Buy Bitcoin with Paypal

This page shows the best websites to buy Bitcoin using your PayPal account. While this was pretty complicated in the past, luckily there are a couple of websites which allow you to buy Bitoin with Paypal nowadays. Heres a comparison of the exchanges:

Compare your Top 3 Bitcoin Exchanges
Choose Provider 1:
Choose Provider 2:
Choose Provider 3:
Provider
Pro and Contra
Has been hacked?
Fees
Security
Trading
Fast Support!
78 78
Pro
  • Competitive fees
  • Good security
  • Accepts many different FIAT currencies
Contra
  • Website could use some improvements
  • Doesn't keep the pace with competition
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes, 1% + 5 USD
Trading Fees:
0.0 - 0.15%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
Easy & Private
76 76
Pro
  • Private and fast
  • Easy to Use
  • No ID verification required
Contra
  • Need to keep an eye for scams
  • Not suitable for large buyers
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
1%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
82 82
Pro
  • Low fees
  • A wide variety of payment methods and currencies accepted, at least in theory
  • Easy to join and get going
Contra
  • Mixed reviews
  • Slow customer support
  • High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
Commissions for buyers using unusual payment methods
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
70 70
Pro
  • Easy to get verified ( 2 factor authentication)
  • Accepts Credit Card and PayPal
  • 24 hr expected resolution through their help-desk
  • Referral program
Contra
  • Website is too plain (there are no charts and no transparency)
  • A good number of negative reviews about how they operate
  • Was hacked
Has been hacked? Yes, around January 2017 Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
PayPal processing fee of 2.9% + $0.30 on top of the loan amount and interest.
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
76 76
Pro
  • Numerous deposit options, including PayPal
  • Multiple cryptocurrencies
  • Trustworthy and reliable
Contra
  • Low liquidity
  • No live chat support
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.45%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
72 72
Pro
  • Fast transaction (you almost instantly get the coins transferred into your wallet if they have stocks)
  • Community Involvement (they are very active in the forums)
  • Website is straightforward and easy to navigate
Contra
  • Only Paypal
  • Very basic site
Has been hacked? Fees
Deposit Fees:
No
Withdrawal Fees:
None, you pay their crypto price and that's it, aside from PayPal charge.
Trading Fees:
None, they sell high.
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website

Best Places to Use Your PayPal to Buy Bitcoins

There are a handful of websites that accept PayPal as a payment method to purchase Bitcoin. But is it a good thing or not? PayPal is synonymous with internet shopping as it bridges the gap between the real world and the internet. With this being said, what are the websites that you can use PayPal to purchase Bitcoin?

Websites that accept PayPal

  1. Paxful.com – What’s great about Paxful is the fact that aside from PayPal, they have a very long list of payment methods that you can choose from! To name a few you can pay using Amazon Gift Card, Western Union, OneVanilla Gift Card and any Credit Card.
  2. LocalBitcoins.com – One reason why LocalBitcoins remains at the top of Bitcoin exchange websites is the fact that they exist in virtually every country in the world. With just a few clicks of a button, you can search the sellers on which country you are currently at and choose from a list of payment methods.
  3. Xcoins.io – With Xcoins, verification is really fast and easy. The good thing about them is that they integrated the 2FA process along with your verification so that you would always have it activated. They accept PayPal and Credit Card payments to purchase Bitcoin.
  4. WeSellCrypto.com – WeSellCrypto is unique as they only accept PayPal payments in order for you to purchase Bitcoin from them. But they have verification levels that cap your daily Bitcoin purchases. The minimum daily limit would be $15.00 worth of Bitcoin/or other crypto currencies being sold. The minimum daily purchase is $3.00 worth of Bitcoins or your selected crypto.

In peer-to-peer market trading places like LocalBitcoins and Paxful, you would be charged by PayPal per transaction. LocalBitcoins does not have fees for buying/selling Bitcoins but they do charge 1% for every successful transaction for an advertised trade. Paxful doesn’t have any fees for PayPal transactions, but that doesn’t go the other way around.

Exchange websites such as WeSellCrypto and Xcoins, Bitcoin price would be from 10%-20% higher than the regular market value. You will still be charged by PayPal for the transaction and you would be given the total payment (including all the charges) when you checkout from exchange websites.

Risk in using PayPal for Bitcoin exchange websites

There is always risk involved when it comes to Bitcoin exchanges. Factors would include scam websites, fraudulent sellers/buyers and reverse payments just to name a few.

When using PayPal to purchase Bitcoin from websites like WeSellCrypto and Xcoins, you are actually buying Bitcoins from the website itself. The risk involved here would be to make sure that you do not get scammed in the process. Before using your PayPal with any transaction, do your research against that website you are planning to transact with. Especially with the payment method you are planning to use.

In selling Bitcoins through websites like LocalBitcoins and Paxful where peer-to-peer transactions are made, you need to make sure that you would stay away from PayPal payments. There are countless instances not just in purchasing Bitcoin through exchange websites but issues with e-commerce websites like Amazon/eBay regarding fraudulent buyers calling up PayPal and have them reverse the payment due to some issue. As a seller, that would be an automatic loss for you, not to mention your account being possibly blocked. You can read more about this issue on this link.

Useful Links