Buy Bitcoin With Paypal – Buying bitcoin with a PayPal account balance is not an easy task due to chargeback issues while Paypal allows its users to buy bitcoin directly from its platform, you won’t be able to use the bitcoin outside the Paypal platform.
There are other things you need to know about the buy bitcoin with Paypal keyword. If you are interested, then you should read this article till the end.
Paypal is one of the most convenient payment methods for people around the world to send and receive payments. Paypal users across U.S. and all over the world can buy bitcoin, ethereum, bitcoin cash, and lite coin with a Paypal account balance.
Easy Way To Buy Bitcoin
There are many ways to buy bitcoin and with Paypal joining the industry, buying and selling of cryptocurrencies just got a little easier than ever.
Multiple cryptocurrency exchanges and brokers allow people to buy digital currencies like bitcoin with a payment option which can be – credit cards, debit cards, gift cards, or Paypal balances.
Buy Bitcoin With Paypal
It is possible to buy bitcoin with a Paypal account balance. Here’s how to buy bitcoin using a Paypal account balance;
- Visit https:/paypal.com/myaccount/crypto.
- Select the cryptocurrency you want to buy – bitcoin, lite coin, ethereum, bitcoin cash.
- Click buy.
- Confirm your account.
- Choose the bitcoin amount.
- Choose a payment option—debit cards, credit cards, Paypal, or gift cards.
- Review the details of your purchase.
- Click buy now.
After buying bitcoin with a Paypal account balance, you will be able to see your total balance in your Paypal account.
Note; buying of cryptocurrencies with Paypal can also be done through the Paypal app.
Best Place To Buy Bitcoin With Paypal
The best place to buy bitcoin with Paypal is eToro and local bitcoin cryptocurrency exchange, but in this article we will discuss more on local bitcoins.
eToro is currently the most seamless way to bug bitcoin using Paypal but local bitcoin is just the best and most convenient ay to do so. While eToro allows Paypal as a means of payment, buyers will be unable to withdraw bitcoins to their wallets.
Unlike eToro, local bitcoins works in most countries and have a wide range of sellers with strong feedback scores. Local bitcoins has many sellers on its platforms, the platform helps to connect buyers and sellers with its peer-to-peer marketplace.
However, the only disadvantage with buying bitcoin with a Paypal account balance is the high fees involved and shortage of platforms that accept Paypal payments.
If you want to buy bitcoin with Paypal as a payment method you have to find a reputable exchange that will allow you to make a deposit using Paypal as a funding means.