cryptocurrency into and out of PayPal.
Here's how to use crypto at checkout:
- Select Checkout with PayPal.
- Enter your PayPal account information and select Log In.
- Select the crypto, review the terms and conditions, then click Got It.
- Review the exchange rate and select Sell (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or PayPal USD) to continue.
Visit our Help Center for more questions.
Crypto wallets act as a digital storage solution for users to hold and manage their cryptocurrencies.
- Log in to your crypto wallet.
- Tap Buy or Sell, then select ‘PayPal.’
- Enter the USD amount worth of crypto you want to buy, or crypto quantity you want to sell. You’ll be redirected to PayPal to log in.
- Review the transaction details and PayPal will manage the rest.