Cryptocurrency exchanges that accept PayPal

Cryptocurrency exchanges that accept PayPal

Robert McDougall 

January 8, 2024


Key Takeaways

  • Most top crypto platforms avoid PayPal due to chargeback capabilities, which is an added risk.
  • eToro and Paxful are two great options for crypto purchases using PayPal, but have different features and fees.
  • eToro allows deposits using credit/debit cards, bank transfer and electronic wallets like PayPal, supports 75 of the most popular cryptocurrencies, and has a community-style social platform.
  • Paxful is a peer-to-peer platform that only supports Bitcoin and Ethereum, with higher fees due to blockchain and escrow fees, but offers 24/7 live chat support.

There seems to be a lot of misinformation out there about crypto exchanges that accept PayPal. Almost all of the top crypto platforms avoid PayPal due to chargeback capabilities. It is an unnecessary added risk for the exchange, which they usually just avoid. Nonetheless, from my extensive research and testing, I have found two great options. 

Best PayPal crypto exchanges in 2024

#1. eToro: Best Overall for PayPal Purchases

eToro allows their customers to deposit funds into their eToro account using PayPal and then facilitates buying, selling and trading cryptocurrencies. eToro supports around 75 of the most popular cryptocurrencies depending on what geo you're in. The fees to buy (and sell) crypto is only 1%, which is a small price for the convenience of using PayPal. 

What I really like about eToro is the community-style social platform they have created. You will have access to a social media-style newsfeed where you can read updates from popular traders/investors who share their insights. eToro also gives you the ability to copy popular traders move-for-move which will automate your investment strategy. Click here for my in-depth review on eToro. If you are an Australian citizen, you can see my review specifically on eToro Australia.

  • Easily buy and sell 75 of the most popular cryptocurrencies
  • Copy popular traders move-for-move
  • Allows deposits using credit/debit cards, bank transfer and electronic wallets like PayPal
  • Global brand that has invested in good security and are highly compliant with regulation
  • Provides a demo account where you can practice trading using virtual play money

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

#2. Paxful: Best peer to peer PayPal purchases

Paxful is a peer to peer cryptocurrency platform that matches people who want to buy with people who want to sell. You can see in the screenshot below that people are selling Bitcoin and accepting payment via PayPal. Paxful acts as an escrow service in this case, so you transfer the money to Paxful and they act as the middle man, only releasing the funds when the crypto is transferred to you.

Its a pretty cool service but there are a few drawbacks: Paxful only supports Bitcoin and Ethereum which is a tiny range of coins compared to eToro. The fees you will have to pay to receive the Bitcoin via the blockchain plus the escrow fees will likely be higher than simply using a broker (although this varies).

  • Supported fiat currencies: DZD, XCD, ARS, AMD, AWG, AUD, AZN, BSD, BHD, BDT & 140+ more 
  • Supports the ability to buy Bitcoin & Ethereum
  • Minimum transfer is $10
  • Customer service: Email and 24/7 live chat support on the Paxful website

Overall, I would recommend using eToro for purchasing crypto using PayPal, if you are a casual or intermediate investor. However, if your goal is serious crypto trading, then neither of these are an ideal solution. The easiest method would be to buy crypto with Paxful and then transfer it to your Binance or KuCoin wallet and begin trading from there. You may have heard that Coinbase accepts PayPal; this is misleading, as it is only supported for withdrawals.

If your goal is just to buy a few cryptocurrencies and hold on to them for the long term (HODL), then eToro is an excellent solution. If these two options are not enough and you're willing to use other payment methods besides PayPal, then read our top US-based crypto exchanges list. If you have any questions, feel free to contact us. provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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