Are you planning to invest in Bitcoin or still searching for the best way to buy Bitcoin with PayPal? Many users struggle to find reliable platforms that accept PayPal for Bitcoin purchases.
To save you time, I’ve put together a list of the most trusted and widely used platforms where you can safely buy Bitcoin with PayPal from anywhere in the world.
Purchasing Bitcoin through PayPal is much simpler than most people think. Today, several reputable exchanges and marketplaces make the process quick and hassle-free.
However, before choosing a platform, it’s important to compare factors like fees, security features, and withdrawal options. Always research thoroughly to ensure you’re using a secure and verified platform when buying Bitcoin with PayPal.
Where to Buy Bitcoin with PayPal?
If you’re wondering where to buy Bitcoin with PayPal, there’s no need to waste time guessing or testing random platforms. I’ve done the research and identified some of the most trustworthy and user-friendly platforms that support PayPal as a payment method.
Once you choose the platform that best fits your needs, you can start investing in Bitcoin almost instantly.
Here are your top 5 trusted platforms to buy Bitcoin with PayPal.
Buy Bitcoin with PayPal on PayPal
Yes, you read that right; you can now buy Bitcoin with PayPal directly within your PayPal wallet and even store it there. This feature, currently available only for U.S. users, makes purchasing Bitcoin more accessible than ever.
The process is straightforward: you can start with as little as $1. For purchases under $200, PayPal charges a flat fee of $0.49. Once you cross the $200 mark, fees shift to a percentage model, starting at around 1.8% and ranging between 1.5% and 2.3% depending on the transaction size.
The maximum limit per week is $10,000, making it suitable for small to medium investors.
This method is best for beginners or those who lack technical crypto knowledge. The best part? You can use your Bitcoin directly for online shopping and payments without transferring it to another wallet or exchange.
Pros
- Easy to use for beginners
- No need for external exchanges or wallets
- Bitcoin can be spent directly on purchases via PayPal merchants
- Low entry barrier (start with just $1)
Cons
- Only available to U.S. users (at present)
- Fees can be higher compared to crypto exchanges
- Limited crypto selection beyond Bitcoin
- Bitcoin can be transferred to external wallets
eToro
eToro is one of the most popular platforms to buy Bitcoin with PayPal, offering a seamless experience for both beginners and experienced investors. In addition to cryptocurrency, eToro allows users to invest in stocks and other underlying assets, making it a versatile platform for diversified trading.
With eToro, users in over 140 countries can quickly purchase significant amounts of Bitcoin using PayPal. The platform also features copy trading, which enables new traders to replicate the strategies of successful traders or engage with others through its social trading 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.
Pros
- Supports PayPal for buying Bitcoin easily
- Available in over 140 countries
- Offers copy trading for beginners
- Ability to invest in stocks and other assets
Cons
- Fees can be higher compared to some other exchanges
- Limited cryptocurrency selection beyond major coins
- Some advanced features may be overwhelming for beginners
CEX.io
CEX.io is a centralized cryptocurrency exchange based in the EU that allows users to buy Bitcoin with PayPal. While it provides a secure and regulated environment, it currently supports only USD for PayPal transactions and requires KYC verification before purchasing.
The platform has a buying limit ranging from $20 to $1,000 per transaction. However, fees can be quite high, around 7% of the purchase amount, which makes it less cost-effective for larger transactions. Despite this, CEX.io offers a straightforward method for beginners looking to buy Bitcoin using PayPal.
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.”
Pros
- Secure, regulated EU-based platform
- Easy PayPal integration for Bitcoin purchases
- Suitable for beginners
Cons
- High fees (~7% per transaction)
- Supports only USD for PayPal transactions
- Limited buying limits ($20–$1,000)
Coinbase
Coinbase is a highly trusted and user-friendly platform available in over 100 countries, offering a secure wallet along with features like trading, exchanging, and storing cryptocurrencies.
For U.S. customers, Coinbase allows users to directly connect a PayPal account to buy Bitcoin with PayPal. In other supported countries, PayPal can only be used for cashing out, not purchasing.
To buy Bitcoin via PayPal on Coinbase, users must complete KYC verification. Additionally, the country linked to your PayPal account must match your Coinbase account. You can also switch PayPal accounts by removing the previously connected one and adding a new 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.
Pros
- Simple and secure platform trusted globally
- Supports PayPal for U.S. users to buy Bitcoin
- Available in over 100 countries
- Offers trading, exchange, and wallet features
Cons
- PayPal support limited to U.S. customers for buying Bitcoin
- KYC verification required
- PayPal account country must match Coinbase account country
Buy Bitcoin with PayPal on Paxful
Paxful is a leading peer-to-peer (P2P) platform that allows users to easily buy Bitcoin with PayPal. It connects buyers and sellers directly, offering a secure and user-friendly marketplace for Bitcoin and some other cryptocurrencies.
Getting started on Paxful is quick and simple; you can create an account in minutes with zero fees for many payment methods, including PayPal. The platform operates through an escrow system, ensuring that both buyers and sellers complete their part of the deal before the funds are released. This added security gives new or inexperienced crypto users confidence that their investments are safe during transactions.
One of the biggest advantages of Paxful is its global accessibility. No matter where you are, you can purchase Bitcoin instantly with PayPal without needing a credit card, all while enjoying a hassle-free experience.
Note – P2P is a highly scammer-friendly choose this method carefully.
Pros
- Zero fees for many PayPal transactions
- The escrow system ensures secure trades
- Fast setup and easy-to-use interface
- Available globally, anywhere PayPal is supported
Cons
- High possibility of fraud and scams
- Peer-to-peer trading requires trusting the seller
- Prices may be slightly higher due to marketplace variations
- Some offers may have limited availability depending on the region
Why and Why Not Buy Bitcoin with PayPal?
When deciding whether to Buy Bitcoin with PayPal, it’s important to weigh the advantages and disadvantages. Here are some you must follow.
Why Buy Bitcoin with PayPal?
- User-friendly option: PayPal is simple to use, even for beginners.
- Trusted and secure platform: PayPal is one of the world’s most reliable payment systems.
- High liquidity: Bitcoin purchased via PayPal is quickly available for use.
- Popular eWallet: Millions already use PayPal, making it easy to integrate with crypto.
- Seamless deposits: Adding or withdrawing funds through PayPal is convenient.
Why Not Buy Bitcoin with PayPal?
- Limited fiat support: Most platforms only allow USD for PayPal transactions.
- Higher fees: Transaction fees are often above market rates.
- Extra steps required: The process can involve more steps compared to credit/debit card purchases.
- Bitcoin-focused: PayPal is not ideal for purchasing altcoins beyond Bitcoin.
- Withdrawal limitations: Most exchanges do not support PayPal for cashing out.
Conclusion: Buy Bitcoin with PayPal
Like every method in the cryptocurrency world, there are both pros and cons when you choose to buy Bitcoin with PayPal. On one hand, it offers unmatched convenience, global availability, and easy setup for beginners. On the other hand, some platforms may charge higher fees or have restrictions based on region.
Overall, having access to multiple trusted platforms is a huge advantage for users. PayPal provides a reliable option to enter the Bitcoin market. If you’ve been hesitant about using PayPal for your crypto journey, now is an excellent time to explore the platforms listed above and find the one that best fits your needs.
