Please read our Community Rules and Guidelines. I just recently purchased Litecoin with the intention of sending it to my personal Litecoin wallet. I can't seem to find any option to do this. There doesn't seem to be any options to do options to do this with any other coins like Bitcoin, i. If this is indeed the case, buying crypto at PayPal is little more than a very limited cash exchange that doesn't really even give you the opportunity to own crypto.
I hope that isn't the case.
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I must be missing something here? Paypal was my very first foray into crypto just a few months ago.
I was just getting my feet wet and a total noob. Still a total noob, but wiser now. At the time I bought it, I thought it would just be a pleasant way for me to watch a tiny investment grow over time, and maybe cash in some profits every now and then for coffee money.
Now I realize crypto is far more than just that, with the potential for enormous profits, and for the most part should be held and not spent on coffee. Now I'm waiting for the functionality to be added to PayPal, but it could be years, right? So thank God it was only a tiny amount of money. And any further transactions, if I decide to invest more, will be done on a proper, reputable exchange where I can transfer the coin OUT, and into a secure wallet.
If you hear anything on this, please let me know.
I paid for it, so I should be able to do with it as I desire. QR code said "Having troubles with this code" and won't let me sent to the wallet. I'm sorry but has no one from Paypal explained this very disconcerting limitation of our own property? While crypto buying is currently restricted to US PayPal customers, in the first half of , the features will roll out to "select international markets.
Crypto buying is already proving a popular option among PayPal users—so how do you get started? First things first: You need a PayPal account, obviously. The experience is broadly similar across the PayPal website and the PayPal app; for this walkthrough, we're using the website. Next, select the cryptocurrency you wish to buy.
Additionally, PayPal has provided resources to learn about cryptocurrency; it also lists the risks involved. Below the purchase option, PayPal includes a brief description of the asset being purchased. Next comes the fun part: buying Bitcoin.
We no longer support PayPal - However, we now support Advanced Cash
You can add other cards or bank accounts, at this point, too. After the purchase is complete, the account will be updated to reflect the amount of crypto purchased and the current value. Return to the home page and see your Bitcoin purchase under "crypto" with the option to buy and sell.
PayPal has included its fee chart and conversion spread for users to determine how much in fees they can potentially incur. It's worth noting that PayPal restricts users to holding crypto on its platform; it can't yet be transferred out of PayPal's digital wallet, other than to make purchases at which point it's converted into fiat at the point of sale.
P er PayPal's terms and conditions , "the crypto in your account cannot be transferred to other accounts on or off PayPal.
Exchange Bitcoin to PayPal
While that holds true at launch, it's unclear whether that feature will be added to at a later date—or what the impact will be on other services that enable crypto buying and selling through PayPal. Paxful is a popular digital currency exchange website. Here you can sell your Bitcoin for Paypal to other interested buyers.
There is no minimum or maximum limit on Paxful.
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To use the Bitcoin to PayPal feature, here is what you need to do. On the next page, select the amount, and you will be able to chat with person who is willing to be your buyer.
How to buy cryptocurrency with PayPal
Make the Bitcoin deposit, and within some time, you will receive funds to your mentioned PayPal address. Paxful is one of the best ways to cash out your Bitcoins to PayPal. Check out Paxful review to learn more about this growing platform. Localbitcoins is known as eBay of Bitcoin. This platform connects the buyer with the seller, and you have the option to sell your Bitcoins for PayPal money.
The key is to find a reliable seller. The left column consists of the name of the seller, the number of successful transactions and reputation.
Cryptocurrency on PayPal - FAQs
Another factor you want to consider is the price and limits. Some of the sellers offer high selling limit, and some of them have a low limit. Click on the price to read more info about the offer.