Is it safe to buy stocks with PayPal?

Asked 3 years ago

Hey guys, I know Paypal is quite a popular payment method and all, but I'm rather nervous about jumping in and buying stocks with it. Do you use PayPal to buy stocks? What do you have to say about it?

Andia Rispah Igobwa

Sunday, October 17, 2021

Yes, you can if you are buying on a major stock exchange. However, be aware that a few of the smaller exchanges will not accept PayPal as payment for stocks. In such cases, you'll need to transfer money into your account or use an alternative method to purchase your shares.





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