Today,  it’s easier than ever to buy Bitcoin (BTC) online. As the industry has increased in popularity and its technical capabilities have developed, the payment methods you’re able to access has improved. To give you the lowdown on one of the best payment options, we’ve compiled a complete guide to buying BTC and altcoins using PayPal.

CEX
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Min Deposit
$20
United States
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies
Cex.io offers exchange of fiat currency for Bitcoin and Ethereum, as well as Bitcoin/Ethereum trading against the USD.
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
$
United States
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Bitpanda
Key Features
Supports EUR, CHF, GBP or USD
Multiple Payment Options
Fast & Reliable
Min Deposit
$
United States
Key Features
Supports EUR, CHF, GBP or USD
Multiple Payment Options
Fast & Reliable
Payment Methods
Visa, Mastercard, NETELLER, Skrill, Sofort, Giropay, EPS, Credit Card
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
Bittrex
Key Features
International Partner Network
Security a Top Priority
Min Deposit
$
United States
Key Features
International Partner Network
Security a Top Priority
Payment Methods
Credit Card
Coinbase
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Min Deposit
$
United States
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Coinmama
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Min Deposit
$60
United States
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Payment Methods
Debit Card
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
AEX
Key Features
Updated Social Stream
Compatible on iOS, Android & Windows
High Quality Platform
Min Deposit
$
United States
Key Features
Updated Social Stream
Compatible on iOS, Android & Windows
High Quality Platform
Payment Methods
Debit Card, Cryptocurrencies, Wire Transfer
Coinfloor
Key Features
London Based Cryptocurrency Exchange
Most Liquid GBP Exchange
Min Deposit
$
United States
Key Features
London Based Cryptocurrency Exchange
Most Liquid GBP Exchange
Payment Methods
Xcoins
Key Features
Simple to Sign Up
Accepts Paypal
Min Deposit
$
United States
Key Features
Simple to Sign Up
Accepts Paypal
Payment Methods
PayPal, Bank Transfer
Bitbay
Key Features
Withdraw at ATMs
Fast International Transfers
Fast Deposits & Withdrawals
Min Deposit
$
United States
Key Features
Withdraw at ATMs
Fast International Transfers
Fast Deposits & Withdrawals
Payment Methods
Wire Transfer, Cryptocurrencies, Express Polish Post Office 24/7, Express Zabka Market, Express Dotpay
Bit-Z
Key Features
OTC Services Offered
Min Deposit
$
United States
Key Features
OTC Services Offered
Payment Methods
BX.in.th
Key Features
Create market and limit orders
Thai Bitcoin Exchange
Charting Software Available
Min Deposit
$
United States
Key Features
Create market and limit orders
Thai Bitcoin Exchange
Charting Software Available
Payment Methods
Cryptocurrencies
Website. BX.in.th. BX.in.th is a Thailand-based exchange by Bitcoin Co. Ltd., a company that has been providing services Bitcoin and other crypto-currency, such as Ethereum, Ripple and ICO tokens.

Best PayPal Cryptocurrency Exchanges

Buy BTC with PayPal

Buy cryptocurrency using PayPal

Although eBay has become the home of PayPal over the last two decades, it’s now become an emerging force in the cryptocurrency industry. One of the main reasons traders have taken to this eWallet payment solution is the level of anonymity it offers. Although it’s not as anonymous as crypto-to-crypto payments, you do have to enter fewer personal details than, for example, credit cards. To explain more, let’s take a look at buying cryptos using PayPal.

How PayPal Payments Have Made it Easier to Buy Bitcoin

One of PayPal’s greatest strength is its efficiency. Firstly, because it’s an online payment solution, the way you access and use PayPal is similar to the interface of a leading exchange such as 24Option Trading. To put it another way, PayPal is an online innovation in the same way our recommended cryptocurrency exchanges are, which creates a certain connection between them.

Secondly, because the two mediums share one common root (i.e. the internet), moving money from one to another is extremely quick. Because your funds aren’t being funnelled through a traditional bank, it can take less time to make Bitcoin deposits and, importantly, withdrawals using PayPal.

The Largest PayPal Cryptocurrency Exchanges

When it comes to using PayPal crypto exchanges, liquidity is important. Without enough users buying and selling, it’s hard to get the coin you want at the best price. Although the rankings can always change, some of the largest PayPal exchanges are:

eToro: Active in 200 countries, eToro has three million users, 200,000 of which are active on an average day.

LocalBitcoins: A direct peer-to-peer platform where individuals can advertise the BTC they’re selling, this site has thousands of daily listings.

Markets.com: In addition to offering markets on 2,000+ instruments, Markets.com is publicly listed in the UK and has five million registered users.

PayPal Bitcoin Payments vs. Other Payment Methods

If you’re wondering if buying Bitcoin using PayPal is for you, here’s how the method compares to credit cards and other processors.

Security: Like credit cards and bank transfers, PayPal is highly secure. As well as offering a form of protection on certain transactions, you don’t need to put in a series of personal details when you make a deposit. For example, when you make a deposit using the xCoins Exchange, you only need to enter the email address associated with your PayPal account. By entering fewer personal details (i.e. name, address, card number), this method is deemed to be one of the safest.

Fees: Of the cryptocurrency exchanges we recommend, virtually all of them have no deposit fees for PayPal transactions. One thing you will have to note is the minimum deposit. This will vary from site to site. For instance, Xtrade Exchange has a minimum deposit of £200 (or local equivalent) while Makets.com is £100 (or local equivalent).

Availability: Although PayPal is one of the slicker Bitcoin payment methods, it’s not as readily available as credit cards or bank transfers. Therefore, your choice of exchanges will be limited.

As you can see, buying BTC with PayPal has plenty of advantages. To buy BTC using your eWallet, take a look at our table of recommended brokers.

Top Cryptocurrency Exchanges to buy with PayPal

 

For other payment methods, see:

Featured image source: Pixabay