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Is it possible to transfer Bitcoin from my PayPal account to a different address?

avatarOguz CoskunDec 17, 2021 · 3 years ago3 answers

I am wondering if it is feasible to transfer Bitcoin from my PayPal account to a different address. Can I directly send Bitcoin from my PayPal wallet to another Bitcoin address? Or do I need to go through a different process? I would appreciate any insights or guidance on this matter.

Is it possible to transfer Bitcoin from my PayPal account to a different address?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, PayPal does not currently support direct transfers of Bitcoin to external addresses. You can only buy, sell, and hold Bitcoin within your PayPal account. If you want to transfer Bitcoin to a different address, you'll need to withdraw it from your PayPal account to a supported external wallet first, and then send it to the desired address. Make sure to check the withdrawal fees and processing times before initiating the transfer.
  • avatarDec 17, 2021 · 3 years ago
    Nope, you can't transfer Bitcoin from your PayPal account to a different address directly. PayPal's Bitcoin service is limited to buying, selling, and holding Bitcoin within their platform. If you want to send Bitcoin to a different address, you'll need to withdraw it from PayPal to an external wallet, and then you can send it wherever you want. It's an extra step, but it's the only way to transfer Bitcoin to a different address from your PayPal account.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can confirm that it is not possible to transfer Bitcoin directly from your PayPal account to a different address. PayPal only allows you to buy, sell, and hold Bitcoin within their platform. To transfer Bitcoin to a different address, you'll need to withdraw it from PayPal to a compatible external wallet first. From there, you can send it to any Bitcoin address you desire. Keep in mind that transaction fees and processing times may vary depending on the wallet you choose.