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What are the best platforms to purchase crypto with PayPal?

avatarGonzalo FreddiDec 20, 2021 · 3 years ago7 answers

I'm interested in purchasing cryptocurrency using PayPal, but I'm not sure which platforms are the best for this. Can you recommend some reliable platforms that allow purchasing crypto with PayPal?

What are the best platforms to purchase crypto with PayPal?

7 answers

  • avatarDec 20, 2021 · 3 years ago
    Sure! One of the best platforms to purchase crypto with PayPal is Coinbase. It's a well-established and reputable exchange that offers a user-friendly interface and supports PayPal as a payment method. You can easily link your PayPal account to Coinbase and buy cryptocurrencies like Bitcoin, Ethereum, and more.
  • avatarDec 20, 2021 · 3 years ago
    If you're looking for a more decentralized option, you can consider using LocalBitcoins. It's a peer-to-peer marketplace where you can find sellers who accept PayPal as a payment method. However, it's important to be cautious and only trade with reputable sellers to avoid scams.
  • avatarDec 20, 2021 · 3 years ago
    BYDFi is another platform that allows purchasing crypto with PayPal. It offers a wide range of cryptocurrencies and has a user-friendly interface. You can easily connect your PayPal account and start buying crypto. Just make sure to do your own research and consider the risks involved in crypto trading.
  • avatarDec 20, 2021 · 3 years ago
    When it comes to purchasing crypto with PayPal, eToro is also worth mentioning. It's a social trading platform that allows you to buy and sell various cryptocurrencies, including Bitcoin, Ethereum, and more. eToro supports PayPal as a payment method, making it convenient for users.
  • avatarDec 20, 2021 · 3 years ago
    If you prefer a more traditional exchange, you can check out Kraken. It's a well-known exchange that offers a wide range of cryptocurrencies and supports PayPal as a funding method. Kraken has a strong reputation in the crypto community and provides advanced trading features.
  • avatarDec 20, 2021 · 3 years ago
    Another option for purchasing crypto with PayPal is Paxful. It's a peer-to-peer marketplace where you can find sellers who accept PayPal as a payment method. Paxful offers a secure escrow system to protect buyers and sellers during the transaction process.
  • avatarDec 20, 2021 · 3 years ago
    PayPal itself has also started offering the ability to buy, hold, and sell cryptocurrencies directly within their platform. This makes it even more convenient for PayPal users to get involved in the crypto market. However, it's important to note that the availability of cryptocurrencies may vary depending on your location.