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❓ASK How to Buy Bitcoin with PayPal?

to7update

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Lately I've been interested in buying some bitcoin with the goal of trading. I was exploring Coinbase, but the site is not that user-friendly, and I have to transfer my money to them to get it in a e-wallet, and only from there I can buy it. Any other site where I can buy bitcoins directly from my bank account or is it always like this?

Today, Bitcoin is a bit hard to obtain and especially if you want to buy Bitcoins using your PayPal account. It is extremely difficult to find a credible or reliable way to purchase Bitcoins using your PayPal account. However, there is still a way that you can buy your Bitcoins using PayPal.

26348


eToro
eToro is for anyone who lives outside the United States that wants to purchase Bitcoins using their PayPal account. There is a drawback when you use this exchange.
  • You may only purchase the Bitcoins through this exchange.
  • You won't be able to transfer or exchange the Bitcoins.
  • The only possibility you have is to exchange the Bitcoins back to Fiat currency.
  • This is an investment network only and not a purchase and exchange network. However, eToro is in the process of opening an exchange network so it will be possible to transfer your Bitcoins.
  • With eToro you won't need a wallet because this exchange doesn't actually give you the coins. This exchange is used for investing in Bitcoins and holding onto them.
Virwox:
With Virwox it is possible to purchase Bitcoins through this exchange. The transaction rates are quite high. Virwox is the only exchange that has found a way around PayPal chargeback issues. The exchange uses a virtual currency called Second Life Linden Dollars (SSL) as their form of mediation. What is more important is that PayPal allows you to purchase SSL using your funds. This is a simple process to complete:
  • Purchase SSL using your PayPal account.
  • Now use the SSL to purchase your Bitcoins.
  • You will have a limit or cap for the number or amount of SSL you can purchase in a single transaction.
  • Your transactions are delayed up to 48-hours.
LocalBitcoins:
The LocalBitcoins exchange is a marketplace for buyers and sellers. If you decide to use this exchange, keep in mind you'll be working with real people. Therefore, you risk the chance of being scammed for your money after the exchange. The sellers in this exchange will charge a very high transaction fee because they take all the risk of chargebacks. The only good thing about using this exchange is the fact that you will receive your Bitcoins faster.

Wirex:
The Wirex exchange takes an extreme amount of time to complete your transaction. The average exchange time is 10-days. This company uses a Bitcoin debit card for their exchanges. It is possible to use your Wirex's debit card with your PayPal account. This is a great way to buy Bitcoins using your PayPal account.

Paxful:
The Paxful exchange is one of the smaller, less known exchanges that allows you to purchase Bitcoins using Skype credit or even Amazon gift cards. The exchange is simple to use. Just create an account, select your payment method, and decide on the seller. You can also let Paxful choose the seller for you. The exchange uses an online chat room. There you will talk with the seller and finalize your transaction.

It is still possible to buy Bitcoins using your PayPal account. However, you will need to find the right exchange to use and make sure you won't have any issues with PayPal in the end. One reason PayPal no longer allows you to use your account for purchasing Bitcoins. They had too many problems with chargebacks.
 
Ok you can buy bitcoin using paypal by some of the peer to peer sites like local bitcoin.com and paxful.com but I earn you that you should not buy any bitcoin using paypal because once you pay using paypal your money will not be recovered again and the seller keep your money and don't send the btc and also you can't do anything on it.
 
I usually just look for people who can trade me coin for Cryptocurrencies i like and wantedto buy, such as here on BMF and reddit too market places.
 
I'd say that this guide us probably a bit outdated. Virwox no longer allows PayPal deposits and that means you can't buy Bitcoin on there anymore.
I think you can now buy bitcoin on paypal there have been an update so no need of using a third party site to purchase bitcoin anymore that's it
 
You should look after the value of Bitcoin. When I started, it is just at $800. Now, it is above $2,000. Look after the trend. Buy Bitcoin if it has low value. Then you can sell it when it is high. I am actually using our very own Bitcoin wallet in buying and selling Bitcoin.
But how can we know that bitcoin is now in low value? Because Bitcoin value is increasing day by day. And it is not showing that it will go back to less value
 
But how can we know that bitcoin is now in low value? Because Bitcoin value is increasing day by day. And it is not showing that it will go back to less value
You keep monitoring the price in your wallet to know if it is down or not. It is currently on the rise though it has dropped slightly in the last 48 hours.
 
I prefer buying Bitcoin through localbitcoin.com with my PayPal account, that looks okay and familiar to me. I really do some sales through their P2P trading option. I feel very safe buying and selling Bitcoin in the site.
It is better to stick to a site you are much familiar with and the service delivery is very ok. To try other sites is not bad but with little amount.
 
I love the idea of buying Bitcoin with PayPal too, even if I don't use PayPal at the moment. But any exchange platform that induces variety of payment options are very authentic and reliable to do business with.
 
Paypal lately has accepted to buy bitcoins on the same Paypal platform, but they have not enabled the option to get them out of there yet, but they will soon enable it and it will be easier to buy them from Paypal itself.

Another option that I use a lot is the AirTM platform, a very fast way to buy not only bitcoin, but also a couple of cryptocurrencies, I can say that it is very safe for all the terms and conditions it has, this being the case you work with people in real time, but because it is so fast they charge you from 3% to 10% of what you send from Paypal depending on the network.
 
now i think it will be easy with paypal entry into bitcoin. otherwise there a a few exchange sites but with high fee. you can try on forums with escrow for less fee
 
in my case I use binance to buy any cryptocurrency, especially btc, binance is very safe and reliable to buy btc through paypal
 
Today I'm going to show you how to buy crypto on PayPal. Buying cryptocurrency on PayPal is actually MUCH easier than you might think. But what does it mean for crypto at large? Is it easy for new investors? Find out everything you need to know about buying crypto on PayPal in this video. Currently, you are NOT allowed to send crypto to friends or family using PayPal or pay for goods and services using PayPal crypto. There really isn't much that you can actually do. Many people are upset about this. However, there are no transaction fees with Bitcoin when buying it on PayPal for the rest of this year. Buying Bitcoin on PayPal is like riding a bike with the training wheels still on. Find out all of the benefits and disadvantages of doing this in today's video.

The best way to buy Bitcoin with Paypal
 
Lately I've been interested in buying some bitcoin with the goal of trading. I was exploring Coinbase, but the site is not that user-friendly, and I have to transfer my money to them to get it in a e-wallet, and only from there I can buy it. Any other site where I can buy bitcoins directly from my bank account or is it always like this?

Today, Bitcoin is a bit hard to obtain and especially if you want to buy Bitcoins using your PayPal account. It is extremely difficult to find a credible or reliable way to purchase Bitcoins using your PayPal account. However, there is still a way that you can buy your Bitcoins using PayPal.

View attachment 26348

eToro
eToro is for anyone who lives outside the United States that wants to purchase Bitcoins using their PayPal account. There is a drawback when you use this exchange.
  • You may only purchase the Bitcoins through this exchange.
  • You won't be able to transfer or exchange the Bitcoins.
  • The only possibility you have is to exchange the Bitcoins back to Fiat currency.
  • This is an investment network only and not a purchase and exchange network. However, eToro is in the process of opening an exchange network so it will be possible to transfer your Bitcoins.
  • With eToro you won't need a wallet because this exchange doesn't actually give you the coins. This exchange is used for investing in Bitcoins and holding onto them.
Virwox:
With Virwox it is possible to purchase Bitcoins through this exchange. The transaction rates are quite high. Virwox is the only exchange that has found a way around PayPal chargeback issues. The exchange uses a virtual currency called Second Life Linden Dollars (SSL) as their form of mediation. What is more important is that PayPal allows you to purchase SSL using your funds. This is a simple process to complete:
  • Purchase SSL using your PayPal account.
  • Now use the SSL to purchase your Bitcoins.
  • You will have a limit or cap for the number or amount of SSL you can purchase in a single transaction.
  • Your transactions are delayed up to 48-hours.
LocalBitcoins:
The LocalBitcoins exchange is a marketplace for buyers and sellers. If you decide to use this exchange, keep in mind you'll be working with real people. Therefore, you risk the chance of being scammed for your money after the exchange. The sellers in this exchange will charge a very high transaction fee because they take all the risk of chargebacks. The only good thing about using this exchange is the fact that you will receive your Bitcoins faster.

Wirex:
The Wirex exchange takes an extreme amount of time to complete your transaction. The average exchange time is 10-days. This company uses a Bitcoin debit card for their exchanges. It is possible to use your Wirex's debit card with your PayPal account. This is a great way to buy Bitcoins using your PayPal account.

Paxful:
The Paxful exchange is one of the smaller, less known exchanges that allows you to purchase Bitcoins using Skype credit or even Amazon gift cards. The exchange is simple to use. Just create an account, select your payment method, and decide on the seller. You can also let Paxful choose the seller for you. The exchange uses an online chat room. There you will talk with the seller and finalize your transaction.

It is still possible to buy Bitcoins using your PayPal account. However, you will need to find the right exchange to use and make sure you won't have any issues with PayPal in the end. One reason PayPal no longer allows you to use your account for purchasing Bitcoins. They had too many problems with chargebacks.
You provided details that were impressive. I sent some money from my bank account and bought the currency. It also had some similar steps. But I've noticed that there is a price difference between the two methods.
 
Paxful is familiarize to mez I have seen it around the web interface. I have visited the crypto exchanger platform but haven't use it to trade nor buy and sell Bitcoin.
 
now i think it will be easy with paypal entry into bitcoin. otherwise there a a few exchange sites but with high fee. you can try on forums with escrow for less fee
Yes there are a lot of sites which offer to exchange paypal to bitcoin or conversion of other services . Many of them are scams. They take money but don't give saying about some fraud in your network or saying they had some problems receiving the money. So research before you invest or exchange.
 
Wow. I never believed we can buy bitcoin with our PayPal account until I found these information. Well, I will need to give it a trial. I recently lost all my PayPal funds to my ignorance and was restricted by PayPal. Well I will do that as soon as my account is open.
 
Wow. I never believed we can buy bitcoin with our PayPal account until I found these information. Well, I will need to give it a trial. I recently lost all my PayPal funds to my ignorance and was restricted by PayPal. Well I will do that as soon as my account is open.
Yeah paypal added new option of buying cryptocurrencies with paypal balance or credit cards but I didn't try that as I am unable to buy as my country is unsupported for buying cryptocurrencies with paypal till now. Hope they become available soon.
 

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