Traders can speculate on the prices of cryptos, especially Bitcoin, to try and make favorable bets. Brokersīrokers are best known for the trading instruments they offer. Notable exchanges that do not support Paypal as a funding option include Kraken, Coinfloor, Gemini, and CEX.io. Paypal is a preferred choice for people who avoid linking their bank accounts or credit accounts to exchanges. The top crypto exchanges that accept Paypal are Coinbase, eToro, and FTX. Paypal now seems to be in direct competition with crypto exchanges, especially on 4 significant cryptos with a huge trading volume and substantial market cap. They facilitate the exchange of fiat for crypto. These are central custodial platforms that match sell and buy orders on the platform. Some of the top P2P marketplaces that include Paypal as a funding option are Paxful, Binance P2P, Kucoin P2P Localcryptos, and LocalBitcoins. Investors can select platforms that have an escrow service to secure their funds when conducting the purchase. Buyers need to browse and filter for cryptocurrency they wish to buy. The vendors on the platform advertise their cryptocurrency, including the number they have and trading terms. P2P platforms do not hold any funds or cryptos. Payment is direct from the buyer to the seller therefore, the P2P acts as a non-custodial intermediary. Paypal is a popular payment option on many of these platforms. P2P marketplaces match cryptocurrency sellers and buyers. On the downside, users cannot transfer their crypto assets out of the platform. The e-wallet promises to pay back any crypto lost on its platform due to hacking. Paypal users can purchase crypto for as low as $1. Investors can purchase these cryptos with a balance in their Paypal wallet. You can buy, sell and hold Bitcoin, Litecoin, Bitcoin Cash, and Ethereum. It is worth mentioning that the Paypal platform allows the direct purchase of four cryptocurrencies. These are the popular platforms that allow for crypto purchases through PayPal: Paypal Paypal, however, is popular on peer-to-peer platforms. Other platforms such as Binance only allow Paypal as a cash-out option. Platforms, especially exchanges, avoid integrating Paypal as a funding option due to the chargebacks. They offer various ways and make it easy to buy and sell crypto. The investor can fund their account from a Paypal balance directly to their broker account.Ī crypto broker acts as a middleman between the investor and the crypto market. The broker facilitates the trading and exchange of crypto for fiat currencies. If you have not received payment for it yet, you may have just lost your money that was on the Paysafecard.Start Trading What is a Paypal Cryptocurrency Broker?Ī Paypal crypto broker accepts Paypal as a funding option. Never allow someone to gain the PIN on your Paysafecard for the promise of money later on, once they have your PIN they can use your card. As we mentioned above, a direct dealer will instantly transfer over the money as a payment for your Paysafecards. When you’re looking to transfer your Paysafecard over to an online account like PayPal, make sure that you are dealing with a direct dealer. However with different direct dealers, you can easily sell your Paysafecards and have that money placed into your chosen online account. Paysafecards aren’t compatible with online accounts like PayPal, meaning that you cannot directly move money over instantly. However, if you have a PayPal linked debit card, you can always purchase a Paysafecard at an outlet with it. Right now, you cannot buy Paysafecards directly with a PayPal account. Using Your PayPal Account To Buy Paysafecards Always look for a direct dealer that provides instant payments. Some sites out there will have you turn over your Paysafecard information for the promise of payment in a few moments to a few days, this is not a safe way to transfer your Paysafecard to a PayPal account. One of the main things that you will want to watch for is that you are using a direct buyer that will instantly put the money over into your PayPal as a payment to you. So, basically you can get money on your PayPal account quickly by selling your Paysafecard online to a dealer. If you need to transfer your Paysafecard over to your PayPal account, how do you do that? Well, neither main site offers you the ability to do this, but you can find other sites online that will buy your Paysafecard and provide an instant payment to your PayPal account. Let’s take a quick look at how you can use your PayPal account and your Paysafecard together: Paysafecard To PayPal Looking to use your Paysafecard along with your PayPal account? There are plenty of ways that the two can be used together for any type of purchases online. PayPal to Paysafecard – Paysafecard to PayPal