{"id":1045,"date":"2019-02-13T09:43:09","date_gmt":"2019-02-13T01:43:09","guid":{"rendered":"\/\/www.coincola.com\/blog\/?p=1045"},"modified":"2023-11-14T14:44:02","modified_gmt":"2023-11-14T06:44:02","slug":"how-to-buy-bitcoin-online-with-paypal-simple-guide-for-beginners","status":"publish","type":"post","link":"\/blog\/how-to-buy-bitcoin-online-with-paypal-simple-guide-for-beginners\/","title":{"rendered":"How to Buy Bitcoin Online with PayPal: Simple Guide for Beginners"},"content":{"rendered":"
\n
\"buy<\/a><\/figure><\/div>\n\n\n

Peter Thiel<\/a> – who co-founded PayPal with Elon Musk – is a big fan of bitcoin and other cryptocurrencies. He has reportedly invested tens of millions of dollars in various crypto coins to date while starting a fund to let others do the same. <\/p>\n\n\n\n

Unfortunately, Thiel\u2019s original project – PayPal – doesn\u2019t let users buy bitcoin easily. In fact, the service\u2019s proclivity for returning money to customers after they open disputes has made many sellers reluctant to work with the service at all. That\u2019s the bad news. <\/p>\n\n\n\n

The silver lining is that there\u2019s a way to buy bitcoins using PayPal quickly and easily. It\u2019s called CoinCola, and in the section below, we\u2019ll explain what it is and how it works. <\/p>\n\n\n\n\n\n

What is CoinCola and how does it help you buy bitcoin using PayPal? <\/strong><\/h2>\n\n\n\n

CoinCola is a hybrid crypto exchange and OTC marketplace. On the marketplace, sellers make advertisements to trade cryptocurrencies like bitcoin<\/a>, ethereum<\/a> and dash<\/a> for real money. <\/p>\n\n\n\n

Some of these sellers accept PayPal transfers, letting you buy bitcoin that way. Given CoinCola\u2019s extremely low fee – free for buyers, 0.7% for advertising sellers – this is one of the cheapest, fastest, most reliable ways to buy crypto online. <\/p>\n\n\n\n

Here\u2019s how the process works. <\/p>\n\n\n\n

Step 1 – Register and Get Verified<\/h3>\n\n\n\n

1. Start by visiting https:\/\/www.coincola.com<\/a> or https:\/\/www.coincola.app.<\/a><\/p>\n\n\n\n

2. Sign up using the \u201csign up\u201d button, then verify your number by following the prompts. <\/p>\n\n\n\n

\"\"\/<\/a><\/figure>\n\n\n\n

3. Having verified your number, go to the \u201cuser center\u201d section of the website – or the \u201csettings\u201d section of the \u201cme\u201d tab in your app. <\/p>\n\n\n\n

\"\"\/<\/a><\/figure>\n\n\n\n

4. Click \u201cauthentication\u201d or \u201creal name verified\u201d depending on whether you\u2019re using the app or the website.<\/p>\n\n\n\n

5. Upload the necessary documents and data. <\/p>\n\n\n\n

\"\"\/<\/a><\/figure>\n\n\n\n

6. Wait for confirmation that the verification process has been completed. <\/p>\n\n\n\n

Once you\u2019re done with that, you have a verified CoinCola OTC account. Now here\u2019s what you do to make a purchase using PayPal.<\/p>\n\n\n\n

Step 2 – Making a Purchase<\/h3>\n\n\n\n

1. Go to the \u201cOTC\u201d section of the website.<\/p>\n\n\n\n

2. Find a seller that accepts PayPal (look for the corresponding icon) and click \u201cbuy BTC\u201d. <\/p>\n\n\n

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\"\"\/<\/a><\/figure><\/div>\n\n\n

3. Open a trade by entering the amount of BTC you want to buy. Talk to the seller (or read their ad) to find out their payment terms and information. <\/p>\n\n\n

\n
\"\"\/<\/a><\/figure><\/div>\n\n\n

4. Make a PayPal transfer to the address requested. <\/p>\n\n\n\n

5. Click \u201cmark as paid\u201d and receive your bitcoin. <\/p>\n\n\n\n

That\u2019s it. Once you\u2019re done with these steps, you\u2019ll have bought bitcoin using PayPal! <\/p>\n\n\n\n

Is buying bitcoin using PayPal safe?<\/strong><\/h2>\n\n\n
\n
\"buy<\/a><\/figure><\/div>\n\n\n

Buying bitcoin using PayPal isn\u2019t just safe; it\u2019s one of the safest ways to buy any<\/em> crypto coins. The reason is that PayPal transactions are traceable and often reversible. If anything goes wrong, you can either ask the service to give you your money back or help you locate the culprit. <\/p>\n\n\n\n

In fact, many sellers are worried about refund fraud. The reason is that the service is so<\/em> safe for buyers that sellers are sometimes taken advantage of. If you\u2019re concerned about security, don\u2019t be. Between PayPal\u2019s and CoinCola\u2019s verifications, there\u2019s very little that can to you as a buyer. <\/p>\n\n\n\n

Now that you know how to buy bitcoin using PayPal, why not make a CoinCola account and see how the service works for yourself? All you have to do is follow this link and use the instructions on this page. Thanks for reading and good luck! <\/p>\n\n\n\n

About CoinCola<\/strong><\/h2>\n\n\n\n

Founded in 2016, CoinCola is a Hong Kong based company offering both over-the-counter<\/a> cryptocurrency trading and crypto-to-crypto pair trading exchange<\/a>. CoinCola now serves millions of users from over 150 countries with our fast, secure, and reliable trading services. We support BTC, ETH, BCH, LTC, USDT, DASH, and XRP. Visit www.coincola.com<\/a> for more information.  <\/p>\n\n\n\n

Calculating your current Bitcoin holdings? Check out our real-time <\/strong>Crypto Converter<\/strong><\/a> here.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

[:en]A way to buy bitcoins using PayPal quickly and easily on CoinCola, and in the section below, we\u2019ll explain what it is and how it works.[:es]CoinCola es un cripto exchange h\u00edbrido y mercado OTC. Donde los vendedores hacen anuncios para intercambiar criptomonedas tales como Bitcoin, Ethereum y Dash por dinero real.[:]<\/p>\n","protected":false},"author":12,"featured_media":1063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[87],"tags":[58,134],"yoast_head":"\nHow to Buy Bitcoin Online with PayPal: Simple Guide for Beginners - CoinCola Blog<\/title>\n<meta name=\"description\" content=\"Unlock the simplicity of buying Bitcoin with PayPal! 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