One of the biggest cryptocurrency exchanges, Binance is praised for enabling cross-channel cryptocurrency transfers while keeping a continual supply of new listings for customers to browse and buy and sell.
Users are looking for ways to transfer money to PayPal, though, as the company has opened up more crypto services. Users of Coinbase and Binance are both interested in transferring funds from Coinbase to PayPal. This is how consumers can send cryptocurrency from Binance to Paypal.
To transfer crypto from Binance to PayPal, a user must follow the instructions mentioned below:
And that’s it! You should be able to then check your PayPal wallet and, after the transaction has processed, see your assets on the site.
Of course, you can then choose to withdraw your crypto from PayPal, although if you want to cut out the middleman (and fees), then you can just withdraw from Binance.
To transfer fiat from Binance to PayPal, users must follow the instructions mentioned below. Note that you’ll need to transfer your cryptocurrency into fiat currency before starting this process, too.
Yes, you can. PayPal does allow its users to send crypto from PayPal accounts to other wallets and exchanges. To do so, a user must:
As per Binance, the exchange does incur a withdrawal fee for moving funds out of the exchange to any other platform.
The fees are calculated based on several external factors.
Those factors include network congestion, amount of funds extracted, etc.
“Withdrawals rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion.” As stated by Binance
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire
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