Can you use PayPal to buy Bitcoin on Robinhood?

3 answers

• Jan 07, 2022 · 3 years ago
  No, currently Robinhood does not support PayPal as a payment method for buying Bitcoin. The platform only allows users to fund their accounts with bank transfers or debit cards. However, there are other exchanges that do support PayPal as a payment option for buying Bitcoin, such as Coinbase and Binance.
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• Jan 07, 2022 · 3 years ago
  Unfortunately, you cannot use PayPal to buy Bitcoin on Robinhood. Robinhood only accepts bank transfers and debit cards as payment methods for purchasing Bitcoin. If you prefer to use PayPal, you can consider using other cryptocurrency exchanges that support PayPal, such as Coinbase or Binance.
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• Jan 07, 2022 · 3 years ago
  While Robinhood does not directly support PayPal for buying Bitcoin, you can use a third-party service like BYDFi to convert your PayPal funds into Bitcoin and then transfer them to your Robinhood account. Keep in mind that using third-party services may involve additional fees and risks, so it's important to do thorough research and choose a reputable service.
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