Cryptocurrency Q&A
How do I buy Bitcoin using PayPal & Coinbase?
How do I buy Bitcoin using PayPal & Coinbase?
CharmedVoyager
Sun Jul 14 2024
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7 answers
1358
I'm interested in purchasing Bitcoin, but I'm a bit unsure of the process. Could you walk me through how I can use PayPal and Coinbase to make this purchase? I've heard about the two platforms but I'm not entirely sure how they work together. I'd like to understand the steps involved, from linking my PayPal account to Coinbase, to actually purchasing the Bitcoin and storing it securely. Additionally, are there any fees or limitations I should be aware of? Your guidance would be greatly appreciated.
7 answers
BusanBeautyBlooming
Mon Jul 15 2024
Once your PayPal and Coinbase accounts are successfully linked, you are now ready to make purchases. Simply go back to the Coinbase homepage and select the "Buy & Sell" option at the top.
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Giulia
Mon Jul 15 2024
In the "Buy & Sell" section, you will be presented with a window that allows you to choose the cryptocurrency you wish to buy. For example, select "Bitcoin" from the list of available cryptocurrencies.
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JejuSunrise
Mon Jul 15 2024
To commence the process, navigate to the "Settings" section of your Coinbase account.
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DaeguDivaDanceQueenElegance
Mon Jul 15 2024
From the "Settings" page, select "Payment Methods." This will take you to a list of your current payment methods and the option to add new ones.
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CryptoEmpire
Mon Jul 15 2024
Next, specify the quantity of Bitcoin you would like to purchase. Coinbase will provide you with the current market price and the total cost of your purchase.
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