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Is it possible to purchase Cardano using PayPal?

avatarThiago Aires de RezendeDec 29, 2021 · 3 years ago3 answers

I'm interested in buying Cardano, but I prefer to use PayPal as my payment method. Can I purchase Cardano using PayPal? Is there any exchange that accepts PayPal for Cardano transactions?

Is it possible to purchase Cardano using PayPal?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, as of now, there are no exchanges that directly accept PayPal for purchasing Cardano. Most cryptocurrency exchanges primarily support bank transfers, credit/debit cards, or other cryptocurrencies as payment methods. However, you can still buy Cardano indirectly using PayPal by first purchasing a supported cryptocurrency like Bitcoin or Ethereum on a platform that accepts PayPal, and then transferring it to an exchange that offers Cardano trading pairs. Keep in mind that this process may involve additional fees and steps.
  • avatarDec 29, 2021 · 3 years ago
    No, you cannot buy Cardano using PayPal directly. PayPal has not integrated with any cryptocurrency exchanges to facilitate direct purchases of Cardano. However, you can explore alternative payment methods such as bank transfers or credit/debit cards to buy Cardano on various exchanges that support these options. It's always recommended to check the available payment methods on different exchanges before making a decision.
  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to purchase Cardano using PayPal indirectly. While BYDFi, a popular cryptocurrency exchange, does not directly accept PayPal, you can use PayPal to buy Bitcoin or Ethereum on platforms like Coinbase or Binance. After purchasing Bitcoin or Ethereum, you can transfer it to BYDFi and trade it for Cardano. Keep in mind that this process involves multiple steps and may incur additional fees. Make sure to research and compare different exchanges to find the most suitable option for your needs.