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Sending USDCoins from Ethereum Wallet to PayPal with Moonpay
How can I send USDCoins from my Ethereum wallet to PayPal without MATIC for fees?
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7Try using the 'faucet-mainnet' command with your Ethereum wallet address to receive MATIC for transaction fees.
For additional guidance or technical assistance, you can explore Polygon's tools, such as the Polygon Portal, which provides asset management and gas refueling features .
To transfer USDCoins from your Ethereum wallet using the Polygon network, you'll need MATIC to pay for network fees.
If you are still unable to proceed, consider checking if Moonpay's services are currently operational as reported by other users, confirming through official support channels if necessary.
To send USDCoins from your Ethereum wallet to PayPal using Moonpay, you need to cover the transaction fees, which on Polygon require MATIC. If you don’t have MATIC, your transaction won’t go through.
One way to get MATIC for fees is by using the 'faucet-mainnet' command with your Ethereum wallet address. This can provide a small amount of MATIC needed for the transaction. If that doesn’t work, you can explore Polygon Portal, which offers tools for managing assets and refueling gas.
Make sure Moonpay's service is fully operational before attempting the transfer. If you’re still having issues, check with Moonpay’s support team to confirm if your wallet and network setup are compatible with their service.
To send USDCoins (USDC) from your Ethereum wallet to PayPal using Moonpay, you need to pay network fees, which on Polygon require MATIC. Without MATIC in your wallet, your transaction won’t be processed, as every transaction on the Polygon network requires a small amount of MATIC for gas fees.
Just adding to the replies above, If you're unable to get MATIC from a faucet or refueling service, you might need to acquire MATIC manually. You can do this by:
- Swapping another token for MATIC using a decentralized exchange (DEX) like Uniswap or QuickSwap.
- Buying MATIC from an exchange and sending it to your Polygon wallet.
- Receiving MATIC from a friend who can send a small amount to cover transaction fees.
- Since all Polygon-based transactions require MATIC, it's a good idea to keep a small balance in your wallet to avoid running into this issue again.
Once you have MATIC in your wallet, you should be able to send USDC through Moonpay without any issues. Just make sure you enter the correct destination details for PayPal and confirm that the transfer method is supported. If you’re still facing difficulties, contact Moonpay’s support team to check for any restrictions or additional steps needed to complete the transaction.
Sending USDC from your Ethereum wallet to PayPal can be done efficiently, but network fees (gas fees) are typically required. If you’re looking to avoid paying for MATIC or other transaction costs, here’s how you can make the transfer while minimizing or eliminating extra fees.
Step 1: Choose a Compatible Service(Sample of Zengo - This is not an Advertisement )
To send USDC to PayPal, you need to use a platform that supports both Ethereum-based USDC and PayPal deposits. The most straightforward option is:
- Zengo – A crypto wallet that allows you to buy USDC using PayPal. Instead of transferring USDC manually, you can purchase it directly in the Zengo app with no extra transaction fees.
- If you already have USDC in your Ethereum wallet, continue to the next step.
Step 2: Get PayPal’s Crypto Address
Before transferring, you need to ensure that your PayPal account supports USDC deposits. To do this:
- Open PayPal and go to the Crypto section.
- Select Receive USDC and generate your external wallet address.
- Copy the provided address—this is where you’ll send your USDC.
Step 3: Send USDC Without Paying Gas Fees
Ethereum transactions typically require gas fees, which can be expensive. Since PayPal only supports Ethereum-based USDC, direct transfers on Layer 2 solutions like Arbitrum or Optimism won’t work. However, here are some ways to avoid gas fees:
- Look for Gas-Free Promotions – Some exchanges and wallets occasionally offer free withdrawals for certain tokens, including USDC.
- Use a Faucet or Gasless Transactions – Some platforms provide small amounts of ETH or MATIC to cover gas fees.
- Bridge to a Low-Cost Network First – While PayPal does not accept Layer 2 deposits, you can use services that allow fee-free withdrawals to Ethereum mainnet, such as Binance or Crypto.com.
If you cannot bypass gas fees, consider using an Ethereum-friendly exchange that lets you withdraw USDC to PayPal with minimal fees.
Step 4: Check PayPal Transfer Limits
PayPal has specific minimum and maximum limits for receiving external USDC deposits. Currently, the minimum amount required to transfer is 10 PYUSD (PayPal USD equivalent in USDC). If your amount is below this limit, the transaction may not go through.
- Before sending, check PayPal’s crypto policies to confirm current limits and fees.
Step 5: Confirm and Send Your USDC
Once you have enough balance and PayPal’s USDC wallet address, you’re ready to send:
- Open your Ethereum wallet (e.g., MetaMask, Trust Wallet).
- Select USDC and tap Send.
- Paste the PayPal wallet address in the recipient field.
- Enter the amount (ensuring it meets PayPal’s minimum requirement).
- Confirm the transaction details and submit.
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