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How to Buy Bitcoin on PayPal17/09/21 Update: We are pleased to announce that all eligible PayPal account holders in the UK can now buy, hold and sell cryptocurrency. You can buy and sell in seconds and use the sales in your PayPal balance to fund transactions. To sell Cryptocurrency with PayPal on the app: Tap Finances. Here are the most common questions about buying, holding and selling cryptocurrencies with PayPal. What payment methods are allowed and what you can do with.