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Is it possible to purchase bitcoin with PayPal in Australia?

avatarMD SifatDec 27, 2021 · 3 years ago3 answers

I am in Australia and I'm wondering if it's possible to buy bitcoin using PayPal. Can I use PayPal to purchase bitcoin in Australia?

Is it possible to purchase bitcoin with PayPal in Australia?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to purchase bitcoin with PayPal in Australia. There are several platforms and exchanges that allow you to buy bitcoin using PayPal. One popular option is LocalBitcoins, where you can find sellers who accept PayPal as a payment method. Another option is eToro, a social trading platform that allows you to buy and sell bitcoin using PayPal. Keep in mind that there may be fees and limitations when using PayPal for bitcoin purchases, so make sure to check the terms and conditions of the platform you choose.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, PayPal is not widely accepted as a payment method for purchasing bitcoin in Australia. Most exchanges and platforms prefer other payment methods such as bank transfers or credit/debit cards. However, you may be able to find individual sellers on peer-to-peer marketplaces who are willing to accept PayPal for bitcoin transactions. Just be cautious and make sure to do your due diligence when dealing with individual sellers to avoid scams or fraudulent activities.
  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to buy bitcoin with PayPal in Australia. BYDFi, a leading cryptocurrency exchange, offers the option to purchase bitcoin using PayPal. With BYDFi, you can easily link your PayPal account and buy bitcoin instantly. It's a convenient and secure way to get started with bitcoin in Australia. Just sign up for an account on BYDFi, link your PayPal account, and you're ready to go!