It is incredibly easier to purchase cryptocurrencies than ever before. All you need to do is put out your mobile and open an app. Even though many reliable ways exist to purchase bitcoin, people now prefer the PayPal account. Yes! You can now Buy Bitcoin with Paypal by following a few steps.
PayPal is one of the few popular online and mobile platforms allowing users to purchase, sell and hold cryptos with little investment. It offers enough convenience to make the crypto transaction regardless of time and location. When you are looking to add crypto to your portfolio, you should think about the right platform to use to avoid hassles.
Regarding ease of use and security measures, PayPal is the best platform to trade cryptos of your choice. You can use your PayPal account without hesitation whether you want to buy bitcoin or Ethereum. But, before that, you should ensure that you know the following things before trading Buy Bitcoin with Paypal.
- It would help to verify your identity by giving the required information when opening the PayPal account.
- You should agree to the PayPal terms and conditions because it helps you to enjoy seamless transactions.
- PayPal charges specific fees based on the amount of crypto purchase and sale. Usually, the amount is lower than other methods. But, it is necessary to check the official site for more details.
- You should have available funds, a linked bank account, or a debit card to complete your purchase.
Scroll down the page to know in-depth details about buying bitcoin with PayPal on different platforms!
How To Buy Bitcoin with Paypal on Coinmama
Since Coinmama is a reliable cryptocurrency exchange, many people wish to use this platform to Buy Bitcoin with Paypal. But unfortunately, Coinmama does not accept PayPal. Remember that you cannot access credit cards added to your PayPal account. In addition, you will not be able to cash out to PayPal on Coinmama.
Coinmama allows bank transfers, SEPA, VISA, MasterCard, and others. These methods help you to purchase bitcoin and other cryptocurrencies as per your needs. Even though you cannot directly access a PayPal account to buy bitcoin, there is some way to meet your demands.
To Buy Bitcoin with Paypal on Coinmama, you need to add your credit or debit card to your PayPal account. Then, transfer the required funds to the credit card and use the card to purchase bitcoin quickly on Coinmama. The entire process is costly and tedious. But, follow the steps below to purchase bitcoins on Coinmama using PayPal.
- Open PayPal and add a credit/debit card to your account.
- Transfer funds from your PayPal account to your debit or credit card. Only eligible cards support this feature. So, check whether your card is applicable to this option.
- If your card supports the transaction, then proceed to transfer. Press transfer to your bank and choose the card under the Instant Section.
You can click on Transfer Money if your card is not supported in the Instant Section. After that, transfer the fund to your bank, choose the bank and proceed as per the instructions. It usually takes up to three days.
How to Buy Crypto on Coinbase Wallet with PayPal
You can now purchase crypto on Coinbase using your bank accounts and debit cards linked to PayPal. Millions of customers use this method to purchase cryptocurrency because it is simple and speedy. It frees you from adding the card numbers and bank account on Coinbase if you have added these details on PayPal.
Also Read:- How To Withdraw From Coinbase To Paypal
Coinbase is a reliable crypto exchange operating in a legitimate environment. This trading platform lets people deposit cryptocurrency and invest in other products. You can follow these steps if you decide to Buy Crypto on Coinbase Wallet with Paypal.
- If you have an existing PayPal account, you can start making the transaction on Coinbase quickly. You do not need to add the card and bank account to Coinbase. You can access PayPal to manage your details securely.
- Once you are ready to fund a crypt purchase with PayPal, choose the bitcoin you wish to purchase.
- Press the payment method and then click “add a payment method” to choose PayPal
- You will reach the PayPal login screen. Provide the required details correctly and check whether your PayPal email address is similar to the Coinbase email address. Or else, you need to go through a two-factor authentication flow.
- Once you log in, choose the bank account or debit card linked to your PayPal account. If you have done, then you can purchase the cryptocurrency easily.
- Finally, tap the pay button. The required amount is charged from your card or bank account. Within a few seconds, the cryptocurrency will deposit into your Coinbase wallet.
PayPal currently supports four cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash, compared to dozens of cryptos available on Coinbase. So, make sure you purchase these cryptos with PayPal and grab huge benefits.
When you Buy Bitcoin with Paypal, you will no longer worry about security and safety. Since PayPal is the trending and widely accepted payment method, it helps you perform transactions instantly and without much hassle.
Setting up a PayPal account is highly easier. So, anyone can utilize this option and invest in the crypto market according to their needs. Since the bitcoin price is skyrocketing, PayPal acts as the best bitcoin trading tool to invest in. It helps you to develop your crypto portfolio quickly.
The above section explains everything about Buy Bitcoin with Paypal and cryptocurrency with PayPal. Ensure you follow the steps mentioned to complete the crypto transactions quickly. Remember that you can use the specific features of Coinbase and Coinmama when you prefer the PayPal method to perform crypto transactions. So, try to check the necessary details beforehand and avoid significant troubles. Keep an eye on the crypto market to make the purchase decision at the right time to grab more benefits.