Cryptocurrencies

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how send bitcoin on paypal

By linking a bank account, verifying identity, and enabling crypto services, you can conveniently send Bitcoin to external wallets and pay for purchases using the popular payment platform.

Oct 04, 2024 at 11:36 am

How to Send Bitcoin on PayPal

1. Create a PayPal Account:

Visit www.paypal.com and click on "Sign Up."
Choose "Create a Business Account."

2. Verify Your Identity:

Provide your personal and business information.
PayPal may require you to submit additional documentation for verification.

3. Enable Crypto Services:

Click on the "Settings" gear icon and select "Crypto."
Click on "Get Started" and follow the prompts to enable crypto services.

4. Add a Bank Account:

To withdraw Bitcoin funds, you will need to link a bank account to your PayPal.

5. Purchase Bitcoin (Optional):

You can purchase Bitcoin directly through PayPal by clicking on "Buy Crypto" and following the instructions.
The minimum purchase amount is $100.

6. Send Bitcoin to an External Wallet:

Click on "Send Crypto," select the "Send" option, and choose Bitcoin as the cryptocurrency.
Enter the recipient's Bitcoin address.
Specify the amount you want to send.
Review the transaction details and click "Send."

7. Pay for Goods and Services with Bitcoin:

When checking out on a merchant website that accepts PayPal, select the "Pay with Crypto" option.
Enter the merchant's PayPal email address.
Specify the amount you want to pay using Bitcoin.
Complete the transaction.

8. Withdraw Bitcoin Funds:

Click on "Withdraw Crypto" and select the "Withdraw" option for Bitcoin.
Enter your bank account details.
Specify the amount you want to withdraw.
Review the transaction details and click "Withdraw."

Note:

PayPal charges a fee for sending and receiving Bitcoin.
The minimum withdrawal amount is 0.001 BTC.
Withdrawals may take several business days to process.

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！

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