how send bitcoin on paypal

By linking a bank account, verifying identity, and enabling crypto services, you can conveniently send Bitcoin to external wallets and pay for purchases using the popular payment platform.

Oct 04, 2024 at 11:36 am

How to Send Bitcoin on PayPal

1. Create a PayPal Account:

• Visit www.paypal.com and click on "Sign Up."
• Choose "Create a Business Account."

2. Verify Your Identity:

• Provide your personal and business information.
• PayPal may require you to submit additional documentation for verification.

3. Enable Crypto Services:

• Click on the "Settings" gear icon and select "Crypto."
• Click on "Get Started" and follow the prompts to enable crypto services.

4. Add a Bank Account:

• To withdraw Bitcoin funds, you will need to link a bank account to your PayPal.

5. Purchase Bitcoin (Optional):

• You can purchase Bitcoin directly through PayPal by clicking on "Buy Crypto" and following the instructions.
• The minimum purchase amount is $100.

6. Send Bitcoin to an External Wallet:

• Click on "Send Crypto," select the "Send" option, and choose Bitcoin as the cryptocurrency.
• Enter the recipient's Bitcoin address.
• Specify the amount you want to send.
• Review the transaction details and click "Send."

7. Pay for Goods and Services with Bitcoin:

• When checking out on a merchant website that accepts PayPal, select the "Pay with Crypto" option.
• Enter the merchant's PayPal email address.
• Specify the amount you want to pay using Bitcoin.
• Complete the transaction.

8. Withdraw Bitcoin Funds:

• Click on "Withdraw Crypto" and select the "Withdraw" option for Bitcoin.
• Enter your bank account details.
• Specify the amount you want to withdraw.
• Review the transaction details and click "Withdraw."

Note:

• PayPal charges a fee for sending and receiving Bitcoin.
• The minimum withdrawal amount is 0.001 BTC.
• Withdrawals may take several business days to process.