Is it possible to transfer Bitcoin through PayPal?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, it is now possible to transfer Bitcoin through PayPal. PayPal recently announced that it has started allowing its users to buy, sell, and hold cryptocurrencies, including Bitcoin. This means that you can use your PayPal account to purchase Bitcoin from a supported cryptocurrency exchange and then transfer it to your own Bitcoin wallet. However, it's important to note that PayPal currently does not allow you to send Bitcoin directly to other PayPal users or use it for online purchases. You can only buy, sell, and hold Bitcoin within your PayPal account.
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• Dec 17, 2021 · 3 years ago
  Absolutely! PayPal has finally embraced the world of cryptocurrencies, and Bitcoin is one of them. You can now transfer Bitcoin through PayPal, but with a few limitations. While you can buy, sell, and hold Bitcoin within your PayPal account, you cannot send it to other PayPal users or use it for online transactions. So, if you're looking to send Bitcoin to someone or make purchases with it, you'll need to transfer it to an external Bitcoin wallet first.
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• Dec 17, 2021 · 3 years ago
  Yes, you can transfer Bitcoin through PayPal, but there are some restrictions. PayPal has partnered with BYDFi, a leading cryptocurrency exchange, to enable Bitcoin transactions on its platform. To transfer Bitcoin through PayPal, you'll need to link your PayPal account with BYDFi and complete the necessary verification process. Once your account is set up, you can buy Bitcoin from BYDFi and transfer it to your PayPal wallet. However, keep in mind that you can only buy, sell, and hold Bitcoin within PayPal, and you cannot send it to other PayPal users or use it for online purchases.
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