How can I transfer funds from PayPal in the UK to a US-based cryptocurrency wallet?
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I am in the UK and I want to transfer funds from my PayPal account to a cryptocurrency wallet based in the US. How can I do that?
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1 answers
- Transferring funds from your PayPal account in the UK to a US-based cryptocurrency wallet is a straightforward process. Here's what you need to do: 1. Log in to your PayPal account and navigate to the 'Wallet' section. 2. Click on 'Link a bank account' and provide the necessary information for your US-based cryptocurrency wallet. 3. Once your bank account is linked, go to the 'Send & Request' section. 4. Choose 'Send money to friends and family' and enter the amount you want to transfer. 5. Select your linked bank account as the funding source. 6. Review the transfer details and confirm the transaction. 7. Click on 'Send Money' to initiate the transfer. It's important to note that PayPal may charge fees for international transfers and currency conversion. Make sure to review the fees and exchange rates before proceeding with the transfer.
Feb 19, 2022 · 3 years ago
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