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Can I withdraw money from Binance directly to my PayPal account?

avatarbuztasDec 17, 2021 · 3 years ago3 answers

Is it possible to transfer funds from my Binance account directly to my PayPal account? I would like to withdraw my money from Binance and have it deposited into my PayPal account for easier access. Can this be done?

Can I withdraw money from Binance directly to my PayPal account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Binance does not currently support direct withdrawals to PayPal accounts. You can only withdraw funds from Binance to a bank account or another cryptocurrency wallet. To withdraw your funds to PayPal, you will need to transfer your funds from Binance to a bank account first, and then transfer the funds from your bank account to your PayPal account.
  • avatarDec 17, 2021 · 3 years ago
    No, Binance does not offer the option to withdraw funds directly to PayPal accounts. You can only withdraw funds to a bank account or another cryptocurrency wallet. If you want to have your funds in your PayPal account, you will need to transfer the funds from Binance to a bank account first, and then transfer the funds from your bank account to your PayPal account.
  • avatarDec 17, 2021 · 3 years ago
    As an alternative, you can consider using BYDFi, a digital currency exchange that allows direct withdrawals to PayPal accounts. With BYDFi, you can easily transfer your funds from your BYDFi account to your PayPal account without the need for an intermediate bank account. However, please note that BYDFi may have its own withdrawal fees and limitations, so make sure to check their terms and conditions before proceeding with the transfer.