In the past, it was quite arduous to buy bitcoin with PayPal. But thanks to changes in technology and the fact Bitcoin has moved more into the mainstream, Paypal has become an accepted method of buying Bitcoin. There are now a number of major platforms that allow you to use Paypal to purchase BTC. Many prefer Paypal due to the protection it offers users, so adding an extra layer of security to payment transactions is a no brainer to most investors.
I have got the perfect places where you can quickly get your hands on bitcoins with Paypal. All you have to do is keep reading this blog.
Buy Bitcoin With Paypal Through eToro:
eToro is a cryptocurrency provider that allows its users to use different payment methods including Paypal. As a result, our number one recommendation is eToro, since it is super easy to use for both beginners and experts. All you have to do is:
In my opinion, this option is super easy and quick to do, it doesn’t matter if you are a beginner or an expert.
Can I Buy Bitcoin With Paypal Through Coinbase Exchange?
Everyone in the market knows that PayPal and Coinbase have a rocky relationship. When cryptocurrencies first came into the market, PayPal was the only payment platform used to purchase Bitcoin. However, there are a couple of controversies in the market regarding the legality of Bitcoin. In short, you can buy Bitcoin with PayPal on one condition, and that is you have to be a citizen of the U.S. If you are not a citizen of the U.S., you can only link your PayPal account to Coinbase but cannot purchase bitcoin. The only way to do it is by exchanging your bitcoin for fiat currency and converting it through your PayPal account.
Should I Buy Bitcoin With Paypal Through CFD Providers?
According to my research, it has more advantages as compared to other ways. However, your money is a lot safer compared to buying using an exchange. The reason is that strong governing bodies control it; purchasing bitcoin as CFD permits you to scale in and out of a spot without any difficulties. Since the market allows traders and investors to get the price they want.
What Should I Do To Buy Bitcoin With Paypal Through AVATrade?
AVATrade is a platform that allows you to buy bitcoin with PayPal without any complications. The process is super simple. Firstly you need to have an AVATrade account, next provide all the details needed. To verify your account, you need to answer various questions, like your name, a valid phone number, and lastly an email address.
The next thing you have to do is deposit funds by merely clicking on the deposit button, which will take you to all payment methods. Select PayPal and enter the amount you want to deposit, then click on deposit. Complete the deposit process by completing PayPal confirmation.
How Can I Buy Bitcoin With Paypal Through Local Bitcoin?
The steps to buying bitcoin with PayPal are quite simple.
Sign up: Firstly, you have to click on the sign up free button. The next thing you have to do is find a ‘register new account’ page to provide all the required details.
Providing Information: Once your account is created, provide all the required information, including all the information regarding how much you want to buy and in which currency, including all payment methods.
Selecting Price Range: The next thing you need to decide is where you have to purchase bitcoins. The prices which they will offer might be different, some may be higher, and others might be lesser. However, we recommend going for lower ones. Now that you have decided what to purchase click on the buy button. Which will take you to the confirmation page.
Full Guides To Buying Bitcoin: If this is your first time buying Bitcoin and you want to use PayPal it is advisable to read a complete guide on how to buy bitcoin with PayPal, to help you get started.
Sending Information: Next, you need to share your PayPal email address with the seller, which will help them prepare the invoice to be paid through PayPal. You have to send your Bitcoin wallet address to your seller now that your payment is completed. They can then easily send the Bitcoin purchased directly to your wallet.
PayPal Holdings Inc: Recently announced they will allow customers to buy hold and sell cryptocurrency through their accounts and for merchant payments. PayPal users can buy Bitcoin BTCUSD, 1.44%, Ethereum ETHUSD, 5.30%, Bitcoin Cash BCHUSD, 4.54%, and Litecoin LTCUSD, 3.54% through this new capability. They are extending this function to its Venmo platform and to certain international markets at the start of next year.
I hope the Bolt Posts will help you in picking out the perfect place to buy bitcoin with PayPal. Let us know about your experience; we would love to hear about it.