how to purchase bitcoin on paypal

To purchase Bitcoin on PayPal, create an account, link a bank account, verify your identity, enter the desired amount and payment method, and receive the purchased Bitcoin in your PayPal account.

Oct 09, 2024 at 02:41 pm

How to Purchase Bitcoin on PayPal

1. Create a PayPal Account

If you don't already have a PayPal account, you will need to create one. To do this, visit the PayPal website and click on the "Sign Up" button. You will be asked to provide your email address, password, and other personal information.

2. Link Your Bank Account

Once you have created a PayPal account, you will need to link your bank account to it. To do this, click on the "Link a Bank Account" button in the "My Account" section. You will be asked to provide your bank account number and routing number.

3. Verify Your Identity

Before you can purchase Bitcoin on PayPal, you will need to verify your identity. To do this, you will need to provide PayPal with a government-issued ID and a proof of address.

4. Purchase Bitcoin

Once your identity has been verified, you can purchase Bitcoin on PayPal. To do this, click on the "Buy Crypto" button in the "My Account" section. You will then be asked to enter the amount of Bitcoin you want to purchase and the payment method you want to use.

5. Receive Your Bitcoin

Once you have completed the purchase, your Bitcoin will be deposited into your PayPal account. You can then use your Bitcoin to make purchases or transfer it to another wallet.

**Additional Tips

• When purchasing Bitcoin on PayPal, you will be charged a fee. The fee will vary depending on the amount of Bitcoin you purchase and the payment method you use.
• PayPal does not allow you to purchase Bitcoin with a credit card.
• You can only purchase Bitcoin on PayPal if you live in the United States.
• If you have any questions about purchasing Bitcoin on PayPal, you can contact PayPal's customer support team.