What is the daily receiving limit for PayPal in the cryptocurrency industry?
Dillon MathewsDec 15, 2021 · 3 years ago3 answers
What is the maximum amount of cryptocurrency that can be received daily through PayPal?
3 answers
- Dec 15, 2021 · 3 years agoThe daily receiving limit for PayPal in the cryptocurrency industry varies depending on the account type and verification level. For unverified accounts, the receiving limit is usually lower, typically around $500. However, for verified accounts, the limit can be higher, ranging from $1,000 to $10,000 or more. It's important to note that these limits are subject to change and may vary based on factors such as transaction history and account activity.
- Dec 15, 2021 · 3 years agoThe daily receiving limit for PayPal in the cryptocurrency industry is determined by various factors, including the account type, verification level, and transaction history. Generally, unverified accounts have lower limits, while verified accounts have higher limits. The exact limit can range from a few hundred dollars to several thousand dollars. It's recommended to check PayPal's official website or contact their customer support for the most up-to-date information on receiving limits for cryptocurrency transactions.
- Dec 15, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the daily receiving limit for PayPal in the cryptocurrency industry is $5,000 for verified accounts. This limit applies to all types of cryptocurrencies supported by PayPal, including Bitcoin, Ethereum, and Litecoin. It's worth noting that this limit may vary for different exchanges and may be subject to change based on PayPal's policies and regulations. It's always a good idea to stay updated with the latest information from PayPal and consult with your exchange or wallet provider for specific details regarding receiving limits.
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