Buying bitcoin requires you to convert your real centralized control currency into a virtual and decentralized currency. There are several platforms that are available to buy bitcoin PayPal and other means. All these platforms might have varying conversion and another sort of charges levied by them. Hence it is important to choose a proper platform to Buy bitcoin paypal. Also if someone makes any sort of error in the buying process, it can lead to an irreversible loss. Hence it is important to be careful while you buy bitcoin using any mechanism.
Buying bitcoin with PayPal
It is quite easy to buy bitcoin with PayPal and platforms such as Plus500 and AvaTrade Bitcoin CFD makes it easier to buy bitcoins with PayPal or credit card. But still, there is an issue to buy bitcoin as all places are not credible enough. There have been several cases of a chargeback by the scammers that do PayPal transactions and then claim that they did not receive anything in their accounts. This way they keep their money as well as the bitcoins that they receive.
Virwox as a platform to buy bitcoin PayPal
Virwox is a platform from where you can buy bitcoin but the limit of buying depends on your account level. It is available in multiple countries around the globe and this company is operational since last 4 years. The support team of Virwox is bit slow and responds in around 48 hours that is a big time difference in many cases. But bitcoin sellers get a higher exchange rate on this platform. This is a well-known platform in the Bitcoin community and the exchange rate here is around 2% higher than other platforms. Get into the site to know more information.
Etoro as a platform to buy bitcoin :
Just like Virwox, eToro also allows you to buy bitcoin using PayPal and credit card. The best part of this platform is that it has comparatively low fees and offers to accept a variety of payment methods. The issue with the website is that you do not actually own the bitcoins bought from this platform and this service is not available in the US. But it is super easy to buy bitcoins from this platform. You can buy bitcoins from here but there is no option to withdraw or send these bitcoins to other people. You can only exchange your bitcoin with fiat currency such as Euros, dollars etc.
These are some of the ways to buy bitcoin using PayPal.