Amongst one of the most frequently asked questions at BTC Exchange is how to purchase bitcoins using PayPal. Such questions are common even despite the fact that in recent years, PayPal has shown massive support for the trade of Bitcoins. However, many still find it a massive challenge to find secure and reliable platforms where they can purchase Bitcoins using PayPal.
In the last few years, the process of purchasing Bitcoins has become largely simplified with numerous payment options appearing all across the world. Most individuals wish for a simple and effective way that will allow them to invest in Cryptocurrencies at their own discretion. They will be saved from having to endure the daunting process of having to set up new accounts as well as auditing processes.
At BTC Exchange, we offer our clients a simple platform where they can purchase Bitcoins using their preferred payment option, like PayPal. In the article, we discuss how you can buy Bitcoins with PayPal on BTC Exchange.com
Who are we?
BTC Exchange.com is a platform that facilitates the peer-to-peer exchange of Bitcoins. In a nutshell, we are a marketplace where users can purchase and sell Bitcoins amongst themselves. The traders or users create advertisements where they offer the Bitcoins at a certain price and they also indicate their preferred payment method which they would like to offer. You simply log in to the website to view the listed trade advertisements while searching for your preferred payment method. In the platform, you will find traders selling Bitcoins online using PayPal. Besides, we verify all the sellers listed on the website which makes our platform safe and seamless.
Tutorial on how to buy Bitcoins using PayPal on BTC Exchange
Step 1: Register
Open the website BTC Exchange.com and if you are a new user, create an account by signing up for free.
Once you sign up you will gain access to your secure and free online Bitcoin wallet. One does not require any additional apps. If one already has an account, they can skip to the next step. The site will prompt you to confirm your registration details on your email.
Step 2: Perform a search for relevant advertisements
After logging in to the site, access the main page. On the main page, go to buy Bitcoins and in the search box you can fill in the amount that you wish to spend in your currency. You will also be required to fill in your location and in the choose payment method tab select PayPal as your preferred payment method. The option ‘select all online offers’ allows you to choose your payment method in the event you are unsure how you would like to pay. The site then searches for all available bitcoin traders within your region.
Step 3: Select a suitable advertisement
To identify a suitable trader, check the one with a good reputation score as well as those with high trade value. To find out more details regarding an advertisement, go to the ‘buy’ button which will display more information regarding the advertisement.
In the above example, Miguel is the Username, He has two trades and a reputation rate of 40%. The price per bitcoin is 9024.72 USD. The minimum and maximum buy amount is 10-200 USD. The buy option helps the buyer check the offer.
Step 4: Paying the seller
After accessing the ‘buy’ button, one will be able to access more information regarding the advertisement which also details the details of the trade. In order to initiate the trade of buying bitcoins with PayPal, type in the number of bitcoins you need to purchase then send the seller a message with a request for a send trade request. After clicking the button, be sure that you are ready to make the payment. If you fail to pay even before the payment window is over, then the trade will automatically cancel.
Step 5: Complete payment and trade
After making the payment, select the paid button. The trader will then verify receiving your payment after which your bitcoin gets released from escrow. The bitcoins will instantly be accessible in the BTC Exchange account wallet. Come one, Come all to purchase bitcoins using PayPal at BTC Exchange.com.
After this last step, that is all that there is to it. Congratulations on making your first bitcoins purchase. If you decide to purchase bitcoins using BTC Exchange, you will need to identify suitable contact vendors that accept PayPal as a payment method.