This article will cover various platforms to buy Bitcoin using PayPal easily, the associated fees, and their benefits.
Bitcoin is a digital currency with a bright prospective future. In 2025, Bitcoin will be considered a must-have crypto asset. It also has the largest market capitalisation for any crypto asset. Analysts also predict that the value of Bitcoin as a crypto asset is only going to rise moving forward. For all these reasons, Bitcoin is an excellent long-term investment for everyone. There are several ways to invest in Bitcoin, and for which Paypal is a popular method.
If you are thinking of buying Bitcoin with Paypal, fear not; listed below are several ways to buy Bitcoin with Paypal. Here we discuss ways to buy Bitcoin with PayPal directly and through popular BTC Trading Platforms. We also answer popular FAQs on buying Bitcoin with Paypal, such as PayPal Bitcoin fees and withdrawing Bitcoin from Paypal.
If you are a Paypal user with an active account, you can buy Bitcoin with even $1 as a balance. However, buying Bitcoin directly through the PayPal app or website has limited functionality. So apart from directly buying from Paypal, you can also use popular trading platforms to buy Bitcoin with PayPal.
About Unocoin
Unocoin is a leading Bitcoin company in India. The platform originated in Tumkur, Karnataka, to bring Bitcoin to India, and to provide a platform for trade. Unocoin has rapidly grown since 2013 and has become a leading player in the crypto assets domain.
Popular Tools you can use to buy Bitcoin with Paypal.
- eToro
- Coinbase
- LocalBitcoins
- Local Cryptos
- xCoins
Buying Bitcoin with Paypal using eToro
eToro is a reputed platform for trading Bitcoin for its social trading benefits. If you want the answer to “how to buy Bitcoin with PayPal”, you can use the following steps to buy Bitcoin with Paypal using the eToro platform.
- Sign up for an account on eToro and Paypal; connect them.
- Add balance to your Paypal account.
- Using the Buy button on your eToro account, buy the amount of BTC you want using your PayPal account balance.
Benefits of using eToro:
- eToro is globally available in 140 countries and thus provides widespread access
- Multiple deposit methods in addition to Paypal.
There are no Paypal Bitcoin fees charged on the eToro platform.
Buying Bitcoin with Paypal using LocalBitcoins
LocalBitcoins, a peer-to-peer crypto exchange, is another popular destination for BTC trade. You can use the following steps to buy Bitcoin with Paypal using the LocalBitcoins platform.
- Create an Account on LocalBitcoins and Paypal: You will create a crypto wallet on the platform.
- Search for traders who accept Paypal as a preferred payment method: The platform allows you to search for sellers’ preferred currency through the “Quick Buy” feature. Select Paypal as the currency on the “All Online Offers” drop-down menu.
- Place your preferred amount that you want to quote for the trade: If the Seller agrees to the deal, the Bitcoin will be put into escrow.
- Use Paypal to pay: You can use your Paypal account to pay the seller directly.
- Receive the Bitcoin
Benefits of using LocalBitcoins
- On the LocalBitcoins Platform, you can directly use Bitcoin to pay.
- The escrow protection provided is a great way to ensure fair sales.
- If an issue arises, you can launch a complaint about the reversal of funds directly with PayPal.
- The platform is available in 100+ countries.
There are high transaction PayPal Bitcoin fees for PayPal trades. The seller pays 1% of the fee. As for the buyer, the premiums can range up to 20% above the steady Bitcoin market rate.
Buying Bitcoin with PayPal using xCoins
xCoins is another peer-to-peer crypto exchange used for BTC trade. The platform uses a lending model to conduct BTC transactions. The platform matches lenders and buyers and facilitates the loan. You can use the following steps to buy Bitcoin with Paypal using the xCoins platform.
- Create an account on xCoins and Paypal: You must verify the account.
- Create a crypto wallet and connect it with your PayPal account.
- Specify the amount for Bitcoin you wish to buy: You can look for lenders listing loans that match your requirements.
- Using Paypal, send the lender the required money.
- Receive the bitcoin in your crypto wallet.
Benefits of using xCoins
- The tool ensures that bitcoin becomes instantly available in your wallet once the payment is made.
- You can directly sell bitcoin using PayPal with higher profits. This has made xCoins a popular choice.
PayPal Bitcoin Fees
On xCoins, the buyer may have to pay an estimated 15–30% of the total loan amount as fees.
Buying Bitcoin with Paypal using Paxful
Paxful is another global crypto asset trading platform where users can trade safely. One of its key points is the availability of 300 plus payment methods. PayPal is a popular and preferred payment method out of these several payment methods. You can use the following steps to buy bitcoin with Paypal using the Paxful platform.
- Create an account on Paxful and Paypal.
- Search for traders and offers using the Paxful tool.
- Place the preferred amount you want to pay for the trade. Then, if the seller agrees to the deal, the Bitcoin will be put into escrow.
- Use Paypal to pay: You can use your Paypal account to pay the seller directly.
- Receive the Bitcoin.
Benefits of using Paxful
- The platform offers biometric verification.
- The platform supports more than 300 payment methods.
- There are fixed trading fees.
- The support system is quick and responsive.
- A safe escrow system protects the trades.
Paypal Bitcoin Fees
While the fee rate is fixed, it varies for different services such as trading, deposit, and withdrawing. It can range from 0.5 to 5% of the total sale.
Buying Bitcoin Directly Through Paypal
The above-listed tools have made buying bitcoin with Paypal very fluid and simple. But if you wish to, you can also buy bitcoin with Paypal through the PayPal app and website. However, this option is only currently available to US users.
Buying Bitcoin with Paypal directly
- Create an account on Paypal if you don’t already have one.
- Go to the “Buy and sell” option under the “Your crypto” section.
- Choose “Bitcoin” and then “Buy.”
- Mention the amount of Bitcoin you want to purchase.
- Select the preferred payment method and then click “Next.”
- Receive the Bitcoin in your Paypal digital wallet.
Paypal Bitcoin Fees
Depending on the size of your purchase, the fee varies from 1.5% to 2.5%.
FAQs
- Can I buy Bitcoin with Paypal on Unocoin?
No. Currently, Unocoin only supports bank transfers for Bitcoin trade. Unocoin is in the process of adding PayPal as an option since it is a globally preferred option.
2. Can I buy any other crypto assets with Paypal?
You can also buy other crypto assets such as Ethereum, Litecoin and Bitcoin Cash using Paypal.
3.
Does PayPal have a Bitcoin wallet?
Yes, PayPal has a Bitcoin wallet which gives you the ability to buy, hold and sell crypto assets. However, there is no option on how to withdraw Bitcoin from Paypal.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
Love Crypto Coins. Love Unocoin.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: [email protected]
- Contact details: 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Disclaimer:
Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).
