immediately withdrawal funds

tracyLynn3
New Community Member
If I deposit money from a crypto wallet into my PayPal acct, can I immediately transfer it to my bank acct on file? And if so, is there a fee? Thanks so much in advance! 😊
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1 REPLY 1

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@tracyLynn3 

 

You have the choice between the free ‘standard transfer’ or the 1% ‘instant transfer’.

 

Keep in mind that withdrawing from a crypto wallet to PayPal and then transferring to bank right away, may cause a random account review causing delays or worse. It’s recommended to withdraw direct to bank account from the crypto wallet. That way if your bank is doing a review, at least the funds are in your bank, not stuck at a third party (PayPal).


Kudos & Solved are greatly appreciated. 🙂
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