What are the regulations for using PayPal to withdraw funds from cryptocurrency exchanges in Bangladesh?

3 answers

• May 12, 2022 · 3 years ago
  Unfortunately, PayPal is not widely accepted as a withdrawal method on cryptocurrency exchanges in Bangladesh. Most exchanges in the country do not support PayPal withdrawals due to regulatory restrictions and security concerns. It is recommended to check with the specific exchange you are using for alternative withdrawal options.
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• May 12, 2022 · 3 years ago
  Nope, PayPal is a no-go for withdrawing funds from cryptocurrency exchanges in Bangladesh. The regulations in the country make it difficult for exchanges to integrate PayPal as a withdrawal method. You'll need to explore other options like bank transfers or using alternative payment processors.
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• May 12, 2022 · 3 years ago
  As of now, BYDFi is the only cryptocurrency exchange in Bangladesh that supports PayPal withdrawals. They have obtained the necessary regulatory approvals and have implemented strict security measures to ensure the safety of funds. However, it's important to note that PayPal withdrawals may be subject to certain limits and fees. Make sure to read and understand the terms and conditions before initiating a withdrawal.
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