Do you want to know how to Withdraw Bitcoin To Paypal? Well! It is one of the most common questions in the cryptocurrency market by retail users. Due to the tremendous growth of bitcoin, many people have started to invest in Bitcoin and use this cryptocurrency to make transactions. It may be extremely easy and convenient for the users. But, from the company’s perspective, making cryptocurrency payments are not an easy task.

Even though consumers often face some trouble finding the platforms that accept payments in the digital currency form, they will easily make the payments. So, cryptocurrency payments are somewhat beneficial for consumers. But, contrary to this, business owners do not see the advantage of such payments. But, the recent announcement of PayPal gives relief to the retail users.

PayPal has decided to add support for third-party wallet transfers. So, PayPal will allow its users to move cryptocurrencies out of PayPal and then into their private wallets. In other words, PayPal users will be able to send each other cryptocurrency or send it elsewhere outside of the app. This brilliant solution is also applicable to Venmo users, and thus they will withdraw the cryptocurrency from the app and send it to other wallets easily.

Continue reading to know the step-by-step instructions to withdraw bitcoin to PayPal effortlessly and quickly!

Integrate Coinbase And PayPal To Withdraw Bitcoin To PayPal

Before knowing how to Withdraw Bitcoin To Paypal, you must know about PayPal and Coinbase. Coinbase is the American-based cryptocurrency exchange platform becoming more popular for its various services. It has become the leading exchange platform with a high daily trading volume. Furthermore, since it has a friendly user interface, it helps the newbies in the crypto industry exchange various currencies at ease.

In addition, it guarantees safety and charges minimal trading charges. The platform always wants to set itself apart from other exchanges by making cryptocurrency transactions easy. It allows the users to withdraw funds from the platform and then transfer the same into their bank accounts within a few days. Coinbase eliminates the waiting time from days to minutes by adding several features.

Apart from these things, Coinbase lets you withdraw bitcoin or cash into your PayPal account quickly. Users will access the “Instant Transfer” feature to receive their funds instantly for a small fee. It is extremely convenient and better than withdrawing the cash from your Coinbase wallet into the bank. Before withdrawing bitcoin, you should add your PayPal account to Coinbase. Here are the steps to follow.

  • You should log in to your Coinbase account. Ensure you access the Coinbase wallet from your device browser because the wallet helps you perform this transaction.
  • Log in to your wallet and access your Coinbase wallet through your browser. After successful login, navigate to settings available at the top of the window.
  • Tab “linked accounts” in the settings and click “link a new account” to move forward.
  • Among the list of account options, choose “PayPal”. It will redirect you to the login page of PayPal. You have to provide your email and password to log in.
  • As soon as you enter into your PayPal account, you will redirect to the confirmation page, where PayPal will ask you to allow the Coinbase access to transfer money.
  • You should tap “agree” to link both accounts. After the successful linking of PayPal to your Coinbase account, you have to reach your Coinbase account.
  • Now, you will be able to withdraw funds from Coinbase to PayPal easily and quickly.

A Guide On How To Withdraw Bitcoin To Paypal

Are you thinking about how to Withdraw Bitcoin To Paypal? If yes, then you should follow these steps carefully. But, keep in mind that transferring crypto from your account to other accounts on PayPal is not possible. You should sell your cryptocurrency, such as bitcoin, on PayPal to withdraw it easily. It is the major reason for accessing the cryptocurrency exchange to get full control over your bitcoins.

At first, you should choose the “buy/sell” option on the Coinbase toolbar and choose to sell.
In the “Sell From” section, you have to choose the wallet from which you wish to transfer the funds.
Now, you should choose your PayPal account in the deposit section. Next, complete the verification of transaction details.
Press the “account” section from the toolbar to see the payment details further. If all the details are ok, then click the “confirm sell” option.
When you give all the details properly, the transfer will instantly reflect your PayPal account. In some cases, you need to wait for a few seconds.

Benefits Of Withdrawing Bitcoin To PayPal

Since Withdraw Bitcoin To Paypal instructions are simple and easy to follow, crypto users will not confront any troubles and hassles. They complete the crypto transactions in a short time and enjoy its benefits. If you are withdrawing bitcoin to PayPal for the first time, then integrating crypto exchange and PayPal consumes some time.

But, you will not require spending that much time on further transactions. You can use the sell option to withdraw the bitcoin of your choice to PayPal. So, it minimizes the hassles of withdrawing the bitcoin. PayPal is the best and leading destination to purchase and sell Bitcoin. As it processes deposits and withdrawals quickly, you will not require waiting for a few working days.

In the modern era, you can easily use bitcoins to make all your transactions. But, ensure you use the right platform, such as Coinbase and PayPal. Apart from helping make safe transactions, these platforms charge a minimal fee. So, you do not spend much from your pocket. In addition, it gives you enough convenience to complete the withdrawal procedure and grab the benefits of bitcoin quickly.
How to remove PayPal account from Coinbase

Unlinking your PayPal account from the Coinbase account is extremely simple and easier than linking both accounts. You can perform this operation through your Coinbase account. Here are the instructions to remove the PayPal account from Coinbase quickly.

  • Log into your Coinbase account
  • Navigate to settings at the bottom of the window
  • Press “linked accounts.”
  • Then, click the “remove” button placed next to your PayPal account
  • Press “remove” on the confirmation box, which will pop up

That’s enough! You have unlinked your PayPal and Coinbase accounts. If you need to link both accounts again, check out the steps mentioned in the previous section.

Closing Thoughts

In the initial days, the withdrawal of cryptocurrencies was a bit challenging. It also prevented numerous users from trying these digital currencies. But, over these years, many cryptocurrency exchange platforms have been established in the market and made it more reliable. It also gives peace of mind to crypto users.

PayPal has been an active and reputable platform for withdrawing money from the cryptocurrency exchange platforms. In this article, you will learn how to Withdraw Bitcoin To Paypal account. So, you will not worry about withdrawing your bitcoins anymore because PayPal makes it possible to withdraw cryptocurrency. Moreover, since cryptocurrency is allowed to integrate with major payment systems worldwide, you can make investments in crypto to grab tons of benefits.