What is the easiest way to exchange to buy BTC to PayPal instantly?

When Bitcoin was created in 2009, it was almost impossible to purchase during the first few years of trading. This was because there were hardly any exchanges that sold cryptocurrency! Even if you could find a reliable exchange (such as Coinbase), it was really difficult to find one that accepted real-world payment methods.

However, in 2020, it is now really easy to buy Bitcoin with a debit/credit card or a bank account. But did you know that you can also buy BTC with PayPal? Well, now you do, and today, I’m going to show you how!

The main reason for this is the way that the PayPal chargeback policy works. Essentially, when people pay for products using PayPal, they are offered something called "Buyer Protection". This means that, if they are not happy with the product they purchased, they can raise a claim with PayPal in an attempt to get their money back.

To exchange Bitcoin, visit: bitcoin to visa

However, that doesn’t mean that you can’t do it, because, as I am about to show you, there are a few different ways you can. Let’s start with LocalBitcoins.

LocalBitcoins

LocalBitcoins is a peer-to-peer exchange that allows people from more than 200 different countries to buy and sell BTC. It was created in 2012, and its headquarters are in Finland.

The greatest thing about LocalBitcoins is that it supports more than 20 different payment methods – including PayPal!

The way it works is simple. If somebody wants to sell their Bitcoin, they list the price that they want to sell it for in their local currency, along with a list of payment methods that they accept. Seeing as PayPal is a global payment system, it doesn’t matter which country you choose!

Once you find a seller that is happy to accept Bitcoin, you enter the amount of BTC that you want to buy, and then wait for the buyer to accept. Once they do, their Bitcoin is locked into an ‘escrow’. This protects both the buyer and the seller from losing their Bitcoin or payment.

As soon as the PayPal payment has been transferred, the buyer notifies the seller. When the seller can see the payment is in their PayPal account, they notify LocalBitcoins, and the BTC is instantly released!

VirWoX

The next option on my list of merchants that allow you to buy Bitcoin with PayPal is a platform called VirWoX. This company was created in 2007, which was two years before Bitcoin was launched!

They specialize in selling something called 'Second Life Lindens', or SLL for short. SLL is a virtual currency that is used in an online game called Second Life. Confused? Let me explain.

The platform allows you to buy SLL coins using PayPal. You can then use the built-in exchange to swap the SLL tokens for Bitcoin. Once you have done that, you can simply withdraw the Bitcoin back to your wallet!

As I mentioned earlier, there is more risk for sellers who accept PayPal, so VirWoX has installed limits. When you register you will need to provide some personal details like your full name and nationality.

eToro

The eToro platform is a major marketplace where people can buy and sell a range of financial products. This includes real-world currencies (like USD/EUR), commodities (like Gold/Oil), stocks (like Apple), and, of course, Bitcoin!

eToro was created in 2007 and now has over 5 million customers in more than 170 countries! However, the platform is slightly different, as you don't actually 'own' any of the assets that you buy or sell. Instead, you are purely speculating on whether the price of the asset is going to go up or down.

eToro is fully regulated by various national authorities including the Financial Conduct Authority (in the UK) and the Cyprus Securities & Exchange Commission. This means that your funds are protected up to a certain amount!

Here’s how it works when you buy Bitcoin with PayPal at eToro. Once you have created an account, you can instantly make PayPal deposits. You can then make a bet on the price of Bitcoin going up (or down). If at any point you want to close the trade and make a withdrawal, your trade is converted to real-world fiat currency.