PayPal ties entries to activity on its crypto platform. The company promotes the event across its official channels as a seasonal campaign and as part of a wider push into digital assets and its PYUSD stablecoin.
PayPal account holders can enter the crypto giveaway by buying at least $1 of supported cryptocurrencies during each weekly sweepstakes period. Supported assets include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Chainlink (LINK), and Bitcoin Cash (BCH). Each qualifying purchase generates one entry, with a cap of 10 entries per week.
The PYUSD stablecoin does not qualify for entry, even though it sits at the center of PayPal’s broader digital asset strategy. New users must open a personal PayPal account, register on the , and complete a qualifying crypto purchase. Their name and email must match the information on their PayPal profile.
PayPal also offers a no-purchase route. US users can mail in a handwritten 3-inch x 5-inch card with their details and the phrase “PayPal Crypto Sweepstakes” to the specified address in Georgia. The organizer must receive these entries by 11:59:59 p.m. PST on December 23, and photocopies do not qualify.
Winners receive notifications by email within ten working days after each draw. Tier 1 winners must complete additional identity and eligibility verification. Tier 2 and Tier 3 winners receive unique codes that direct them to an online verification form. Failure to respond within five working days may lead to disqualification and reassignment of the prize.
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