PayPal suspends user for crypto trading using PayPal’s own service
Cointelegraph
Published Nov 25, 2020 08:09PM ET
Updated Nov 25, 2020 09:40PM ET
A PayPal user reports their account has been restricted after they traded crypto too frequently using the platform.
According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating that it had permanently limited their account “due to potential risk.” The user said they had made at least 10 crypto transactions within a week, purchasing during dips and selling when the price was high, and PayPal had asked for an explanation for each transaction.
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Written By: Cointelegraph
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