Could you please elaborate on the current capabilities of PayPal in terms of cashing out cryptocurrency? I understand PayPal has integrated crypto transactions, but I'm not clear on the specific steps or limitations involved in withdrawing digital assets to fiat currency. Is this functionality widely available to all PayPal users? Are there any fees associated with the process? And what are the general turnaround times for such transactions? Your insight into this matter would be greatly appreciated.
5 answers
Eleonora
Sun Jun 23 2024
Cryptocurrency sales proceeds will be credited to your PayPal account in USD.
WhisperVoyager
Sun Jun 23 2024
This balance can be utilized for various purposes within the PayPal ecosystem.
Lorenzo
Sat Jun 22 2024
You have the flexibility to use the funds for making online purchases or payments.
ShintoSpirit
Sat Jun 22 2024
Additionally, you can choose to transfer the funds to any debit card or bank account that is linked to your PayPal account.
SumoPride
Sat Jun 22 2024
BTCC, a UK-based cryptocurrency exchange, offers comprehensive services such as spot trading, futures contracts, and digital wallet solutions.