Cryptocurrency Q&A
Why does PayPal hold crypto?
Why does PayPal hold crypto?
mia_rose_painter
Thu Feb 27 2025
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6
answers
1805
I've heard that PayPal now offers cryptocurrency services, and I'm wondering why they would choose to hold crypto. What are their reasons for getting into this market? Is it just for the potential profits, or are there other strategic considerations?
6 answers
TaekwondoMasterStrengthHonor
Sat Mar 01 2025
Cryptocurrency sales may experience a temporary hold when conducted via bank transfer.
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KimonoGlory
Sat Mar 01 2025
This hold signifies that the funds being transferred from your bank have yet to clear in the initial purchase transaction.
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Luigia
Sat Mar 01 2025
The reason for this delay is to ensure that the outstanding amount has been properly processed and verified.
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StormGalaxy
Fri Feb 28 2025
Once the outstanding amount has cleared, the temporary hold on the funds will be lifted.
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OliviaTaylor
Fri Feb 28 2025
It is important to note that not all sell transactions will necessarily be subject to this hold.
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