One of the simplest ways to obtain Bitcoin today is to purchase it directly through PayPal. PayPal has started to allow users to withdraw cryptocurrency as of June 2022, whereas users were previously unable to do so after purchasing coins on the platform.
Localbitcoins
There are many options available for consumers who want to utilize PayPal as a payment method but not through PayPal’s crypto service. Coinbase is the greatest substitute for using PayPal to purchase Bitcoin. Another choice is to use LocalBitcoins, however this needs you to discover a specific vendor you can rely on.
Through a cooperation with Paxos, PayPal launched direct purchases of Bitcoin (and three other cryptocurrencies) within the PayPal digital wallet in October 2020. This enables users to store and resell Bitcoins acquired through the service as well as utilize them to make payments to businesses that accept PayPal. By June 2022, PayPal will also permit users to withdraw their tokens and store them privately or use them more widely throughout the ecosystem in third-party wallets. It’s important to note that while more nations will eventually be added, this option is presently only available to US customers.
Kukichanger
It is one of most trusted website working since 2019 and you can use it to exchange bitcoin to PayPal easily across the globe.
eToro
Through eToro would be one of the simplest alternative methods to purchase Bitcoin using PayPal, but only for a specific need. Although the program will enable you purchase bitcoins using PayPal, the process of withdrawing them to your wallet will be lengthy.
To put it another way, eToro is more suited for price speculating on Bitcoin than for purchasing the actual coin for use. This is most likely the simplest and least expensive route to take if all you want to do is profit on price fluctuations and don’t need the actual bitcoins.
I occasionally come across a ton of brand-new websites that let you buy Bitcoin using PayPal. I myself have a great deal of skepticism for such websites and would caution you against using them. When it comes to cryptocurrencies, reputation goes a long way, and the strategies I’ve discussed above have all been tried and true by me.
Additionally, the businesses discussed in this piece have a minimum of three years of experience and have established their viability. After that, feel free to share your discoveries in the comments section below, and we’ll offer our thoughts.
