How do I transfer my Crypto?
PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges.
Here is how to transfer to an external BTC address or PayPal
customer:
- Go to the Finances tab.
- Tap your crypto balance.
- Tap the Transfer arrows.
- Tap Send.
- If you want to sync your PayPal contacts so that you can send them crypto, tap Sync Your Contacts.
- Tap OK to allow PayPal to access your contacts.
- Be sure to send it to the right recipient. Crypto sent to the wrong address will be lost.
- You can put an exact amount of a cryptocurrency to send if you know it
- Or you can enter a dollar amount. We’ll calculate approximately how much crypto is worth the amount you entered and send that amount of crypto. The dollar value of your sent crypto will change over time, so it could be worth more or less by the time the recipient gets it.
Here is how to receive a cryptocurrency by sharing your PayPal destination address:
- Go to the Finances tab.
- Tap your crypto balance.
- Tap the Transfer arrows.
- Tap Receive.
- Choose which coin you want to receive, for example, BTC
- Your QR code & Bitcoin address will appear.
- You can either Copy or Email the address.
We’ll let you know by email when you receive crypto. You can always view the transfer status within your Activity.
Keep in mind:
- Only Bitcoin should be sent to this address. Crypto sent to the wrong address type (for example, BTC versus BCH) will be lost.
- Each time you receive BTC, your address will change for privacy reasons. But each new address will be permanent and able to receive crypto.