Does PayPal offer a crypto wallet?

Yes, PayPal does maintain a digital wallet for its clients. The outlet possesses a dedicated PayPal crypto wallet.

This allows you to buy, sell, and hold four types of cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

While you do not own the digital tokens you acquire on the website, it does enable you to pay for goods and services with these virtual currencies.

What is also beneficial about this new addition is that a growing number of exchanges and trading platforms are letting its users connect with their PayPal account, which has been a challenge in this market.