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PayPal is used by millions of people all over the world for sending and receiving money.

Many people want to know how they can exchange their PayPal money into Ethereum (ETH) easily and instantly.

This guide will simplify all the ways you can use PayPal to buy Ethereum online.

Last Update December 9th, 2020. PayPal is one of the simplest methods for sending and receiving money from other individuals and for purchasing goods and services online.

PayPal is also a popular method for buying Ethereum.

One effective and popular to buy Ethereum is to first purchase bitcoin and then use an instant exchange such as Changelly to convert it into Ethereum. In most instances, this is more cost-effective than paying a premium for buying ETH directly.

How Can I Buy Ethereum With PayPal?

If you want to buy Ethereum with PayPal as a payment method you have to find a reputable exchange that will allow you to make a deposit using PayPal as a funding method. These include trading platforms, marketplaces, and peer-to-peer lending platforms.

How To Buy Ethereum With PayPal On Etoro Summary

  1. Create an account with Etoro.
  2. Verify your account.
  3. Connect your PayPal account and fund your trading portfolio.
  4. Go to ‘Ethereum’ and select the amount you want to buy.
  5. Ethereum (ETH) is added to your Etoro portfolio.

That’s it! You have successfully purchased Ethereum with PayPal as the payment method.

2 Ways To Buy Ethereum With PayPal Instantly

Etoro

Etoro Homepage - Build A Better Crypto Portfolio

Rating:

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card, and the minimum deposit amount is $50. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • User-friendly interface
  • Great customer support
  • Low fees

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

Disclaimer: 75% of retail investor accounts lose money when trading CFDs


ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Wirex

Wirex App Homepage

Rating:

Website:wirexapp.com
CEO:Pavel Matveev
Headquarters:London, United Kingdom
Founders:Dmitry Lazarichev, Pavel Matveev
Founded:2014
Customer service:Knowledge Base

Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.

Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.

Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.

Pros

  • Multiple funding methods
  • Ability to purchase bitcoin at market rate
  • Wallet and exchange

Cons

  • The initial lag time
  • Not supported in all countries

ReputationFeesPrivacyLimits
GreatLowHighHigh

Our Top Recommendation

9.6

Etoro

9.6/10