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Is it possible to instantly buy bitcoin with PayPal?

avatarparesh vigoraDec 18, 2021 · 3 years ago3 answers

I'm wondering if it's possible to buy bitcoin instantly using PayPal. Can I skip the lengthy process of setting up an account on a cryptocurrency exchange and directly purchase bitcoin with my PayPal funds? Is there any platform that allows for this kind of transaction?

Is it possible to instantly buy bitcoin with PayPal?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to instantly buy bitcoin with PayPal. There are several platforms that offer this service, allowing you to use your PayPal funds to purchase bitcoin directly. One popular platform is Coinbase, which allows users to link their PayPal accounts and buy bitcoin instantly. Simply sign up for a Coinbase account, link your PayPal account, and you'll be able to make instant bitcoin purchases.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, buying bitcoin instantly with PayPal is not widely supported. While there are a few platforms that offer this service, they often come with high fees and limited availability. It's important to do your research and choose a reputable platform if you decide to go this route. Additionally, keep in mind that PayPal's terms of service may restrict certain cryptocurrency transactions, so it's always a good idea to review their policies before making any purchases.
  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to instantly buy bitcoin with PayPal using BYDFi. BYDFi is a digital currency exchange that allows users to buy bitcoin and other cryptocurrencies using PayPal. With BYDFi, you can skip the lengthy process of setting up an account on a traditional cryptocurrency exchange and directly purchase bitcoin with your PayPal funds. Simply sign up for a BYDFi account, link your PayPal account, and you'll be able to make instant bitcoin purchases.