Notably, they provide a practical and safe digital wallet that will store your Bitcoin holdings. This contrasts with many other brokers and exchanges who tend to add on a commission of 0.1% to 3% of your position size.ĮToro also offers this 0% commission structure on all other cryptos they offer, including when you buy Ethereum, Ripple, and more.Īside from their attractive fee structure, eToro also offers some handy features. One of the best things about eToro is that they allow you to purchase Bitcoin with PayPal without paying any commissions. It has a UK office in Canary Wharf, London. Importantly, it is regulated in the UK by the FCA and in the USA by FinCEN – ensuring your capital and personal details are afforded the highest levels of protection. With over 20 million users worldwide, eToro is widely regarded as one of the safest and easiest trading platforms to invest with. Our recommended broker to purchase Bitcoin with PayPal is eToro. eToro – Overall Best Broker to Buy Bitcoin with PayPal In this section, we discuss two of the best trading platforms when it comes to buying Bitcoin with PayPal in 2021.ġ. There is a wide variety of options on the market, ranging from brokers to cryptocurrency exchanges, so it can seem challenging to decide which is best for you. When you decide to purchase Bitcoin with PayPal, it’s crucial to choose a licensed platform with a track record of allowing users to trade safely. After this, double-check everything is correct, and click ‘Open Trade’.Īnd that’s it! You’ve just bought Bitcoin using PayPal – all without paying any fees or commissions! Where to Buy Bitcoin with PayPal in August 2023 In the order box that follows, enter the amount you’d like to invest – eToro only requires a minimum investment of £35. Click on the first option in the drop-down menu, and then click the ‘Trade’ button on the next screen. Once you have funded your account, click into the search bar at the top of the screen and type in ‘Bitcoin’ or ‘BTC’. Notably, eToro does not charge any fees when you make a deposit. Included in this selection is PayPal, so choose that option in the drop-down menu of the deposit screen. Step 3: Fund your eToro AccountĮToro offers a wide variety of deposit methods, including credit/debit card, bank transfer, and a selection of e-wallets. eToro will then verify these documents once verified, you can move on to step 3. Simply upload proof of ID (a copy of your passport or driver’s license) and proof of address (a copy of a bank statement or utility bill). Luckily, this process is very straightforward and can be completed in minutes. Step 2: Verify your ID and Addressĭue to eToro’s strict security policies, new users must verify themselves before being able to invest. On the page that follows, provide your email address and choose a username and password. To open your account, head to eToro’s homepage and click the Sign Up or Get Started links. We recommend using eToro in this guide as they offer commission-free cryptocurrency trading and are regulated by some of the world’s most trusted regulatory bodies. The first thing you need to do is open an eToro account. In this section, we’ll show you how to buy Bitcoin with PayPal with FCA-regulated broker eToro – all without paying a penny in fees or commissions. However, one of the most popular and safe methods is through PayPal, due to their stellar reputation worldwide as a reliable digital payments platform. When you decide to buy Bitcoin, most brokers and trading platforms will offer various ways to fund your account. How to Buy Bitcoin with PayPal in the United Kingdom – eToro Tutorial Enter the amount you’d like to invest, double-check everything is correct, and click ‘Open Trade’. Buy Bitcoin – Type ‘BTC’ into the search bar at the top of the screen and click ‘Trade’ next to the first option.Deposit via PayPal – Choose PayPal as your deposit method – minimum initial deposit of £142.Upload ID – Verify your account by uploading proof of ID (a copy of your driver’s license or passport) and proof of address (a copy of a bank statement or utility bill).Provide your email address and choose a username and password. Open an account with eToro – Head to the eToro homepage and click ‘Join Now’.By following the four steps below, you’ll be able to buy Bitcoin with PayPal in under ten minutes – all without paying a penny in commissions. If you’re looking to buy Bitcoin with PayPal right now, then look no further. How to Buy Bitcoin with PayPal – Step by Step Guide 2023 Market prices for digital tokens can be volatile and highly unpredictable.
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