Buy Bitcoin with PayPal – No ID or Instantly

Buy Bitcoin PayPal

This guide will tell you the best ways to buy Bitcoin with PayPal, with some of the best altcoin exchanges.

Summary

  • A few exchanges accept PayPal as a deposit method. We list the best exchanges accepting PayPal.
  • On peer-to-peer (P2P) crypto exchanges, there are often PayPal options available. We present the best peer-to-peer options.
  • There is a unique way to use PayPal for depositing into your Metamask Web 3 wallet.
  • A few of the above options are available without any KYC or ID requirements.

See our guide about how to use Bitcoin peer-to-peer(P2P) exchanges for crypto arbitrage trading.

No Financial Advice, Information only. Do your own research

List: Best ways to buy Bitcoin with PayPal

There are a few different categories in how to buy Bitcoin via PayPal

  • Via Ledger hardware wallet
  • Traditional exchanges accepting PayPal as a deposit method
  • Crypto P2P exchanges where buyers and sellers agree on any payment method, including PayPal
  • Web 3 trading applications accept PayPal as a deposit method. If you use the deposit bonus, your funds will be locked for a certain period of time.

PayPal to Hardware Wallet

PayPal to Bitcoin Exchanges

Bybit logo

PayPal to Bitcoin P2P Exchanges

Localcoin P2P Bitcoin Exchange logo
Bitvalve logo
Hodl Hodl P2P Bitcoin Exchange logo

PayPal to Web 3 Exchanges

Morpher trading token logo

Buy Bitcoin via Ledger Hardware Wallet

If you already bought crypto with PayPal, follow these steps to make a purchase using Ledger Live:

Purchasing Bitcoin through PayPal with a Ledger hardware wallet provides a secure and direct pathway to store your acquired cryptocurrency. Here’s a comprehensive guide to this process:

  • Step 1: Open Ledger Live: Begin by launching Ledger Live, the interface for managing your Ledger hardware wallet.

  • Step 2: Choose Currency and Amount: Select Bitcoin or any other supported cryptocurrency, and specify the amount you wish to purchase.

  • Step 3: Specify Country and Payment Method: Indicate your country, and opt for PayPal as your preferred payment mode.

  • Step 4: PayPal Transaction: Upon selection, you will be redirected to the PayPal interface, where you can log in and authorize the transaction.

  • Step 5: Transaction Confirmation: After confirming the transaction on PayPal, your digital assets will be securely sent to the Ledger hardware wallet.

By following these steps, you can ensure a seamless and secure purchase of Bitcoin using PayPal directly to your Ledger hardware wallet. This method offers both convenience and enhanced security, as the funds are stored offline on the hardware wallet, minimizing the risk of unauthorized access or cyber threats. Always keep your hardware wallet safe and backed up for added security.

Please note that if you don’t have a PayPal account or have never bought crypto with PayPal before, you will be required to create a PayPal account or undergo a KYC verification.

Buy Bitcoin on Coinbase with PayPal

Buying Bitcoin through PayPal on Coinbase is a straightforward process, but it’s essential to understand the eligibility criteria and steps involved:

  • Eligibility: Coinbase allows PayPal as a payment method for buying Bitcoin, but it’s important to note that this option is primarily available to customers in the United States. Users from other regions might have limited access or might not have this feature enabled.

  • Verification and Account Setup: To get started, create an account on Coinbase and complete the necessary identity verification procedures. This usually involves submitting a government-issued ID.

  • Link PayPal Account: After successful verification, navigate to the “Settings” section of your Coinbase account. Locate and link your PayPal account securely to your Coinbase profile.

  • Purchase Bitcoin: Once your PayPal account is linked, initiate a purchase of Bitcoin on Coinbase. Select PayPal as the payment method during the purchase process.

  • Transaction Confirmation: You will be redirected to PayPal’s interface, where you can log in and authorize the transaction. Confirm the transaction, and the purchased Bitcoin will be transferred to your Coinbase wallet.

Using PayPal to buy Bitcoin on Coinbase provides a convenient way to enter the cryptocurrency market. However, users must ensure they meet the eligibility requirements and are residing in a region where PayPal integration is supported. Always exercise caution and follow all necessary security measures to protect your transactions and assets.

Deposit via PayPal on CEX.IO

You need to link your PayPal account to CEX.IO Wallet before purchasing crypto to use this payment method. Only one account can be connected at a time. 

You can use PayPal both for 

  • CEX.IO Wallet app
  • CEX.IO website

How to link a PayPal account to the CEX.IO wallet app?

  1. Click on the profile icon in the top right corner of your screen to find the Payment Methods menu.
  2. Choose Alternative payments in the Payment Methods menu.
  3. Tap on PayPal and proceed with account linking.
  4. Allow CEX.IO Wallet to share the information, and tap Continue.
  5. Log in to your PayPal account to complete the account linking.

How to link a PayPal account to the CEX.IO website?

  1. Open the Wallet dashboard on the CEX.IO website, and click Buy next to the currency you would like to purchase.
  2. Select PayPal among Alternative payments.
  3. Log in to your PayPal account to complete the account linking.
  4. After linking your PayPal account, you may go back to CEX.IO Wallet and proceed with the purchase.

How to purchase crypto using PayPal via the CEX.IO Wallet app?

  1. Once your PayPal account is linked, you can purchase crypto via CEX.IO Wallet.
  2. Tap the Buy button located on the bottom menu of your CEX.IO Wallet app.
  3. Tap Select Asset at the top of the screen to choose a cryptocurrency for purchase.
  4. Enter the amount of crypto that you would like to purchase. You can enter the amount in your primary currency or the cryptocurrency you want to buy.
  5. Select PayPal as your payment method.
  6. Tap Buy on the bottom to finalize your transaction.

When transaction processing completes, you can see the updated balance with the purchased cryptocurrency in the Wallet menu.

How to buy crypto using PayPal on the CEX.IO exchange website?

PayPal is available on the CEX.IO Exchange only when purchasing crypto using the Instant Buy service.

The U.S. Dollar is the default currency in the Instant Buy service. However, if you are from the U.K. or EEA, you must change the currency to GBP and EUR, respectively. Otherwise, PayPal won’t be visible as a funding option.

  1. Choose what cryptocurrency you want to purchase and your primary currency for the transaction.
  2. Enter the crypto amount you want to buy, or select one of the pre-calculated packs.
  3. Click Buy and select PayPal as a payment method.
  4. Click login with PayPal below to link your PayPal account. You will be returned to the Instant Buy page after account linking.
  5. Select PayPal as a payment method again, and click Buy with PayPal.
  6. Choose what payment option to use in your PayPal account, and confirm the transaction to purchase cryptocurrency.

You can see the updated balance with the purchased cryptocurrency in your CEX.IO account when transaction processing completes.

What if my PayPal to CEX.IO transaction is declined?

In the case of an unsuccessful transaction, please:

Make sure the amount you entered is within the limits;

Check the balance on your PayPal account to make sure you have a sufficient amount of funds for the transaction;

Confirm the balance on the card involved in payment processing via PayPal if you used it for the transaction;

Initiate the transaction again with a different source linked to your PayPal account, if necessary—for example, a mobile application if you used the web version, or vice versa.

Bybit logo

Bybit P2P Trading Accepts PayPal

Buying Bitcoin via PayPal on Bybit’s P2P market involves a straightforward process to ensure a secure transaction. Here’s how you can do it:

  1. Login and Access P2P Marketplace: Log in to your Bybit account and access the P2P marketplace.

  2. Find a Suitable Seller: Browse through the available sellers and select one offering Bitcoin for purchase through PayPal.

  3. Initiate the Trade: Initiate a trade with the chosen seller, specifying the amount of Bitcoin you want to buy.

  4. Escrow and Payment: Bybit will hold the Bitcoin in escrow while you make the payment using PayPal.

  5. Confirmation and Release: After confirming the payment, the seller will release the Bitcoin from escrow, and it will be transferred to your Bybit wallet.

  6. Transaction Completion: The transaction is completed, and you now own the Bitcoin in your Bybit wallet.

Ensure you communicate clearly with the seller and follow the instructions provided during the trade process. Always prioritize security and verify the seller’s credentials before initiating any transactions.

Localcoin P2P Bitcoin Exchange logo

Buying Bitcoins with PayPal at LocalCoinSwap

  1. Go to LocalCoinSwap
  2. Tap the ‘Register’ button to create your new account.
  3. Enter your email address, username, and password.
  4. If you have a referral code, don’t forget to enter it here.
  5. Tap the ‘Sign up’ button to complete the signup process.

Search for someone selling Bitcoin via PayPal

Once you have created an account, the next step is to search for an advertisement selling Bitcoin. There are two ways to search for ads selling Bitcoin on LocalCoinSwap:

  1. Click “Buy Crypto” in the top menu.
  2. I want to: Buy
  3. Cryptocurrency: Bitcoin
  4. Payment method: PayPal
  5. Location: Your location

Now, you will see all the available options where you can buy Bitcoin using PayPal in LocalCoinSwap.

Bitvalve logo

Buying Bitcoins with PayPal at Bitvalve

Bitvalve is a P2P crypto exchange that charges a 0% commission fee on every trade. With BitValve, you can buy and sell bitcoin from anywhere. Bitvalve also have an Android app.

While LocalBitcoins and Paxful only support Bitcoin peer-to-peer exchange, Bitvalve supports Bitcoin, Ethereum, Cardano, Litecoin, Ripple, Shiba Inu, Dai, USDT, Dogecoin, Uniswap, and Bitcoin Cash. Also, Bitvalve supports crypto to crypto trading.

Read the full article about buying Ethereum with no KYC with Paypal using Bitvalve.

BitValve has no KYC requirements for a volume less than $ 1,000 per account.

Example: How does Alice use Bitvalve to Buy Bitcoin from her PayPal account?

  1. Alice wants to buy Bitcoin with PayPal.
  2. Alice goes to BitValve and finds Bob’s Offer.
  3. Alice starts a trade with Bob for $100 of BTC.
  4. Bob puts his BTC in Escrow, and Alice sends the $100 to Bob’s PayPal.
  5. Once Bob receives the funds, he releases the escrow, and Alice gets the BTC instantly.
     

    If something goes wrong, BitValve Support is always available 24/7 to solve it! 

When you sign up with Bitvalve you will get 10 BTV tokens for free

Hodl Hodl P2P Bitcoin Exchange logo

Buying Bitcoins with payPal at Hodl Hodl

Hodl Hodl is a Bitcoin peer-to-peer exchange.

Hodl Hodl is a global P2P Bitcoin trading platform, where all trades occur directly between buyers and sellers, and without a middleman involved.

Hodl Hodl does not hold user funds (we are locking it in multi-sig escrow instead), because of what our platform does not require KYC procedures.

Users can require personal information about their counterparty in the conditions of the offers, however you can accept them or not. You can also create your own offer with your own terms and conditions.

Morpher trading token logo

Buying Bitcoins with PayPal at Morpher

Morpher offers the most generous signup and crypto deposit bonus via PayPal.

Here, you can get 10% up to $500 in deposit bonus.

Once you deposit you will get MPH tokens and the utility of the MPH token is to trade free with unlimited liquidity.

In addition, you can get up to $1800 for FREE after verification of your account.

Is it possible to buy Bitcoin with PayPal with no ID?

Yes, buying Bitcoin via PayPal with no KYC requirements is possible via P2P crypto exchanges like LocalCoinSwap, HodlHodl and BitValve.

Step-by-step procedure on Hodl Hodl

  1. Contract creation: Buyer and seller engage in a contract. Hodl Hodl generates a unique multisig escrow address.
  2. BTC depositing and Payment transfer: Seller deposits bitcoins in escrow directly from their wallet. The buyer pays the seller according to the agreed-upon payment method.
  3. BTC releasing & Contract closure: Seller releases bitcoins from multisig escrow directly to the buyer’s wallet.Contract is completed.
In addition, Bitvalve allows for crypto purchases up to $1000 with a non KYC account.

Risks with PayPal to Bitcoin

To be safe while buying Bitcoins with PayPal, one should be aware of the risks. The platforms we provided here in this guide are all secure places to buy Bitcoin

However, in the case of P2P platforms, it does not hurt to work with verified sellers since some might come out as quite dishonest.

Outside of our list, many other sites allow you to buy bitcoin with PayPal. However, many turned out to be either straight or exit scams. Therefore, it is essential to do good research when choosing a new platform to buy BTCs with a PayPal account. 

E-payment system does not take any responsibility for your funds once they leave your balance.

Here are a few steps that you can take to ensure there are no red flags when choosing a new platform:

  • Check if the company is a registered business
  • See if the site in question has any customer reviews, especially negative ones
  • Investigate their business model to determine whether it is profitable
  • Use IP address sites to check how old is the website, as new ones probably have no reviews

Conclusion – The best way to Buy Bitcoin via PayPal

It seems that crypto P2P platforms are the best bet if you wish to buy Bitcoin with PayPal. LocalCoinSwap, BitValve and HodlHodl offer ways to buy Bitcoin without ID. However, it would be best if you did the work of finding suitable ads within these platforms. 

Crypto peer-to-peer exchanges must be used to target minor markets or markets where the government tries to shut down crypto markets. India is such an example, and with Bitvalve you can exchange ETH to INR or INR to ETH.

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