Buy Bitcoins with PayPal to Get Unlimited Benefits!
Do you want to invest in the cryptocurrency market as there is a huge spike in recent times? If yes, then give top priority to the bitcoin. Being the most valuable cryptocurrency, it gives excellent opportunities for investors and traders to diversify their portfolios with the bitcoin investment.
When looking for the best way to Buy Bitcoins with PayPal, many people often engage with PayPal. PayPal is one of the widely accessed methods to send and receive money throughout the world. Millions of people access this payment option because of its security and safety protocol. Are you thinking about How to Buy Bitcoins with PayPal? Well! It is advised to read the following section carefully because it describes everything involved in the payment process.
Why Prefer Buy Bitcoins with PayPal?
Over a decade, PayPal has obtained a leading role in the online payment service. However, even though PayPal offers so many exciting features, people are very much impressed with the e-wallet to purchase bitcoins and other emerging altcoins.
So, whenever you wish to buy bitcoin and start your crypto investment journey, you have to choose PayPal because it is the reputable and safest payment method for all sorts of bitcoin transactions. Look at below to know more reasons to use PayPal for crypto transactions.
- As said earlier, PayPal is the worldwide accepted payment method with huge numbers of peer-to-peer marketplaces. It connects the bitcoin sellers and purchasers directly, thus making the investment easier than ever before.
- Even though bitcoin exchanges and marketplaces accept PayPal as the major form of payment, the easiest way to buy the bitcoin with PayPal is through CFD platforms. If you invest in Bitcoin CFDs, you do not require to own the bitcoin physically. You can take the investment position according to the pricing of the bitcoin.
- Since PayPal is advanced with the new one-touch functionality, you will make the payments much faster. Yes! Without entering your login details each time, you will make a deposit into the bitcoin exchange account and purchase the bitcoin easily.
- When accessing PayPal as your trusted bitcoin deposit method, you will get the site’s buyer protection. PayPal will reimburse your money when the bitcoin does not come from your seller, or the amount does not match with the bitcoin seller’s description. So, you will get peace of mind.
- PayPal is the most trusted brand and is equipped with state-of-the-art encryption and anti-fraud technology. Since it works hard to maintain the reputation and credibility for user protection, it monitors all the transactions 24×7 with the help of anti-fraud technology. This technology is designed to find the theft and phishing attacks on your critical and sensitive data. In addition, all your transactions to the bitcoin exchange is encrypted from your PayPal account.
How To Start The Process?
Are you thinking about How to Buy Bitcoins with PayPal? If yes, then you have to know much about the following aspects. It helps you to begin the whole process easily and quickly.
Log In To PayPal Account
You have to log in with your PayPal account details if you are the existing user. Or else, you need to create the account by inputting the required details. Once you logged in, navigate to the crypto section on the dashboard and pick up the bitcoin from the cryptocurrency list.
Analyze and Purchase
Once you choose the bitcoin, PayPal will show you the exact price history ranging from 24hours to one month. Take assistance from the price history because it helps you to make the right decision. Spend some time and analyze the growth pattern and press the purchase button. After that, you will see the default worth bitcoin options. You can either choose from the default worth or enter the custom amount as per your requirements.
Choose The Payment Method
When you are the existing PayPal user, go ahead with your existing payment method. Or else, you have to choose the payment method, whether it is the bank account or debit card. Keep in mind that PayPal does not support credit cards and crypto transactions. After selecting the payment method, look at the review page to know about the exchange rate, transaction fees, and total purchase cost. Then, click on buy now once you have reviewed your purchase.
So, here are the major instructions on How to Buy Bitcoins with PayPal? Use it properly to complete your transaction and get access to bitcoin. If you have any doubt regarding this, research well and find the best way to complete your crypto transactions.
Options To Purchase Bitcoin with PayPal
You will have too many options to turn your PayPal balance into bitcoins and other cryptocurrencies. Therefore, having enough knowledge and understanding about those options are highly important. Here are the different ways on How to Buy Bitcoins with PayPal?
The Peer-to-peer (P2P) marketplace is much similar to the exchange. However, it does not have anything in between the seller and purchase. Instead, it lets you purchase the bitcoins from other users rather than purchasing from the exchange.
Almost all the cryptocurrency investors are buying and selling the coins through the exchange. Even though crypto exchanges are banned from doing business via PayPal, you can still trade money accessing cryptos in its account with the help of many platforms. People can utilize PayPal when they wish to purchase the bitcoin with PayPal.
P2P Lending Platforms
Another popular way to buy bitcoin with PayPal is by accessing the P2P lending platforms. It lets you borrow the bitcoins and then pay the loan by accessing the PayPal account. You can use different platforms such as XCoins according to your needs.
Purchase Bitcoin Through PayPal
In recent times, PayPal rolled out the direct purchase of the Bitcoin within the PayPal digital wallet. It lets the users hold the bitcoins they purchased through the services. Additionally, users can access them to pay PayPal-supported merchants.
But, users cannot send those coins to other accounts and withdraw them. Besides, you will get a high maximum limit and varying transaction fees according to the size of the purchase. Therefore, you have to follow few steps to fulfill your purchase decision. Apart from bitcoin, you will also buy ethereum, localcryptos, and others.
Benefits of Buy Bitcoins with PayPal
- One of the major benefits of buying bitcoin with PayPal is the faster sign-up process. Yes! You will complete the signing process as quickly as possible. But, it is not possible when you access other payment options such as wire transfer, credit, or debit cards. In these processes, users need to undergo a long process. Buy Bitcoins with PayPal, you have to log in to your account and access it instantly.
- This platform provides a guarantee of superior quality transactions. It does not compromise on the security aspect, and thus you will stay worry-free. Since PayPal is in the money transfer industry for a long time, its policy makes sure quality services to the customers. So, you will expect the best and quality transaction from this platform. Once you access this payment option, you will never look for other options.
- Another interesting benefit of accessing PayPal is getting the option to select peer-to-peer purchasing over the traditional exchanges. Users can also purchase bitcoins when all the terms are acceptable. This platform connects all the sellers directly. So, whenever the purchaser agrees to the term and completes identity verification, the bitcoins transfers to their wallet instantly.
- You no longer worry about sharing your bank information when trading. It is the most important benefits people get from Buy Bitcoins with PayPal. Sharing bank information is quite risky, especially when the exchange or marketplace is hacked. When you have a verified PayPal account, you need not think about these hassles. Make the bitcoin transactions with peace of mind.
- Convenience is the most vital aspect people consider when trading in the cryptocurrency market. With PayPal, you will assure with a higher level of convenience because it offers one-touch checkout functionality. It helps you to complete the transaction immediately. It means you are not required to wait to deposit the funds into the exchange and perform the login process every time to buy the bitcoin. Instead, within a single touch, you will complete the whole process.
This guide is highly helpful for those who do not know How to Buy Bitcoins with PayPal? It simplifies the possible methods by which you will access PayPal and purchase the bitcoins easily. As per the recent update by PayPal, you can hold the cryptos purchased on PayPal on the platform itself.
It does not let the users withdraw assets to another cryptocurrency wallet. It means the bitcoin you purchase will not transfer to another platform. You have to keep this thing in mind and then look for the investment options. Besides, you will enjoy a high level of convenience and ease when Buy Bitcoins with PayPal.