How to buy Bitcoin with PayPal

Gemini Cryptocurrency Exchange

• Buy, sell and trade 80 cryptos.
• Platform designed for traders of all experience levels
• Instant buy with USD & advanced trading options.

PayPal crypto allows you to buy, sell and transfer five cryptocurrencies in the US: bitcoin (BTC), ether (ETH), litecoin (LTC), bitcoin cash (BCH) and PayPal stablecoin, PayPal USD (PYUSD). Once you verify your identity, you can make a purchase through PayPal’s app or website and get started with as little as $1.

However, if you don’t want to buy cryptocurrency directly through PayPal, there are also exchanges that support PayPal as a deposit method. This allows you to transfer funds from your PayPal account to the exchange and then trade them for crypto.

PayPal crypto fees

Transaction fees are applied to your purchase when you buy or sell. Sometimes you can save on fees by buying a bit more cryptocurrency. For instance, you’ll pay less in fees to buy $201 in crypto than you would to buy $199.

Fees are accurate as of December 13, 2023.

Quick look at PayPal supported cryptocurrencies

Although PayPal may add support for more cryptocurrencies in the future, currently only four are supported.

• Bitcoin was released in 2009 and it is known as the world’s first cryptocurrency utilizing blockchain technology.
• Bitcoin Cash was released in 2017 as a hard-fork (copy) of Bitcoin.
• Ethereum was released in 2015 and has since brought thousands of software applications to the blockchain through the use of smart contracts.
• Litecoin was released in 2011 and is thought of as the silver to Bitcoin’s gold
• PayPal USD was released in 2023 and is a stablecoin fully backed by US dollar deposits, short-term US Treasuries and cash equivalents.

Buying crypto from an exchange using PayPal as a payment method

You can now use PayPal as a payment method on a number of different crypto exchanges and brokerages. These include but aren’t not limited to Binance.US, bitFlyer, Bitstamp, CEX.IO, Coinbase, etoro, Gemini, Huobi, KuCoin and Revolut.

When you are ready to make your crypto purchases at these exchanges, select PayPal as the payment option. PayPal will then deduct the money from the balance that you hold on the app or the primary bank account or credit/debit card that you have linked to your PayPal account.

• Buy Bitcoin with PayPal through etoro

  etoro is a social trading platform that caters to traders of all experience levels. To buy Bitcoin on etoro using PayPal, follow these steps:

  1. Create an etoro account and sign in.
  2. Go to the cryptocurrency page and select Bitcoin or use the search bar.
  3. You’ll then be presented with two options: “Trade” or “Order”. If you select Trade, you can buy a certain amount of BTC at a specific price. If you select Order, you can set a BTC price target as well as the number of coins you’d like to purchase at that target. Your order is then executed automatically when and if the price of BTC hits your order target.
  4. Choose the amount you’d like to buy and select “Deposit”.
  5. Select “PayPal” as your deposit method.

• Buy Bitcoin with PayPal through KuCoin

  KuCoin is a crypto exchange that offers an extensive selection of altcoins. To buy Bitcoin on KuCoin, follow these steps:

  1. Create a KuCoin account and sign in.
  2. Select the “Payment Method” tab and then select “Add”.
  3. Select “Bank” and then scroll down and select “PayPal”.
  4. Enter your full name and email address and select “Confirm”.
  5. Select “Trade” and make sure that you are trading “Spot”.
  6. Select “Bitcoin” and select “Buy BTC”.

• Buy Bitcoin with PayPal through Gemini

  Gemini is a crypto exchange with an emphasis on abiding by local regulations. To buy Bitcoin with PayPal on Gemini, follow these steps:

  1. Create a Gemini account and sign in.
  2. Go to the payment methods page and select “Add Payment Method”.
  3. Select “PayPal”.
  4. Enter your PayPal information and select your payment instrument.
  5. Navigate to the “Market” page and select “Bitcoin”.
  6. Decide whether you want to make a “one-time” or “recurring” order and how much BTC you want to buy.
  7. Select “PayPal” as your payment method.
  8. Review your order and select “Confirm”.

• Buy Bitcoin with PayPal through Paxful

  Paxful is a global peer-to-peer platform to buy and sell Bitcoin using over 350 payment methods. To buy Bitcoin with PayPal on Paxful, follow these steps:

  1. Create a Paxful account and sign in.
  2. Select “Buy Bitcoin”.
  3. Select the “Select a currency” tab and select “US dollar (USD)”.
  4. Select the “Select a way to pay” tab and select “PayPal”.
  5. On the “Open offers for PayPal” page, select the seller you’d like to buy from and select the “Buy” button to the right-hand side of the screen.

• Buy Bitcoin with PayPal through Revolut

  Revolt is a British financial technology company that offers banking and investing services. To buy Bitcoin with PayPal on Revolut, follow these steps:

  1. Create a Revolut account and sign in.
  2. Select “Cards”.
  3. Select “Enable Virtual Card” and Revolut will create a virtual credit card for you.
  4. Write down the details of the card.
  5. Go to your “PayPal” account and select on “Link a card” to link this virtual card to the your PayPal account.
  6. Input the credit card number, the card type, the expiration date and the security code.
  7. Go back to the Revolut page or app and confirm that your PayPal account is linked via the virtual card. “PayPal” should be an option for online payment if it’s linked.
  8. Confirm via PayPal that you’ve linked a Revolut Mastercard.
  9. On Revolut, go to “Cryptocurrencies”.
  10. Select “Bitcoin”.
  11. Select the amount of Bitcoin you’d like to buy and select “Buy now”.

• Buy Bitcoin with PayPal through Coinbase

  1. Create a Coinbase account and sign in.
  2. Complete all identity verification documents to make sure your country of residence is correct.
  3. Select “Settings”.
  4. Select “Payment Methods”.
  5. Select “Link new account” from a desktop device or tap “Add a Payment Method” in the mobile app.
  6. Select “PayPal” and you’ll be prompted to log in to PayPal. (Please note that your PayPal email address must match your Coinbase email address or you’ll need to take extra steps to link your PayPal account to Coinbase.)
  7. Make sure that you have either a bank account or a debit card linked to your PayPal account. Coinbase will charge your bank or debit card through PayPal and doesn’t accept prepaid cards or credit cards linked to your PayPal account.
  8. Select the “Buy/Sell” tab.
  9. Select the “Buy” panel to select the asset you’d like to purchase.
  10. Enter the amount of BTC you’d like to buy denominated in US dollars.
  11. Select “PayPal” as your payment method.
  12. Select “Preview Buy” to confirm your purchase.
  13. If the details are correct, select “Buy” to complete your purchase.

Compare exchanges that allow PayPal as a payment method

There are many crypto exchanges and platforms that accept PayPal as a deposit method where you can use your PayPal funds to purchase Bitcoin.

5 of 5 results

Finder Score	Fiat currencies	Cryptocurrencies	Deposit methods	Disclaimer
Promoted 8.2Great eToro USA LLC Cryptocurrency Trading Finder Award	8.2Great	26	105	Bank transfer, Debit card, PayPal, Wire transfer	Crypto Trading is offered via eToro USA LLC (NMLS ID: 1769299). This entity is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Investments are subject to market risk, including the possible loss of principal.	Important information Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.	Go to site Capital at risk More info Compare product selection Compare	loading
Promoted 9Excellent Kraken Cryptocurrency Exchange Finder Award	9Excellent	1	523	Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, SEPA, Instant SEPA, Apple Pay, Google Pay, SWIFT, ACH online banking	Not available in Japan	Go to site Capital at risk More info Compare product selection Compare	loading
8.2Great eToro USA LLC Cryptocurrency Trading Finder Award	8.2Great	26	105	Bank transfer, Debit card, PayPal, Wire transfer	Crypto Trading is offered via eToro USA LLC (NMLS ID: 1769299). This entity is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Investments are subject to market risk, including the possible loss of principal.	Important information Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.	Go to site Capital at risk More info Compare product selection Compare	loading
9.8Excellent Crypto.com App	9.8Excellent	31	442	Bank transfer, Credit card, Debit card, PayPal, Wire transfer, Fedwire, Apple Pay, Google Pay, SWIFT	Go to site Capital at risk More info Compare product selection Compare	loading
8Great CEX.IO Cryptocurrency Exchange	8Great	3	315	CEX.IO Pay, Bank transfer, Credit card, Cryptocurrency, Epay, Neteller, PayPal, Wire transfer, Skrill, SEPA, Faster Payments (FPS), Apple Pay, Google Pay, SWIFT, Open Banking	Disclaimer: Highly volatile investment product. Your capital is at risk.	Go to site Capital at risk More info Compare product selection Compare	loading

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How to sell Bitcoin on PayPal

To sell cryptocurrency using either the app or web browser version of PayPal:

1. Select the ‘Finances’ icon.
2. Under ‘Crypto,’ select one of your existing crypto holdings and select ‘Sell’.
3. Confirm your tax information (if it’s your first time selling).
4. Enter the amount you want to sell and select ‘Next’.
5. If you are sure of the amount you’d like to sell, select ‘Sell Now’.

Bottom line

Buying BTC or other cryptocurrencies on PayPal is easy and convenient, but the transaction costs are high.

If being able to hold your BTC self-custody is important to you and you still want to use PayPal to purchase your BTC, PayPal now enables you to move your BTC from it’s custody to an external Bitcoin address.

You can also use PayPal to purchase BTC via crypto exchanges including Coinbase, Gemini and Kraken.

FAQs

• Can I use PayPal to buy Bitcoin?

  Yes, you can buy Bitcoin with PayPal by either using their mobile app (iOS, Android) or desktop website. Alternatively, you can use PayPal as a payment method with several cryptocurrency exchanges and investing apps.

  Fees range from $0.49 to $2.49 for purchases between $1 and $200. Purchases between $200.01 and $1,000 incur a 1.80% fee while purchases above that range are charged 1.50%.

• Which site can I buy BTC with PayPal?

  If you don’t want to use the PayPal app or website to purchase BTC, then you can use PayPal as a payment method with several cryptocurrency exchanges or investment apps such as Coinbase, etoro, Gemini and KuCoin.

• How do I buy Bitcoin with PayPal instantly?

  Buying Bitcoin with PayPal can take you less than a minute if you already have a verified PayPal account.

  Simply use the PayPal app or desktop site and navigate to the “Finances” tab, then “Crypto”. Enter the amount you want to purchase then select “Buy”. You can pay with your PayPal account or another method such as a debit card or bank account.

Written by

Zak Killermann

Publisher

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Zak Killermann was a technical publisher at Finder who specialized in currencies and investing. Zak’s expertise was in breaking down technical finance concepts into approachable, digestible nuggets of information. See full bio

Co-written by

Frank Corva

Writer

Frank Corva is business-to-business (B2B) correspondent for Bitcoin Magazine and formerly the cryptocurrency writer and analyst for digital assets at Finder. Frank has turned his hobby of studying and writing about crypto into a career with a mission of educating the world about this burgeoning sector of finance. He worked in Ghana and Venezuela before earning a degree in applied linguistics at Teachers College, Columbia University. He also taught writing and entertainment business courses in Japan and worked with UNICEF in Namibia before returning to the US to teach at universities in New York City. Earlier in his career, he spent years working as a publicist and graphic designer for record labels like Warner Music Group and Triple Crown Records. During that time, he was also a music journalist whose writing and photography was in published in Alternative Press, Spin and other outlets. See full bio