Until recent times there were minimal options to buy bitcoin with PayPal due to some charging issues, and the amount was taken as a fee from Paypal towards customers. But in recent times, Paypal has modified its policies and procedures by reducing the charges and the fee structures for its customers to purchase bitcoins.
How can I purchase Bitcoins by Using Paypal:
Now Paypal has allowed their customers to purchase Bitcoins through them without facing any issues or problems. Furthermore, these bitcoins cannot be used out of this platform. This proves to be an issue for some, so there are companies that come ahead and provide some of the best solutions when it comes to buying bitcoins with your Paypal accounts.
Due to the situation of Covid-19, more and more people are focusing on digital currencies and assets for making payments and investments into cryptocurrencies.
Quickest Ways to buy Bitcoins using Paypal:
There are so many companies now coming forward to facilitate the customers to purchase bitcoins using the Paypal payment method. These companies are considered perfect for those who wish to speculate the prices of Bitcoins but are not interested in the physical ownership of these bitcoins.
Many companies have started purchasing and selling Bitcoins with the help of Paypal backed payment system. However, there are some who are known for their credibility and the ability to withstand the wishes of their customers. We are going to mention these top three companies for you to consider.
With coinbase, you can now deposit your funds with the help of a wire transfer, debit card, or credit card. In addition, there is a negative thing that this company is not accepting payment directly from Paypal. Rather they accept the payment from a debit or credit card accepted bank account.
This is known to be a restriction or limitation that coinbase is working on it. Apart from that, there are almost 30 million+ users. In addition, the application is very simple to operate, and it is a well-established company with a long history. Further, Coinbase Professionals are available for expert traders at any time. In the end, coinbase offers high liquidity rates for customers.
eToro is a relatively low fees facility that allows consumers to purchase Bitcoins directly from Paypal. Furthermore, apart from Paypal, there are a variety of other payment methods that have also been accepted by this company.
Furthermore, this is the easiest and a convenient way to buy Bitcoin through PayPal. But on the other hand, there are many complicated and extensive forms that you need to fill for buying and liquidating your Bitcoins through this service.
Like eToro and Coinbase, this is another company there is serving its customers with the features of buying Bitcoins with the help of your Paypal account. The company has a wide range of sellers that are from the world for purchasing and selling Bitcoins. Furthermore, the main feature of LocalBitcoins is that it allows the sellers and buyers of Bitcoins to be in contact with each other directly.
In addition, whenever you are making a deal with LocalBitcoins, you must know that you are making a deal with the original person who is willing to buy or sell his or her Bitcoins with you