Nigerian politician pays $15K ransom in Bitcoin
22 Sep 2019
The post How To Sell Bitcoin for PayPal – Convert your Bitcoins to USD via PayPal (Instantly)
Do you want to sell your Bitcoins and receive funds via PayPal?
If your answer is yes, then here I’m sharing some of the best and working methods to sell your Bitcoins for Paypal money. You can Convert your Bitcoin to USD and receive the funds via PayPal.
Here are some of the supported and tested platforms that you can use today:
Here is how you can get started.
Coinbase is the world’s most popular cryptocurrency exchange that let you withdraw funds via PayPal. You can either withdraw cash to PayPal or sell crypto to your PayPal account. This feature is available in the selected region, and if your region is supported for PayPal payouts, you will see an option to connect your PayPal account to Coinbase account.
To get started,
Here are the limits imposed on PayPal withdrawal by CoinBase:
At this moment, the supported regions are mostly from USA, Canada, UK, Europe, and a few other countries. If Coinbase doesn’t work for you, no need to lose your heart. Other websites let you sell Bitcoin for PayPal money. Let’s have a look at the second best option.
Create an account on CoinBase
ChangeX is a popular digital currency exchange website. Here you can deposit Bitcoin and withdraw funds directly to your PayPal address. In a single transaction, you can convert Bitcoin worth $800. I know the limit is not high, but it works flawlessly.
To use the Bitcoin to PayPal feature, here is what you need to do.
Click on exchange
Now, on the next page, you will see the order details:
Click on Convert and the next page; you will get the Bitcoin deposit address.
Make the Bitcoin deposit, and within some time, you will receive funds to your mentioned PayPal address.
Changex is one of the best ways to cash out your Bitcoins to PayPal.
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. 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. Read the terms of the trade and make sure you can comply with them. For example, here are one Sell bitcoins using Paypal with US Dollar (USD) offer looks like:
Click on “Send trade request,” and then after that, you can start the transaction.
If you don’t have an account on Localbitcoins, then create one.
Create Localbitcoins account
For now, these are the best option for you to cash out Bitcoins to PayPal. As the Bitcoin adoption is increasing day by day, I’m expecting more similar high-quality services will come out in the near future. As soon as I find something worth sharing, you will get notified as well.
For now, if you have ever used any reliable service to convert Bitcoin into PayPal, do let me and others know by commenting below.
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