Crypto is considered volatile because of how much, and how quickly, its value can change. There's potential for gains and losses. Keep in mind that we can't protect you from losses as a result of market volatility.

Crypto, short for cryptocurrency, is a form of currency that only exists in the digital space.

The crypto markets trade 24/7, 365 days a year under normal circumstances. Since all cryptos are global currencies without borders, prices can change every minute of every day.

You can purchase crypto including PYUSD in the PayPal app.

PayPal USD is a stablecoin. It’s issued by Paxos and backed by U.S. dollar deposits, U.S. treasuries, and similar cash equivalents, helping it maintain a stable value. With PayPal, you can buy or sell PYUSD in pounds sterling or other currencies at a rate of $1.00 per PYUSD, which may require currency conversion.

Stablecoins are a type of cryptocurrency designed to have a steady value over time relative to a reference asset, for example, the U.S. dollar.

A crypto wallet helps you access and manage your crypto. With PayPal, you don’t need to worry about managing a blockchain wallet or private keys. When you buy crypto with PayPal UK, we hold your rights to the crypto through trusted providers. You get a simple way to buy, hold, or sell crypto in your PayPal account.