Which cryptocurrencies can be used to buy PayPal stock?
Rhys JohnstonDec 17, 2021 · 3 years ago3 answers
I'm interested in investing in PayPal stock and I've heard that cryptocurrencies can be used to buy stocks. Which cryptocurrencies are accepted by PayPal for purchasing their stock?
3 answers
- Dec 17, 2021 · 3 years agoYes, it is true that cryptocurrencies can be used to buy stocks, including PayPal stock. However, as of now, PayPal does not directly accept cryptocurrencies for purchasing their stock. They only accept traditional fiat currencies. So, if you want to invest in PayPal stock, you will need to use a fiat currency like USD or any other supported currency by the exchange where you are buying the stock from. Keep in mind that you can still use cryptocurrencies to invest in other stocks or assets on certain platforms that support cryptocurrency trading.
- Dec 17, 2021 · 3 years agoUnfortunately, PayPal currently does not accept cryptocurrencies as a form of payment for purchasing their stock. They only accept traditional fiat currencies. If you want to invest in PayPal stock, you will need to use a fiat currency like USD. However, there are other platforms and exchanges that allow you to use cryptocurrencies to invest in stocks. Make sure to do your research and find a platform that supports both cryptocurrencies and stock trading if you want to use cryptocurrencies for investing.
- Dec 17, 2021 · 3 years agoWhile PayPal itself does not accept cryptocurrencies for purchasing their stock, there are other platforms and exchanges that allow you to use cryptocurrencies to invest in stocks, including PayPal stock. One such platform is BYDFi, which supports both cryptocurrencies and stock trading. You can use cryptocurrencies like Bitcoin, Ethereum, or any other supported cryptocurrency on BYDFi to buy PayPal stock. Just make sure to create an account on BYDFi and follow their instructions for investing in stocks using cryptocurrencies.
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