5 Methods to Buy Bitcoin With PayPal Instantly in 2018

Last updated on April 30th, 2018 at 02:58 pm

Buy Bitcoin with PayPal – step by step tutorial

Note: If you’re looking to buy Bitcoin with PayPal or a credit card for trading purposes only check out Plus500  or AvaTrade Bitcoin CFD trading. Keep in mind that when trading CFDs your capital is at risk.

One of the biggest issues today in Bitcoin is the fact that you can’t buy it very easily. Even though PayPal has been very favorable of Bitcoin in the past 4 years, it’s still an issue to find credible places to buy Bitcoins with PayPal in 2018.

Why won’t PayPal allow this ? Simple. There are numerous chargeback cases created by scammers who buy Bitcoin with PayPal from you and then claim they didn’t receive anything. This way they get to keep their money and their Bitcoins (here’s a short video illustrating this).

Post summary:

  1. Go to Virwox
  2. Deposit money to your account with PayPal
  3. Buy SLL on the SLL/USD exchange
  4. Buy Bitcoins with your newly purchased SLL on the SLL/BTC exchange
  5. Withdraw your Bitcoins

And now for a more detailed explanation and some additional options…

  • Bitcoin exchanges

  • Exchange rate
  • Fees
  • Buying Limits
  • Available worldwide?
  • Reputation
  • Support
  • Additional info
  • Virwox

  • virwox
  • Average
  • High
  • The limits change according to your account level€400/day
  • click this link to see what countries are availableYes
  • This company has been operating for over 4 years but has been reported to cause issues on several occasionsAverage
  • Support takes up to 48 hours to respond and is usually briefAverage
  • Click to read
  • Local Bitcoins

  • local bitcoins
  • Sellers tend to use a higher exchange rate to compensate for the risk they are takingHigh
  • Low
  • Each seller has different limitations depending on your reputation and his resroucesDepends on seller
  • Yes
  • This company is well known throughout the Bitcoin communityGood
  • Average
  • Click to read
  • Wirex

  • wirex
  • The exchange rate on the site is around 2% higher than other exchangesHigh
  • Low
  • Unclear
  • Limited to Europe
  • Average
  • Good
  • Click to read
  • Paxful

  • paxful
  • Sellers tend to use a higher exchange rate to compensate for the risk they are takingHigh
  • Low
  • Depends on seller
  • Yes
  • Average
  • Good
  • Click to read

Buy Bitcoins with PayPal through eToro

Pros: Relatively low fees, variety of payment methods accepted

Cons: You don’t actually own the Bitcoins, not available in the US

The easiest way to buy Bitcoin with PayPal if you’re only looking to profit from Bitcoin’s price swings would be through eToro. The platform will allow you to buy Bitcoins with PayPal but you will not be able to withdraw them or send them to other people – you will only be able to sell them for fiat currency (i.e. Dollars, Euros, etc.). This method is only valid if you live outside of the US.

So if you’re only looking to profit from price swings and don’t require the actual Bitcoins this is probably the easiest and cheapest way to go. If however, you need the actual Bitcoins to buy stuff or send them to another person, keep on reading.

IMPORTANT! If you use eToro you don’t actually need a Bitcoin wallet as they don’t supply you the actual coins. Also, Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. So keep in mind that your capital is at risk.

Buy Bitcoins with PayPal through Virwox

Pros: A reliable method that has been around for a long time.

Cons: High fees

Now since no exchange currently allows a way around the charge back issues of buying Bitcoins with PayPal we are going to have to go through Virwox – The Virtual World Exchange. We will use a virtual currency called SLL (Second Life Linden Dollars), This currency is used for one of the biggest virtual worlds today – Second Life.

After buying this currency with PayPal (which is acceptable) we will then trade it to Bitcoins. My guess is that Virwox is able to do this method since they are not directly selling you Bitcoins with PayPal but rather selling you SLL with PayPal which they can prove if you received (unlike Bitcoin since it’s anonymous in nature).

Things you should know about Virwox before we get started:

  • Because of chargeback risk Virwox is taking on themselves they are limiting the amount you can deposit initially through PayPal or a credit card, here are the exact limits according to their website from April 29th 2018.

Virwox fees

  • This process holds more transaction fees than usual. This may still be a valid solution since the soaring numbers of BTC compensate for this. It’s important for you to be aware of the different transaction fees.
  • Virwox is delaying new user transactions for up to 48 hours. This means that it can take you 2 days to complete this process (still way faster than using a wire transfer).
  • If you still don’t receive the Bitcoins after 48 hours (which is very unusual) you can contact Virwox at [email protected]

1. Go to Virwox.

Virwox is an exchange of virtual currency, you can buy there Lindens, Bitcoins, and more. It has more than 400,000 registered users and is a Second Life Lindens authorized reseller.

2. Open a free account

Click on the “not registered yet”  on the top of the left sidebar to open up a new account as shown here: buy Bitcoin with paypal - open account

3. Fill out our personal details

Fill out your username and email address. Where it asks for “avatar name” just leave it at “No Avatar”,  it  doesn’t matter, since you’re not going to play Second Life. buy Bitcoin with Paypal - fill details

Continue filling out all of the personal details and click “register”.

4. Activate your account

Once you clicked “register” you will get an email confirmation with your password. Open the email, copy the password and log back into Virwox.

5. IMPORTANT!!! Change your password!

After clicking the confirmation link it is advised you change you password as shown below since you will be transferring money through this site.

buy Bitcoins with Paypal - change password Do not worry about the message saying “Your avatar connection has not been validated yet” – it is irrelevant.

6. Fund your account through PayPal

Click on deposit on the left side and choose PayPal Express. Fund the account with how many USD you’d like.
Fund account with Paypal

Note: From now on for each transaction you will make there will be a fee – make sure you are aware of the relevant deposit and withdrawal fees.

7. Buy SLL with USD

Go to Exchange->USD/SLL on the left side. You can also go to any other currency you’d like. Buy SLL (which mean Second Life Lindens) . We will later on exchange these SLL to Bitcoins.

USD/SLL exchange Bitcoin Note: If you haven’t made a deposit yet you will get the screen shown above requesting you to deposit before you buy SLL.

8. Buy BTC with SLL

Once you have SLL in your account, go to the BTC/SLL and buy Bitcoins with your SLL.

Buy Bitcoins with SSL

Sometimes a manual review will be required by Virwox after this step. This can take up to 48 hours but usually takes around 6 hours.


9. Withdraw your Bitcoins

Choose “Withdraw” on the left side and send the Bitcoins to your wallet.

How to withdraw Bitcoins

Will this method actually work?

Probably yes. I’m saying probably because I have received a handful of emails from people who weren’t able to get their Bitcoins. having said that, from all of the people who didn’t get their coins I haven’t gotten one email stating their money wasn’t returned to them. So yes, the process is a bit irritating but I have been using this method since 2013 and it hasn’t failed me yet.

How much fees will be deducted from my deposit?

This is probably the second most asked question I get. It’s important to understand that when you buy Bitcoins through Virwox you are actually conducting two transactions. USD to SLL and SLL to BTC. This means you’ll need to pay a fee for each of these transactions.

The problem is that Virwox’s fee structure is always changing that is why I advise to check each case in person before proceeding.  There is a pretty cool site which shows you the current BTC/USD rate after all of Virwox’s fees. I’m not sure how reliable the site is but you can check it out for yourself here.

Are there any other methods to buy Bitcoin with Paypal other than Virowx?

Yes. However Virwox has been around for the longest time and therefore is the most reliable. If you continue reading this post I will cover 4 more methods that you can use but each of them has its pros and cons.

Buy Bitcoins with PayPal through Local Bitcoins

Pros: Wide variety of sellers from around the world

Cons: High fees, the chance of scam

If you’re still looking for additional ways you can take a look at LocalBitcoins and try to find sellers that perhaps will be willing to sell you Bitcoin with PayPal.

Local Bitcoins, unlike Virwox is a marketplace where buyers and sellers meet. If you use this option you’ll be dealing with an actual person which means that credibility also comes into play. The way you can use Local Bitcoins to buy Bitcoins with PayPal is by finding a person that is willing to sell them to you. But since the seller is taking a big risk (as I explained at the beginning of this post) the will usually charge a really big premium (most of the times this will be more expensive than Virwox). The upside is that you will usually get your Bitcoins faster.

1. Enter your search parameters

The first step will be to go to Local Bitcoins and enter how much you want to buy and from which country. Since Local Bitcoins was originally made for people to meet face to face there is no “worldwide” search which is a shame. This means that there is no way to see all of the people who are willing to sell you will PaPal worldwide other than going through each country one at a time. Local Bitcoins search

2. Choose your seller

On the next screen you’ll see a list of available sellers, you can now browse them one by one. Here are the things to take into account: seller profileFeedback score – Located under the seller’s name. It’s advised to conduct transactions only with high feedback sellers.

Trade limits – Each seller has a minimum / maximum amount of Bitcoins he’s willing to trade.

Payment window – How much time you have for paying the purchase and marking the payment done after you initiate a trade. It’s also super important to read the terms of trade for the specific seller located on the right side. Here’s an example:

terms of trade local bitcoins Some sellers will require you have an initial reputation in order to buy from them so they can avoid scams or fraud. This means that you will perhaps have to conduct some small transactions just to get reputation.

3. Complete the trade

Once you’ve found your seller just enter how much you will to buy and click on “Send trade request”. trade request
Keep in mind that it’s crucial to conduct all communications within Local Bitcoins and preferably use their Escrow services (which are triggered automatically for all online sales).  This method is faster the Virwox but it can take you a lot of time to gain enough reputation, find your seller and also the premiums are really high (around %30 and more…).

Buy Bitcoin with Paypal through Wirex

Pros: Medium fees

Cons: Requires a long time to complete (around 10 days)

Wirex is a company that supplies virtual and physical Bitcoin debit cards. Since it’s just like any other debit card you can useWirex’s card with your PayPal account. In order to buy Bitcoins with your Wirex debit card here’s what you’ll need to do:

1.Order a physical / virtual debit card from Wirex

Go to Wirex. Click on “request new card” and choose the type of card you want. It’s possible to buy Bitcoins with PayPal through both cards (physical and virtual).

ecoin request card

A Virtual card should cost around $3 and will be enough for this process.

2. Connect that debit card to your PayPal account and verify it

Inside your PayPal account, go to “Wallet” -> “Add a card” and add your newly acquired virtual Bitcoin credit card.

add paypal card

One the card is added you will need to verify it. In order to verify the card you’ll need to have a balance of at least $3 on it so that PayPal will be able to charge you. Once PayPal charges you, you will see a 4 digit code next to that transaction on your Wirex account. That 4 digit code in the verification pin for your card on PayPal.

4 digit paypal code

3. Deposit funds to your PayPal account

I’ll assume you know how to do that :)

4. Withdraw funds from your PayPal account to your Wirex account

Go to “Wallet” -> “Withdraw funds” and choose the “withdraw funds to your card” option.

Paypal withdraw

Make sure to choose your Wirex card. The withdrawal can take up to 7 days to appear in your Wirex account.

5. Buy Bitcoins with your funded Wirex debit card

Now that your Wirex card has funds in it, you can use them to buy Bitcoins.

buy bitcoins ecoin

The whole process can take some time as verifying your Wirex card with PayPal takes some time and withdrawing the funds can take up to 7 business days depending on where you live.

Buy Bitcoins with PayPal through Paxful

Pros: Wide variety of sellers from around the world

Cons: High exchange rate, the chance of getting scammed

Paxful is the smaller less known version of LocalBitcoins. It’s a peer to peer marketplace that allows you to buy Bitcoins with almost anything (e.g. Skype credits, Amazon gift cards). The process of buying Bitcoins at Paxful is pretty simple:

  1. Create an account
  2. Choose a payment method for buying and the desired amount
  3. Choose your seller – You can either choose manually or let Paxful decide who is the best seller for you.

Once the trade initiates you will be sent in to an online chat with the seller where you can finalize the deal. The seller’s Bitcoins will be sent into Escrow and once you mark that you’ve sent your payment they will be released into your account. Keep in mind that if you don’t finalize the deal within a certain timeframe (usually 30 minutes) the deal will be auto-cancelled.

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  1. Hesham Ezaby on

    Hey, i know Virwox is Paypal verified. but i hear from people that if you trade much SLL linden dollars for paypal USD then paypal will close my account, because they might think that i got those SLL from bitcoins exchange. is it true???

  2. pashaseverin on

    I wander, somebody played with x-crypto.com giving bitcoins with receiving funds by pay-pal? This web portal promises enormous offer price – €10010 for B coin; Can anybody confide this website?

    • Hi Pasha,

      This is an interesting one, considering the very high prices. Do keep in mind that selling for PayPal is risky however, for reasons covered at the start of this guide.

      I checked the site out and searched for reviews but unfortunately haven’t come up with a conclusive answer for you.

      I will say that the site seems a little sketchy. However, it’s been operating since at least January of 2016, according to this thread:


      You’ll note that no one has confirmed the site one way or another since then. I think this means that not many people are using it…

      If you’re curious, then try selling a small amount. If that works, try a slightly larger amount, scaling up each time. Even if that works ok, I still wouldn’t be happy trusting the site with significant value.

      If you decide to test the site, at your own risk, then please let us know about the results. Or perhaps Ofir will see this comment and try the site himself. If it works out, maybe it will be added to the methods in this guide.

      • I have been using it for more than 2 months, without problems. selling some btc at a really high rate and getting my money through paypal. No refunds problems. they take about 8-10 days to complete de whole withdraw and the limit right now is USD 1,100 per withdraw.
        **referral link removed**

        • Steven Hay on

          Hey Facu,

          Sounds good but please don’t use referral links. They make people think twice about your recommendation, like maybe you’re just saying that to get the referral money. Anyway, I will recommend this site be investigated.

  3. hi Steven sound fair what you said and sorry for late reply .. i will be honest with u… i am the developer i posted there to see what black hat has a test … i am a computer scientist .. i also used to do seo before .. the website does exactly what i said and you can do bitcoin scam test. you just need to follow website rules. i am an on line seller also and i was using other platforms to exchange money etc so i decided to create my own its true it in initial stages, also graphics etc are being finished, more functionalities and more gateways and improved ui will be added soon .. i need has much help has i can to develop this service and i am willing to help also.
    i am not a company i am computer scientist, co developer of eeewallet.com
    you can do bitcoin scam test just follow website rules and read faq please. has you know this is a risky business and requires measures to protect me and other users from scammers. you know the only way you are protected to receive payments online and witch payment scammers use to scam other business. having this is mind i just protect myself from misuse of the system especially from new accounts.
    you can do bitcoin test whenever you like and like i said willing to help all this community to provide a good service and to improve it based on customers need and feedback. if you are willing to test it please do. like i said i am developing the system and can adapt it also in future releases. at the moment is already very good and fully functional to be used . thanks

    • Hi Alt,

      Well, what I suggest is that you run the site through our Scam Test page yourself (I linked to it in my previous comment). That way you’ll see where the problem areas are and you can take action to improve on those areas. I wish you good luck with your project.

  4. hi,

    i found the best system yet.. if someone has a better system please tell me.
    no verification

    your own
    wallet in 6 currencies including bitcoin and ethereum .
    free webshop low sales fees
    merchant 1.5% fee
    insternal transference fee 1.5%
    can create bank account
    can create visa or master card
    create voucher to offer or transfer money internationally
    can accept payment in eeewallet cash, paypal, bitcoin, banks eu and other 200+, credit card,perfect money, exmo, payeer, advcash … basically any type you want they accept and withdraw using the same. deposit and withdraw fees are are low
    cool admin panel where you can access you shop and see stats sales etc.

    pssst pssst just for us it cheaper to create vouchers and pay with them no commission … i think they did not see it yet lol

    if you find something better please tell me.

    ***Link Removed***



    • Hi Alt,

      Well, it *sounds* good but please don’t paste it as a link. If you tell me the name of the company I’ll search it and check it out. If’s legit and as good as you say, then it sounds like it would have a place in this guide.

      Update: found the link you posted. Also found your post on blackhatprotools.net talking about how you’re promoting the site… The venue and the fact that you’re spamming the site here (and a couple of other sites I found) doesn’t inspire a lot of confidence…

      The site provides zero info on who’s behind it and I’m pretty sure it was registered recently. If I was to run this through the Bitcoin Scam Test, I reckon a lot more red flags would come up…


      Hard to recommend your site for now. Got any more info on the company / people behind it?

      • Zsofia Elek on

        Hi TigerSun, we do not approve links in the comments section to avoid promoting businesses. Please also check out Steven’s answer in the topic.

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