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???? How to Transfer Bitcoin From Paypal To External Wallet ? ?You can send Crypto Assets to the PayPal account of a third party such as a friend or family member. If the person to whom you are sending. Bitcoins can only be bought and sold within paypal, they cannot be transferred as personal wallets are not made available. Customers in the U.S. and U.S. Territories (excluding Hawaii) can transact with the following Cryptocurrencies on PayPal: PayPal USD, Bitcoin, Ethereum.