Buying Bitcoin is much easier today than it was in the past, but what if you want to purchase it using money you’ve already dumped into a PayPal account?
Major exchanges won’t allow PayPal transactions because it would be too easy for people to buy the Bitcoins, then use PayPal’s support system to chargeback their purchase and receive their original purchase fee back.
Once you do that, you’ll be ready to move ahead and start buying Bitcoin with PayPal.
Due to the fact that cryptocurrency exchanges don’t allow you to buy Bitcoin with PayPal, the best way to do so is with a direct trade.
Websites that facilitate these kinds of peer-to-peer transactions help put you in touch with someone who is looking to sell Bitcoins who accept PayPal as a payment method.
To buy Bitcoin with PayPal on either service, follow the steps below: