PayPal Lets Users send Bitcoin and Ethereum to External Wallets. PayPal is finally offering a long-demanded feature that will let users move their crypto to external wallets and hardware devices. The company has said that it will now allow users to transfer cryptocurrencies including bitcoin to external wallets. (Similar post: What Car Companies Are Accepting Cryptocurrency As Payment In 2022?)
The feature will be available to select U.S. users starting on Tuesday and will be rolled out to all eligible U.S. customers in the coming months, the San Jose, California-based company said. PayPal started allowing customers to buy, sell and hold bitcoin, Ethereum, bitcoin cash, and litecoin in October 2020. But users were not allowed to move crypto holdings off its platform earlier. (Similar post: How To Transfer Funds Between Your Coinbase Pro And Coinbase Accounts)
Are you looking for how to send Bitcoin from PayPal to External Wallet? You can do so within a few minutes. Just Log in to your PayPal account > Enter the crypto section > Select the Bitcoin crypto from the list of cryptocurrencies > Hit the transfer button > Send > Complete the verification steps > Enter the External wallet address > Confirm the transaction. These are the simple steps that you need to follow for learning how to send Bitcoin from PayPal to External Wallet. We will discuss them in more detail later.
How To Send cryptocurrency From PayPal To External Wallet?
Wondering how to send Bitcoin from PayPal to External Wallet? It is easy to do so. To know how to send Bitcoin from PayPal to External Wallet, you need to log in to your PayPal account > Enter the crypto section on your screen > Select the crypto you want to send > Transfers button > Send button > Complete additional ID Verification if any > Enter the External Wallet address > Check out the Network fee and other details > Confirm and press Send.
These are the short steps on how to send Bitcoin from PayPal to External Wallet. Let us find out the steps in more detail for learning how to send Bitcoin from PayPal to External Wallet. (Similar post: Opera Crypto Browser Now Available On All IOS Platforms )
Step 1: Log In To Your PayPal Account
The first step to understanding how to send Bitcoin from PayPal to External Wallet is to launch the PayPal app. Open the app and then log in to your PayPal account. Fill in the details and log in to your account. Open the crypto section after you have logged in. Select the Bitcoin crypto from the list of cryptocurrencies available. Move to the next step after completing this step.
Step 2: Complete The Details
The next step after selecting Bitcoin from the list is to press the Transfers button. Then, press the Send button for transferring the crypto to an external wallet. Complete the additional ID verification steps if needed. It will only be required once per user. Now, you need to enter the address of the external wallet where you want to transfer your bitcoins. Copy the address and paste it into the required field. Head toward the next step after completing this one.
Step 3: Confirm The Transaction
This is the final step. Once you have pasted the wallet address, you can check out the network fees after pressing the Send button. Check for all the other details and see if everything is fine or not. If everything seems correct, you can head toward sending your Bitcoins from PayPal to an external wallet. Press the Confirm button and complete the transaction.
This is the entire procedure on how to send Bitcoin from PayPal to External Wallet. You can also follow this step-by-step guide and send your Bitcoins from PayPal to an external wallet. Isn’t it easy to send Bitcoin? If you follow this procedure step-by-step, you will find it easy and can send Bitcoin within a few minutes from your PayPal account to an external wallet. Don’t forget that PayPal does have a network fee that is needed to be paid by users for carrying out transactions and sending cryptocurrencies from PayPal to an external wallet.