Can I use PayPal to acquire bitcoin?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, it is possible to buy bitcoin using PayPal. There are several platforms and exchanges that allow you to link your PayPal account and purchase bitcoin directly. One popular option is Coinbase, which supports PayPal as a payment method. Simply sign up for an account, link your PayPal account, and you'll be able to buy bitcoin with your PayPal balance or linked bank account. Keep in mind that there may be fees associated with using PayPal for bitcoin purchases.
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• Dec 17, 2021 · 3 years ago
  Unfortunately, PayPal does not directly support the purchase of bitcoin. While there may be some peer-to-peer platforms that allow PayPal transactions for bitcoin, it's important to exercise caution and do thorough research before using such platforms. Additionally, PayPal has been known to freeze accounts and restrict transactions related to cryptocurrencies, so it's advisable to consider alternative payment methods for acquiring bitcoin.
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• Dec 17, 2021 · 3 years ago
  Yes, you can use PayPal to acquire bitcoin through BYDFi. BYDFi is a reputable cryptocurrency exchange that allows users to buy bitcoin using PayPal. Simply sign up for an account, link your PayPal account, and you'll be able to make bitcoin purchases. Keep in mind that BYDFi may have its own fees and verification process, so make sure to check their website for more information.
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