![]() ![]() In some cases, the seller will also require a minimum reputation score for the buyer. Look at the payment window to see how long you have to complete the transaction.Consider the trade limits to be sure the seller can fill your order.Look at the number of trades and trade volume.The country box defaults to your own country, but you can change it to search for sellers in other countries if you like. In this case, you would choose PayPal as the payment method and your local currency. The search box allows you to filter by currency, country, and payment method. Click the link in that email to verify your email address and you are ready to start looking for bitcoin sellers. ![]() As you can see, it’s a pretty quick and easy signup form.Īfter clicking to register, you’ll receive an email from LocalBitcoins to confirm your account. The first step to take to use LocalBitcoins is to sign up for an account. Because you are connecting with real people, there are some precautions you should take, but overall LocalBitcoins has made the buying and selling process very safe and secure through the use of a seller reputation system and an escrow service. In 2019 LocalBitcoins is a global marketplace, with users from around the world meeting to buy and sell bitcoin. It got its start in 2012 and was initially created to connect people who were close geographically so they could meet in person to exchange bitcoin for some other asset. LocalBitcoins is probably the most well-known peer-to-peer marketplace for buying and selling bitcoin. Peer-to-Peer Marketplace: Buy bitcoin with PayPal through LocalBitcoins Here’s a more detailed guide to each of the three categories, including step-by-step instructions for using one of the services in each category. Using a P2P lending platform like xCoins, you can borrow bitcoin and then pay the loan off immediately using a PayPal account. A lending platform allows users to lend and borrow bitcoin and other altcoins. You can find out more in our detailed explanation of VirWox below. There is one exchange called VirWox that has found a special loophole that allows users to buy bitcoin with PayPal in a roundabout way. The exchanges got burned early in their existence by PayPal chargebacks and there are almost none that accept PayPal when you are buying bitcoin. Two of the most popular and well known P2P marketplaces are LocalBitcoins and Paxful. Because the sellers decide on payment methods, it is possible to find a seller willing to accept PayPal payments. These P2P marketplaces were one of the first ways to exchange fiat currency for bitcoin. ![]() These are like an exchange, but they connect buyers and sellers directly, without acting as an intermediary. The three options that still exist for buying bitcoin with your PayPal account are: Three Options for Buying Bitcoin with PayPal in 2019 ![]() That’s why we have created this simple guide on how to buy bitcoin with PayPal in 2019. In fact, it can be downright complicated. Doing so is possible, but it isn’t as straightforward as you might like. In 2019, Paypal remains the top online payment processor in the world, so it’s no surprise that many people are looking for ways to buy bitcoin with Paypal. That’s thanks to the growing number of exchanges, the simplification of the buying process, and the increasing number of payment methods available. If you see inaccuracies in our content, please report the mistake via this form.Buying bitcoin used to be a difficult process, but over the past few years, it has become increasingly easy to buy bitcoin. If we have made an error or published misleading information, we will correct or clarify the article. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards. Our goal is to deliver the most accurate information and the most knowledgeable advice possible in order to help you make smarter buying decisions on tech gear and a wide array of products and services. ZDNET's editorial team writes on behalf of you, our reader. Indeed, we follow strict guidelines that ensure our editorial content is never influenced by advertisers. Neither ZDNET nor the author are compensated for these independent reviews. This helps support our work, but does not affect what we cover or how, and it does not affect the price you pay. When you click through from our site to a retailer and buy a product or service, we may earn affiliate commissions. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. ![]()
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