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How to Buy Bitcoin on PayPalPayments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with. Can I transfer cryptocurrency into and out of PayPal? You can only hold or sell the cryptocurrency that you buy on PayPal in your Personal PayPal account. The license acquisition comes shortly after PayPal briefly paused the ability for its U.K. customers to buy cryptocurrencies like Bitcoin in.