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Is it possible to add funds to my Binance account using PayPal?

avatarBusk TravisDec 17, 2021 · 3 years ago3 answers

I would like to know if it is possible to deposit funds into my Binance account using PayPal. Can I link my PayPal account directly to Binance and transfer funds? What are the steps involved in adding funds to my Binance account using PayPal?

Is it possible to add funds to my Binance account using PayPal?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to add funds to your Binance account using PayPal. Binance recently introduced the option to link your PayPal account directly to your Binance account, allowing you to transfer funds easily. To add funds using PayPal, you need to go to the 'Funds' section on Binance and select 'Deposit'. From there, choose PayPal as your deposit method and follow the instructions to complete the transaction. Please note that there may be fees associated with using PayPal on Binance, so make sure to check the fee schedule before proceeding.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Binance does not currently support PayPal as a deposit method. You can only deposit funds using cryptocurrencies or other supported payment methods. However, Binance is constantly updating and adding new features, so it's possible that PayPal may be supported in the future. In the meantime, you can explore other payment options available on Binance to add funds to your account.
  • avatarDec 17, 2021 · 3 years ago
    As of now, Binance does not directly support PayPal as a deposit method. However, you can use a third-party service like BYDFi to deposit funds from your PayPal account to your Binance account. BYDFi acts as an intermediary, allowing you to transfer funds between PayPal and Binance. Simply sign up for an account on BYDFi, link your PayPal and Binance accounts, and follow the instructions to transfer funds. Keep in mind that using third-party services may involve additional fees and risks, so make sure to do your research and exercise caution.