Yes, finally it's possible for anyone to buy litecoin with PayPal. Users can first link their Credit/Debit card to their paypal account, redeem paypal supported Gift Cards and even use their paypal balance and then spend the funds to get a hold of Litecoin (LTC) to join the cryptocurrency era.

PayPal is a mega digital payments company that has demonstrated a significant push into the cryptocurrency marketplace in recent times. The problem with buying litecoin through paypal, is that you dont actually own the litecoins you buy. PayPal doesnt allow you to withdraw, or use your cryptocurrency in any way, rather than selling them in exchange for their current market price.

Subsequently, users cannot transfer their LTC to personal digital wallets or move tokens to another wallet outside the PayPal system. One is limited to operating only on PayPal?s terms and how it controls the transfer of its assets.

PayPal has also a history of Freezing Accounts. It is not uncommon for centralized systems to freeze their users? accounts when they suspect transactional activities. In light of this, PayPal has an unpleasant history of freezing people?s accounts much to the annoyance of many. Business investors find it hard to keep up with their investments and have their companies up and running when they cannot access funds or facilitate payment of services using PayPal.