Are you trying to invest in bitcoin or searching for information on how to buy bitcoin with PayPal but have not found it yet? So we bring you the most trusted and tested platforms to buy bitcoin with PayPal around the world. So, with no further delay, let’s start.
Buying Bitcoin with PayPal is a lot easier than you might expect. There are several platforms out there that will make the process seamless and easy for you. Just remember to research the site before you decide to buy any Bitcoin with PayPal from it, as some platforms are more secure than others.
Why and why not buy bitcoin with PayPal?
Why?
- Users are friendly to buying bitcoin.
- Secure and trusted platform.
- Have very high liquidity.
- Most popular eWallet that is already in used.
- Easy to add and withdraw money from Paypal.
Why not?
- Support only USD fiat.
- The fee is higher than the market fee.
- Take a longer step than any other method.
- Not perfect for buying other than with bitcoin.
- No exchange supports PayPal as a withdrawal payment.
Where buy bitcoin with Paypal?
There’s no point in playing the guessing game when it comes to buying bitcoin with PayPal, so we took the guesswork out of it for you by discovering a few of the more trustworthy sites. Once you find one that works for your specific needs, you can start investing in Bitcoin right away—all at the click of a button.
Buy bitcoin with Paypal on Paypal.
Yes, you heard right; you can buy bitcoin on your Paypal eWallet and store it there. This feature was recently announced by PayPal only for US users.
The minimum amount for buying bitcoin is $1, which is charged $0.49, but after $200 it charges 1.80% of the amount, and it keeps increasing as the buying amount increases.
The maximum amount is $10,000, and the fee charge is 1.5% to 2.3% of the amount.
This method for buying bitcoin is simple for new users or those who do not have enough cryptographic knowledge. And the great thing is that you can spend your bitcoin on merchandise shopping without transferring it anywhere else.
Buy bitcoin with Paypal on eToro.
eToro, one of the leading websites to buy bitcoin with Paypal, also offers to invest in stocks with different underlying assets.
With eToro, users can easily buy a large amount ofbitcoin with Paypal in over 140 countries. It also provides copy trading, which means the new trader can copy the trading ideas of other users or connect to others in the social forum.
To buy on eToro, click on your PayPal method of payment from the drop-down menu, enter the amount you wish to deposit, click on “Continue,” and then follow these steps:
- It will redirect you to a fresh page to log into your e-wallet account.
- Enter the required login details.
- Review the transaction.
- Once you’ve verified the details, click “Pay.”
- Within minutes, your trading account should be credited.
Buy bitcoin with Paypal on CEX.
Cex is a centralized crypto trading platform based in the EU, but it supports only USD for buying bitcoin with PayPal after KYC verification. The buying limit is $20 to $1000, but the charge is huge—about 7% of the amount. Find a fee structure.
To buy bitcoin with Paypal.
- Log in or create an account on CEX.
- Click “Instant Buy” and choose a coin.
- Fill in the amount and click PayPal for payment.
- After that, click “buy” and “finish the transaction.”
Buy bitcoin with Paypal on CoinBase.
A very well-known, simple, and secure wallet for everyone, with support in over 100 countries around the world. It has many features, like trading, exchange, and more.
For US customers, Coinbase allows you to connect your Paypal account to buy bitcoin. While for other supported countries, it only allows for cashing out with Paypal.
To buy bitcoin with PayPal, users must pass KYC (Know Your Customer) verification. And the country of your Paypal account must match that of your Coinbase account. You can add any PayPal account by removing the previous one.
How do I link my PayPal account?
- Complete all identity document verification steps and ensure that your country of residence is correct.
- From your account settings, click Payment Methods, then link a new account from a computer, or tap Add a Payment Method in the mobile app.
- Select PayPal, and you’ll be prompted to log in to PayPal.
- Find out more about the Paypal method.
Buy Bitcoin with Paypal on LocalBitcoins.
LocalBitcoins is the most trusted P2P web wallet where you can buy bitcoin with Paypal from real people on the internet.
It allows you to exchange your local currencies for bitcoins at the best market price with real people.
Where most of the exchange websites use Boot for exchange, on LocalBitcoin you are dealing with real people, and that makes LocalBitcoin more trusted and faster.
The platform allows you to post a message or advertisement directly to the seller or broker, who has been trusted by other satisfied users. It provides you with a vast number of traders and over 60 different methods, including Paypal, to buy bitcoin.
Buy bitcoin with Paypal on LocalCryptos.
Paypal is one of the growing platforms for buying bitcoin without a middleman. LocalCryptos offers a wide variety of payment methods, including Paypal, ACH transfers, cash deposits, and cryptocurrency wallets. You can also receive money from other members by requesting it via your mobile phone or email address.
You can use LocalCryptos to buy with anyone from anywhere in the world without having to worry about any additional fees.
The features of LocalCryptos are almost identical to those of LocalBitcoins, but you can buy more coins like ETH and LTC on LocalCryptos. Do not confuse LocalCryptos with LocalBitcoins.
Buy bitcoin with Paypal on Paxful.
Another P2P exchange platform to buy bitcoin with Paypal has all the same features as LocalBitcoins and LocalCryptos.
Paxful is the best platform to buy bitcoin easily. You can get started in minutes, with zero fees and a secure, easy-to-use platform.
Paxful is a peer-to-peer bitcoin marketplace that connects buyers and sellers of bitcoin.
Paxful works through an escrow system where both buyers and sellers agree that their payment will be released once the transaction has been completed. Both parties must trust each other to complete their end of the deal, but the added security makes it easier for people who don’t have a lot of experience with cryptocurrency trading to make purchases online with confidence that they won’t lose out on their investments if something goes wrong.
The best thing about Paxful is that it’s available wherever you are, so even if you’re not able or don’t want to use your credit card right away, you can still purchase bitcoin with Paypal instantly through Paxful without any hassle at all (and no fees!).
Conclusion: Buy bitcoin with Paypal.
As with everything in the cryptocurrency world, there are pros and cons when it comes to buying bitcoin with PayPal. However, generally speaking, we think that having access to multiple options can never be a bad thing. So if you’ve been on the fence about using PayPal as an option for purchasing Bitcoin or another altcoin, now is as good a time as any to take the plunge.
