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Moreover, PayPal only collaborates with online sportsbooks that are legitimate and reputable. For this reason, there is very little room left for disappointment when it comes to PayPal bookies!
The only downside is that the full array of features of this payment system is not yet available in Bangladesh. That means, while you can do everything PayPal, cashing out in your currency (BDT) is not yet possible. However, you can still use the sum in your PayPal account to make transactions outside Bangladesh. You can also use some other alternatives.
With this in mind, let’s find out more about PayPal betting sites in Bangladesh in this review!
PayPal is recognized as one of the most safest and reliable payment methods by most organizations in the world. Since its service began in 1998, this platform has been improving its security measures regarding financial transactions.
The payment method has automatic encryption to protect user data. It even has fraud protection in place. Hence, you can trust the PayPal app Bangladesh without hesitation!
In this section, you can find all about PayPal limits, fees, and withdrawal times while using a PayPal betting site. Just so you know, the deposit and withdrawal limits vary in different bookmakers.
PayPal Deposit Limit
PayPal Withdrawal Limit
$10 to $50,000
$10 to $50,000
5% for international transactions
PayPal betting sites offer various types of bonuses on their platforms to entertain their punters. We are going to talk about those bonuses here!
Bookmakers often offer risk-free bets to punters for participating in major sports tournaments or live betting. Make sure to read the terms and conditions of the bonus before jumping the gun!
You can enjoy the welcome bonus on PayPal betting sites when you register with the sites as a new customer. There may be conditions attached to this bonus about the minimum deposit requirement and expiration date.
Another bonus that you will most likely see on PayPal betting sites is the weekly or monthly bonus. You can receive anything from cashback, cash prizes, discounts, and free bets.
PayPal betting sites often prioritize football sports betting because it is the most popular sport in the world. Whether it is the Union of European Football Association (UEFA) or the English Premier League (EPL), sports betting sites can’t go on without football!
Yet another popular sport in PayPal bookmakers is basketball. Almost everybody can play basketball in Bangladesh. They can also swamp the betting sites during major tournaments like the International Basketball Federation (FIBA).
Cricket is a favourite sport among South Asians. As a result, PayPal Bangladesh bookmakers always offer great promotions, live betting, and cashout for cricket tournaments and matches.
PayPal will verify your identity and sources of income. So, present your passport, driver’s license, utility bill, or bank statement for verification.
Deposits and withdrawals are almost always instant with PayPal. Even if it takes longer, the transaction will still get through within 24 hours.
The processing fees for PayPal to PayPal transfers are free. But international transfers cost 5% of the fund you are transferring.
Since PayPal is not available in Bangladesh as of yet, you can’t withdraw any funds from your betting account through this payment method. However, you can use other payment methods, like Neteller and Skrill to withdraw your winnings.
PayPal allows cryptocurrency transfer on its platform. To learn more about it, visit the official site of PayPal.