How to buy bitcoin with PayPal in India

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What you need to buy bitcoin with PayPal

PayPal and the bitcoin network don’t work well together, so it can be a bit tricky to buy bitcoin or other cryptocurrencies with PayPal if you don’t know the best way to go about it. Fortunately it’s fairly easy once you know where to go, so we have some information to help you.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Why is it so hard to buy bitcoin with PayPal?

Bitcoin transactions are irreversible, while PayPal supports chargebacks. This makes it relatively easy for someone to buy bitcoin with PayPal, complain that they never received the goods and ask for a chargeback.

Unlike physical goods, it would be almost impossible to work out whether or not chargeback requests for bitcoin are legitimate.

Where and how to buy Bitcoin with PayPal

There are several services that can facilitate PayPal-to-bitcoin transactions. The advantage is that you can quickly and easily make a payment with PayPal.

The downsides are that your options are limited, and that you’ll often have to take extra steps which can be inconvenient and might mean slightly less value for money than other payment methods.

Four well-known options, roughly arranged from least to most complicated, are:

  • LocalBitcoins and Paxful. Buy bitcoin peer-to-peer with PayPal. There are no limits other than those set by the seller.
  • xCoins. Use PayPal to buy up to US$1,000 in bitcoin per transaction.
  • VirWox. Use PayPal to buy up to €1,000 in bitcoin per 24 hours, up to €10,000 per month.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA


Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency. App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA


Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)


Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Credit card, Debit card, PayPal, Bank transfer (SEPA)


Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Paxful P2P Cryptocurrency Marketplace
Bank transfer, Cash, Cryptocurrency, PayPal, Credit or Debit Card, Payoneer
DZD, XCD, ARS, AMD, AWG, AUD, AZN, BSD, BHD, BDT & 140+ more


Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.

Compare up to 4 providers

How to buy bitcoin with PayPal on LocalBitcoins

LocalBitcoins is a peer-to-peer exchange service. It simply lets you find bitcoin buyers and sellers in your local area, and make the transfer in a way that suits you both.

Once a buyer and seller have connected, they both transfer the funds and bitcoin to a LocalBitcoins account. As soon as the funds from both parties are accounted for, the bitcoin and currency are sent onwards to each party.

LocalBitcoins lets you use PayPal for these transfers. Simply use PayPal to send money to the LocalBitcoins account in the normal way.

Pros and cons of using LocalBitcoins
  • Simple, quick and easy.
  • Potentially one of the most cost-effective ways to buy bitcoin with PayPal.
  • No set transfer limits.
  • You’ll need to find a seller/buyer.
  • The rates you get are determined by the kind of deal you find.
  • Sellers might choose not to accept PayPal.

Learn more about LocalBitcoins and see how it works here.

How to buy bitcoin with PayPal on Paxful

Much like LocalBitcoins, Paxful is a peer-to-peer bitcoin exchange. You create an account and browse the buyer and seller offers.

Once you’ve agreed to a trade with another user, the seller sends their bitcoin, and the buyer sends their dollars (or other currency) to escrow. After the trade has been confirmed, the funds are released to each party.

PayPal offers on Paxful

Pros and cons of using Paxful
  • Simple, quick and easy.
  • Potentially one of the most cost-effective ways to buy bitcoin with PayPal.
  • No set transfer limits.
  • You’ll need to find a seller/buyer.
  • The rates you get are determined by the kind of deal you find.
  • Sellers might choose not to accept PayPal.

Learn more about Paxful and see how it works here.

How to buy bitcoin with PayPal on xCoins

xCoins is a combination peer-to-peer lending platform and bitcoin exchange. Instead of buying or selling bitcoin, users offer loans to each other and set an “interest rate”.

These “loans” are repaid in one payment, making it functionally almost exactly like buying or selling bitcoin.

Sellers “lend” bitcoin, and buyers take this “bitcoin loan” to repay in a single payment later on.

This means it functions a lot like a bitcoin exchange, but can do things a typical exchange can’t, such as accept PayPal or credit card payments.

PayPal on xCoins

Pros and cons of xCoins
  • A potentially useful system for buying bitcoin with PayPal.
  • Relatively simple.
  • It’s more convoluted than some other options.
  • The “interest rates” mean you might not find value for money when buying on xCoins.
  • US$1,000 transfer limit applies.
  • xCoins does not accept INR so you might need to use the PayPal exchange rates.

Learn more about xCoins and see how it works here.

How to buy bitcoin with PayPal on VirWox

VirWox is a unique cryptocurrency exchange. It was originally founded in 2007 to facilitate the trade of Linden Dollars (SLL), the currency used in the Second Life video game. Since then it’s adapted its systems to bitcoin and other cryptocurrencies.

You can buy bitcoin with PayPal on VirWox by purchasing SLL, and then trading your SLL for bitcoin. Here are the steps to do that:

  1. Create and verify an account on VirWox
  2. Deposit money into the account with PayPal
  3. Buy SLL with the deposited money
  4. Trade SLL for bitcoin
  5. Withdraw your bitcoin
Pros and cons of VirWox
  • One of the only ways to take advantage of advanced trading systems like limit orders with PayPal deposits.
  • Potentially one of the safest and most reliable ways of buying bitcoin via PayPal.
  • One of the oldest digital currency exchanges in the world with many users.
  • One of the only ways to make deposits into a full service bitcoin exchange with PayPal.
  • More convoluted than other payment methods
  • You’ll need to pay a fee when converting your deposit to SLL, and again when converting it to bitcoin
  • VirWox does not accept INR so you might incur even more fees for converting from INR to USD, euros or other accepted currencies

Learn more about VirWox and see how it works here.

Images: Shutterstock, LocalBitcoins, Paxful, xCoins, VirWox

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