How to Buy Bitcoin on PayPal.com
Follow these step-by-step instructions to purchase Bitcoin directly through PayPal:
Step 1: Log In to Your PayPal Account
- Access your PayPal.com account and click the three-dots icon (⋮) on the right side of the screen.
Step 2: Navigate to Crypto Options
- From the dropdown menu, select the "Crypto" option.
Step 3: Choose Bitcoin
- Select "Bitcoin" from the list of available cryptocurrencies.
Step 4: Initiate Purchase
- Click the blue "Buy" button below the Bitcoin price chart.
Step 5: Enter Purchase Amount
- Specify the amount of Bitcoin you wish to buy (in USD or BTC).
Step 6: Select Payment Method
- Choose a linked payment method (bank account, debit card, or PayPal balance).
Step 7: Confirm Transaction
- Review the fee breakdown and final Bitcoin amount before confirming.
Step 8: Completion
- Congratulations! Your Bitcoin is now available in your PayPal wallet.
Important Notes:
- Only USA users (excluding Hawaii) can transfer Bitcoin to external wallets.
- Fees vary by transaction size (see table below).
| Purchase Amount (USD) | Fee |
|-----------------------|-------------------|
| $1 – $4.99 | $0.49 |
| $5 – $24.99 | $0.99 |
| $25 – $74.99 | $1.99 |
| $75 – $200 | $2.49 |
| $200 – $1,000 | 1.80% of amount |
| $1,000.01+ | 1.50% of amount |
👉 Need a secure wallet for your Bitcoin?
How to Buy Bitcoin on Venmo
- Log in to Venmo and select "Crypto" from the hamburger menu (☰).
- Choose "Bitcoin" from the list.
- Click "Buy", enter your amount, and confirm the purchase.
Key Details:
- Fund purchases with your Venmo balance or linked payment methods.
- No external withdrawals permitted (similar to PayPal).
Alternative Exchanges Supporting PayPal
1. Coinbase
- Global availability (100M+ users).
- Supports PayPal deposits/withdrawals (3.75% fee for selling crypto to PayPal).
2. eToro
- Available in most regions (excludes UK PayPal deposits).
3. Bitpanda
- Supports PayPal in Austria, Germany, France, Switzerland, Italy, and Spain.
👉 Compare fees across top exchanges
Frequently Asked Questions
❓ What cryptocurrencies can I buy on PayPal?
- Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
❓ Can I use PayPal to buy Bitcoin on Binance?
- No. Binance no longer supports PayPal transactions.
❓ Does PayPal provide crypto wallet addresses?
- Yes, for holding and transferring within PayPal’s ecosystem.
❓ Can businesses use PayPal for crypto?
- Only personal accounts are currently supported.
❓ Is Venmo a good option for buying Bitcoin?
- Yes, but withdrawals to external wallets are not allowed.
❓ How do I sell Bitcoin for PayPal funds?
- Sell via Coinbase or Gemini (USA only) and withdraw to PayPal.
Final Tips
- Lowest Fees: Compare platforms like Coinbase and Bitstamp for competitive rates.
- Quick Transactions: PayPal/Venmo purchases are instant but restrictive.
- Global Options: Bitpanda and eToro serve non-US users.
For more details, explore our crypto buying guides or consult trusted sources like TechCrunch and Washington Post.
Sources: Verified via PayPal’s official updates and exchange policies (2024).