Is it possible to withdraw fiat money from Binance to a PayPal account?
Nino LambertDec 18, 2021 · 3 years ago3 answers
Can I transfer my fiat money from my Binance account to my PayPal account?
3 answers
- Dec 18, 2021 · 3 years agoUnfortunately, Binance does not currently support direct withdrawals of fiat money to PayPal accounts. However, you can withdraw your fiat money from Binance to a bank account and then transfer it to your PayPal account. Keep in mind that there may be fees and additional steps involved in this process. It's recommended to check with your bank and PayPal for more information on the specific requirements and fees involved in transferring funds between these accounts.
- Dec 18, 2021 · 3 years agoNope, you can't withdraw fiat money from Binance to PayPal directly. You'll need to go through a bank account as an intermediary. It's a bit of a hassle, but it's the only way to get your funds from Binance to PayPal. Just make sure to check the fees and processing times for both Binance and your bank to avoid any surprises.
- Dec 18, 2021 · 3 years agoAs of now, Binance does not offer direct fiat withdrawals to PayPal accounts. However, there are alternative methods to transfer your funds. One option is to withdraw your fiat money from Binance to a bank account and then use a service like BYDFi to transfer the funds from your bank account to your PayPal account. Keep in mind that using third-party services may involve additional fees and risks, so it's important to do thorough research and consider the security of the service before proceeding.
Related Tags
Hot Questions
- 66
What is the future of blockchain technology?
- 59
How can I minimize my tax liability when dealing with cryptocurrencies?
- 55
How can I protect my digital assets from hackers?
- 45
What are the best digital currencies to invest in right now?
- 39
What are the advantages of using cryptocurrency for online transactions?
- 37
What are the tax implications of using cryptocurrency?
- 33
How does cryptocurrency affect my tax return?
- 20
Are there any special tax rules for crypto investors?