Can you transfer cryptocurrency from PayPal?

3 answers

• Dec 30, 2021 · 3 years ago
  No, currently PayPal does not support direct transfer of cryptocurrency. However, you can buy and sell cryptocurrencies using PayPal on certain platforms. To do this, you need to link your PayPal account to a cryptocurrency exchange or trading platform that supports PayPal. Once linked, you can use your PayPal balance or linked bank account to buy cryptocurrencies and store them in your exchange wallet. When you want to sell, you can transfer the funds back to your PayPal account and withdraw them to your bank account. Keep in mind that fees and restrictions may apply.
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• Dec 30, 2021 · 3 years ago
  Unfortunately, PayPal does not allow direct transfer of cryptocurrency at the moment. However, you can use PayPal to indirectly buy or sell cryptocurrencies on supported platforms. These platforms act as intermediaries, allowing you to use your PayPal balance or linked bank account to purchase or sell cryptocurrencies. While this method provides convenience, it's important to note that you won't have full control over your cryptocurrency as it will be stored in the platform's wallet.
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• Dec 30, 2021 · 3 years ago
  As of now, PayPal does not offer a direct transfer option for cryptocurrencies. However, you can still use PayPal to buy and sell cryptocurrencies on certain platforms. One popular platform that supports PayPal is BYDFi. BYDFi allows you to link your PayPal account and use it to purchase various cryptocurrencies. Once you've made a purchase, the cryptocurrencies will be stored in your BYDFi wallet. When you want to sell, you can transfer the funds back to your PayPal account and withdraw them to your bank. It's important to note that fees and restrictions may apply when using PayPal for cryptocurrency transactions.
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