If you are wondering about how to buy bitcoin with a credit card, you have come to the right place since I am going to show you how to do it without any hassle or fuss.
Nowadays, Paypal users can use their account to purchase BTC. Back in the end of 2020, Paypal officials had announced that they will support various digital currencies on the particular platform.
Before going further, you may ask yourself: Should I purchase BTC on paypal?
If you are wondering how to buy bitcoin and sell through the market, you could consider stopping at a crypto marketplace known as Paxful.
“But You said that Paypal currently accepts Bitcoin?”
Yes, I did say that. But there’s a good reason why some folks are rather using Paxful to purchase Bitcoin. I will explain it later about how to buy bitcoin with paypal with the credit card as well.
Why Use Paypal?
First things first, it is not a new thing that Paypal is currently the no.1 international online payment method. But just like other mobile wallets, registering an account on Paypal is free and easy.
Currently, Paypal has supported four different cryptocurrencies including Bitcoin Cash, Ethereum, as well as Litecoin. We should expect more crypto to be accepted in the future.
You can purchase crypto using your Paypal account or with your debit/credit card. I will explain to you later on how to buy bitcoin by credit card.
The current takeaway that you should consider is that Paypal’s crypto services are only available for US users. So far, only US users are able to transact the crypto using Paypal. If you are out of the US, you might have lost your chance.
Here is where I’d like to recommend you to trade the crypto through Paxful.
Buying Bitcoin on Paxful
If you have been searching about how to buy bitcoin paypal with a credit/debit card, Paxful is a great choice especially for people who are outside of the US. While you are waiting for Paypal to update their services to your country, you could use the Paxful platform to get the Bitcoin you need without any hassle.
Buying Bitcoin on Paxful
If you are from outside of the US and want to purchase BTC by using your Paypal, then Paxful can be the best solution for you. I have mentioned Paypal’s coverage for only US users to get their crypto.
With Paxful, you can use your credit/debit card or Paypal to purchase tiny fractions of Bitcoin with minimal to no fees.
Besides Bitcoin, you can also purchase other cryptos. It is easy to understand how to buy bitcoin with a credit card.
While other platforms only offer a single solution, Paxful has around 350 methods to purchase Bitcoin. All you need to do is to pick the payment method of yours and get your Bitcoin in no time.
Paxful also comes with the trading feature where you can find the best BTC deals from fellow traders. You can also work together with them and collaborate for a long-term for the benefits.
Purchasing Bitcoin with Paypal in Paxful
In this point, you will learn about how to buy bitcoin by paypal. Paypal is one of the most prominent online payment methods in the word. It serves as a faster alternative to the money orders and checks. Folks won’t need to wait for days to weeks, or even months to receive the funds globally. They can process the payments anytime, anywhere.
Getting Bitcoin with Paypal is possible even for people who are not residing in the US.
Paxful is a P2P marketplace. So, you will buy and sell the crypto from and to the fellow users. The method is pretty simple.
The P2P marketplace has lists of offers from fellow platform users. They are listing their offers on the platform with different deals and prices. You just need to find a suitable offer which is according to your budget and preferences. If you don’t find any good deals, you could create your own offer. If your offer finds a match, you just need to proceed trading with them.
The sellers of the digital assets will need to take additional steps to confirm the identities of the partners of trading.
In this case, you just need to provide the documents like ID cards, selfies, or screenshot. It is an appropriate safety measure to prevent fraudulent activities and scams.
The terms and conditions might be different from one offer to another. So, before proceeding, you will want to take your time to read up on them and agree to the requirements.
Purchasing Bitcoin with Credit/ debit cards
At this point, we will explain to you how to buy bitcoin with a credit card on the Paxful platform.
Paxful’s main objective is to offer ample financial services for millions of people across the globe. If you are just like other people, you surely know the problems with cross-border transactions. The conventional method would take days to weeks to finish the transaction. With the help of the Paxful platform, you must not wait any longer to send or receive your Bitcoin.
You will have the opportunity to join with the global market without the complicated boundaries.
The platform works on P2P financial basics. It enables all users to purchase Bitcoin directly from other users without the intervention of the intermediaries.
In this case, you will become the part of the community which has the freedom to transact the digital assets without being restricted by the intermediaries.
First things first, you will need to create an account in the Paxful platform.
With the Paxful account, you will get a free Bitcoin Wallet.
Then you could find your offer. You will have the freedom to choose your mode of payment, decide bitcoin amount to purchase, currency preferences, and others.
You could just search the offers based on your criterion. After seeing the results, you could choose the best offer.
Make sure to read terms and conditions first before purchasing your Bitcoin. After finalizing your payment, you will receive the Bitcoin directly to your Paxful wallet. Reserve your opportunity today!