Paypal is one of the majorly used payment methods across the globe to buy things online and there’s no doubt that there are millions of people who are looking for cryptocurrency exchanges or ways to buy BTC with Paypal.
The most popular mode of payment in the cryptocurrency exchanges for being able to buy and sell BTC or any other cryptocurrency is through debit/credit cards. There are definitely several other easy ways through which you can buy bitcoins. To buy BTC with PayPal in the top exchanges is quite not possible.
This doesn’t mean that you can no longer use PayPal to buy bitcoins, you can definitely use it in some alternative exchanges which support PayPal payments. And in this article, I will list out the 5 best exchanges which provide the ability to buy BTC with PayPal. Must Read:
5 best exchanges to buy BTC with PayPal
If you’re a beginner to buying bitcoins with Paypal or if you don’t have a PayPal account. Then I recommend you first go ahead an create a PayPal account and complete the registration and verification process. To complete Paypal registration and verification, just follow the below steps:
- Signup to PayPal and enter your information to register.
- Add or link your debit/credit card or bank account from the dashboard of your PayPal account.
- Paypal will then make two small transactions in the account that you’ve linked. Just enter the numbers in your PayPal dashboard to verify your bank account.
- After successfully completing these steps you’ll have a verified and working PayPal account. Now you can easily buy things online using your PayPal account.
Visit any of the below exchange that you like and register to it. Add the number of bitcoins you want to buy and select Paypal as the payment method. Proceed to pay using PayPal and complete the transactions. Once the transaction is complete, you’ll see your bitcoins in your cryptocurrency wallet.
LocalBitcoins is widely popular in all countries and anyone from any region can easily buy BTC with PayPal using this platform. LocalBitcoins is a p2p platform where you can sell and buy bitcoins with no involvement of the third person. The transactions are carried out between you and the seller. Once you pay the required amount to the seller you’ll instantly receive the bitcoins.
All you need to do is visit LocalBitcoins and enter the number of bitcoins you want and enter your location and then hit the search button. You’ll instantly get a list of people in your region who are willing to sell bitcoins with various ways of payments. Just filter and select the seller who accepts PayPal payments. Check the seller’s profile to make sure the person is reliable. Once confirmed, simply contact the seller and pay using your PayPal account.
Paxful is similar to localbitcoins with some extra features in it. Paxful is also a peer to peer (p2p) exchange where you can buy and sell bitcoins easily. The advantage of Paxful is that they have more than 300 ways to pay for bitcoins. And if you’re facing problems while buying bitcoins from your region then Paxful can be very useful in terms of easy payments.
It’s super easy to buy BTC with PayPal in this exchange. You simply will require to enter the number of bitcoins you want and select the mode of payments as PayPal. Complete the transaction and you’ll receive your bitcoins.
Paxful verifies and reviews all of their sellers for users safety. They have other security measures applied such as 2-factor authentication, escrow, high-level encryption, and expert audited security. This helps is cutting out the frauds and thefts.
xCoins is a cryptocurrency exchange which accepts PayPal and all major credit cards for payments. It is 100% safe and secure with proper security implementation. The user interface is very easy to navigate. You’ll not have any problems in understanding the navigation even if you’re a beginner.
You’ll just require to sign up for an xCoins account and specify the number of bitcoins you want and complete the payment using PayPal or credit card. Once the transaction is completed successfully, you’ll receive your bitcoins instantly.
UPCoin is an exchange using which you can buy/sell or trade bitcoin. They also have an integrated trading engine which helps in trading cryptocurrencies easily. The tools and the features provided are high-grade and the security implementation is excellent. They also accept PayPal and various other payment methods using which you can buy bitcoin without any trouble.
Wirexapp is a platform to buy, store and exchange and spend your cryptocurrency. They have a bunch of features provided for their users which makes Wirexapp very useful. You can buy Bitcoin, Ethereum, Litecoin, and Ripple using this platform with PayPal and a few other payment ways.
They also provide a cryptocurrency visa payment card in which you can load your bitcoins or other cryptocurrencies and be able to use it like any traditional debit card. This is a good option if you want to spend your cryptocurrency in the day to day activities.
You just need to load your cryptocurrency in the debit card provided by them. And you can swipe it in the shops centers, restaurants, ATM’s and also buy things online using the cryptocurrency debit card.
They have dedicated apps for smartphone users. You can use the services they provide by downloading Wirexapp in your phone. Wirexapp provides a cryptocurrency wallet to store your cryptocurrency. They also have multiple security measures implemented such as multi-signature wallets, 3-D Secure protection, 2-factor authentication, Biometric & device verification to name a few.
By using any of the above-mentioned exchange you can easily buy BTC with PayPal. Make sure you check out the fee each exchange charge its users. Also, check out to which countries they provide service to. The exchanges do provide their services to almost all countries but some exchanges permit to buy BTC with PayPal only for a few countries.
Apart from this if you have any questions regarding the topic, then feel free to ask your questions in the comments section below.