Turn your PayPal balance into Bitcoin instantly

"I'll PayPal you."

We hear it all the time. Whether it’s splitting a dinner bill, collecting money for a group gift, or getting paid for a freelance gig – PayPal is still the default for moving Euro around the web.

But for a Bitcoiner, receiving fiat feels like a step backward. That money usually sits in your PayPal balance doing nothing, losing value against inflation.

Good news: You can now link your wave.space Bitcoin-IBAN directly to PayPal and turn that balance into sats instantly.

TL;DR

You don't need to convince your friends or clients to download new apps. Let them use PayPal, while you stack sats:

1. Copy your personal Bitcoin-IBAN from the wave.space app.
2. Add it as a Bank Account in your PayPal Wallet.
3. Withdraw your PayPal balance to this IBAN. Magic happens: The Euros are sent instantly, arrive at wave.space, and auto-convert to Bitcoin.

Why this changes everything: Instant Velocity ⚡️

The game has changed. Thanks to the wide adoption of SEPA Instant across Europe, PayPal withdrawals to bank accounts are now blindingly fast.

Combined with wave.space's instant auto-swap engine, this creates a perfect loop:

1. Friend sends you €20 on PayPal.
2. You withdraw it to wave.space.
3. Boom: You have €20 worth of Bitcoin (on wave.space, or in self-custody) seconds later.

No waiting for business days. No manual trading. Just pure velocity of money.

Real World Use-Cases

We’ve seen our community use this feature in two distinct ways: streamlining their side hustles and organizing their social lives.

For the Professionals (The "Income Stream")

If you are a freelancer, creator, or side-hustler, PayPal is often a necessary evil. The Bitcoin-IBAN turns it into a powerful tool.

• The eBay / Vinted Seller 🧥 Selling vintage clothes or old tech? Buyers pay in Euro via PayPal. Connect your Bitcoin-IBAN, and every sale automatically becomes a Bitcoin purchase. Your old jacket is now your retirement fund.
• The Digital Freelancer 💻 Clients on platforms like Upwork or direct clients often insist on PayPal. Don't argue with them. Accept the fiat, withdraw to wave.space, and it feels like you got paid in BTC directly.
• The Streamer / Creator 🎮 Donations via StreamElements or Ko-fi usually land in PayPal. Cash out weekly (or daily) to wave.space. It is the easiest, automated ECA (Euro Cost Averaging) strategy a creator can set up.

For your Everyday Life (Social Stacking)

Don't let small amounts of fiat rot in a digital wallet. Turn social interactions into stacking opportunities.

• The Group Gift Organizer 🎁 You volunteer to buy the big birthday gift for your best friend (using wavecard). You spend €200. Ten friends send you €20 each on PayPal.
  • Old way: You have €200 stuck in PayPal. Maybe you spend it on random internet junk.
  • Bitcoin-IBAN way: You withdraw that €200 to wave.space. It hits your account instantly and swaps to BTC. You just stacked €200 worth of sats without "buying" anything.
• The "Split the Bill" Hero 🍕 You pay for dinner. Everyone PayPals you their share. Instead of letting those Euros sit idle, you withdraw them to your Bitcoin-IBAN. By the time you get home, your dinner has essentially paid for your weekly Bitcoin DCA.

Step-by-Step: Connect wave.space to PayPal

1. Get your Bitcoin-IBAN Open the wave.space app, tap "Top Up" and copy your Personal IBAN. This isn't just a bank number; it's a wormhole from Fiat to Bitcoin.
2. Link it to PayPal
   • Log in to PayPal.
   • Go to Wallet > Link a bank account.
   • Paste your wave.space Bitcoin-IBAN.
   • Important Verification Step: PayPal will verify the account by sending two tiny Euro deposits via a standard SEPA transfer (taking 1-2 days).
   • Why they look "Pending": Because these amounts are tiny (e.g., €0.01), they are below our €10 auto-swap threshold. They won't convert to Bitcoin, so they remain as a Euro balance available to be withdrawn.
   • To see the exact amounts, go to Settings > Export Transactions. Open the file, find the two specific cent amounts, and enter them in PayPal to confirm your account.
3. Withdraw and Stack Once linked, hit "Transfer Money" in PayPal > Transfer to your bank. Select your wave.space account.
   • This usually processes as an Instant SEPA transfer automatically.

FAQs

Is it really instant? Yes. In 99% of cases, PayPal processes the payout instantly via SEPA Instant. wave.space receives it instantly and executes the Bitcoin swap immediately.

Does PayPal know I'm buying Bitcoin? No. To PayPal's algorithms, you are simply withdrawing funds to a standard European bank account in your name. The conversion happens on our side, instantly upon receipt. You maintain your privacy.

What about fees? PayPal withdrawals to bank accounts are typically free for standard users in Europe. Once the funds arrive at wave.space, our standard 1% swap fee applies to convert the Euros into Bitcoin.

Summary

Don't let your money rot in "PayPal purgatory."

1. Link your Bitcoin-IBAN.
2. Collect money from friends or clients in Euro.
3. Withdraw instantly.
4. Stack sats automatically.

Live your life on Bitcoin.