Bitcoin is by far the most popular crypto coin on the market. A lot of invests or speculators trade bitcoin for a profit, and some of them have been quite successful in doing that. People can buy Bitcoin using various payment methods, but does that mean you can also buy Bitcoin using PayPal? And if the answer is yes, which platforms allow you to do just that? In this post, we’ll try to give you a quick and clear explanation.
Can you buy Bitcoin with PayPal? The short answer is yes. While not a lot of websites or platforms allow you to do that, some of them do provide the service.
As far as we know, currently, there are at least 3 websites that can offer the PayPal to Bitcoin buying service. The names are as follows:
Although the above platforms all allow you to buy bitcoin with PayPal. There are differences. Paxful and Localbitcoins are a P2P buying platform, which means you can purchase actual Bitcoins from other individuals (the sellers), and you can store your bitcoins in your bitcoin wallet. eToro is actually an online forex broker, and it allows you to trade Bitcoins for profit. But for now, most traders don’t actually own the real bitcoins.
YouMoneyPal has personally tested Paxful and eToro, and they both work well in terms of buying and selling Bitcoins. We didn’t actually test Localbitcoins, but according to our research, Localbitcoins is very similar to Paxful in terms of how it works.
If you are looking to buy Bitcoins using PayPal, you should try out the above websites, and don’t forget to share your experiences with us.