You can send and receive cryptocurrency via PayPal by transferring it across your other wallets. Users can now move their bitcoin balances to other wallets and exchanges through online payment service PayPal. Since the launch of cryptocurrency on PayPal in March of last year, it "one of the most sought" features. This article will explain how to withdraw Bitcoin from PayPal.
Can U Withdraw Bitcoin From PayPal?
With the new feature, users can withdraw cryptocurrency to hardware wallets, third-party exchanges, and cryptocurrency addresses. Additionally, the new function enables users to add cryptocurrency to their PayPal accounts and send it to their loved ones.
These functions are applicable to the digital currencies that PayPal supports: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
Selected American users will have access to the function at first, and in upcoming weeks, all American consumers will also have access to it.
How To Withdraw Bitcoin From PayPal?
You are going to read the step-by-step guide on how to withdraw Bitcoin from PayPal:
- Register with PayPal.
-Enter the app's crypto section.
- Pick the coin you want to send. (Bitcoin in this case)
- Select the transfers button, which resembles two arrows flying apart.
- Choose Send.
- Perform one more ID verification.
- You will have the option of entering the other cryptocurrency app with a specific address or a QR code.
- Validate the transfer.
According to PayPal, any transfers will be subject to a blockchain network fee that is not levied by the company. So, this is all about how to withdraw bitcoin from PayPal.
