It is one of the hardest & most time-consuming payment methods for purchasing Bitcoins. PayPal is an online payment system that supports online money transfer. It serves as an electronic alternative to traditional paper methods like checks & money order.
But, you can’t buy Bitcoins directly through PayPal. It is mainly due to the underlying PayPal’s terms & conditions.
However, there are a few hacks to get around this. Users can buy other digital items with PayPal & then sell those items to receive Bitcoins. In this method, your fees to buy Bitcoins can be over 12%.
Some of the best places to buy Bitcoins with PayPal include VirWox, Paxful, LocalBitcoins, Wirex, & many more.
You just need to look the availability of the PayPal buying option in your region as well as maximum buying limit allowed per user. Thus, it will be best method as far as small amount of Bitcoins are concerned.
(7) Bitcoin Voucher Cards/Gift Cards
It is one of the most interesting payment methods for purchasing Bitcoins. Bitcoin Gift Card, also known as Bitcoin gift certificate or Bitcoin gift token or Bitcoin gift voucher, is a card or a piece of paper that is worth a certain Bitcoin value. These are often issued by a retailer or a Bitcoin exchange to be used as an alternative to cash.
Some of the best providers of Bitcoin voucher card issuers include Australian Post Office, House of Nakamoto, Azteco London & many more.
These voucher cards look very much similar to traditional gift cards. These can be redeemed online to accumulate Bitcoins in your Bitcoin wallets.
Bitcoin gift card holders can also use them to make purchases within a particular store or related businesses. However, these cards are suitable to make small purchases only.
- Payment Methods To Buy Bitcoins: Shutterstock