According to the latest reports, PayPal is undoubtedly the most popular e-wallet among US consumers. In 2025, you can anonymously buy Bitcoin with PayPal directly from the platform’s built-in exchange.
All you have to do is the following:
- Step 1: Log in to your PayPal account (sign up if you don’t have one)
- Step 2: Navigate to the “Finances” section of the platform
- Step 3: Choose Bitcoin from the list of available cryptocurrencies
- Step 4: Enter the amount of BTC you want to purchase
- Step 5: Double-check the transaction details and ensure everything is okay
- Step 6: Enter your payment information and confirm the purchase
After the transaction is finalized, the BTC will be stored in your PayPal account. You can keep it there or move it to a personal crypto wallet.
Buying Bitcoin With Paypal on Exchanges in 2025
While it may be convenient to buy Bitcoin directly from PayPal, it may not always be a cost-effective option considering the platform’s rigid fee structure, especially when buying small amounts. In such cases, it might be better to buy Bitcoin using PayPal from a crypto exchange that accepts PayPal as a payment method.
Here’s our top list of best crypto exchanges that support PayPal:
- Coinbase – Best for beginners and crypto exchanges
- Kraken – Best for low fees and experienced traders
- eToro – Overall best crypto exchange
- Gemini – Best for security
- Crypto.com – Best for crypto exchanges and mobile app
1. Coinbase Exchange Review
Overview: Coinbase was founded in 2012 and is headquartered in San Francisco, California. It is a centralized exchange that allows users to buy, sell, and trade cryptocurrencies.
Tradable coins: Coinbase supports over 200 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Fees: Coinbase charges a spread of about 0.5% for cryptocurrency purchases and sales. Additionally, there is a Coinbase fee of $0.99 to $2.99 depending on the transaction amount. Coinbase Pro, the exchange’s advanced trading platform, charges a maker fee of 0.5% and a taker fee of 0.5%.
Pros:
- User-friendly interface
- High liquidity
- Supports a wide range of cryptocurrencies
Cons:
- High fees compared to other exchanges
- Limited payment options
2. Kraken Exchange Review
Overview: Kraken was founded in 2011 and is headquartered in San Francisco, California. It is a centralized exchange that offers advanced trading features for experienced traders.
Tradable coins: Kraken supports over 70 cryptocurrencies, including Bitcoin, Ethereum, and Ripple.
Fees: Kraken’s fees vary depending on the trading volume and currency pair. The maker fee ranges from 0% to 0.16%, and the taker fee ranges from 0.10% to 0.26%.
Pros:
- Low fees compared to other exchanges
- Advanced trading features
- High liquidity
Cons:
- Not user-friendly for beginners
- Limited payment options
3. eToro Exchange Review
Overview: eToro was founded in 2007 and is headquartered in Tel Aviv, Israel. It is a social trading platform that allows users to buy, sell, and trade cryptocurrencies, as well as copy the trades of other successful traders.
Tradable coins: eToro supports over 120 cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin.
Fees: eToro charges a spread of about 0.75% for cryptocurrency purchases and sales. Additionally, there is a withdrawal fee of $5 and an inactivity fee of $10 per month after 12 months of inactivity.
Pros:
- User-friendly interface
- Social trading features
- Supports a wide range of cryptocurrencies
Cons:
- High fees compared to other exchanges
- Limited payment options
4. Gemini Exchange Review
Overview: Gemini was founded in 2014 and is headquartered in New York, USA. It is a centralized exchange that focuses on security and regulatory compliance.
Tradable coins: Gemini supports over 40 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Fees: Gemini charges a maker fee of 0.35% and a taker fee of 0.35%. Additionally, there is a Gemini ActiveTrader fee of 0.25% for users who trade more than $500,000 per month.
Pros:
- High security and regulatory compliance
- Supports a limited but high-quality range of cryptocurrencies
Cons:
- High fees compared to other exchanges
- Limited payment options
5. Crypto.com Exchange Review
Overview: Crypto.com was founded in 2016 and is headquartered in Hong Kong. It is a centralized exchange that offers a mobile app for buying, selling, and trading cryptocurrencies.
Tradable coins: Crypto.com supports over 100 cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin.
Fees: Crypto.com charges a maker fee of 0.10% and a taker fee of 0.16%. Additionally, there is a Crypto.com Visa Card fee of $0 to $50 depending on the card tier.
Pros:
- User-friendly mobile app
- Supports a wide range of cryptocurrencies
- Low fees compared to other exchanges
Cons:
- Limited payment options
- Not available in all countries
Disclaimer: Investing in cryptocurrencies carries significant risk. Values are highly volatile. Never invest more than you can afford to lose. This site does not provide financial advice. Act based on your own research and consult with a financial professional before making decisions. Don’t invest unless you’re prepared to lose all the money you invest.
Why Trust Us?
Entering the cryptocurrency world can be a maze of information. Here’s why our guide page stands out:
- Extensive reviews: We’ve meticulously reviewed over 28 exchanges, ensuring a broad perspective
- Deep feature analysis: 41 distinct exchange features were considered, from fees to security measures
- Rigorous data assessment: Our team has dissected 1148 data points, guaranteeing that our conclusions are backed by substantial research
- Reliable sources: We’ve drawn from 50 primary sources, ensuring our content is accurate and up-to-date
We pride ourselves on thoroughness, making your crypto journey a bit easier.
Pros & Cons of Buying Bitcoin With PayPal
| Pros | Cons |
|---|---|
| Convenience: Easy way to buy BTC, especially for those familiar with the platform. | Geo-restrictions: The option to buy BTC directly from the platform is not available in all regions. |
| Speed: Buying BTC via PayPal is faster than many alternative purchase methods. | Privacy concerns: Purchasing BTC via PayPals eliminates anonymity available with other purchase methods. |
| Security: Advanced security measures that minimize the risk of theft or fraud. | Higher fees: Transaction fees may not always be cost-effective, especially for small amounts. |
| User-friendly: PayPal’s interface is user-friendly and much easier to navigate than many alternative purchase methods. | No private keys: You don’t own the private keys when you purchase BTC via PayPal, which is why we recommend transferring it to your wallet. |
How to Buy Bitcoin Directly on PayPal
If you need more detailed instructions, here’s a comprehensive, step-by-step guide that will show you how to buy BTC with PayPal directly from the platform’s interface.
Step 1 – Sign Up or Log In to PayPal
The first step in purchasing Bitcoin with PayPal would naturally be logging into your PayPal account. If you don’t have an account, you will need to sign up for one. Don’t worry; it is free, and it doesn’t take more than a few minutes to set it up.
Step 2 – Choose Crypto in “Finances”
Once logged in, you will need to navigate to the “Finances” section of the platform and choose “Crypto” from the list of available options. Please note that this option is geo-restricted so if you can’t see it, it may be because it is not available in your location.
Step 3 – Choose Bitcoin and Click “Buy” to Set an Amount
Choose Bitcoin from the list of available cryptocurrencies tap or click on the Buy button. A new window will pop up, and you will be able to choose any amount of dollars you want to exchange for BTC. Choose the amount you want and tap or click on next.
Step 4 – Choose Payment Method
In this step, you will be able to choose your preferred payment method to purchase Bitcoin. You can pay with your PayPal balance, the bank accounts you have on file, or even add a new bank account or card to your PayPal account.
Step 5 – Make Sure You’re Getting a Good Deal
This is the final step that will show you the current market rate for Bitcoin and the PayPal crypto fees associated with the transaction. If you buy a small amount of BTC, PayPal’s charges may represent a significant percentage of the transaction, so make sure you are comfortable with the cost before you proceed with the purchase.
Step 6 – Send Your BTC to a Wallet or Keep it on PayPal
After completing the payment, the BTC you just bought will be allocated to your PayPal account’s cryptocurrency balance. From there, you can decide whether to hold your Bitcoin in your PayPal wallet or send it to your crypto wallet for better security and enhanced control.
How to Send Bitcoin on PayPal
Whether you want to transfer your newly purchased BTC to your wallet or send it to someone, you can send Bitcoin from your PayPal account in a few easy steps. Just do the following:
- Go to the Finance tab
- Click your crypto balance and choose “Transfer”
- Click Send
- Sync your contacts if you’re sending to another PayPal account
- Manually paste an address if you’re sending outside of PayPal or scan a QR code
- Choose the amount you want to send and click “Send Now”
How to Receive Bitcoin on PayPal
It is important to note that PayPal can also be used to transfer BTC from a wallet to your PayPal account. If you are on the receiving end of a BTC transaction through PayPal, you just need to follow the guide below:
- Go to the Finance tab
- Click your crypto balance and choose “Transfer”
- Click Receive
- Choose the coin you want to receive
- Copy your wallet address or share its QR code
Final Word
In conclusion, understanding how to buy Bitcoin using PayPal is just the first step in your cryptocurrency journey. By considering the advantages and limitations, conducting thorough research, securing your transactions, and staying informed, you’ve laid a solid foundation.
As you move forward, remember to secure your investments, explore diverse strategies, and stay updated with market trends. Your journey into the world of cryptocurrencies is ongoing – stay vigilant, adapt, and enjoy the opportunities that lie ahead.
Frequently Asked Questions
How can I link my PayPal account to a Bitcoin exchange?
The process of linking your PayPal account to your Bitcoin exchange account varies from one platform to another, but it generally involves logging into your account, navigating to the wallet or payment methods section, and logging in with your PayPal account. Additionally, linking the two accounts will most likely require additional verification steps, including confirmation through text or email and making a small deposit.
Is there a verification process for buying Bitcoin with PayPal?
In addition to the KYC verification process, most centralized crypto exchanges will require additional verification if you try to add your PayPal account as a payment method on their platform. However, if you buy directly through PayPal, you won’t have to undergo any additional verification steps besides the KYC.
Are there any transaction fees when using PayPal to buy Bitcoin?
No matter what payment method you use, transaction fees are simply unavoidable when buying Bitcoin. That said, different exchanges have different fee structures and it is important to research well before deciding which exchange to use to pay Bitcoin with PayPal.
What are the limitations or restrictions when buying Bitcoin with PayPal?
While PayPal is available in the USA, users from other countries may not be able to use it due to geolocation restrictions. Additionally, PayPal has a maximum cryptocurrency amount limit for US users. The limits are $100,000 per week for cryptocurrency purchases, and $25,000 per week for cryptocurrency transfers.
Is it possible to sell Bitcoin and receive the funds in my PayPal account?
Yes, it is. If you want to sell your Bitcoin on an exchange and receive the funds in your PayPal account, the process will involve placing and finalizing a sell order, receiving the funds in your crypto exchange account, and then withdrawing it to your PayPal account. If you sell your BTC directly through PayPal, you will automatically receive the funds to your account.
How long does it take for the Bitcoin purchase to reflect in my wallet?
The time necessary to complete a Bitcoin purchase depends on multiple factors, though buying BTC from a centralized exchange using PayPal as a payment method is typically faster than buying directly from PayPal. On highly liquid platforms, you can buy PayPal in several minutes, while buying directly from PayPal can sometimes take up to several hours or even days.
