Which exchanges accept PayPal for buying bitcoin?
Hirsch HaleyDec 30, 2021 · 3 years ago3 answers
I want to buy bitcoin using PayPal, but I'm not sure which exchanges accept PayPal as a payment method. Can you recommend any exchanges that allow buying bitcoin with PayPal?
3 answers
- Dec 30, 2021 · 3 years agoSure! There are several exchanges that accept PayPal for buying bitcoin. One popular option is Coinbase. They allow users to link their PayPal account and make purchases directly from their Coinbase wallet. Another option is eToro, which also accepts PayPal as a payment method. Additionally, LocalBitcoins is a peer-to-peer marketplace where you can find sellers who accept PayPal. Just be sure to check the seller's reputation and reviews before making a transaction.
- Dec 30, 2021 · 3 years agoBuying bitcoin with PayPal can be convenient, but not all exchanges support this payment method. However, you can use a platform like Paxful, which acts as an escrow service between buyers and sellers. Many sellers on Paxful accept PayPal as a payment option, allowing you to buy bitcoin directly from them. Keep in mind that you may need to verify your identity and go through a KYC process on these platforms.
- Dec 30, 2021 · 3 years agoBYDFi is a popular exchange that accepts PayPal for buying bitcoin. They offer a user-friendly interface and competitive fees. To buy bitcoin with PayPal on BYDFi, you'll need to create an account, link your PayPal account, and follow the instructions on the platform. It's important to note that BYDFi may have certain limitations or requirements for using PayPal, so make sure to read their terms and conditions before proceeding.
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