Very new to crypto. Want to transfer PP funds to a private wallet.

Kruidwort

Kruidwort

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Hey!

So i'm very new to crypto, and trying to learn how things work. Right now I have a paypal account, and i want to transfer some funds to a private crypto wallet (no 3D/KYC), so that I can purchase some services online that only accept crypto.

So what tools, services can everybody recommend? I saw changelly is utterly unreliable for transfering funds to crypto. And where and how can I setup a private wallet? there are SO many options it's overwhelming to choose from !

Any guidance is appreciated ! thanks !
 
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Я recommend you didn't use paypal for crypto. Let's use p2p or card.
 
ok....? i said i didn't use paypal. so what p2p or card services are there?
 
Be careful with direct exchanges, make sure you use a trusted escrow or reputable exchange to avoid sudden account limitations.
 
i checked Binance and bybit but they request IDs :( there is nothing private about it
 
Last edited:
Be very careful with direct PayPal to Crypto exchanges, especially if someone DMs you here. Always use trusted platforms or P2P services.
 
evanewaz1997 said:
Be very careful with direct PayPal to Crypto exchanges, especially if someone DMs you here. Always use trusted platforms or P2P services.
Click to expand...
and where or what would these platforms be for me to visit??
 
not many platforms have a PP option, pretty much your only route would be going through P2P platforms like Localcoinswap, there’s a bunch of active traders for PP specifically but their % spread seems to be terrible, so prepare to pay a hefty fee.

In terms of non-KYC wallets, just use any non custodial one, like Exodus.
 
Kruidwort said:
i checked Binance and bybit but they request IDs :( there is nothing private about it
Click to expand...
RN I don't think there's a crypto exchange working without KYC. What you can do is find a Bitcoin ATM if that exists in your country and trade cash for BTC. This has 2 disadvantages : the first is paying a premium for anonymity like 15% of your total transactions. The second is that I don't know if you can convert the BTC to another cryptocurrency without KYC though.
 
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