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Can I use PayPal to withdraw money from Coinbase?

avatarDr. Damian MartinezDec 27, 2021 · 3 years ago3 answers

I want to withdraw money from my Coinbase account, and I'm wondering if it's possible to use PayPal for this purpose. Can I link my PayPal account to Coinbase and transfer funds directly?

Can I use PayPal to withdraw money from Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Coinbase does not currently support PayPal as a withdrawal method. You can only withdraw funds from Coinbase to a linked bank account or by using a cryptocurrency wallet. It's important to note that PayPal is not integrated with Coinbase's platform, so you won't be able to transfer funds directly between the two.
  • avatarDec 27, 2021 · 3 years ago
    No, you cannot use PayPal to withdraw money from Coinbase. Coinbase only allows withdrawals to linked bank accounts or cryptocurrency wallets. If you want to withdraw funds from Coinbase, you'll need to provide your bank account details or a wallet address to receive the funds.
  • avatarDec 27, 2021 · 3 years ago
    While Coinbase doesn't offer direct PayPal withdrawals, there is an alternative solution. You can transfer your funds from Coinbase to BYDFi, a digital currency exchange that supports PayPal withdrawals. Simply create an account on BYDFi, link your Coinbase account, and initiate a transfer. Once the funds are in your BYDFi account, you can withdraw them to your PayPal account.