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bitcoin paypal exchange: How to buy Bitcoin with PayPal

2019-12-11 11:43:39

The topic to discuss in this article is Bitcoin once again, only this time we will talk specifically about How to buy Bitcoin with Paypal.

In recent years Bitcoin has greatly benefited from Paypal, but in 2020 the purchase of Bitcoin through Paypal is still complicated, due to the problems of chargebacks, this article will cover How to buy Bitcoin with Paypal and for this the content below.

How to buy Bitcoin with Paypal?

In January 2020 I close Virwox, from here it is difficult to obtain Bitcoin by this way of Paypal, there are still 2 main options that will allow us to buy Bitcoin with Paypal, being these eToro and LocalBitcoins, for more precise details go ahead with this reading.

How to buy Bitcoin with Paypal (eToro)?

·         Advantage

Rates are low and payment methods have a variety

·         Disadvantages

Withdrawals will be possible in fiat currency, that is dollars, euros, etc ... And they are not available worldwide.

For a limited purpose eToro will be the best option for Paypal to obtain Bitcoin, we can only buy them, since it is not possible to withdraw and send our Bitcoins to other people, only if we seek to change them to fiat currencies, with eToro it is possible to speculate on in relation to the price instead of obtaining real currency, this is the easiest option if we want to benefit from the movement of prices and not for real Bitcoin, a Bitcoin wallet will not be necessary because it is not possible to obtain real currencies.

How to buy Bitcoin with Paypal (LocalBitcoins)?

·         Advantage

Throughout the world there is a wide variety of vendors

         · Disadvantages

In this there is a market where buyers and sellers are directly connected, when using LocalBitcoins it deals with a real person, now the credibility of the buyer is something that should be considered, in the case of communications, sellers charge a premium, due to the risk that these run on returns.

How to buy bitcoin with Paypal (Use of LocalBitcoins)?

        · 1- Enter the search parameters

The first thing is to place how many bitcoins we are going to buy and from which country, at the beginning this was created for the personal encounter, there is no worldwide search for what each of the countries must go

         · 2- Choose the seller

On this screen we will notice the available vendors, which we can examine each one.

To check a seller it is good to consider:

Feedback Score

  • - How many operations have you confirmed?

  • - What is the age of the account?

  • - How many people trust him?

  • - How many people blocked it?

Certainly there is no way to determine the reliability of a seller, so our common sense will play the most important role by reviewing the details of the seller.

           · 3-Complete the operation

AL and to choose the seller we will be taken to the operations screen, here are the details.

In this way we reach the end of the article, which was based mainly on Bitcoin and on how to buy bitcoin with Paypal.

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