Have you ever wondered why the platforms of cryptocurrencies, they do not let you buying bitcoins, or another crypto, with Paypal? Well, here we explain the reasons why this apparently simple procedure is not usually available.

Qyou may be wondering if today is possible buy bitcoins through Paypal. Well, the short answer to this question is No.. And is that, first of all, Paypal does not allow the direct purchase of any cryptocurrency. On the other hand, those who try to offer the service end up ruined, constantly appearing platforms that offer to be able to buy cryptocurrencies through Paypal but they are scams.

But why is it practically impossible to buy Bitcoin with Paypal?

For this, it is important to remember how Paypal differs from Bitcoin. Let's start with Paypal.

Surely you already know that, Paypal is a payment system It is used through the Internet, and works as an alternative to send or receive fiduciary money (euros, dollars, ...) in a simpler way than with traditional banks. But the most important thing is that Paypal is centralized. What does this mean?

Paypal has a Customer Service It is intended for the processing of complaints and claims made by users of the system. This allows that in the event of any irregularity, breach of agreement or fraud, the appropriate actions are taken to protect the user.

For its part, Bitcoin is a system, a protocol and a cryptocurrency itself. That is, Bitcoin is an exclusively digital asset that works like cash and has a fully autonomous and decentralized system. So in Bitcoin, each person is responsible for the security of their funds. Therefore, in this system it is not possible to cancel the transactions once they have been carried out. Thus, in the event of any breach, the only possibility that a user can recover the coins sent in a transaction, is that the receiving user wants to make the return.

Now that you understand the most important aspect, the irreversibility of transactions, you will be able to understand the problem.

A platform that offers the purchase of bitcoins through Paypal is exposed to the possibility of being scammed, being a victim of fraud. This is because with Paypal, there may be the risk that a user who makes a purchase of bitcoins through their system, may later claim that they never received what was agreed by the other user. And so request a refund process of the money you canceled, known as chargeback.

But Bitcoin, by operating as cash, cannot be tracked. So Paypal would have no way of verifying if users complied with what was agreed between them or not. So generally, it would be inclined to support the party that made the claim, considering that it is who is right. Thus the user who claimed would have the possibility of keeping both the purchased bitcoins that were sent to him, as well as the purchase money that will be returned to his account.

Moreover, Paypal accounts can be closed without notice, and the money available in them can be frozen, if a user is considered to have violated any policy of this company. Something that, as we know, does not happen with Bitcoin.

Due to these issues, the vast majority of cryptocurrency platforms do not allow direct purchase of cryptocurrencies such as Bitcoin through Paypal. And the ones that do offer it are often websites designed to trick novice users.

If you were a cryptocurrency platform, would you run the risk of scam and bankruptcy by selling cryptocurrencies through Paypal?

Options to buy Bitcoin safely

Now that you know why What is it So complicated, or almost impossible, to buy Bitcoin through a Paypal account, we want to show you other alternatives that you CAN use to buy bitcoins safely, quickly and easily.

The service we recommend is Bit2Me. In Bit2Me you can do the purchase o sale of bitcoins without any risk and quickly and easily. Also, from anywhere in the world.

You can pay by credit / debit / prepaid VISA / Mastercard, bank transfer, or even cash. All this in a few clicks, without the need to leave the house with maximum protection. Buy here ????:

BUY BITCOIN BY CLICKING HERE

Why use Bit2Me to buy Bitcoin?

Through the Bit2Me platform you can buy and sell your bitcoins easily and without the need for intermediaries. Also, you can exchange your cryptocurrencies to fiat money or vice versa in just a second, pressing a button. But not only that:

  1. All in one wallet: Wallet where to buy, sell, exchange, receive, store, send and pay with cryptocurrencies to friends around the world, ALL in the same place.
  2. Comfort: You can choose the payment method that best suits you. With this you can carry out your operations to buy or sell bitcoins and other cryptocurrencies.
  3. 24/7 service and support: At Bit2Me we have a specialized team to answer your questions, complaints or concerns. Whether they are about the own services we offer on our platform, or even about the Bitcoin system. We guarantee immediate attention 24 hours a day, 365 days a year, even if you are not a registered Bit2Me user.
  4. Transparency: On our portal you can find all the information regarding our company. About Us, where our physical offices, contact numbers, founder and technical team are located.
  5. International recognition: Thanks to our effort and dedication, we have established ourselves as a leading company in the cryptocurrency market, receiving awards and recognitions such as best Spanish startup for the purchase and sale of cryptocurrencies.
  6. Bit2Me Academy and Bitcoin Guide: At Bit2Me we have the section Bit2Me Academy where we cover and help you to understand in an easy and simple way all the topics related to Bitcoin and cryptocurrencies. Here you can learn about various topics with high-quality articles and courses aimed especially at users who are just starting out in the world of cryptocurrencies. In addition, we have the Bitcoin Guide more complete in Spanish. And you can access it and all the posts for free and at no cost.
  7. Explorer: Explorer blockchain integrated, so you can analyze the status of transactions.
  8. Thousands of users: Every day our community grows, and more and more users from all over the world join our platform.