Seeking clarity: Understanding Paypal's Cryptocurrency Holding Policy.
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Could someone please provide a clear explanation of PayPal's policy regarding holding purchased cryptocurrency? I've encountered this issue multiple times despite being fully verified. Frustratingly, the duration of the hold seems uncertain, and it appears that PayPal only releases the funds when the value of the cryptocurrency is decreasing and falls below the purchase price. Initially, I thought the hold was due to bank clearance, but it seems this isn't the case. This situation raises concerns about potential fraudulent practices and adds weight to the skeptical views about PayPal's handling of customers' cryptocurrency. Currently, my latest purchase has been on hold for 5 days and is rapidly losing value. This shouldn't be happening, especially considering the significant fees we pay for these transactions.
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