Wikitoro author Mike Druttman
Written by Mike Druttman
Wikitoro reviewer Nadav Zelver
Reviewed by Nadav Zelver

To buy Bitcoin with PayPal on eToro, start by depositing funds using PayPal as your payment method. Once the deposit clears, head to Bitcoin and place your order. Take note that PayPal isn’t available in every country, so check your region’s payment options before you begin.

 

Check If PayPal’s Even on the Menu

Before you start transferring funds, take a quick look at your payment options. If PayPal doesn’t show up under “Deposit Methods,” you’re likely dealing with a regional block.

Funding eToro account with PayPal
Funding eToro account with PayPal

Some countries have restrictions that prevent PayPal from being used on eToro. No PayPal option? That’s probably why.

 

Using PayPal to Buy Bitcoin on eToro

Want to use PayPal to buy Bitcoin on eToro? Good news: it's quick and painless if you know what buttons to press.

Here’s what the process looks like, step by step:

 

1. Set up and verify your eToro account

Head over to etoro.com and create an account. Before you can deposit anything, eToro needs to verify who you are. That means uploading a valid ID and proof of address. No shortcuts here as it’s mandatory.

 

2. Add funds via PayPal

Once you’re verified:

  • Hit “Deposit Funds”
  • Choose PayPal from the list
  • Enter how much you want to deposit and log in to PayPal to confirm

When done right, the funds should land in your eToro account almost instantly.

 

3. Buy Bitcoin (BTC)

Now comes the fun part.

  • Type “Bitcoin” or “BTC” in the search bar
  • Click “Trade”
  • Enter your amount and hit the buy button
Buying Bitcoin via eToro's platform
Buying Bitcoin via eToro's platform

Your Bitcoin will show up in your portfolio. Technically, it’s exposure to BTC, unless you move it to the eToro Money crypto wallet. That’s where you get full ownership and can transfer it out.

 

What I liked about using PayPal to fund my eToro account was the speed. I don’t use credit cards much, and linking a bank takes days. PayPal? A few clicks and you’re good. It’s a clean fit if you already keep funds in a digital wallet and want to grab Bitcoin without jumping through hoops.

 

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mik...

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