After seeing the potential it has to protect Bitcoin currency devaluations money or to make investments expecting a price increase, many wonder how to buy bitcoins with their PayPal accounts.
Currently there are different exchange or exchanges that allow you to buy Bitcoins with the available balance in your PayPal account, or change bitcoins for PayPal balance. However, it is noteworthy that if this type of operation is performed through an exchange house in which purchased BTC or PayPal balance to someone else, you should know that PayPal allows chargebacks while Bitcoin does not . So get you someone to make a return of fraudulent charges by PayPal is possible, however that Bitcoin would be an agreement between parties.
Below is a list of exchange that allow you to buy and / or sell bitcoin or criptomonedas using a PayPal account.
Coinbase
It was founded in June 2012 and has its headquarters in San Francisco, California. It is one of the most famous digital portfolios market and offers exchange services bitcoins and ethers. In June the company announced the expansion of its payment options allow customers in the United States use PayPal to receive balance in their accounts by selling bitcoins, this feature is on probation although the company plans to provide the same service to users of the 33 countries that provide the platform for exchange.
When making the sale of criptomonedas through Coinbase using Paypal, the operation is done instantly. That is, there is no waiting time to send the criptomonedas more than the time it takes for the network to verify the transaction. The commission of this house exchange for purchases with PayPal is the 3,99% of the total amount.
BITPANDA
Initially called Coinimal, this Austrian startup specializes in buying and selling bitcoins, ethers and criptomedas NXT. It was founded in October 2014 after coordination with the Austrian authorities allowed the creation of the company.
Although Bitpanda platform does not have the option of buying criptomonedas with PayPal balance, you have the option to sell criptomonedas for PayPal balance in Euros. The estimated transaction time is 12 hours and transaction fees are stipulated by Paypal policies.
Cryptonit
Cryptonit is a startup based in the UK and is dedicated to the service of exchange of digital currencies, in addition, the company works closely with the Financial Services Authority in the UK (FCA for its acronym in English), which the company is properly registered under the legal parameters of the British state.
The platform allows PayPal to deposit balance of the user account in Cryptonit then proceed with the purchase of the criptomonedas, however, the commission for deposit into the account in dollars or euros is 9.8% of the total. However, when it comes to withdrawing money or sell criptomonedas on the platform to receive PayPal accounts, the fee is 2% of the total amount.
In addition, the minimum amount to withdraw is $ 10 or euros, and the maximum amount rises to $ 2,500 or euros. The average time that PayPal transactions are made and the platform is 4 days.
EXCHANGEMYCOINS
This company based in Denmark allows its users to exchange Bitcoin PayPal without commissions and almost instantaneously. After the Bitcoin network confirms the transaction, the platform makes the exchange and the user receives the dollar amount in your PayPal account.
One of the biggest advantages of ExchangeMyCoins is that the platform does not require records to perform operations, allowing perform anonymous. The maximum amount that can be exchanged for PayPal is $ 1,000.
PAXFUL
This American company provides a platform where users can create offers to buy and sell bitcoins, having as one of the payment methods PayPal precisely. Users making offers Paxful stipulate the exchange rate and payment that wish from the list of options available, so you have to make the sale of bitcoins to someone using PayPal as a payment method.
Platform commissions are only 1% of the amount of the transaction for the seller, leaving the buyer free of such commissions.
VirWoX
VirWoX is one of the most popular exchange PayPal balance by criptomonedas pages, however, if you want to get bitcoins easily and quickly should be careful. The platform based its operations in Linden dollars, a currency known for use in the game Second Life, so when buying a cryptocurrency in this space the currency Open Metaverse Currency (OM ¢), that although it is a virtual currency, is acquired is also it used to buy and sell goods or services in virtual environments.
The commission on that platform are charged according to the payment methods used in the case of PayPal can be determined on its website. For more information platform VirWoX invite you to read your page frequently asked questions.
LOCALBITCOINS
The company was founded in 2012 and is headquartered in Finland. LocalBitcoins is a platform to exchange bitcoins from person to person, ie, site users publish advertisements in which the exchange rate and payment methods specified, PayPal being of course available for purchase and selling bitcoins.
The platform allows users to exchange business with people all over the world, however, due to the policies of PayPal chargebacks care must be taken when performing such operations on the page.
LocalBitcoins provides an integrated user protection service you want to sell bitcoins, which are stored in a secure portfolio and whose amount is released once the user receives the payment. Commissions are only 1% of the total amount of each transaction once the user places an ad sales on the platform.