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How to securely store cryptocurrency using a PayPal wallet?

avataralphaomegaskDec 18, 2021 · 3 years ago1 answers

What are the steps to securely store cryptocurrency using a PayPal wallet?

How to securely store cryptocurrency using a PayPal wallet?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Storing cryptocurrency in a PayPal wallet is a convenient option for many users. However, it's important to note that PayPal wallets are custodial wallets, meaning you don't have full control over your private keys. This introduces a level of risk, as you're relying on PayPal's security measures to protect your funds. It's always recommended to use a non-custodial wallet for maximum security and control over your cryptocurrency.