However if you want to buy bitcoin with paypal that s another story. Back in 2015 paypal announced that merchants on their platform could accept bitcoin ctrl cmd f for bitcoin. Paypal is one of the most convenient payment methods for people around the world to send and receive payments.
However this is best known way to purchase bitcoins using your paypal account. However you need to be careful while picking the seller. This is another marketplace where you can purchase bitcoin using paypal.
How to buy bitcoin with paypal account 1. The reason for that is because their platform is regulated by cysec cyprus securities and exchange commission and the fca. The best method to buy bitcoin with paypal in the uk is via etoro.
Another alternative is to use an exchange where you can sell bitcoin for gbp then withdraw your dollars to the credit card or bank account linked to your paypal balance. One option is to sell bitcoin through a peer to peer marketplace that accepts paypal such as localbitcoins or paxful or place a trade on an exchange like virwox. Yes while there is no direct method of using paypal to buy bitcoin since bitcoin transactions are not reversible what you can do is find a reliable trading platform or marketplace that will allow you to purchase bitcoin using paypal.
While the platform will allow you to buy bitcoins with paypal you will not be able to withdraw or send your bitcoins to other people only to change them back to fiat currency i e. Usd eur etc the easiest way to buy bitcoin with paypal would be through etoro but only for a limited purpose. Not available worldwide profits can only be withdrawn in fiat currency i e.
Relatively low fees a variety of payment methods accepted. Buy bitcoin with paypal through etoro.
