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How to Cashout Bitcoin Using a Verified PayPal Account

6 months ago Read time: 12min
how to cashout bitcoin using a verified paypal account

HOW TO CASHOUT TO CRYPTO FROM A VERIFIED PAYPAL ACCOUNT

A Step-by-Step Guide

Want to turn your digital assets into cold, hard cash? This guide will walk you through the process of cashing out your cryptocurrencies, like Bitcoin, Ethereum, and Litecoin, using a verified PayPal account.

Step 1: Verify Your PayPal Account

Ensure that you've purchased a PayPal account with completed crypto verification. This will allow you to buy and sell cryptocurrencies seamlessly.

Step 2: Log In and Check Your Balance

Log in to your purchased PayPal account and check your balance. Make sure you have sufficient funds to cover your intended Bitcoin purchase. You can also link additional payment methods, like PayPal Linkables, to your account.

Step 3: Confirm Crypto Verification

Navigate to the cryptocurrency section within your PayPal account. Check for notifications or labels indicating that your account is crypto-verified. If not, contact our support team for assistance.

Step 4: Access the Crypto Platform

Once your PayPal account is verified for cryptocurrency transactions, you can access the crypto platform. Look for a section labeled “Crypto” or something similar.

Step 5: Purchase Bitcoin

  1. Select Bitcoin: Choose Bitcoin from the list of available cryptocurrencies.
  2. Enter the Amount: Specify the amount of Bitcoin you want to buy.
  3. Confirm the Purchase: Review the transaction details and confirm the purchase using your PayPal balance or a linked payment method.

Step 6: Review and Confirm

Before finalizing your Bitcoin purchase, carefully review the transaction details. Ensure the amount of Bitcoin and the corresponding PayPal balance deduction are correct. Accept the terms and conditions to proceed.

Step 7: Transfer to Your Wallet

  1. Access the Withdrawal Section: Go to the "Withdraw" or "Transfer" section of the cryptocurrency platform.
  2. Enter Your Wallet Address: Provide the address of your external Bitcoin wallet.
  3. Confirm the Transfer: Review the transfer details and confirm the transaction.

Step 8: Verify the Transaction

Check your external Bitcoin wallet to confirm the successful receipt of the Bitcoin. Remember, blockchain transactions can take some time to process.

Congratulations on Your Successful Bitcoin Cashout!

You've successfully converted your Bitcoin to real-world currency. 

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