Can I Withdraw Bitcoin from Paxful Wallet to My External Wallet?

Modified on Thu, 17 Aug 2023 at 02:27 PM

You can easily send your Bitcoin from your Paxful Wallet to an external wallet, as we support all major Bitcoin wallet types except for one.

There are three Bitcoin address formats currently in use:

  • P2PKH addresses which begin with the number 1.
    Example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.

  • P2SH addresses starting with the number 3.
    Example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.

  • Bech32 addresses also known as "bc1 addresses" starting with bc1.
    Example: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq.

    Bech32 is supported by the majority of software and hardware wallets, but only a few exchange platforms.

Paxful Wallet allows withdrawals to P2PKH, P2SH, and Bech32 addresses.

Additionally, see how to send Bitcoin from your Paxful wallet and the details of Paxful fees.

If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.