Is there any way to convert Bitcoins to my PayPal accont?
Harry a device for calls and has become an intelligent device that allows us to do countless things. The trend is that they implement more options and some of the most recent is payment by smartphone. Paying for coffee or grocery shopping is easy. Now we can also use the smartphone to quickly and easily convert our bitcoins into fiat money (Euros) using a traditional ATM.
As you say?
Bit2Me offers you the possibility to withdraw cash in thousands of traditional ATMs in a fast and easy way. Thanks to the integration that Bit2Me has developed with the Hal Cash network, we can use all the ATM's integrated into it to withdraw money wherever we are, without the need for a debit or credit card or a bank account: all you need is a bitcoin wallet.
Let's go with a video demonstrating the process:
Previous recommendations
Before explaining how to do the process, we want to make three important things clear:
Recommendation 1: We do not advise making the transaction from an exchange or exchange house, it is recommended to do it directly from our wallet for a clear reason: although the transactions made by the exchanges are confirmed in a few minutes normally, the issuance of the transaction is not made instantly when you place a withdrawal order on the exchange you use. This delay in sending the transaction can cause the time given in Bit2Me to receive the bitcoins and complete the operation to expire.
Recommendation. 2: You must know how to carry out a bitcoin transaction for the correct completion of a sale on Bit2Me. Especially you must know how to enter the destination address and the commission that is paid in every Bitcoin transaction so that it is validated and confirmed. You must bear in mind that the transaction commission (fee) always runs from the person who sends the money, in this case, the Bit2Me user who sends bitcoins to the platform.
Recommendation 3: It is extremely important that you mark an optimal commission that allows you to validate the block in ten minutes. To find out what the optimal commission is at the time you make the transaction you can consult the Bitcoin Fees website or read this explanatory article of our Knowledge Base.
You should know that some wallets do not give the option of entering a certain value and what they offer are margins, in this case, we recommend setting it to 'High priority' or a similar option.