
Selling Bitcoins for PayPal is a convenient way to convert your cryptocurrency into cash. You can sell your Bitcoins on popular exchanges like Coinbase, Binance, or Kraken, which support PayPal payments.
These exchanges offer a seamless experience, allowing you to quickly transfer your Bitcoins to your PayPal account. You can also use peer-to-peer marketplaces like LocalBitcoins or Paxful to find buyers who will pay you via PayPal.
With these platforms, you can sell your Bitcoins at a competitive price, and get paid fast, typically within a few hours or days.
Selling Bitcoins
To sell Bitcoins with PayPal, you'll need to tap "Sell" on the Crypto Landing screen of the PayPal app. This will initiate the selling process.
You'll be asked to confirm your tax information, which is a one-time requirement for first-time sales. This is a normal step in the process.
To complete the sale, simply enter the Sell Amount and tap "Next" to proceed.
How to Sell Bitcoins
Selling Bitcoins is a straightforward process, but you need to follow the right steps. Tap Your Crypto on the Home screen of the PayPal app.
To start, you'll need to select one of your existing Crypto holdings from the Crypto Landing screen. This will allow you to sell your Bitcoins.
Next, tap Sell to proceed with the transaction. Confirm that you have tax information up to date, as this is required for first-time sales.
You'll then need to enter the Sell Amount and tap Next to confirm. Finally, tap Sell Now to complete the sale.
It's worth noting that PayPal has specific requirements for account holders, such as confirming your identity and tax information through government-issued identification.
Selling Bitcoins
You can sell Bitcoins from your PayPal business account, but only if you're a U.S. merchant outside of New York State.
PayPal allows business account holders to sell cryptocurrency directly from their accounts, following the company's announcement in a press release on September 25.
To sell Bitcoins, you'll need to have a PayPal business account and be eligible to use the service.
The process of selling Bitcoins on PayPal is straightforward, and you can even send and receive supported cryptocurrency tokens to and from external blockchain accounts.
PayPal introduced a U.S. dollar-pegged stablecoin called PayPal USD in August 2023, which allows customers to fund purchases with PayPal USD by choosing it at checkout.
This feature makes it easier to convert any of the cryptocurrencies supported by PayPal to and from PayPal USD, giving users more flexibility and control.
The shift to digital forms of currencies is inevitable, bringing with it clear advantages in terms of financial inclusion and access, efficiency, speed, and resilience of the payments system.
By selling Bitcoins on PayPal, you can take advantage of these benefits and easily convert your Bitcoins to U.S. dollars or other supported cryptocurrencies.
Payment and Delivery
The money from selling your Cryptocurrency will be deposited in GBP in your PayPal balance. You can then use these funds to make purchases or transfer them to any PayPal-linked debit card or bank account.
The funds from selling crypto will be available in your PayPal balance within seconds. However, as with all transactions, crypto sales are subject to review, which could delay or stop the process if there's an issue.
How Long to Receive Cryptocurrency Sale Payments?
Receiving payments from selling cryptocurrency is a relatively quick process.
Funds from crypto sales are deposited in GBP in your PayPal balance.
The money will be available in your PayPal balance within seconds.
However, as with all transactions, crypto sales are subject to review, which could delay or stop the payment if there's an issue.
Once the funds are in your PayPal balance, you can use them to make purchases, transfer them, or deposit them into any PayPal-linked debit card or bank account.
Key Points
Payment and delivery systems have evolved significantly over the years, and here are some key points to consider:
Digital payment methods are becoming increasingly popular, with online transactions projected to reach $13.6 trillion by 2023.
The rise of e-commerce has led to a surge in demand for secure and efficient payment processing systems.
Mobile wallets are a convenient option for consumers, allowing them to make payments using their smartphones.

In the US, 75% of online shoppers use mobile devices to make purchases, highlighting the importance of mobile-friendly payment options.
Delivery options are also evolving, with same-day and next-day delivery becoming increasingly popular.
The average delivery time for online orders is 3-5 business days, but some retailers offer faster options for an additional fee.
Online returns are a major concern for consumers, with 67% of online shoppers saying they're more likely to return an item if they can do so easily.
Frequently Asked Questions
Does PayPal charge a fee for selling crypto?
No, PayPal does not charge a fee to sell Crypto Assets when you use crypto to checkout. However, a spread may apply, and you can find more details on fees and pricing on the PayPal Fees page.
Sources
- https://www.paypal.com/uk/cshelp/article/how-do-i-sell-my-cryptocurrency-with-paypal-help561
- https://www.paypal-community.com/t5/Wallet/How-to-sell-Bitcoins-with-Paypal/td-p/3039505
- https://www.pymnts.com/cryptocurrency/2024/paypal-business-account-holders-can-buy-hold-sell-crypto/
- https://www.coincola.com/buy-bitcoins-online/paypal
- https://www.ibtimes.com/heres-how-buy-sell-bitcoin-paypal-3081608
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