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I have been playing on draftkings with a stealth UK paypal account and now I want to cash out. I was looking at option and it looks like I can use a XAPO debit card to transfer the funds from paypal to my debit card.
Is that correct?
Quote
Can I link the Xapo Debit Card with my PayPal account?
You can indicate the Xapo Debit Card as a new payment card in your PayPal account.
Although you can technically use the "Withdraw from PayPal" function to top up your Xapo bitcoin wallet, please keep in mind the following:
1) As the Xapo Debit Card is exclusively a bitcoin debit card, when you use the "withdraw from PayPal" feature you are in effect purchasing bitcoins. Hence, the transaction will be treated as any standard bitcoin purchase via the Xapo platform, which means that corresponding commissions will be applied.
2) Due to the nature of the transaction, your bitcoin purchase via "withdraw from PayPal" arrives as a manual credit to be made to your wallet. This means that your bitcoins purchased via "withdraw from PayPal" will not be automatically processed. We process manual credits as soon as we can, but usually every 14 days. We will use a BTC price at the moment of the manual credit to determine the amount of bitcoin that should be credited to your account, and then apply any due commissions.
You can indicate the Xapo Debit Card as a new payment card in your PayPal account.
Although you can technically use the "Withdraw from PayPal" function to top up your Xapo bitcoin wallet, please keep in mind the following:
1) As the Xapo Debit Card is exclusively a bitcoin debit card, when you use the "withdraw from PayPal" feature you are in effect purchasing bitcoins. Hence, the transaction will be treated as any standard bitcoin purchase via the Xapo platform, which means that corresponding commissions will be applied.
2) Due to the nature of the transaction, your bitcoin purchase via "withdraw from PayPal" arrives as a manual credit to be made to your wallet. This means that your bitcoins purchased via "withdraw from PayPal" will not be automatically processed. We process manual credits as soon as we can, but usually every 14 days. We will use a BTC price at the moment of the manual credit to determine the amount of bitcoin that should be credited to your account, and then apply any due commissions.
It does suck that I have to wait 14 days to get my money but it's better then nothing!
