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s it even possible to send crypto to an external wallet, I only get a very general error from paypal even thou i have bitcoin, have a valid bitcoin address to send to, have verified my personal info. Only get some general error message like "cannot do this transaction at this time" what a joke! I;m very experienced and am doing this all correctly and its obvious its a problem within paypal. So all said and done i got ripped off for fees having to sell my bitcoin back to cash and just use my current exchange. Utterly zero help from paypal and zero knowledge from customer service, that means zero chance that you have my business going forward. Thanx for no help with your services
Solved! Go to Solution.
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Other Instruments & Wallets
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Getting a "can''t transfer crypto" message. Can't get through to help on messaging bot or phone
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i am having this issue now. it has cost a fortune in fees and cannot send my crypto. just a error message. support keeps saying wait. well i have waited and still doesnt work. end of the line with paypal for sure
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The advised solution was a random rabbit hole. The elephant in the room here is that paypal puts a hold on your crypto funds at random times saying "they are doing this to protect your account" "try again in 48hrs". They are holding it for their own purposes. They don't give you a place to report it either. They don't even give you a message to notify you when this happens as they should. Will use my metamask through moonpay instead. Catch up paypal you are behind the game big time. I dont see how the above solution did anything. I got to the link and its just random info about paypal being pro crypto basic info. Nothing about secret holds on transfers as mentioned above. Let me be clear - these are SECRET HOLDS ON CRYPTO TRANSFERS.
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paypal holds your crypto funds for at least 48 hours most of the time im seeing. They say its for your security. Thanks big government bank for keeping my crypto secure FROM ME. Also, note the terrible responses from paypal mods that keep sending you to some stupid info page about crypto transfers. They need to add actual text on those pages at the top that says WE HOLD YOUR CRYPTO FOR 48HRS FROM EXTERNAL TRANSFERS. Many people would buy elsewhere if they knew that.
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i talked to a rep and they said its is official policy that paypal holds all debit card crypto purchases for 48 hrs before allowing a transfer out to another wallet address. Here's the catch, everytime you try to send it restarts the 48hr hold. Total garbage.
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