Cryptocurrency Exchanges accepting PayPal?

BitcoinTurk

hero member

Activity: 1666

Merit: 629

Quote from: galini on May 02, 2020, 11:31:48 AM

Are there any cryptocurrency exchanges that accepting PayPal?

Hello, unfortunately there is no service where you can buy crypto money by paying PayPal. The reason for this is actually the payment problems that can occur quite clearly and the events that may occur after the payment. For this reason, I recommend you to transfer your existing PayPal balance to your bank account, or if you have someone selling cryptocurrencies for PayPal, you should trade face to face. If you find a person who makes transactions with PayPal on the internet, definitely use the tool and do not accept to pay too much commission.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Coinbase allow selling BTC for PayPal. If you are buying, then I would only suggest you to trade using other people using Paxful, LBC, LocalCryptos or the currency exchange board in this forum.

CTEXPaul

newbie

Activity: 5

Merit: 1

Hi Galini,
I have a question for you - not sure if this is something you've thought of.

There are a few exchanges out there which use services really similar to paypal (but not paypal).
Typically these services charge you a fee of about 3% per transaction - the exchange will also charge you a fee (between 0 and 3.75%).

If you use paypal to send money to another service and then into an exchange potentially you will have lost 10% before you hit the buy button.

Whereas if you do a wire transfer some of the exchanges only charge you 1% - so you're up to 9% better off straight away.
Another alternative to using something like paypal as the final link to the exchange is to use virtual credit cards - it will still cost you to deposit but at least you'll be able to shop around a little more.

I'm sorry that this doesn't answer your initial question but so far I've not come across any of the tier 1 exchanges that allow paypal.

I hope this helps,
Paul.

galini

newbie

Activity: 10

Merit: 0

Are there any cryptocurrency exchanges that accepting PayPal?

Topic: Cryptocurrency Exchanges accepting PayPal? (Read 116 times)