cancel
Showing results for 
Search instead for 
Did you mean: 

Sending Crypto From Paypal To External Wallet

mtmark101
Contributor

Sending Crypto From Paypal To External Wallet

I just recently purchased Litecoin with the intention of sending it to my personal Litecoin wallet.  I can't seem to find any option to do this.  There doesn't seem to be any options to do options to do this with any other coins like Bitcoin, i.e. sending Bitcoin to external Bitcoin Wallet.

 

If this is indeed the case, buying crypto at PayPal is little more than a very limited cash exchange that doesn't really even give you the opportunity to own crypto.  I hope that isn't the case.  I must be missing something here?  

 

Is there a way to send my crypto holdings to an external wallet?

10 REPLIES 10
Lancers32
Contributor

Re: Sending Crypto From Paypal To External Wallet

No you cannot. PayPal holds the cryptos and the keys. The coins stay with PayPal.

Lehtusbphree
Contributor

Re: Sending Crypto From Paypal To External Wallet

Same here I can't find anything to send to external wallet. It's almost like this is a simulation but with your money. I can't figure out how to sell. PayPal is lacking the buttons with next on them. I just tried to answer a survey and there was no continue button
BCCap
Member

Re: Sending Crypto From Paypal To External Wallet

You can only sell it and receive the funds $ in your PayPal account.
Lehtusbphree
Contributor

Re: Sending Crypto From Paypal To External Wallet

the only problem I have in right now with PayPal is selling the crypto there is no next button there is no sale button there is no button period that sells anything I'll let customer service know and they are having their programmers on top of it but not fast enough when crypto gets an all-time high I can't sell **bleep** and that **bleep** me off and this is the last time I will ever buy crypto off PayPal
Redsaucerob
New Community Member

Re: Sending Crypto From Paypal To External Wallet

This is tantamount to fraud. You’re not really selling crypto’s if you can’t transfer them to other parties. How do I get my fees back?!?
thegrazel
Contributor

Re: Sending Crypto From Paypal To External Wallet

If you hear anything on this, please let me know. I think this is garbage if we can't actually use them / shift them to an external wallet. I paid for it, so I should be able to do with it as I desire. QR code said "Having troubles with this code" and won't let me sent to the wallet.

Mikegoldcoin
New Community Member

Re: Sending Crypto From Paypal To External Wallet

I'm sorry but has no one from Paypal explained this very disconcerting limitation of our own property? how could this be? I want to transfer my crypto into my bulletproof wallet where it will remain safe under my full control. Are our coins insured for when Paypal gets hacked into, and everybody's wealth vanishes right off this platform? We need a good explanation and I hope you have a good case to support your reasoning. Paypal, please confirm you've heard our frustration. I don't want to be forced to sell and deposit into my bank account while losing money through transaction fees, and also risking a loss when repurchasing on another platform.

peretzrickett
New Community Member

Re: Sending Crypto From Paypal To External Wallet

This is like a scam, wth? PayPal, it's my crypto, not yours. This is a disgustingly deceitful practice.

Temp20210222
New Community Member

Re: Sending Crypto From Paypal To External Wallet

Sounds like there needs to maybe be a class action suit against them for how many people they have scammed with this. This is almost as bad as me finding out that facebook has been taking 1 dollar out of my account without permission. 1 dollar might not sound like much and its purposely done for that reason but think about how many Millions of people are having 1 dollar taken out of their account by facebook and waving it off like i did the first time or 2 i seen it. When I realized that facebook is stealing millions of dollars from people Just like that, taking 1 dollar from a million people I just called the secret service and reported it and I looked it up and sure enough their are alot of people that have been having this happen to them too. I couldnt believe it, but it is genius in a evil sort of way. Please call the secret service and report it as well if you have the 3 minutes it takes to do so. SOmething needs to be done about it.  Same here, I just paid 14 dollars to transfer 500 to this account to buy crypto and send it to my wallet, Something told me just to make sure I could do that before I spent the money on the crypto and found this thread. this is a shady deceitful and down right wrong illegal practice and you guys should band together and file a suit, Im sure their are thousands who have had this happen to them as well.