Sunday, December 22, 2024 6:38 AM

Best exchanges that accept PayPal

We found4crypto platforms for users based in

Morocco

1. AvaTrade. Best regulated broker for secure trading

4
Ratings

$100
Min. deposit
From 0.13%
Fees
500
No. assets
Yes
Demo account
Overview
We love AvaTrade because it is a reliable CFD broker, that gives users access
to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on
the price movements of various currency markets without owning the
underlying assets. AvaTrade is a multi asset brokerage firm and includes
CFDs for multiple forex pairs including EUR/USD, GBP/USD, USD/JPY, and
more.

AvaTrade is also highly regarded for its strong regulatory framework and
commitment to security. AvaTrade is regulated in multiple jurisdictions,
including Europe, Australia, Japan, South Africa, and the British Virgin Islands,
which means it must adhere to stringent regulatory standards across the
world.

AvaTrade isn’t just well regulated, it also employs advanced security

measures to protect client funds and personal information, including
segregated accounts and robust encryption technology.

The fees: There is no commission on any trading. AvaTrade makes money

from the Bid/Ask spread instead. Forex spreads start at 0.7 pips. Positions
left overnight are charged a swap fee that varies depending on size. An

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left overnight are charged a swap fee that varies depending on size. An
inactivity fee of £/€/$50 per month is applicable if you don’t log in to your
account for three consecutive months.

Highlights

No. of tradable 1250+

assets
Min. Deposit $100
ID verification Yes
required
Free demo Yes
account
Supported Stocks, Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs,
assets Commodity CFDs, Index CFDs
Mobile trading Yes
app
Web trading Yes
platform
Regulatory FSCA, FSA, ASIC, CBI, MiFID, CySEC, BVIFSC, FRSA
bodies
Fees & Costs

Trading fees No
Inactivity fees Yes
Rollover/overnight fees Yes
Withdrawal fees No
Spreads Yes
Conversion fees No
Pros
Trade 1000+ CFDs with competitive spreads
Regulated by Tier 1 financial bodies across the world
Consistently highly rated trading platform on web and mobile
Offers social trading through its proprietary AvaSocial platform
Cons
Spreads are competitive without being industry-leadingSome assets are only available to trade
through the MetaTrader software

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2. FP Markets. Best for low spread & 0-pip trading

4
Ratings

$-
Min. deposit
...
Fees
-
No. assets
No
Demo account
Overview
We love FP Markets because it uses cutting-edge technology to ensure all
forex trades are executed at lightning fast speed. It’s an award-winning broker
and offers over 60 currency markets with spreads starting from zero pips and
leverage up to 500:1.

FP Markets has zero restrictions and allows all trading styles, including
scalping and running expert advisors. It integrates with the popular
MetaTrader 4 platform and has its own technology-driven charting package.
For beginners, FP Markets offers a free copy trading service where you can
mirror profitable users’ trades directly in your own account.

The fees: FP Markets has two account types with different fees for forex
trades. Its standard account has zero commission but has spreads starting
from 0.9 pips. Its Raw account gives access to its ECN trading platform and
charges $3 per side (per lot) for every forex trade.

Highlights

No. of tradable assets

Min. Deposit
ID verification required No
Free demo account No
Supported assets
Mobile trading app No
Web trading platform No
Regulatory bodies

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Pros
Trade 10,000+ CFDs across multiple asset classes
Highly regulated and reliable platform
Copy and social trading features
Cons
Not available in the US, Japan & New Zealand
IRESS platform is expensive

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OKX. Best for futures and margin trading

4
Ratings

$-
Min. deposit
...
Fees
-
No. assets
No
Demo account
Overview
We love OKX because it’s an adaptable and flexible exchange, with an app
that’s available in three different versions depending on how you trade.
Choose from the beginner-friendly Lite version, Web3 option for NFT traders,
or the Pro version for a plethora of trading tools.

From an app or desktop you can trade 350+ crypto coins on one of the world’s
top crypto exchanges. You can fund your account easily, through a variety of
simple payment methods, and a sliding scale of fees that means you can
access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto
holders are entitled to a discount, up to 0.02% off for holding more than 2,000
coins. High volume traders are also entitled to a discount, with the cheapest
fees available for traders with a 30 day trading volume above
$10,000,000,000.

Highlights

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No. of tradable assets
Min. Deposit
ID verification required No
Free demo account No
Supported assets
Mobile trading app No
Web trading platform No
Regulatory bodies
Pros
Stake ETH to freely mint NFTs & win big prizes
350+ cryptocurrencies & NFTs available across 650+ trading pairs
Crypto spot & derivative markets available
Pay using hundreds of local payment methods
Cons
Not available in the US
Lack of fiat withdrawal options

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Which is better: buying Bitcoin through PayPal or

buying on cryptocurrency exchanges?
A cryptocurrency exchange is almost always the better option when it comes
to purchasing crypto. It’s typically cheaper, with more ways to buy and sell
Bitcoin. It also gives you greater freedom and flexibility in terms of swapping
your Bitcoin for other cryptos, storing it securely, and offers numerous
additional crypto products.

Buying crypto through PayPal itself is an option for beginners, as it’s a user-
friendly way to buy your first coins. For all its many strengths when it comes
to fiat currency, however, PayPal is severely limited as a crypto exchange and
you have to perform a full ID check and answer questions about your tax
status to be allowed to make a purchase.

There are no analysis tools available on PayPal and no means of swapping

between cryptocurrencies. You can’t use another crypto, like ETH, to buy BTC,
or vice-versa. Similarly, its Bitcoin wallet is much less secure than any
standard crypto wallet where you keep control of your own private keys.

Furthermore, PayPal is underdeveloped regarding crypto and doesn’t offer you

the ability to interact with other wallets, web3 services, staking pools, earnings
& interest, or other similar features that make the cryptocurrency investment

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& interest, or other similar features that make the cryptocurrency investment
space unique.

Top tips for using PayPal to buy Bitcoin

The appeal of PayPal is in its convenience and security. However, to ensure
you stay safe and get the best experience when buying Bitcoin with PayPal,
you need to carefully consider the exchange you sign up to.

Here are a few tips to help you choose the best crypto exchange that accepts
PayPal.

• Choose an exchange with low fees. You have to pay transaction fees
when you make a Bitcoin purchase, but there may be additional fees for
using PayPal as a means to make a deposit. Bank transfers and debit
card payments are typically the cheapest options, but this isn’t always the
case.
• Pick a service that is licensed by a top-tier regulator. Crypto exchanges
that accept PayPal should be licensed by FINRA, the government agency
that enforces SEC regulations, in order to offer crypto trading. These
regulations services to protect their users, through things like Two-Factor
Authentication (2FA), Anti-Money Laundering (AML) and Know Your
Customer (KYC) checks, that mean you must typically provide ID to use
these platforms.
• Beware of scammers and use all available security features. Make sure
you use 2FA if it’s available, and don’t hand out account details to anyone
else. Be particularly wary of handing over money to other people via
PayPal on peer to peer (P2P) exchanges.
How to buy crypto on PayPal directly
If you live in the US or the UK, you can buy Bitcoin directly on PayPal.

Creating a PayPal account is free, but you have to link it to your mobile phone
and email address. After that, purchasing Bitcoin is relatively simple and
should only take a few minutes.

1. Create or access your PayPal account

If you don’t already have one, you’ll need to create a free PayPal account on its
website. If you do have an account, simply log in with your credentials.

2. Find the Cryptocurrency section

Locate the Crypto or Cryptocurrency section within your PayPal account. It
might be displayed on your main dashboard or tucked away under the

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might be displayed on your main dashboard or tucked away under the
“Finance” tab.

3. Choose Bitcoin
PayPal usually offers a few different cryptocurrencies. Select Bitcoin (BTC)
from the list of options.

4. Purchase Your Bitcoin

Decide how much Bitcoin you want to buy and enter the amount. You can use
your local currency (like USD) or directly input the equivalent Bitcoin value.
Carefully review the transaction details, including any fees, and confirm your
purchase.

5. Manage your Bitcoin

Your purchased Bitcoin will now be accessible in your PayPal cryptocurrency
wallet. You have the option to hold your Bitcoin as an investment, sell it, or use
it as a payment method where PayPal crypto transactions are accepted.

How much does PayPal charge to buy and sell

Bitcoin?
PayPal is one of the more expensive ways to buy crypto assets. You can
expect fees of around 2% on each transaction, although there are cheaper
rates for larger trades. Here are PayPal’s fees compared to eToro, another
leading exchange platform.

Transaction amount ($) PayPal fee eToro

1 – 24.99 $0.50 1%
25 – 100 2.3% 1%
100.01 – 200 2% 1%
200.01 – 1,000 1.8% 1%
1000.01 + 1.5% 1%

Quick answers to key questions

Can I store Bitcoin in a PayPal crypto wallet?
Yes, you can. However, PayPal is limited as a crypto wallet. It does not offer
the same security as a dedicated, self-custodial wallet (where only you can
access the money via your private key).
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access the money via your private key).

The PayPal wallet is a good option for beginners who buy and store
cryptocurrency in small amounts. It does offer some protection against
unauthorized transfers, but anyone investing more should think about
something more secure.

PayPal now integrates with a number of third-party crypto wallets. We

recommend you use the likes of MetaMask, Ledger, Phantom, or Magic to
store your coins if you plan on holding onto them for a while.

Can I send Bitcoin from PayPal to an external wallet?

Yes, if you’re based in the US, you can transfer crypto from PayPal to an
external wallet. According to PayPal, this feature was added in 2022 after
being one of the ‘most requested enhancements. ‘ You will have to pay a
network or blockchain fee to transfer crypto from PayPal to an external wallet,
but there are no other fees.

Here’s how to send money from PayPal to a crypto wallet:

1. Log into PayPal and choose the cryptocurrency you want to transfer
2. Click the transfer symbol and click ‘send’
3. Enter the wallet address you wish to send the money to (you can scan a
QR code or enter the long wallet address yourself)
4. Confirm the transfer.
Can I buy other cryptocurrencies on PayPal?
PayPal offers five digital currencies in total. Bitcoin is the most popular, but
you can buy Ethereum on PayPal, as well as Litecoin and Bitcoin Cash.

PayPal also has its own stablecoin, ‘PayPal USD’ (PYUSD), where 1 PYUSD
equals 1 US Dollar. It’s mainly used to swap between the other crypto assets
available on PayPal, but you can buy it simply by owning it yourself if you
want.

Can I use PayPal credit to buy Bitcoin on PayPal?

No, you can’t use PayPal credit or your credit card to buy Bitcoin on the PayPal
app.

You can only buy crypto on the app using your PayPal balance, bank account,
and debit card. While it might be possible through an exchange, verify this
with the specific platform. Not all crypto exchanges that accept PayPal allow
crypto purchases on credit.

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Which is better: buying Bitcoin with PayPal or
buying on cryptocurrency exchanges?
A cryptocurrency exchange is almost always the better option for purchasing
crypto assets. It’s cheaper, and there are more ways to pay.

Buying crypto through PayPal itself is a valid option for beginners, as it’s a
user-friendly way to buy your first coins. For all its many strengths when it
comes to fiat currency, PayPal is severely limited as a crypto exchange, and
you have to perform a full ID check and answer questions about your tax
status to be allowed to make a purchase – so it’s not possible to buy Bitcoin
or any cryptocurrency with no identification on PayPal.

There are no analysis tools available on PayPal and no means of swapping

between cryptocurrencies. You can’t use another crypto, like ETH, to buy BTC,
or vice-versa. Similarly, its Bitcoin wallet is much less secure than any
standard crypto wallet where you keep control of your own private keys.

Find your broker

FAQs
01
Why is PayPal getting involved in cryptocurrency trading?
According to Dan Schulman, PayPal President and CEO, it’s because they have
the expertise, the opportunity, and the responsibility to shape how people
interact with crypto. PayPal wants to benefit from crypto’s popularity in terms
of attracting new users, but also wants an input into future regulation of the
industry as well.

02
Can I buy BTC with PayPal without verification?
No, you must pass an identification and verification check before you can use
PayPal to purchase Bitcoin. This is because PayPal conforms to KYC (Know
Your Customer) regulations, and you aren’t able to complete a transaction
without going through the check.

03
Can I store BTC in my PayPal account?
Yes, you can keep crypto in your PayPal account. You can also send and
receive crypto from this account if you’re based in the US. However, this
functionality is not available to users outside the US at the moment.

04

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04
Can I buy Bitcoin with PayPal in the EU?
You can only buy Bitcoin with PayPal in the UK and US at the moment. It has
not rolled out its cryptocurrency service to PayPal users in EU countries yet.

However, you can use PayPal to buy digital currency through other crypto
exchanges. Many, like Binance and eToro, accept deposits via PayPal so you
can fund your account and then use the money to purchase cryptocurrency
that way.

05
Can I pay with crypto using PayPal?
No, you can’t make any crypto transactions through PayPal at the moment. It’s
purely a crypto exchange where you can buy or sell Bitcoin, or three other
cryptocurrencies.

You can withdraw money from your PayPal account to a crypto wallet and
then spend it from there, although that may end up being quite expensive, as
you have to pay to transfer Bitcoin to a personal wallet.

06
Can you buy Bitcoin with the PayPal app?
Yes, the PayPal app has the same functionality as its website. Go to the
‘crypto’ section when you’re logged in and choose the coin you want to buy in
order to make a purchase.

07
Why don’t all exchanges accept PayPal?
PayPal charges a fee to use it as a payment portal. The fees can be relatively
high and that puts some services off from offering it as a payment method.
That’s also why you are often charged a higher fee for making payments with
PayPal than a regular debit card or bank transfer.

08
Does Coinbase accept PayPal?
Yes, but for US customers only. Coinbase users from outside the US can’t use
PayPal to fund their crypto account at the moment.

09
Does Binance accept PayPal?
No, Binance has removed PayPal as a payment method and so you aren’t able
to use it to fund your account.

10

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10
Can I buy crypto with PayPal Credit?
Yes, you can buy crypto with PayPal Credit if the exchange you are using
accepts PayPal as a payment method. Not all platforms support PayPal
Credit, though.

If you’re buying crypto on PayPal app, you can’t use PayPal credit or your
credit card. You can only use your PayPal balance, bank, and debit card to buy
crypto on the PayPal app.

11
How can I buy Bitcoin on PayPal and send it to an external wallet?
Buying Bitcoin on PayPal to send to an external wallet is not currently
supported. PayPal does not allow the transfer of cryptocurrencies to external
wallets.

More ways to buy cryptocurrency

How to buy Bitcoin with Neteller 2025

How to buy Bitcoin with Netspend card 2025
How to buy Bitcoin with Open Banking 2025
How to buy Bitcoin with Payeer 2025
How to buy Bitcoin with Payoneer 2025
View more
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Sources & references
Our editors fact-check all content to ensure compliance with our strict editorial policy. The
information in this article is supported by the following reliable sources.

1. https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-
Users-to-Buy-Hold-and-Sell-Cryptocurrency
2. https://help.coinbase.com/en/coinbase/getting-started/add-a-payment-method/paypal-faq
3. https://bitflyer.com/en-eu/faq/500-3
4. https://www.binance.com/en/support/faq/2f1d9f5f360a45c38b81413f722afa22
5. https://www.etoro.com/crypto/how-to-buy-bitcoin-with-paypal/
6. https://www.paypal.com/uk/webapps/mpp/crypto
7. https://newsroom.paypal-corp.com/2022-06-07-PayPal-Users-Can-Now-Transfer-Send-and-
Receive-Bitcoin-Ethereum-Bitcoin-Cash-and-Litecoin
8. https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-
Users-to-Buy-Hold-and-Sell-Cryptocurrency
9. https://www.paypal.com/uk/cshelp/article/how-do-i-buy-cryptocurrency-on-paypal-help567

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