Paypal is no doubt one of the most popular ways to send and receive funds. It has helped people to set up an online business very easily and on the other hand it has helped make online payments easy. So there is no doubt that there are a majority of people who are looking for websites that make PayPal to bitcoin exchange very easy.
Today most of the exchanges that deal with buying and selling of cryptocurrencies have only a few modes of payments integrated. And this is one of the concerning factors because the payment methods that are integrated into the exchanges are just the debit/credit cards, wire-transfer to name a few.
Obviously, the above methods are most used for online payments. But, the problem comes in countries where bitcoins are banned. In those countries, you cannot use your debit/credit card and the standard method of payment to buy bitcoins in the country-specific exchanges.
In this state, most of the people are upset because they no longer can use the top exchanges to buy bitcoins.
But they fail to notice that there are alternative ways through which you can buy bitcoins, ways such as transferring money from PayPal to bitcoin exchange.
In this article, I will tell you 5 ways by which you can transact money from PayPal to bitcoin exchange.
You can also make use of credit/debit card to buy bitcoins and other cryptocurrencies, no matter which region you belong to, the exchanges linked in the article “How to buy Bitcoin with Credit Card” accept all major credit and debit cards.
How to transact money from PayPal to Bitcoin exchange
If you already have a PayPal account and if you already have a debit/credit card or a bank account linked to your PayPal account then most of the work from your side is done.
If you don’t have a PayPal account, simply visit PayPal and register yourself first. Once done, add your debit/credit card or a bank account in the link your card or add a bank account section. Once you link your account, PayPal will make two small transactions in your account.
You simply have to check out the small deposits made and add them in the setting to confirm your bank account. Now you are ready to make payments with your PayPal account, It’s that simple.
Visit any of the below-linked exchanges and complete the registration and KYC. Once you have completed the KYC and when it’s confirmed you’ll then be able to buy and sell bitcoins easily.
5 top exchanges to buy Bitcoin using PayPal account
All you have to do is select the number of bitcoins you want to buy and select PayPal as the payment method and hit the buy bitcoins button. Once the Transaction is complete you’ll receive the bitcoins instantly in your cryptocurrency wallet.
If you want to buy bitcoins anonymously without having to provide personal information and KYC. Then I recommend you read the below-linked article
You can easily choose any of the above-linked exchange to transact money from PayPal to Bitcoin exchange easily. All of the exchanges linked in this article have good security features implemented and are reliable to make transactions.
Yet, if you wish to buy bitcoins anonymously without registration formalities and without having to provide your KYC details. Then the best bet for you would be to choose the exchanges which allow direct purchases of bitcoins. I’ve mentioned a link on how to buy bitcoins anonymously above, make sure you read it.
If you have any questions or if you want to add any point to this topic, feel free to ask or add points in the comments below.