common-close-0
BYDFi
Trade wherever you are!
common-search-0

Can I transfer Bitcoin from PayPal to Coinbase?

avatarHjort CopelandJan 22, 2022 · 3 years ago3 answers

Is it possible to transfer Bitcoin from PayPal to Coinbase? I have some Bitcoin in my PayPal account and I want to move it to my Coinbase wallet. Can I do that directly or do I need to go through a different process?

Can I transfer Bitcoin from PayPal to Coinbase?
Bitcoin
PayPal
Coinbase

3 answers

  • avatarJan 22, 2022 · 3 years ago
    Unfortunately, you cannot directly transfer Bitcoin from PayPal to Coinbase. PayPal does not currently support Bitcoin withdrawals or transfers to external wallets. If you want to move your Bitcoin from PayPal to Coinbase, you'll need to sell your Bitcoin on PayPal and then withdraw the funds to your bank account. Once the funds are in your bank account, you can deposit them into your Coinbase account and buy Bitcoin again.
  • avatarJan 22, 2022 · 3 years ago
    No, you cannot transfer Bitcoin from PayPal to Coinbase. PayPal only allows you to buy, sell, and hold Bitcoin within their platform. If you want to transfer Bitcoin to Coinbase, you'll need to sell your Bitcoin on PayPal, withdraw the funds to your bank account, and then deposit the funds into your Coinbase account to buy Bitcoin again.
  • avatarJan 22, 2022 · 3 years ago
    While you cannot directly transfer Bitcoin from PayPal to Coinbase, there are alternative methods you can use. One option is to sell your Bitcoin on PayPal, withdraw the funds to your bank account, and then use a peer-to-peer trading platform to buy Bitcoin from someone who is willing to transfer it to your Coinbase wallet. Keep in mind that this method may involve additional fees and risks, so make sure to do your research and choose a reputable trading platform.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions