Can bitcoin be transferred to PayPal account?
Ronald Do you want to sell your Bitcoins and receive funds via PayPal?
If your answer is yes, then here I’m sharing some of the best and working methods to sell your Bitcoins for Paypal money. You can convert your Bitcoin to USD and receive the funds via PayPal.
Visit here to exchange bitcoin to PayPal
Here are some of the supported and tested platforms that you can use today:
- Coinbase
- Paxful
- Localbitcoins
How to Sell Bitcoins for PayPal:
Here is how you can get started.
1. Coinbase:
Coinbase is the world’s most popular cryptocurrency exchange that lets you withdraw funds via PayPal. You can either withdraw cash to PayPal or sell crypto to your PayPal account. This feature is available in the selected region, and if your region is supported for PayPal payouts, you will see an option to connect your PayPal account to Coinbase account.
To get started,
- Head over to Coinbase. com
- Create an account and complete all identity verification steps
- Go to Settings > Linked Account and click on the link an account
- Select Paypal (If you see it) and connect with your PayPal account
Here are the limits imposed on PayPal withdrawal by CoinBase:
At this moment, the supported regions are mostly from the USA, Canada, UK, Europe, and a few other countries. If Coinbase doesn’t work for you, no need to lose your heart. Other websites let you sell Bitcoin for PayPal money. Let’s have a look at the second-best option.
2. Paxful:
Paxful is a popular digital currency exchange website. Here you can sell your Bitcoin for Paypal to other interested buyers. There is no minimum or maximum limit on Paxful.
To use the Bitcoin to PayPal feature, here is what you need to do.
- Head over to Paxful website
- Click on register and create an account
- Select “Sell bitcoin” and select PayPal as a medium.
- Select your country.
Pay attention to the buyer's reputation, and click on sell.
On the next page, select the amount, and you will be able to chat with a person who is willing to be your buyer.
Now, on the next page, you will see the order details:
Make the Bitcoin deposit, and within some time, you will receive funds to your mentioned PayPal address.
Paxful is one of the best ways to cash out your Bitcoins to PayPal.
3. Localbitcoins:
Localbitcoins is known as eBay of Bitcoin. This platform connects the buyer with the seller, and you have the option to sell your Bitcoins for PayPal money. The key is to find a reliable seller.
- Head over to Localbitcoins
- Click on Quick sell
- Now, select your currency, country, and Paypal as a payment option (See screenshot below)
The left column consists of the name of the seller, the number of successful transactions, and reputation. Another factor you want to consider is the price and limits. Some of the sellers offer a high selling limit, and some of them have a low limit.