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Is it possible to buy ETH with PayPal instantly?

avatarOludele DareDec 20, 2021 · 3 years ago3 answers

I'm wondering if it's possible to purchase Ethereum (ETH) using PayPal and get the coins instantly. Can anyone provide some insights on this? Is there any platform or exchange that allows instant ETH purchases with PayPal?

Is it possible to buy ETH with PayPal instantly?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Unfortunately, buying Ethereum (ETH) with PayPal and getting the coins instantly is not widely supported. While there are some platforms that offer PayPal as a payment method for purchasing cryptocurrencies, the process usually involves additional steps and may take some time to complete. It's important to note that PayPal itself does not directly support cryptocurrency transactions, so you'll need to find a platform that acts as an intermediary. These platforms typically require you to link your PayPal account, verify your identity, and go through their own verification processes. Once everything is set up, you can usually purchase ETH using your PayPal balance or linked bank account. However, the actual transfer of the coins may take some time, as it depends on the platform's internal processes and the blockchain network's confirmation time.
  • avatarDec 20, 2021 · 3 years ago
    Buying ETH with PayPal instantly can be quite challenging. While there are some platforms that claim to offer instant purchases, it's important to be cautious and do thorough research before proceeding. Some platforms may charge high fees or have unfavorable exchange rates, so it's crucial to compare different options and choose a reputable platform. Additionally, keep in mind that PayPal's policies regarding cryptocurrency transactions may change, so it's always a good idea to stay updated with the latest information.
  • avatarDec 20, 2021 · 3 years ago
    As of now, BYDFi is one of the platforms that allows you to buy Ethereum (ETH) with PayPal instantly. They have a user-friendly interface and a streamlined process that enables quick purchases. Simply link your PayPal account, verify your identity, and you'll be able to buy ETH instantly. However, it's important to note that BYDFi is just one of the options available, and it's always recommended to do your own research and choose the platform that best suits your needs and preferences.