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how to receive bitcoin on paypal
Once your PayPal account is crypto-ready, share your Bitcoin wallet address with the sender to effortlessly receive the digital currency.
Oct 01, 2024 at 09:54 am
How to Receive Bitcoin on PayPal
Step 1: Create a PayPal Account
If you don't already have one, create a free PayPal account at www.paypal.com.
Step 2: Enable Cryptocurrency Feature
- Log in to your PayPal account.
- Click on "Settings" in the top-right corner.
- Under "Account Preferences," click on "Cryptocurrency."
- Turn on the "Enable Cryptocurrency" toggle.
Step 3: Add a Bitcoin Wallet
- Click on "Add a Wallet."
- Select "Bitcoin."
- Follow the on-screen instructions to create a Bitcoin wallet.
Step 4: Receive Bitcoin
Once you have a Bitcoin wallet set up on PayPal, you can receive Bitcoin by sharing your wallet address with the sender. The sender can use any Bitcoin wallet or exchange to transfer Bitcoin to your address.
Step 5: Withdraw Bitcoin
If you wish to withdraw your Bitcoin from PayPal, you will need to convert it to your local currency first.
- Go to the "Cryptocurrency" page.
- Click on "Sell" and enter the amount of Bitcoin you want to withdraw.
- Select your withdrawal method (e.g., bank transfer) and follow the prompts.
Additional Notes:
- PayPal charges a fee for both receiving and withdrawing Bitcoin.
- The minimum amount of Bitcoin that can be received or withdrawn is 0.0001 BTC.
- PayPal does not store your Bitcoin on its platform. Instead, it uses a third-party custodian for safekeeping.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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