Transfer from a Fidelity brokerage account to pay pal account to buy digital currency

pshimker
Contributor
Contributor

Am I able to set up a transfer from a Fidelity brokerage account to my paypal account in order to buy digital currency?  

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@pshimker 

 

You can transfer money from PayPal to Fidelity but does not say anything about Fidelity to PayPal:

 

https://www.fidelity.com/cash-management/mobile-payments

 

I don’t recommend trying it anyway, it may cause account limitation, even permanent account limitation of your PayPal account.

 

Alternatively, just transfer out from Fidelity to a third party bank account that’s also linked to PayPal, then select the bank account as payment method to pay for the crypto at PayPal during checkout.


Kudos & Solved are greatly appreciated. 🙂

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@pshimker 

 

You can transfer money from PayPal to Fidelity but does not say anything about Fidelity to PayPal:

 

https://www.fidelity.com/cash-management/mobile-payments

 

I don’t recommend trying it anyway, it may cause account limitation, even permanent account limitation of your PayPal account.

 

Alternatively, just transfer out from Fidelity to a third party bank account that’s also linked to PayPal, then select the bank account as payment method to pay for the crypto at PayPal during checkout.


Kudos & Solved are greatly appreciated. 🙂
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