Coinbase To PayPal: Steps To Withdraw From Coinbase To PayPal
Since Coinbase added support for PayPal to its services, transferring funds from Coinbase to PayPal has become easy.
Also Read:- How to Buy Saitama on Coinbase Wallet
This new form of transfer isn't surprising since Coinbase is constantly innovating, adding new Coinbase listings and Coinbase Earn quizzes. With the PayPal app, users can withdraw funds from their Coinbase accounts easily and quickly.
Furthermore, withdrawals from Coinbase to PayPal are quick and users can get their funds instantly. Taking a closer look at how users can transfer their Coinbase funds to PayPal will help you understand how the process works.
Also Read:- How To Transfer Money From Coinbase To My Bank Account?
How To Withdraw From Coinbase To PayPal
The following steps must be followed in order to withdraw funds from your Coinbase account:
- Log into your Coinbase account and connect your PayPal wallet.
- To send funds to PayPal, users must convert their crypto to fiat first. It will first be necessary for users to access Coinbase's exchange service.
- You can sell your Coinbase assets by selecting Sell on your dashboard.
- Select the wallet that you will be using to send the .funds
- Click on the deposit option and select PayPal
- Use Coinbase to send the cryptocurrency amount you wish to your EUR or USD wallet (Note: a conversion fee will be charged for this transaction).
- Verify the details and click on the Confirm Sell option.
- Once the transaction is confirmed, go to the EUR/USD wallet, and click Withdraw.
- Select the amount that you wish to withdraw to PayPal and press confirm.
- You can check your PayPal account to see whether the funds were received after you confirmed the transaction.
Also Read:- Is Coinbase Wallet Safe?
How long does it take to withdraw from PayPal to Coinbase
You can cash out via SEPA to your bank account within 1-2 business days, according to Coinbase's website.
Coinbase To Paypal Withdrawal Fee
Users of Coinbase in the United States may make instant transfers to their Paypal account, and these transfers will move their funds instantly but will incur a fee of 3.75%.
In addition, PayPal charges 5% conversion fees for transactions that require funds to be converted before being transferred to an account.
Before moving the funds into a PayPal account, users must pay 5% of the conversion fee.
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