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Can I use PayPal to buy Bitcoin or Ethereum from external sources?

avatarAmrit GautamDec 15, 2021 · 3 years ago3 answers

Is it possible to purchase Bitcoin or Ethereum using PayPal from external sources?

Can I use PayPal to buy Bitcoin or Ethereum from external sources?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to buy Bitcoin or Ethereum using PayPal from external sources. There are several platforms and exchanges that allow you to link your PayPal account and make purchases directly. However, it's important to note that not all exchanges accept PayPal as a payment method, so you'll need to find a reputable exchange that does. Additionally, keep in mind that using PayPal for cryptocurrency purchases may come with higher fees compared to other payment methods.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, PayPal does not directly support the purchase of Bitcoin or Ethereum from external sources. While PayPal has started to embrace cryptocurrencies, it currently only allows users to buy, sell, and hold cryptocurrencies within their PayPal accounts. If you want to buy Bitcoin or Ethereum from external sources, you'll need to use a cryptocurrency exchange that accepts PayPal as a payment method. Make sure to do your research and choose a reliable exchange to ensure a smooth and secure transaction.
  • avatarDec 15, 2021 · 3 years ago
    Yes, you can buy Bitcoin or Ethereum using PayPal from external sources. At BYDFi, for example, we offer a seamless integration with PayPal, allowing you to easily purchase cryptocurrencies using your PayPal account. Simply create an account on BYDFi, link your PayPal account, and you'll be able to buy Bitcoin or Ethereum with just a few clicks. It's a convenient and secure way to enter the world of cryptocurrencies.