Paying for BTC with PayPal offers many advantages for its customers. We are receiving an increasing number of email from readers asking us how to purchase crypto0currrencies with PayPal, which is why we are going to present a few of them today.
PayPal, a guarantee of security
PayPal uses strict security rules for remote purchases. Thus, the risks of fraud are reduced thanks to its system.
Moreover, a refund is effective under certain conditions when an order is not regulated. To protect himself against scams, the seller can go through this trusted third party to secure the operation.
Notoriety of the platform
PayPal is recognized as one of the effective ways to buy Bitcoin. For example, the company takes care of currency conversion according to your country.
It is also considered one of the most secure and accessible online e-wallets that allows you to acquire emerging altcoins and Bitcoin in particular.
Ease of use
Speed and simplicity are the points that appeal to more than one user of PayPal, especially since it is completely free.
In addition, when making purchases, there is no longer any question of re-entering banking information. This undoubtedly improves the user experience.
Accessibility for all
People in over 200 countries can use PayPal. The company has millions of business partners with whom it works. There are nearly 267 million users worldwide.
Fast and simple payment process
PayPal processes funds directly without the need for a bank account. The One Touch feature facilitates payment services via PayPal. It becomes easy to deposit funds into your Bitcoin trading account without having to log in again.
In addition to Bitcoin, you can also invest in a wide range of crypto currencies with PayPal. For example, you can invest in Ethereum, XRP and others.
Use Paxful to purchase your crypto with PayPal
Paxful is a peer-to-peer cryptocurrency buying and selling platform that puts Bitcoin (BTC) at the center of all exchanges. These over-the-counter transactions between individuals are meant to be as easy as possible, with various buy/sell options, for easy use even by beginners. Here is our opinion on Paxful, based on criteria of ease of use, security, and the importance of the offer.
Paxful in a few words
The Paxful marketplace was founded in 2015 by Ray Youssef and Artur Schaback. the company being based in Estonia.
Paxful works very similarly to LocalBitcoins, as all exchanges are done over-the-counter, via the platform, which serves as a collateral and matchmaker between sellers and buyers.
The platform is ideal for getting started in the cryptosphere and buying bitcoins, as the large number of payment methods will allow everyone to find their favorite.
How to buy Cryptos with PayPal?
To conclude, it appears that acheter du bitcoin avec PayPal is a simple and secure method to buy Bitcoin. All you need to do is have an account and sign up with an online broker that accepts this payment method.
What are the advantages of purchasing BTC with PayPal?
- A simple payment process
- A quick and familiar operation for those who already have a PayPal account
- Take advantage of an international brand that uses state-of-the-art encryption and anti-fraud technology
- Pay with a trusted partner used by over 267 million users worldwide
- Use the funds directly from your PayPal account without having them go through a bank account for example
A few questions we often get asked regarding PayPal:
How can I open a PayPal account?
You can open a PayPal account directly on the company’s website. This way, you will be able to shop online, request or send money to your friends and family quickly and buy and sell on eBay. The process of opening an account with PayPal is free. You just have to follow a few steps. Then you can register your card, bank account or other source of funds to link to your PayPal account.
Can I get bitcoins with PayPal without verification?
Although some platforms allow you to obtain cryptocurrencies without providing any identification, PayPal is not an anonymous payment method because you must fund your account from a source that is linked to your identity. Paxful is one of the platforms that allow you to buy Bitcoins with PayPal without identity verification. However, you will be required to provide your email address and phone number in order to make a transaction. Without validation of your identity, Paxful will not allow you to obtain more than the equivalent of $1,500 in trade volume or wallet activity per year.
Are PayPal fees more expensive than credit and debit card fees?
It would seem that using PayPal as a payment method for purchasing Bitcoins is more risky than using other payment methods. For this reason, PayPal’s user fees can sometimes be higher than those of credit cards. Since PayPal does not charge or charge little in your own currency, it will depend on the platform you use.
Can I purchase other crypto-currencies with PayPal?
Depending on the exchange or trading platform you use, you’ll be able to get other crypto-currencies besides Bitcoin. eToro, for example, offers trading in 21 crypto-currencies. Among the most popular ones, you can profit from XRP, Ethereum or Stellar against the Euro but also against other currencies such as USD, CHF, NZD, CAD, AUD or even GBP.
Are there any risks when obtaining Bitcoin with PayPal?
The risks of fraud when obtaining BTC with PayPal are mainly related to potential chargebacks. This is especially true for sellers using peer-to-peer Bitcoin buying platforms like LocalBitcoins or Paxful.
Can I trade Bitcoins directly through PayPal?
It is not possible to obtain Bitcoins with PayPal (or sell them) without going through an exchange platform.