Can I withdraw money from a bitcoin wallet to PayPal?

How to start your exchange from Bitcoin to PayPal (USD)

1. Start your exchange by entering the Bitcoin amount you want to exchange into US dollars on your PayPal account
2. Enter your PayPal email address
3. Click “Start exchange” and send your coins to the unique Bitcoin address provided to you
4. After we receive your coins we will send the USD to your PayPal account

All PayPal accounts in the world can receive US dollars. Afterwards you can easily make a withdrawal to your local bank account directly from your PayPal account in your local currency.

visit here to convert bitcoin to visa

How we handle your deposit and payout

When you start an exchange on Evonax, we generate a unique deposit address where you can deposit your BTC. When our system receive the agreed amount of BTC, we start the exchange process. Paypal orders are completed within 2-3 days and often within only a few minutes or hours.

If we not are able to complete the exchange, or you transfered a wrong amount of BTC, we will contact you by email, on the email you inputted as your Paypal email.

If we are not able to contact you, and you do not contact us - in case we can't complete the exchange - we will cancel the exchange and send back the deposited BTC, minus original exchange fee, within 2-3 days.

PayPal and Bitcoins facts

• PayPal has 162 million active digital wallets and is available in 203 countries
• PayPal support more than 25 currencies and we handle all exchanges USD
• PayPal was inveted 1998 and Bitcoin was inveted in 2009
• PayPal helps people and businesses accept and make payments in more than 100 different currencies
• The Bitcoin market cap are today more than 6,405,390,911 USD
• The Bitcoin trading volume within 24 hours is more than 67,719,700 USD
• The bitcoin technology is based on the blockchan while PayPal is based on normal peer-to-peer transactions

What happens if my money is put on hold by PayPal?

Sometimes PayPal puts the money on hold after receiving the money. Please follow the guideline in this case:

Early release is available only by buyer confirmation, and that becomes possible 48 hours after the transaction. Please make sure to update order status in order to enable confirm button for us.

Here’s how to add your tracking information or change the order status:

1.Log in to your PayPal account.

2.Click Activity at the top of the page.

3.Find the transaction you would like to update, then click on the dropdown list in the 'Actions' column next to it.

4.Click Get your money in the dropdown list.

5.Select Service or Virtual Product.

6.Click Submit.