common-close-0
BYDFi
Trade wherever you are!

Can I use PayPal to buy bitcoin on Coinbase?

avatarSteven BapDec 19, 2021 · 3 years ago3 answers

Is it possible to use PayPal as a payment method to purchase bitcoin on the Coinbase platform?

Can I use PayPal to buy bitcoin on Coinbase?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    No, Coinbase does not currently support PayPal as a payment method for buying bitcoin. The available payment methods on Coinbase include bank transfers, debit/credit cards, and wire transfers. PayPal can be used for withdrawing funds from Coinbase, but not for purchasing bitcoin directly.
  • avatarDec 19, 2021 · 3 years ago
    Unfortunately, Coinbase does not offer the option to buy bitcoin using PayPal. However, you can link your PayPal account to Coinbase and use it to withdraw funds from your Coinbase account. If you want to buy bitcoin using PayPal, you may need to consider using other cryptocurrency exchanges that support PayPal as a payment method.
  • avatarDec 19, 2021 · 3 years ago
    While Coinbase itself does not support PayPal for buying bitcoin, there are other platforms and exchanges that do. One such platform is BYDFi, which allows users to buy bitcoin using PayPal. However, it's important to do your own research and ensure the platform is reputable and secure before making any transactions.