[Expired] [YMMV] PayPal: Buy $100 In Cryptocurrency & Get $25 Reward

Deal has ended, view more PayPal deals by clicking here.

Update 4/29/22: $100/$25 reward deal is back again until June 25, 2022

The Offer

Direct links to offers | $25 reward | $10 reward

  • PayPal is offering a reward of $10 or $25 when you purchase $50 or $100 in Cryptocurrency

Our Verdict

Not sure what sort of Crypto rates PayPal is offering, but my guess is that they won’t be that attractive. Probably still worth doing this deal if you’re eligible though.

Hat tip to readers Sammy L, Misha K & myi

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Alias Mathias
Alias Mathias

Took about 4 biz days to get the email confirming the bonus, while it appears in the past others got it instantaneously. Did deal around 5/3. Was worried as I would add the offer to my account, get confirmation it was added, but then would still show up as an available offer yet to be added.

OST

Sorry. This is an exclusive offer for selected customers.
0/4

SkinnyElvis
SkinnyElvis

I got the bonus after buying $100 in bitcoin after a few days. Didn’t read the terms well so was expecting it as cash in my account but it’s a $25 credit when you purchase something. I sent myself an Uber eats gift card to cash it out.

ray
ray

I and my friends never got the bonus. Do not recommend to try

Morgan
Morgan

Just got the $25 bonus and saved to profile. Bought and have not had the bonus post immediately as others have said. Any other DPs?

Edit: I bought Bitcoin cash — not sure if that is a problem or not

Lance

Same here. Never received the bonus. Bought two days ago.

Alex 🔗

“Sorry. This is an exclusive offer for selected customers.”

Drew$$
Drew$$

What are the fees for selling the $100 crypto when you want to convert back to USD.

Chris paynter
Chris paynter

I think I’ve already done this deal in past times for all three of my Paypal accounts. Is anyone who took advantage of it before getting the deal again?

DEAN
DEAN

I got the offer. Do I do it, or not? Don’t know anything about crypto. It gives me the choice of 4 cryptos – Bitcoin, Ethereum, Litecoin and Bitcoin Cash, so I’m already confused.

Chris paynter
Chris paynter

It’s worth doing even if you don’t know or care about crypto. Buy $100 of crypto (any of them, doesn’t matter) get the extra $25 worth, immediately exchange the whole lot of it for cash, profit. About the only risk is that in the seconds between buying and selling, the price drops more than, say, 20% which even in wacky crypto markets seems unlikely. YMMV.

ctj
ctj

if you resell it shortly after you buy, there will be little change in price. keep in mind that paypal charges a $2.50 transaction fee on each end (so $5 total).

worst case, you’ll net roughly $15, plus the added aggravation of dealing with paypal’s stupid csv tax form net year.

Dean
Dean

Thanks for the advice. I’m all gung-ho for my $20-$25 payday, and had “saved” the offer, but I don’t know where it “saved to.” Guess I’ll wait for the promo offer to reappear at some point.

Information Booth
Information Booth

I was targeted for the $25 offer…checked my mom’s account for her and she was not. When I signed into her account…she was targeted
for $6 to be added to her account. The offer stated that only accounts with a balance were eligible for this promo. She hasn’t used her account in years…I’m guessing that may have had something to do with it as well. WWJD

Tim L
Tim L

Just got a $25 reward offer after spending $25 in crypto. Limited to the first 48,000 people to save the offer, so you might want to move fast.

Free crypto? Sign me up.

Link: https://www.paypal.com/us/webapps/mpp/enroll/crypto/buy25get25

vc
vc

Remember that the fee-free transactions end in 2020. They now have the rates posted, so look at their fees and determine if you need to move your crypto from their site free of charge before the new year https://www.paypal.com/en/webapps/mpp/paypal-fees

Purchase or sale amount Fee
1.00 – 24.99 USD 0.50 USD
25.00 – 100.00 USD 2.30%
100.01 – 200.00 USD 2.00%
200.01 – 1000.00 USD 1.80%
1000.01 USD + 1.50%