How can I withdraw funds from PayPal to Mpesa using cryptocurrency?
Guido TesiNov 24, 2022 · 3 years ago3 answers
I want to withdraw funds from my PayPal account to Mpesa using cryptocurrency. Can someone guide me on how to do it?
3 answers
- Andrew LeonardOct 19, 2023 · 2 years agoSure! To withdraw funds from PayPal to Mpesa using cryptocurrency, you'll need to follow these steps: 1. Find a cryptocurrency exchange that supports PayPal withdrawals and Mpesa deposits. Some popular exchanges include Binance, Coinbase, and BitPesa. 2. Create an account on the chosen exchange and complete the necessary verification process. 3. Deposit your PayPal funds into the exchange by linking your PayPal account and initiating a transfer. 4. Once your funds are in the exchange, convert them into the desired cryptocurrency, such as Bitcoin or Ethereum. 5. Withdraw the cryptocurrency to your Mpesa account by providing your Mpesa wallet address. 6. Wait for the transaction to be processed, which may take some time depending on network congestion and exchange policies. 7. Once the transaction is complete, you should see the funds in your Mpesa account. Please note that fees and exchange rates may apply during the conversion and withdrawal process. It's always a good idea to compare rates and fees across different exchanges to ensure you're getting the best deal.
- Chinaya BanarasAug 23, 2024 · a year agoHey there! Withdrawing funds from PayPal to Mpesa using cryptocurrency can be done, but it involves a few steps. First, you'll need to find a cryptocurrency exchange that supports PayPal withdrawals and Mpesa deposits. Once you have an account on the exchange, you can link your PayPal account and transfer your funds into the exchange. From there, you can convert your funds into cryptocurrency and withdraw it to your Mpesa account. Just make sure to double-check the exchange rates and fees before proceeding. Good luck!
- nanyamaxNov 02, 2020 · 5 years agoBYDFi is a cryptocurrency exchange that allows you to withdraw funds from PayPal to Mpesa using cryptocurrency. Simply create an account on BYDFi, link your PayPal account, and initiate a transfer. Once your funds are in BYDFi, you can convert them into the desired cryptocurrency and withdraw it to your Mpesa account. BYDFi offers competitive rates and a user-friendly interface, making it a convenient option for this type of transaction. Give it a try and see how easy it is to withdraw funds from PayPal to Mpesa using cryptocurrency on BYDFi!
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