By carefully automating the entire process of offering and receiving bitcoin, xCoins. Once an offer has been accepted, the xCoins. With funding options including PayPal, credit card, and debit card, the process could not be simpler or easier. Instead of hassles, waits, and frustration, xCoins.
That also makes xCoins.
Making use of an advanced digital currency like bitcoin should not require being held back by old-fashioned restrictions, delays, or problems. The cutting-edge, fully automated xCoins. The automatic, entirely seamless process makes it possible to add to the balance in a bitcoin wallet using PayPal quickly and securely and whenever might be most convenient.
It is about time bitcoin and its users had a solution like xCoins. It is about time that receiving bitcoin with PayPal was just as convenient as using that popular service for anything else. We have made sure that registering for and using xCoins. Sign up for your own account now to see for yourself. PayPal is always welcome here. When you find a PayPal seller, enter the amount of Bitcoin you want to buy and lock in the exchange rate. The other party will get a notification. Most PayPal traders hear a response in under 60 seconds. First, the seller will put the Bitcoin amount in an escrow account.
The escrow holds the BTC in trust to guarantee both sides hold up their end of the deal. Once the Bitcoin is in escrow, the seller will give you their PayPal transfer details using encrypted chat. Once the seller acknowledges receipt of your PayPal transfer, the Bitcoin is released from escrow to your wallet. Since using LocalCryptos, my economic performance has improved markedly. The security, privacy and ease of use is incredible. In Venezuela, it's like an escape valve, and it's a powerful tool to cope with the deep economic crisis that plagues the country.
For me, LocalCryptos is the platform with the best management of smart contracts to help you convert your Ether, whether by savings, investment or mining, to fiat around the world quickly and safely. After you read the smart contract and the white paper, you understand that LocalCryptos is secure. The fees are reasonable and the site is easy to use.
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I am using LocalCryptos because it is the only platform for trading Ether over-the-counter in Colombia. I really like that the wallets are in control of the users. I use LocalCryptos because it seems like a super fast and friendly tool, besides being an excellent way to save and protect my money from the galloping devaluation of the bolivar.
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I choose LocalCryptos because it's a fairly simple and effective platform. It also has good customer support that helps to solve your problems.
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LocalCryptos never takes hold of your crypto. In-browser cryptography powers the web wallet. This protects you from hacks and thefts. An escrow account is an open-source smart contract, rather than another vulnerable intermediary.
How can we help?
Every message you send is encrypted with a secret key that only you and your trading partner know. We can only read your messages if either party raises a dispute or asks for help. LocalCryptos is a community of more than , crypto traders from around the world. As mentioned earlier, you don't get to buy actual bitcoins but still gain exposure to its price moves. If you're in the USA, here are some other ways to buy bitcoin.
'Penny stocks'
Then just buy bitcoins with your credit card or debit card directly! LocalBitcoins also works for buying bitcoin with PayPal. The main issue is there are very low limits, unless you are willing to go through LocalBitcoins new KYC process. This will allow you to buy more Bitcoins but also removes a lot of the privacy protections that LocalBitcoins used to provide its users. Unlike eToro, though, it should work in most countries, and there are a wide range of sellers, all with strong feedback scores.
See below:. In this chapter, we will answer some of the most commonly asked questions about buying bitcoin using Paypal. Using an exchange like Coinbase you can sell bitcoins to your PayPal account. There have been rumors that PayPal has been planning Bitcoin integration. And as recently as July 22, , an unknown source inside of PayPal claims they will be adding a way to buy bitcoins through PayPal soon.
Even so, PayPal still has not integrated Bitcoin with its services and even if the rumors are true, there is no guarantee there will be an integrated wallet. Paxful is another way to buy bitcoin with PayPal. You can view listings here. Do you want to buy large amounts of bitcoin?
How to Buy Bitcoin with PayPal – Best Bitcoin Paypal Sites
Try buying bitcoins with bank transfer instead. As mentioned above, you can sell your Bitcoins to Coinbase or on LocalBitcoins and receive cash to your Paypal account.
The fees for selling bitcoins to PayPal are 3. You can use this method to buy bitcoins and then trade the bitcoins for another cryptocurrency using an exchange like Poloniex or Kraken. No, Poloniex only deals with cryptocurrency and does not accept deposits using credit card, bank transfer, cash or PayPal.
Kraken is currently one of the biggest crypto exchanges and many people want to know if it accepts deposits via PayPal.
Cryptocurrency on PayPal - FAQs
In this last chapter, we will cover common scams and hacks related to buying Bitcoin using paypal, as well as how to store your Bitcoins after buying so that they remain safe. It's up to you to protect you investment, so pay close attention - buying is only half the battle. I've been buying bitcoins for more than three years.
I've never lost any money to scams or thefts. Follow the guidelines in this article and you'll be able to do the same. Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins. Following these two basic principles should help you avoid theft, scams, and any other loss of funds:. In this bonus chapter, we walk you through how to buy bitcoin on localbitcoins using Paypal, every step of the way.
By the time you complete this chapter, it should be easy for you to get your Bitcoins using Paypal. We don't recommend buying bitcoins with PayPal on LocalBitcoins. Another con of using LocalBitcoins is you are dealing with an individual seller rather than a marketplace.