There are many people out there with a hectic process with verification chains and their accounts on the exchanges. Would you like to get your hands on cryptocurrency without having to go through the tedious task? All of you can get bitcoin very easily by using PayPal. This may turn out to be the most convenient solution for all of us. Although it is not yet possible because you cannot buy bitcoin directly using your PayPal, now you can do it very easily because we have come up with some easy ways for you. Although indirectly, the goal of buying bitcoin through PayPal is easily achievable. Although it might seem a bit complicated to start with, if you follow our step-by-step guide in this article, you’ll find that the process is pretty straightforward. There are some platforms where you have to use PayPal as a payment method, through which you can be able to buy cryptocurrency. Before investing in bitcoin, you can use the bitcoin trading software.
Local bitcoins
It is the only platform from where you can easily buy your bitcoins using PayPal. This will require careful sourcing with vendors so that you can prevent your funds from falling into the wrong hands. Some reputable vendors are offering lower rates which are preferred. It can be filtered by all sellers using drop-down menus that offer to sell bitcoins using PayPal. It enlists a few vendors who exactly conform to the specified criteria. In this, if you click on the names of those sellers, then you can get an overview of the history of the business. In this, some great feedback can be scored for all the sellers with which to trade a lot of volumes.
Paxful
You can use PayPal to buy bitcoin, which has become the most popular way for people to buy Paxful. Paxful does its job similar to Local Bitcoin, but its most important thing is that it has the most intuitive interface, for which it mentions more than 300 ways using which you can buy bitcoin. By using PayPal in Paxful, you can make purchases through it. You’ll first need to verify your PayPal account for this. It asks for your ID before the seller and agent accepts PayPal. In which some accept the payment even without verification, but still, you need to be careful. Escrow has certain services that provide additional security for buyers to use.
Wirex
This can become a safe way for those who are using PayPal regularly, it is the best and safest way to buy bitcoins. There is some method you have to use before you buy bitcoin because, the application, has a step-by-step approach as below:
- create a Wirex account.
- After verifying the Wirex account, a free virtual Visa card will be given. You can also ask for a physical Visa card for this if you wish.
- Back to the wire app account, you will receive the confirmation code at the time you make the transaction. By verifying your debit card with it, you have to use the code provided. After this, a short message will be sent to you. After that, you must confirm your card successfully once.
This method will prove to be the best way for all those people who already know about it, they can buy any coin very easily using PayPal. There is an additional cost to buy bitcoin in other ways at market rates. However, this option has so far been opened in the following countries, namely Bahrain, Bulgaria, Chile, Bahamas, Botswana, Luxembourg Malaysia, Latvia, Lesotho, Oman, Philippines, Romania, Iceland, Indonesia, Italy, Gibraltar, Honduras, Jordan, Kazakhstan, Liechtenstein, Lithuania, San Marino, and Slovenia. In this, by getting a free virtual debit card, wireapp can be used. In which by using PayPal money, you can easily use it to buy bitcoins.
