Moving from Coinbase to PayPal

Hosdawg
New Community Member
Has anyone gone through this process? Do you need to sell all your Bitcoin at Coinbase in order to move everything over to PayPal? Would like to simply move the Bitcoin from Coinbase to PayPal without having to convert It to USD in the process.
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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Hosdawg 

 

Not possible to do that. PayPal is only letting you buy/sell/hold crypto within PayPal.

 

Can I transfer Cryptocurrency into and out of PayPal?
Currently, you can only hold the Cryptocurrency that you buy on PayPal in your account. Additionally, the Cryptocurrency in your account cannot be transferred to other accounts on or off PayPal.”

 

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398


Kudos & Solved are greatly appreciated. 🙂

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Hosdawg 

 

Not possible to do that. PayPal is only letting you buy/sell/hold crypto within PayPal.

 

Can I transfer Cryptocurrency into and out of PayPal?
Currently, you can only hold the Cryptocurrency that you buy on PayPal in your account. Additionally, the Cryptocurrency in your account cannot be transferred to other accounts on or off PayPal.”

 

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398


Kudos & Solved are greatly appreciated. 🙂
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rivetor
New Community Member

Whats the point in having bitcoin it all on paypal if you can basically do nothing with it expect win or lose money.

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