How to Buy Bitcoin & Cryptocurrency on PayPal (Step by Step) Complete Tutorial
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Jan 30, 2024
How to Buy Bitcoin & Cryptocurrency on PayPal (Step by Step) Complete Tutorial
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0:00
Hello there, if you want to buy some cryptos using your PayPal account you are actually
0:05
in the right place, I'm going to be showing you step by step what we can do
0:09
And if there's something, some issue that actually don't work into your current country
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you don't have to worry about that because we are going to be helping you with that also
0:20
So first of all I'm going to leave you guys a link down below in the description so you can get your PayPal account totally for free and you might get a few rewards just by signing up
0:29
Alright so with that being said, you are going to be seeing something like this. So whether you believe it or not, you can sell and you can buy cryptos using your PayPal
0:42
account, you can do this inside your PayPal account. So if I go into the describer cryptos, I'm going to be seeing different ways that I can
0:50
buy cryptos. But what I want to show you first is to, I'm going to just scroll a little bit down so
0:57
you can see how this works. So in here we can buy as little as $1 to fund some available account here into PayPal balances
1:09
There are a lot of steps that I can receive cryptocurrencies here into my PayPal account
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I actually don't have to do a lot of steps. I do have like my own Bitcoin address from PayPal
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I can add all my cryptos into just one place and I can transfer from one PayPal into another
1:29
So it's really easy. But there's something, actually for me, it's a little bit disappointing
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Because there are a lot of things that are available currently only in the US
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So yes, you might have a PayPal account, but I'm pretty sure that will convert cryptos
1:51
into USD. This crypto stuff is only working in the United States at the moment
2:00
So if you want to find out if this PayPal stuff is eligible for your country, what you
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want to do is to scroll all your way up and try to, I'm going to just hit into the new tab
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I'm going to go into PayPal crypto countries available. So I have here all the cryptocurrencies of people of FIQ
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So the thing here is that we can't actually have this option available into our account
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I mean, what I wanted to do is to go directly into my PayPal account
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And once I have access into my PayPal account, what I need to do is to find the option to
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buy some cryptos. So if I jumped right away into the marketing for growth, what I would be looking for is
2:55
for the transactions of the cryptos, but actually it doesn't appear in here
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So if I go into activity or pay and get paid or the marketing for growth, here I might
3:05
see the options to buy some cryptos even using the application, but it does not appear in
3:12
the tool. So if I hit into crypto, it's not available into my country
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But there's a great feature. There is something that I can be showing you how you can buy cryptos using your PayPal account
3:27
Even if it's this option is not available into your country. I mean like the best and easy way to do it is by just having the application inside your
3:38
inside your phone and to buy it. But since we don't have the option to buy cryptos inside PayPal, we're going to look
3:45
for how to buy cryptos outside PayPal, but we're still going to be using our PayPal account
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And for that option, if you are just like me, you want to use different exchanges like eToro
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So eToro is a place where we can start investing and actually try to buy and sell some cryptos
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So I was going to leave you guys a link down below in the description so you can have your free account here into eToro
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You just need to click into the link down below and it's going to be appearing something
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like this. So what we want to do is to sign up using an email and creating a passcode, which is
4:25
actually really simple. Now that we hit into sign up, you can actually try to create an account with Google or Facebook
4:33
account, whatever you want to do. But once you clicked into that option, what I want to do is to close this so you can see
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the dashboard of my account is going to be looking like this. Now in order to deposit some funds, I need to go into the settings section and here into
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the settings I want to look for the account section. Here into the account section, I want to verify my account in order to start making transactions
5:02
here into eToro. So I just need to fill my documents, fill the phone number and everything should be
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just ready. So if I go into settings, I can go into general
5:13
Everything's looking great. If I don't have like some information that I can't do this, I need to just verify my account
5:23
But in my case, it is actually really simple to do it. So what I want to do is to choose the deposit funds option
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And in here, what I want to do is to fund your account
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I want to choose USD and here I'll say that I wanted to buy $14,200
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And instead of choosing a credit or debit card, I want to choose PayPal
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And boom, I just need to select the email address of my PayPal, going to continue proceed
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with the transaction and accept the confirmation, make the confirmation into our PayPal account
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which is actually like really, really simple. The only issue that I can be seeing in here into eToro is the fact that we need to make
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a minimum purchase into eToro. So as you can see, I do have, let's say that I want to buy only $10 or even $100
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So here it says minimum deposit amount is $200, which in my case, I think it's not likely
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to do it. So what I want to do, yes, it might be like a little bit difficult to actually make some
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kind of transaction like this, but I think this is like the best way to pay with your
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PayPal account some cryptos, but without you to have to make a minimum deposit amount
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And for that, I love to use actually Binance. Binance at the moment, it's not available for buying cryptos using PayPal
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I'm pretty sure that in other countries it might be eligible, but if it's not available in your country, you can do this
7:07
What I'm going to do is really, really simple. So first of all, I need to create my account
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After I create my account, I need to verify my account as I just told you how to make
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the identification verify. And once I have my account already created, you can do two things
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If you think PayPal is available in your Binance account in your country, go into buy crypto
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and choose pair to pair trading. So in here, what you want to do is to make a deposit to a third party, in this case to
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another user. So what I want to do is to go into payments and here into payments
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I want to look for PayPal. If it doesn't appear in here, well, we can proceed
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But in my case, I do have several options. I actually don't even need PayPal if I do have just like my banks already in here
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So it's going to be really, really easy to buy crypto. So that's another way that you can buy crypto if you want to do
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The last thing that I can just suggest you if you're like not satisfied with this option
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is to have a online wallet like Squill. So Squill, it's not a specific bank
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Squill is just by having your money, you're in a digital wallet
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So once you have a digital wallet into Squill, what you can do is to generate this, this
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mini wallet, and then you can import this into PayPal. I can go into pay and get paid
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I want to go into wallet and here into my wallet, I want to add this Squill account
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so I can have a few, a few extra money. Right. And once I have this, both applications linked it, what I can do is to send money from my
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PayPal into Squill automatically. And actually you don't have to do anything because the money goes directly into the bank account
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It goes directly into your bank, into PayPal actually. So let's say if I have $10, this automatically goes into my bank
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So if we already have a Squill account already added, here is going to be appearing my money
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So if I go back into the other place where I want to buy tokens, for example, here into
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Binance, I go into per trading and here into the payment option, I just need to find Squill
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But that's totally up to you guys. So I'm going to be leaving you guys a link of both Binance and PayPal applications so
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you can have your accounts totally for free. If you still want to make a transaction with eToro and you consider you've already considered
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the minimum amount of PayPal, I'm still going to give you a link down below so you can make
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the transaction and you can have your money directly into your account
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So don't forget to like and subscribe to the channel if this was a very useful video for you
9:53
Thank you so much for watching this video and I will see you next time
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