How long does it take to transfer Bitcoin to PayPal?

How long does it take to transfer Bitcoin to PayPal?

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Many exchanges support buying Bitcoin via PayPal. But mostly, these exchanges are based on peer-to-peer or customer-to-customer. On average, most exchanges that support buying and selling Bitcoin using PayPal process transactions within 8 hours. Although it might take up to 24 hours to process the transactions, different exchanges have different waiting periods.

As PayPal doesn’t directly support Bitcoin or any other cryptocurrency, it takes some amount of time for exchanges to transfer Bitcoin to PayPal. Although on July 22, 2020, it was announced that PayPal would be adding Bitcoin and other cryptocurrencies, it hasn’t been added to the platform yet. However, you can trade your bitcoin for cash transfer to PayPal with buyers at Localbitcoins.


Bitcoin to PayPal

Future of Bitcoin and PayPal

Whereas Bitcoin is based on blockchain technology, PayPal works on standard peer-to-peer transactions. In April 2018, the founding CEO of PayPal labeled Bitcoin as a bubble, a gamble, and speculative. But as PayPal had already partnered with BitPay, GoCoin, and others in 2014, there’s an excellent chance that PayPal will soon support Bitcoin


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