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Author Topic: Can Paypal cash be sent over to Coinbase ? ?  (Read 199 times)
clover12 (OP)
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February 21, 2019, 08:34:46 PM
 #1

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?
LTU_btc
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February 21, 2019, 09:44:41 PM
 #2

No, you can't deposit to Coinbase using PayPal. They only allow to withdraw to PayPal in some countries:
Quote
Currently, customers are only able to use PayPal to withdraw or sell, and transaction availability depends on region. Coinbase does not support the ability to purchase digital currency using your PayPal account.
https://support.coinbase.com/customer/portal/articles/2959952-paypal-faq

jossiel
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February 21, 2019, 10:50:18 PM
 #3

As mentioned, you can't.

But if you want to send funds to your coinbase account, you should trade or look for a specific service that accepts PayPal fund that allows you to convert it into bitcoin.

What you will do is PayPal->P2P or another exchange->Coinbase.
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February 21, 2019, 11:06:17 PM
 #4

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?

You can also link your Paypal account into Bank and do the deposit from there on Coinbase. (Vary per country)

Just a reminder that not all banks supported crypto transactions so you might want to review it and also check the terms on Coinbase about banks deposits.


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February 21, 2019, 11:09:53 PM
Last edit: February 22, 2019, 08:49:41 PM by BitMaxz
 #5

Are you planning to buy bitcoins with PayPal?
There are some alternative websites where you can buy bitcoins through Paypal.

- https://www.virwox.com/
Cons: high fees and high exchange rate

- https://www.etoro.com/
Cons: For non-US countries only and the exchange rate is high

- https://paxful.com/
Cons: P2P and the exchange rate is high.

Since Coinbase doesn't support Paypal payment to buy bitcoin then this list of sites would be a good as alternative.

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Velkro
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February 21, 2019, 11:40:20 PM
 #6

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?
No and for good reason. Its fraud city with Paypal. People chargeback payments even 6 months after they sent. So you buy bitcoins, spent them then after some time you request chargeback with paypal.
This happened too many times to anyone would offer that service and many went bankrupt. Some still try as mentioned above but with huge commision.
clover12 (OP)
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February 22, 2019, 03:50:36 PM
 #7

Ok thanks for replyings.  I only have small amount in my Pay pal but not using it ever.So thought to just send it over to binance.  OH well  Wink Wink Wink Wink Wink thnx
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February 22, 2019, 06:26:42 PM
 #8

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?
No and for good reason. Its fraud city with Paypal. People chargeback payments even 6 months after they sent. So you buy bitcoins, spent them then after some time you request chargeback with paypal.

This makes sense . PayPal can reverse transactions. However, they can just give you a negative balance if they consider someone is doin some fraud or whatever

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solarion
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February 22, 2019, 07:04:16 PM
 #9

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?

Nope you cannot able to do that. Then first Coinbase should be accept the trading option for your geographical region. Please check to the coinbase support to utilize the trading option least.
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February 22, 2019, 07:20:31 PM
 #10

Please check to the coinbase support to utilize the trading option least.

S/he would need to first transfer fiat and exchange it for some cryptocurrency, and then convert that to BTC or any top coin of their choice, then transfer that to coinbase
Alternative op could explore other exchanges which allows direct PayPal deposit.

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February 22, 2019, 07:22:48 PM
 #11

Please check to the coinbase support to utilize the trading option least.

S/he would need to first transfer fiat and exchange it for some cryptocurrency, and then convert that to BTC or any top coin of their choice, then transfer that to coinbase


You are funny, your explanation may not help him. Even I know to say the same thing what said here. That is the way you do that. You need to explain with full step by step or ask the person to write or check their information board.
Hope you will not repeat such explanation to anyone.
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February 23, 2019, 12:52:47 AM
 #12

I have some funds in my old Paypal account. Can I ship those Paypall dollars over to my coinbase account somehow??

Is that working?
I think you can convert your paypal in market that accept paypal. But, it need some fees maybe 5-15%
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February 23, 2019, 11:44:58 AM
 #13

S/he would need to first transfer fiat and exchange it for some cryptocurrency, and then convert that to BTC or any top coin of their choice, then transfer that to coinbase
Alternative op could explore other exchanges which allows direct PayPal deposit.
You just made it more complicated when you can withdraw the money from paypal if paypal doesn't support trading your money to bitcoin. I hope that coinbase have many options to deposit your money to coinbase then you can buy bitcoin anytime you want. I donvt know the op's country but try reading this https://support.coinbase.com/customer/en/portal/topics/796531-payment-methods/articles. The paypal can be linked into coinbase but you can't link if it's not available in your country.
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