PayPal to Bitcoin Instant Conversion of Digital Cash
PayPal is a company that transfers money online from one corner of the world to another corner. And it is the system that helps its millions of customers by providing them this outstanding facility and serving as an alternative to traditional money transferring methods. There is no doubt that PayPal provides a lot of good services to its customers like transferring money safely and is incredibly easy to use. On the other hand, Bitcoin is the most valuable cryptocurrency which was invented in 2009 and is stored in a digital wallet. People can sell and buy products and services with the help of this valuable currency.
There are millions of users of PayPal and Bitcoin and want to know that whether they can buy this cryptocurrency using PayPal to Bitcoin Instant conversion. Initially, PayPal was not providing this service, but in 2020 PayPal introduced a new feature in which consumers were able to buy, sell and hold cryptocurrency in their accounts. PayPal provides this facility only for Litecoin, Ethereum, Bitcoin, and Bitcoin Cash. This procedure of exchanging the currency with PayPal is extremely easy, but initially, it was not, as the users had to through a lengthy procedure of signing up on a PayPal to BTC Exchange.
As a PayPal and Bitcoin user, here is a simple method by which you can find How to Buy Bitcoin with PayPal. An existing user will just have to log in to the PayPal account and head to the dashboard which has a separate “Crypto” section, with options of all cryptocurrencies it is providing. You just need to sign up for the new account, if you do not have an account previously. A list will be available in the Crypto section and as the person is looking to buy bitcoin with PayPal, therefore bitcoin option will be selected. After the selection, the price history of different periods, like 24hours or 1 week or 1 month, will be shown. Customers will have to analyze this trend and select the option to buy. Default options will be shown, or a custom amount can be entered too. You can move forward with the existing payment method if you already have an account, but if you are a new user you will have to select a payment method like a bank account or debit card.
After you have selected the payment method, you will be shown different options like transaction fees, exchange rate, and total cost. You can now easily buy Bitcoin through PayPal, just click on the “Buy now” option. Now you can buy BTC with PayPal instantly through this easy method.