Bitcoin craze is spreading at a meteoric pace worldwide. Several people are asking how to buy Bitcoins through PayPal. Buying Bitcoin using PayPal is the most secure and easiest way. But you will have to use some third party websites to buy your Bitcoins using your PayPal ID. This is where things get tricky, as you can’t just spend your money on phony third party websites and expect them to send you the Bitcoins. In this article I will tell you the best and most trustworthy websites where you can buy Bitcoins through PayPal.
Localbitcoins is one of the famous websites in the Bitcoin world. The website has a solid rapport and history. The website recently added a feature after which you can buy Bitcoins from it using your PayPal ID. Localbitcoins uses the exchange model. The idea is simple: you just have to pay the amount for the number of Bitcoins you want to buy and you will get the Bitcoins. Localbitcoins works with sellers. Some people, however, complain that in order to buy Bitcoins on this website, you need to have a community reputation. This is to avoid reverse transactions and frauds. There is no minimum limit of the payment. You can exchange Bitcoins for $10-$1500.
Xcoins is a Santa Monica-based company and the Bitcoin community has a complete trust on its website. The defining factor which differentiates Xcoins from other website is transaction speed. You can buy Bitcoins with PayPal within minutes on Xcoins.
Virwox is another great website to buy Bitcoins using PayPal. The website also lets you exchange Bitcoins. However, the fee charged by this website is more than that charged by other websites on average.
Paxful is one of the best websites to buy Bitcoin from because it allows you a diverse range of options. You can not only use your PayPal account to buy Bitcoins from Paxful, you can even use Amazon gift cards and Google Wallet. However, you will have to find a vendor on this website that’d be willing to sell you Bitcoins.
Wesellcrypto is one of the most famous Bitcoin websites where people buy and sell Bitcoins everyday. The website even accepts small transactions (under $15) without ID verification and lengthy process. If you order a large number of Bitcoins, the website takes a little longer for vetting and verification. The fee is also less than the industry average.