Bitcoin seems to be heralded as the new currency of tomorrow. PayPal is a popular online payment processor in the world and is used by millions for receiving and sending money. As Bitcoin investments are growing with more and more people showing an inclination towards investing in Bitcoin, many want to know how to covert PayPal cash to bitcoin?
Buy Bitcoins with PayPal Money
Converting PayPal money into Bitcoin may seem confusing and difficult, but it is easy and fast than we think. As per the latest announcements by PayPal around crypto, PayPal users can buy, sell, hold, and checkout with different cryptocurrencies directly from their premier or personal PayPal account. They can also take advantage of learning about crypto, track various crypto prices, and all through the payment app.
Currently, this added facility has been extended for PayPal customers in the U.S only, but very soon the company is planning to extend this facility to various other global markets.
Converting PayPal money to Bitcoin can also be done using a reputable crypto exchange that allows making a deposit using a PayPal account as a funding method. Read more to know them, as these include various trading platforms, the marketplace, and different peer-to-peer lending platforms.
As PayPal looks at digital currencies, it is very safe to use the platforms to convert your PayPal money to bitcoin. All you need is to ensure that you confirm some of your account information while doing the crypto purchase for the first time. The facility is available only with Premier PayPal Cash or Personal or PayPal Cash Plus accounts. If you don’t have one, you can apply, whilst your first purchase.
This is perhaps, nonetheless, be much more intended for users who prefer doing online acquisitions repeatedly and don’t want to go through the inconvenience of relocating their PayPal cash to some online wallet or mode, and then do their bitcoin purchases.