There are many cryptocurrencies that you can buy with PayPal nowadays. Which is a great option for anyone who is willing to enter the cryptocurrency market. Of course, there are other ways for you to purchase your desired crypto as well. We are going to take a look at how to buy XRP with PayPal, since this is an easy, convenient and safe method that anyone can use. Also, we will check different platforms that support PayPal, so you can choose which platform suits you more.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Where to buy XRP with PayPal
AS we mentioned earlier, there are many platforms where you can buy not just XRP but other cryptocurrencies. But when it comes to where and how to buy XRP with PayPal, we have listed the 3 most used platforms. You will for sure make your crypto purchase and investment quick since it is easy to do it. And on the other hand, it is safe.
Here are the top 3 platforms that you can check:
- eToro – best platform to buy XRP with PayPal
- Binance – wide range of cryptocurrency selection
- Webull – awesome design and easy to use app (desktop, mobile) with low fees
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
1. eToro – the best platform to buy XRP using PayPal
You always want to make sure that safety should be your top priority. Not just when it comes to things you do daily, but also with cryptocurrency trading! That is why eToro should be your top pick, because it is constantly being checked by regulatory bodies such as ASIC, FCA, and FINRA. They make sure that you can trade safely and protect your investment.
Another great thing you should know is that you won’t have to pay transaction fees once you open a trade. You just have the cost of the spread that traders of course must pay on both sides. Another great option is that you can follow and copy traders that are using this platform. When they trade, you trade as well, and it is all being done automatically.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. Binance – offers a big selection as well as low fees
Binance is also a great option to buy XRP using PayPal. There are also over 500 crypto assets for you and other users to invest in. They will also charge you 0.1 % transaction fees when you purchase or sell your crypto. Also, you can lower the transaction fees in case you purchase the native coin of Binance BNB.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
3. Webull – easy to use platform for beginners
Webull is also regulated by SEC and FINRA, which makes it secure to trade with cryptocurrencies. With its easy usage, even beginners can use it. You can use a mobile or desktop app, which is designed to provide all the necessary information. The mobile app has a two-step login for increased security, clear pricing charts, and price notifications that you can customize regarding the currency you wish to receive notifications for.
Another great fact you should know about is that there are no trading fees, and you have the option to invest in 25 coins.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Why you should buy XRP with PayPal
PayPal has been proven one of the most used and trusted methods in terms of purchasing cryptos. If you are new to the crypto world, you should also consider using PayPal, as it going to make your purchase of XRP or other cryptos very easy.
One of the reasons that people are trusting it, is because your deposits get transferred immediately. No need to wait for it to arrive at your account. This really crucial since the market can change in seconds. That way, you will be able to deposit or withdraw in seconds and earn more profit. Your rewards will come to your account during one working day.
Another key factor why you should buy XRP with PayPal is its security. You have two ways in order to increase your security. The end-to-end encryption and the two-step login. You will also instantly receive a notification email of every change on your account, which is a great feature. That way you can always know, what is happening to your account.
It is very user-friendly and in order to set up your PayPal account, you will literally need a couple of minutes. The mobile app is awesome, that way you will only need internet access in order to make your transactions. You also have 25 currencies that are available to use, which is why millions of people are trusting and using PayPal for their needs.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Is XRP the best crypto to buy in 2022?
The XRP (Ripple) is for sure a great option that you should buy in 2022 and keep for a couple of years until it hits the highest price. That can earn you a great profit, of course, depending on your initial investments.
However, in case you are looking for the best crypto to buy right now, we highly recommend Luck Block (LBLOCK). It is a blockchain gaming platform looking to revolutionize space. Lucky Block uses blockchain technology to promote fairness and transparency in the gaming space. It was listed on the crypto exchange platforms in late January 2022. The entry price was $0.00021. It went sky-high just in a couple of days with the highest price which was $0.003. The early investors got a massive reward and gained over 1000%.
The community that is backing up this crypto is amazing. It has a massive Telegram Group that has over 30K members, and it is growing as we speak.
Another fact you should know is that it is the fastest run-up to a $1 billion cap of all cryptocurrencies. There are more features to come such as live jackpot amount and history of winning number, calculated dividend percentage, tracking of charity donations, and a couple more.
XRP price prediction 2022-2025
When it comes to price predictions for any cryptocurrency, you have to be aware that prices all depend on the crypto’s community, hype at a certain moment, and other factors. We always suggest that you make your own research as well before you jump to a conclusion. Because you surely do not want to lose money, so be patient and wait for the right opportunity.
The XRP price today is $0.7795, and the price was around this number in January. The prices that should occur by the end of 2022 for XRP are good. And we estimate that it can reach up to $1.90 by the end of this year.
By the end of 2023, the price can push up to $3. And that is mostly because the Ripple network offers a viable (and more attractive) alternative to current payments systems. Given that most banks in the developed world still use the SWIFT network, there’s for sure a gap in the market that XRP could fill.
In 2025, it can roughly hit a potential price of $5.50, and the potential lowest price for this year should not be under $2. But if it reaches $3 between 2023 and 2024, which is just below the all-time high that occurred in 2017, the chances are real to get to the expected $5.50 by the end of 2025.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to buy XRP with PayPal
Lastly, let’s get into the details regarding the process of purchasing XRP with PayPal on eToro. We already mentioned before that we recommend eToro as our prime choice for its safety and also the trading fees that are lower when compared to other platforms. With no further ado, here is the guide:
Step 1 – Open an eToro Account
Go to eToro’s website and click ”Join Now”. Provide a valid email address and choose a username and a password for your trading account. If you’d like, you can even complete the sign-up process using eToro’s handy mobile app, available on iOS and Android.
Step 2 – Verify your Identity
Due to eToro’s high level of regulation, new users must verify themselves. To do so, click ”Complete Profile” and upload proof of ID (copy of passport or driver’s license). You will need proof of address as well (copy of bank statement or utility bill). eToro will then verify these documents, which usually only takes a few minutes.
Step 3 – Deposit via PayPal
Click ‘’Deposit’’ and choose PayPal from the drop-down menu. Follow the instructions to link your PayPal account to your eToro account and deposit a minimum of $50.
Step 4 – Buy XRP
Type ”XRP” into the search bar and click ”Trade”. Enter your chosen trade size (minimum of $10), make sure everything is correct, and click ”Open Trade”.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Conclusion
When it comes to how to buy XRP with PayPal, we showed you that is quite simple. You just need to follow our guide and you are set to start trading with this or any other cryptocurrency. Of course, before you start investing in cryptos, you should do detailed research regarding the currency of your interests.
It is always risky and you can lose a lot of money by just going into this world without a strategy or a plan. But on the other hand, the rewards that you can potentially earn are huge. That is why you should always be careful with your money, and how and where are you going to invest it.