PayPal Users in the UK Can Buy, Hold and Sell Cryptocurrency

PayPal announced on Monday that customers in the United Kingdom will be able to buy, hold and sell cryptocurrency this week. Specifically, they can make transactions with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

According to the release, the move will facilitate secure, secure access to cryptocurrency and encourage users to research and learn about the opportunities and risks before making a transaction. With the PayPal website or mobile app, customers can not only see real-time prices but also access educational content to help them make informed decisions. They will choose from pre-determined purchase prices or enter their own and after selling cryptocurrency, “funds are usually immediately available to use in their PayPal account,” the company said. Read more about daily talk for trending news.

This is the first international expansion of PayPal’s cryptocurrency service outside the United States. The release suggests that this could help cryptocurrency become more common in the UK. “The pandemic has accelerated digital change and innovation across all aspects of our lives — including the digitisation of money and greater consumer adoption of digital financial services,” said Jose Fernandez da Ponte, Vice President and General Manager, Blockchain, Crypto and Digital Currencies at PayPal. Read more about Paypal Alternatives for High-Risk Business in 2021.

He added, “Our global reach, digital payment technology, and consumer and business knowledge, combined with strong control and compliance control gives us a unique opportunity, and responsibility, to help the UK people explore cryptocurrency. We are committed to continuing to work closely with UK regulators. , and globally, to offer our support – and play a significant role in creating a digital role for the future of digital finance and commerce.

PayPal announced last October that it would allow American customers to buy, hold and sell cryptocurrencies. In March this year, PayPal launched the “Checkout with Crypto” to enable U.S. customers to make purchases. Venmo, owned by PayPal, launched cryptocurrency services in April.

Frequently Asked Questions

Is buying cryptocurrency on PayPal safe?

Yes, PayPal employs advanced encryption and fraud detection tools to ensure secure transactions, making it a reliable platform for crypto purchases.

What cryptocurrencies can I buy on PayPal in the UK?

PayPal UK lists seven cryptoassets: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Solana, Chainlink and PayPal USD (PYUSD).

Are there fees for crypto transactions on PayPal?

PayPal charges a small transaction fee for buying or selling crypto, which varies based on the amount and market conditions.

Disclaimer: This guide shares general information only. It is not financial advice. Cryptocurrency prices and rules can change at any time. Check the official pages before you act. Asanpapa24 takes no role in decisions on this topic.

Last Updated: 6 November 2026