• PayPal is a convenient and secure payment method for purchasing crypto.
• Top crypto exchanges that accept PayPal make it easier to buy Bitcoin, Ethereum, and Litecoin.
• Understand the benefits of using PayPal with a crypto exchange and the best platforms that offer it.
Why Use PayPal With a Crypto Exchange?
PayPal is well-known for its fast fiat currency transactions, low fees, and user-friendly interface. It makes buying popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) easier by offering a familiar platform with which most people are comfortable. Additionally, PayPal offers quick deposits and withdrawals which can be crucial in the fast-paced cryptocurrency market as prices fluctuate suddenly. Plus, you can easily set up security functions such as Two-Factor Authentication from within the PayPal app to protect your funds.
Best Cryptocurrency Exchanges That Accept PayPal
Although not many crypto exchanges accept payments through PayPal due to various restrictions or workarounds, there are still some top trading platforms that support this payment method. Some of these include Paxful, LocalBitcoins, eToro, Wirex App, Binance US, Coinbase Pro and others.
Paxful
Paxful is an online marketplace where buyers and sellers can connect directly to complete transactions using different payment methods including gift cards and bank transfers as well as PayPal when buying Bitcoin (BTC). Paxful also has a built-in wallet where you can store your coins securely after purchase.
LocalBitcoins
LocalBitcoins is another P2P marketplace allowing users to buy BTC with various payment methods including cash deposits, bank transfers or even gift cards – all of which can be done through PayPal if available in your country. LocalBitcoins also provides an escrow service so you don’t have to worry about any fraud or scams while trading on the platform.
eToro
eToro allows customers to buy cryptocurrencies with their credit/debit cards or through e-wallets such as Skrill & Neteller but not directly via Paypal yet unfortunately due to regulatory reasons; however users still have access to one of the largest selection of cryptos offered by any broker in the world so they should definitely check it out!