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How to Buy Bitcoin on PayPalYou can buy and sell in seconds and use the sales in your PayPal balance to fund transactions. To sell Cryptocurrency with PayPal on the app: Tap Finances. Buying Bitcoin with PayPal instantly is now possible on Paxful's peer-to-peer marketplace. You can find several offers that accept PayPal as the preferred. Investors can buy Bitcoin through the PayPal website or smartphone app. Once they've logged in or created an account, start by selecting Crypto.