Is it possible to use PayPal to send bitcoin?
Ahmad FaisalMay 02, 2022 · 3 years ago3 answers
Can I use PayPal to send bitcoin? I've heard that PayPal has started supporting cryptocurrencies, so I'm wondering if I can use it to send bitcoin directly?
3 answers
- May 02, 2022 · 3 years agoUnfortunately, you cannot directly send bitcoin using PayPal. While PayPal has recently announced support for cryptocurrencies, including bitcoin, it currently only allows users to buy, sell, and hold cryptocurrencies within their PayPal accounts. You cannot transfer cryptocurrencies to external wallets or send them to other individuals through PayPal.
- May 02, 2022 · 3 years agoNo, you cannot use PayPal to send bitcoin. PayPal's support for cryptocurrencies is limited to buying, selling, and holding them within their platform. You cannot send bitcoin or any other cryptocurrency to external wallets or other individuals through PayPal. If you need to send bitcoin, you'll need to use a dedicated cryptocurrency exchange or wallet.
- May 02, 2022 · 3 years agoAs of now, PayPal does not allow direct bitcoin transfers. While PayPal's recent integration with cryptocurrencies is a step forward, it's important to note that you can only buy, sell, and hold cryptocurrencies within your PayPal account. If you want to send bitcoin, you'll need to use a cryptocurrency exchange like BYDFi, which allows you to send and receive bitcoin to and from external wallets.
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