How to Buy Crypto With PayPal

Buying  Crypto With PayPal Complete Guide

Starting a career as a crypto trader means investing money into one of the thousands of available digital assets. Most popular crypto exchange platforms allow users to deposit their funds directly from various channels. PayPal is the largest online payment service in the world, and as such, it’s widely used for buying cryptocurrencies. 

PayPal is still considered the gold standard for online money transfers, and it offers significant benefits when compared to other payment options. Stay with us as we explain how to buy crypto with PayPal, and why you should consider it your primary payment option for crypto trading.

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


How to Buy Crypto with PayPal at the lowest fees


As mentioned above, multiple platforms allow you to deposit money, transfer funds, and buy crypto with PayPal. We’ll use eToro in our examples because it’s one of the best crypto exchange platforms in the industry. The site has been up and running for more than 10 years, and it has since added hundreds of investment options including forex, stocks, crypto, and others.

eToro has over 23 million active users at the moment, which shouldn’t be a surprise, since it’s one of the most regulated crypto exchanges out there. Apart from having licenses issued by the UK and US governments, eToro is also regulated by important online trading bodies including the FCA, ASIC, CySEC, MiFID, FinCEN, and others. The site is also known for having the lowest overall fees and zero transfer fees. It’s very user-friendly, so it’s an ideal place to start your crypto trading career as a beginner. 

Once you create a profile and provide all essential information, you can use PayPal to make your first deposit of $10 and start your crypto trading career in a matter of minutes.

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


Where to Buy Crypto With PayPal?


PayPal is the largest online payment service, and it’s widely accepted among the most popular crypto markets as a payment option. However, not all crypto exchanges support PayPal, so here’s a list of those that do:

  1. eToro
  2. Coinbase
  3. Localbitcoins
  4. Xcoins
  5. Xtrade

Of course, there are other crypto markets where you can buy crypto through PayPal, but the ones listed above have the best prices and the lowest fees.

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


Steps to Take When Buying Crypto With PayPal on eToro


Here’s a quick overview of the steps you have to take when creating an eToro profile. The process doesn’t take more than a few minutes, and once your account is verified, you can start trading cryptos and other assets right away. 


Step 1: Create an account on eToro


Open the official eToro website on your device and click on the ‘Sign Up’ button in the top-right corner.

Enter the required information that includes your phone number, email address, name, address, password, etc.

You can also use your Facebook or Google accounts to speed up the process. 


Step 2: KYC and Verification


Once you’ve provided all essential information, you will also have to provide proof of identity by uploading a photo of your driver’s license, passport, or ID. You have to complete this step, or you won’t be able to start using the platform.


Step 3: Deposit funds directly through PayPal


After your ID has been verified, you can make your first deposit. You will see that there are multiple options for making deposits, so browse through the menu and select PayPal. Choose the amount of money you want to deposit, and it will appear in your eToro wallet. 


Step 4: Buy cryptos


You can now buy crypto tokens from the offer. There are hundreds of options, so remember to do some research before making your first investment. Crypto markets are extremely volatile, so it’s always a good idea to check the prices before purchasing digital currencies. 

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


The Best Cryptos to Buy on eToro

Now that you know what you need to do to buy crypto with PayPal, let’s go over the best cryptos of 2022. Below you’ll find more details on the most popular crypto options you can buy right now. 

  1. Ethereum
  2. Polygon
  3. Solana
  4. Decentraland
  5. The Sandbox


1. Ethereum


Ethereum is the second-largest blockchain in the world, and its platform is widely used among many other digital currencies. The platform is built using the best blockchain practices. It’s one of the most popular cryptocurrencies in the world, and it’s currently entering its final phase which is expected to increase the value of all coins even further. Therefore, Ethereum is one of the safest options if you’re looking to buy crypto assets that will return your investment and make you a profit.


2. Polygon


Polygon is designed to help connect blockchain networks built on the Ethereum blockchain. Its features quickly led to a massive increase in value, making Polygon one of the best cryptos to buy in 2022. It’s one of the fastest and most scalable cryptos on the market, and its partnership with Reddit has resulted in a $200 million investment in social media, gaming, and web 3.0 projects. The project is definitely on the rise, so it should be on top of your priority list.


3. Solana


Solana or SOL, as it’s better known, is a blockchain platform designed to improve transaction speed while reducing costs. Like Ethereum, it’s also built on smart contracts, and it’s originally designed as a token used to pay transaction fees within the network. It’s faster than Ethereum, and it’s much more affordable. The project has kept growing since its release, and Solana’s NFT marketplace called Solanart is one of the biggest NFT marketplaces in the world. Solana might be the best crypto in 2022, as it’s expected to become the Visa of digital assets. 


4. Decentraland


Decentaland’s crypto token is called MANA, and it belongs to a 3D virtual world platform built on the Ethereum blockchain. Mana tokens function as the in-game currency players use to purchase digital assets such as land, items, and services. It’s 100% decentralized and it’s expected to become one of the largest metaverse currencies shortly. With new partnerships with Samsung and other worldwide brands, Mana is expected to keep growing steadily during 2022. 


5. The Sandbox


The Sandbox’s native token is called SAND. It’s also an Ethereum blockchain project built as a virtual world where players can buy digital assets. Even though it was around for a few years, the platform became hugely popular in 2021, when it grew by more than 5 times. It now has 30,000 active monthly users, and the number keeps growing steadily every day. The platform partnered up with Snoop Dogg, who bought a virtual mansion on the platform and is expected to hold the first virtual concert in the metaverse in the following months. 

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


Why Buy Cryptos Using PayPal?


Now that you know how to buy crypto with PayPal, let’s see why that’s a good idea. When compared to other available options, buying crypto with PayPal offers some significant benefits mostly revolving around security and fast transactions. Here are the main takeaways:


1. Fast Transfers


Perhaps the main benefit of using PayPal to buy crypto assets is the super-fast transfer time. All deposits made from PayPal appear in your wallet instantly. You’ll learn pretty soon that every second counts in the crypto market, so fast transaction speeds are a must. The withdrawals are also much faster when compared with most other options, with an average withdrawal time of less than one day.


2. High-end Security


PayPal is the largest and most popular online payment service, and as such, it’s protected by state-of-the-art cybersecurity. The platform is widely used by millions of users every day, so it comes with all the latest security features such as a two-step login, and end-to-end data encryption. That way, you don’t have to worry about losing money to hackers, and PayPal will even send you an email after every purchase or transfer, allowing you to prevent fraud in case of identity theft.


3. Excellent Mobile App


PayPal has a complementary app design to make trading cryptos and making deposits even easier. The user-friendly app allows you to track all transactions in real-time. That way, if you ever decide to buy crypto with PayPal, you can always check your balance and make purchases on the go. 


4. Direct Access to International Vendors


As mentioned earlier, most large crypto exchanges including Binance,, and others support PayPal payments. PayPal can also be used for direct peer-to-peer crypto exchanges, which can save you some money since there are no third parties involved. In short, with PayPal as your payment option, you won’t have to worry about transaction fees and various expenses that are included with other available payment options.


5. Multiple Currency Support


Lastly, PayPal supports 25 different currencies, which allows you to exchange euros for dollars, or any other available currency with just one click. Let’s say that you receive a payment in euros, but you need dollars. Simply follow the on-screen instructions and you can quickly exchange any of the 25 currencies into dollars you can then use to fund your crypto accounts directly.

 >>>Find Best Cryptos on eToro <<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.  


How to Buy Crypto With PayPal – Conclusion


The goal of this tutorial was to help you learn how to buy crypto with PayPal from the comfort of your home. You can even download the PayPal app and stay on top of your crypto-trading game at all times. PayPal is supported by the most popular crypto markets, and it usually has the lowest transaction fees of all available options. 

If you want to start your career in the best way, we recommend that you buy crypto assets on eToro, as it has the lowest fees, and is the most regulated crypto exchange in the world. We wish you the best of luck in your future crypto trading efforts!


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