Best Way to Buy Crypto Through PayPal

Are you looking to get into crypto but don’t know how to buy any? Or maybe you’re a crypto expert and want to learn how someone new can buy crypto through PayPal? Well, there’s good news! You’re in the perfect place.

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Step 1: Register for a PayPal Account

The first step to buying at crypto betting sites through PayPal is registering for a PayPal account. Go to the PayPal website and click “sign up” in the upper right-hand corner of your browser window. You’ll be prompted to select an account type—choose “personal” if you’re buying cryptocurrency for your use.

Once you’ve filled out all the required fields, you can complete the registration process by clicking “Agree and Create Account.”

Step 2: Find A Cryptocurrency Exchange

With your PayPal account loaded with money, you’ll need to find a cryptocurrency exchange to buy from. We will be using Coinbase.com as our example for this step-by-step guide, but the process will be similar on all exchanges.

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On Coinbase, you will notice four different options on the left-hand side of the screen: Buy/Sell, Portfolio, Send/Request, and Accounts. You will click on the “Buy/Sell” option to continue.

Once you have clicked “Buy/Sell,” you will have six options to choose from Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Basic Attention Token (BAT), and 0x (ZRX). Each one of these represents a different cryptocurrency. For this tutorial, we will use Bitcoin as an example. To purchase Bitcoin, click on the “BTC” button above the “Bitcoin” option.

Step 3: Add Cryptocurrency to PayPal

Now that you’ve created your PayPal account, it’s time to get down to buying cryptocurrency. The first thing you’ll want to do is add cryptocurrency to your account, which isn’t much different from adding a credit card or debit card. Here’s how:

  • Go to the “Wallet” tab at the top of your screen.
  • Click on “Link a New Card or Bank.”
  • Select the type of card you’d like to add—choose “Virtual Card” if you have one, or “Debit or Credit Card” if you don’t.
  • Fill out your card details using a legitimate address and phone number. This is important; using fake information can put your cryptocurrency at risk.
  • Once everything looks correct, click “Save.” You may need to wait up to 48 hours for PayPal to process your payment method.

Step 4: Select Cryptocurrency

After you select “Buy Cryptocurrency,” you’ll take to a screen that will ask you to confirm your purchase. At this point, you can choose which cryptocurrency you want to purchase. You can scroll through the available cryptocurrencies or use the search bar to find your coin of choice. Type in “Bitcoin” if that’s what you want to buy, then select how much BTC you want. For example, if you type in “10,” it will display the cost of 10 BTC when you click on the “Preview Purchase” button.

Step 5: Buy Crypto

Just make sure to check the fees and exchange rates before making a purchase. Once you’ve done that, follow these steps:

Select Bitcoin from the drop-down menu under “Buy/Sell.” You can also choose from any of the other available crypto options.

Enter how much you want to spend in US dollars, BTC, or other listed currencies.

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