Is it possible to send Bitcoin from PayPal to another wallet and how?

3 answers

• Mar 06, 2022 · 3 years ago
  Yes, it is possible to send Bitcoin from your PayPal account to another wallet. However, PayPal itself does not directly support Bitcoin transactions. To transfer Bitcoin from PayPal to another wallet, you will need to use a third-party service or platform that allows you to link your PayPal account and facilitate the transfer. One popular option is to use a peer-to-peer trading platform like LocalBitcoins or Paxful, where you can find sellers who accept PayPal as a payment method. Once you find a seller and agree on the terms, you can initiate the transfer and provide your wallet address for the Bitcoin to be sent to.
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• Mar 06, 2022 · 3 years ago
  Unfortunately, PayPal does not have a built-in feature to directly send Bitcoin to another wallet. However, there are alternative methods you can use to achieve this. One option is to sell your Bitcoin on a cryptocurrency exchange that supports PayPal withdrawals, such as Coinbase or Kraken. Once you have sold your Bitcoin for fiat currency, you can withdraw the funds to your PayPal account and then transfer them to your desired wallet. Keep in mind that this process may involve additional fees and may not be as straightforward as using a dedicated Bitcoin wallet.
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• Mar 06, 2022 · 3 years ago
  As an expert from BYDFi, I can confirm that it is indeed possible to send Bitcoin from PayPal to another wallet. However, it requires a few extra steps compared to traditional Bitcoin transactions. You can use a service like xCoins, which acts as a platform connecting Bitcoin sellers and PayPal buyers. After completing the necessary verification process, you can select a seller, specify the amount of Bitcoin you want to purchase, and complete the transaction using your PayPal account. Once the transaction is confirmed, the Bitcoin will be sent to your designated wallet address.
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