how to send money from paypal to binance wallet

By linking your verified PayPal account with a Binance account, you can seamlessly transfer funds between the two platforms, allowing you to purchase cryptocurrencies with ease.

Nov 01, 2024 at 03:52 pm

How to Send Money from PayPal to Binance Wallet

Binance is one of the world's largest cryptocurrency exchanges, and PayPal is a widely used online payment platform. By linking your PayPal account to Binance, you can easily transfer funds between the two platforms.

Prerequisites:

• A Binance account
• A PayPal account with a verified bank account or credit/debit card
• Step 1: Link PayPal to Binance

1. Log in to your Binance account and click on "Wallet" in the top menu.
2. Select "Fiat" and then "Deposit."
3. Choose "PayPal" as the payment method.
4. Enter the amount you want to deposit.
5. Click on "Connect PayPal."
6. You will be redirected to PayPal's website. Log in and follow the prompts to authorize the connection.

Step 2: Select the Currency and Destination Wallet

1. After linking PayPal, select the currency you want to deposit from PayPal.
2. Choose your Binance wallet where you want to receive the funds.

Step 3: Confirm the Deposit

1. Review the details of the deposit, including the amount, currency, and destination wallet.
2. Click on "Confirm."
3. Your deposit will be processed within around 24 hours.

Step 4: Fund Purchase

1. Once the deposit is complete, you can use the funds to purchase cryptocurrencies on Binance.
2. Navigate to the "Markets" section and select the cryptocurrency you want to buy.
3. Enter the amount you want to purchase and select "Buy."
4. Your order will be executed, and the purchased cryptocurrency will be credited to your Binance wallet.

Additional Tips:

• PayPal charges a small transaction fee for deposits, typically ranging from 0.5% to 3.5%.
• The maximum deposit amount from PayPal varies depending on your account verification status.
• You can also withdraw funds from Binance to PayPal using the same process.
• Ensure that your PayPal and Binance accounts are properly verified to avoid any potential delays or restrictions.