Wednesday 23 December 2020

r/CryptoCurrency - PayPal Removes Cryptocurrency FAQs from Website

PayPal has removed the Crypto FAQ from their website. The FAQ has been removed, but is saved on Archive.org.

The Discover Crypto page is sill live, but I have been unable to access any crypto functions within my logged in account.

The original FAQ stated:

We announced that PayPal users in the U.S. can buy, sell and hold select Cryptocurrencies directly through PayPal using their Cash or Cash Plus account. Users will be able to learn about Crypto, track crypto prices, all without leaving the PayPal app. We plan to introduce this service to Venmo in 2021.PayPal also announced that it will enable Cryptocurrency as a funding source for purchases in 2021, allowing users to use their Cryptocurrency holdings to make purchases at its network of more than 26 million merchants. Once launched in 2021, when a consumer selects Cryptocurrency as the funding source, the Cryptocurrency will be instantly converted to fiat currency and the transaction will be settled with the PayPal merchants in fiat currency.

0 votes and 3 comments so far on Reddit



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https://www.reddit.com/r/CryptoCurrency/comments/kj3xds/paypal_removes_cryptocurrency_faqs_from_website/

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