1 min read · May 26, 2023
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The time it takes to transfer money from Coinbase to PayPal depends on several factors, such as the type of currency, the amount of money, and the location of the user. Here are some general guidelines based on the information available online:
- If you want to transfer fiat currency (such as USD, EUR, GBP, or CAD) from Coinbase to PayPal, you need to first sell your crypto assets on Coinbase and convert them to cash. Coinbase charges a 1% fee for this service. Then, you can withdraw your cash to your linked PayPal account for free using an ACH transfer in the US or a SEPA transfer in Europe. These transfers usually take 1–3 business days to complete.
- If you want to transfer cryptocurrency (such as Bitcoin, Ethereum, or Litecoin) from Coinbase to PayPal, you need to generate a crypto wallet address from your PayPal account and send your coins from Coinbase to that address. However, this option is only available for non-US residents and for a limited number of cryptocurrencies. The transfer time may vary depending on the network congestion and the confirmation speed of the blockchain.
