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PayPal for Crypto Deposits – See Top 25 Sites

Paypal logo
Paypal has been established as one of the best deposit methods for crypto, especially since it doesn’t require holders to convert their currencies when making payments. Setting up an account on the payment method is easy; you just need an email and some basic information.

While Paypal only offer U.S customers to buy and sell crypto, in Europe and Asia – it’s mainly seen as a deposit method. Get started with this deposit method and purchase cryptocurrencies with your mobile or desktop device. You will usually be able to use the e-wallet without paying transaction fees, so you can go ahead and purchase crypto by the click of a button.
There are 13 crypto trading sites supporting PayPal and 12 crypto casinos which support PayPal as deposit method as seen in the toplists below.


Top 12 casinos with support for Paypal

Casimba Casino
A jungle themed casino called Casimba, game your way to the top like Lion King’s Simba!
www.casimba.com
4600+ games

9.25

Vegas Mobile Casino
Bring Vegas to your mobile phone, a new casino to call home!

9.00

Jackpot Mobile Casino
Jackpot Mobile’s as British as a red telephone box. Give it a go, it’ll knock off your socks!
Winomania
Come and play, it’ll knock of your socks. It’s more British than a red telephone box!
www.winomania.co.uk
500+ games

8.60

Rolletto Casino
There’s a crypto casino with 6500 games, wanna go? Let us show you the way to Rolletto!
rolletto.com
6500+ games

9.33

VegasLand Casino
Bet on sports, or play a great hand. You can do it all on VegasLand!
www.vegasland.com
1000+ games

9.17

Spinarium Casino
A brand new Bitcoin casino with 162 different game developers to enjoy along with a great interface.
spinarium.com
6000+ games

7.80

Play Hooley
Will you have the luck of the Irish on Play Hooley? There’s only one way to find out! Come and enjoy a brand new fiat casino!
playhooley.ie
5000+ games

7.30

Mega Casino
From slot games to live roulette, Mega Casino is a worth a bet!
www.megacasino.co.uk
2500+ games

6.60

Lord Ping
Have fiendishly fun fiat gaming with Lord Ping at this royally good real-money casino with a UK license!
www.lordping.co.uk
2000+ games

8.60

Ice 36 Casino
Play slots with an ice cool head and take those winnings back to bed! It’s all possible on the UKs finest Ice 36 casino!
www.ice36.co.uk
1600+ games

8.70

Cricbaba
Don’t get stumped or hitting your own wicket, you can be on Cricbaba on both slots and cricket!
www.thecricbaba.com
4200+ games

9.20

 

Top 13 sites for buying, selling and trading crypto with Paypal

This is the toplist with the best crypto brokers in .This is the toplist with the best sites where you can use Paypal to buy, sell or trade cryptocurrencies. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button. We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.

CEX
One of the best exchanges for global crypto enthusiasts that’s available in most countries.
eToro US
Benefit from the world’s best traders using eToro US’ trade mirroring service. Funds insured and guaranteed by FDIC-regulated banks.
P2B
Deposit with both fiat and a large range of crypto coins and trade today on an up and coming exchange that’s available globally!
Coinbase App
Want to buy and sell cryptocurrencies easily? Coinbase is where you go!
Wirex
Effortlessly exchange 70 traditional and cryptocurrencies in the Wirex app at exclusive OTC and interbank rates.
Bitget
One of the world’s largest cryptocurrency copy trading platforms.
Gate
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
eToro
Discover the worlds’ best social crypto trading site.
AvaTrade
A reliable CFD crypto broker that’s been around for 15 years and is regulated in 5 continents.
Skilling
Skilling offer crypto CFD trading with rapid execution & the lowest spread for BTC and ETH among the CFD brokers.
KuCoin
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
Paxful
Paxful has over 350 different deposit methods to help you get started with crypto investing.
OKX
One of the fastest functioning and hottest up and coming crypto exchanges. Try it and see for yourself!

Above are the best crypto exchanges, platforms and brokers offering funding with Paypal.

Summary

This e-wallet is supported on almost all websites, and this is why lots of people use it for deposits. While personal transfers are free, crypto purchases will come with some transaction fees. That’s why you should only use Paypal as a deposit method for more comprehensive crypto sites, make sure to not buy crypto directly from Paypal.

It is worth noting that PayPal offers an extra layer of security as the crypto exchange will not have access to your credit card information. As the largest banking method on the internet, it has strong security features, including 128-bit SSL encryption for all transactions. It also performs server checks to ensure that customers are transferring funds from browsers that support SSL 3.0 or higher.

Advantage - logo

Advantages

+The exchange will not have direct access to your credit card information.
+Paypal offers high levels of customer protection.
+The funds from your Paypal account will be transferred instantly.
+It’s easy to set up and use.
+Paypal can conveniently be used on mobile devices.

disadvantage logo

Disadvantages

-You may need to pay a fee for currency conversions.
-Paypal is aggressive with account freezes.
-Disputes can lead to delays in the transfers.
-Paypal offers poor customer support.

What is Paypal?

This is an e-wallet that is linked to your bank account or credit card. When making transfers with this deposit method, the funds can be drawn from your bank account, credit card, or PayPal balance. To prevent identity theft, the company automatically encrypts the payment details and ensures that customers use browsers that support SSL 3.0 or newer versions. With this deposit method, you will be able to view all your past transactions, and this will make it easier to manage your funds.

This e-wallet has been noted to be a prime target for phishing attacks. Fortunately, these scams are easy to spot as they often have misspellings and will not direct you to the official PayPal website. To be safe, you should never click links sent to your email and should type the URL directly on your browser.

Which costs can be expected with Paypal?

When funding your crypto exchange account with this e-wallet, you will not need to pay any transaction fees. The cost of the transaction will be covered by the crypto wallet or the recipient of the funds. However, if you need to convert your currencies when making the payment, you will have to pay an exchange rate fee. This will vary depending on your region but ranges from 3.5% to 4.5%. You should note that the crypto exchange may also charge some fees for the deposits.

Transaction speed for Paypal

PayPal transfers are completed instantly, as long as there are no disputes in the transactions. Also, you should ensure that you have sufficient funds in your account to prevent issues in the transfers. Since this payment method has been used for many years, you shouldn’t expect any delays in the transactions.

Paypal Deposits: How to do it?

If your crypto exchange accepts deposits made with this e-wallet, you can follow these general steps to complete the payment:

1. First, you should open your crypto exchange and log into your account.
2. Then you can go to the deposit section and choose fiat payments.
3. In most cases, you will have to pick the P2P option when depositing with this e-wallet.
4. You should then pick the e-wallet from the list of deposit methods.
5. Then you can choose the currency and add the amount you want to pay.
6. Finally, you can confirm the transaction from the payment method.

Which are the main countries where Paypal is used?

In order to use crypto exchanges accepting PayPal, you have to be based in a country where this e-wallet is not restricted. Some of the main places where the banking option is used include the USA, the UK, Germany, Spain, France, India, South Africa, Canada, and Nigeria. A few countries are currently excluded from the service, and they include Afghanistan, Gabon, Ghana, Cameroon, and Libya.

Can you withdraw with Paypal?

You can make withdrawals with this e-wallet, and in this case, you will have to sell your crypto assets at the prevailing prices. You can withdraw the funds using your desktop device, as well as your Android or iPhone device. In this case, you may be required to pay a fee to receive the funds.

How is the reputation of Paypal?

PayPal has developed a reputation for offering high levels of security. Many people complain that the site is quick to ban accounts, but this measure is also meant to eliminate criminals from the platform. A key complaint people have regarding the site is that it offers poor customer support, especially to customers outside the USA.

FAQ
Here are the most frequently asked questions about Paypal. Don’t hesitate to contact Crypto Lists if you have any additional questions.

Is it safe to use Paypal for cryptocurrencies?
Yes, this e-wallet is among the most secure methods you can use to purchase cryptocurrencies. This is because it encrypts all the payment information and prevents crypto exchanges from accessing your credit card information.

How do I set up Paypal?
To create an account on this e-wallet, you will have to add an active email and personal details. You will also need to add a credit card to use the service, and this will require a small refundable fee.

Is Paypal instant?
If speed is your primary concern when choosing payment methods, then you need to use this e-wallet. All payments made with this banking method will reflect in your crypto exchange instantly.

When was Paypal founded?
This company was founded in 1998 in the middle of the internet boom by famous individuals such as Elon Musk and Peter Thiel. Paypal is currently considered the biggest online payment service.

Where is the mother company based?
This company is based in San Jose, California.

Is Paypal stocklisted?
Yes, the company went public in 2002 and is traded on the Nasdaq.

Newsflash
    PayPal release PayPal USD (PYUSD)PayPal release PayPal USD (PYUSD)
    Tuesday, 8 Aug 2023 1:11 pm
    Yesterday, PayPal told the world that Americans can buy their own stablecoin with the short name PYUSD. It's launched by Paxos Trust Company LLC that was founded in 2015. Apart from Paypal USD (PYUSD), they also have Paxos Gold (PAXG) that is a popular hedge against inflation and linked to the price of gold. Finally, Binance USD (BUSD) and their own Pax Dollar (USDP) are two other stablecoins from Paxos Trust Company. What's a bit disappointing with Paypal USD is the very low usage outside of Paypal. Almost 24 hours after the launch, there are only 8 holders outside Paypal. Perhaps Paxos should actually have shown the contract address when they sent out press releases, so people could easily find it? If you like to deposit with Paypal into a crypto casino, there are at least several options...
    Read the full newsflash


    Skilling add Paypal as a Deposit MethodSkilling add Paypal as a Deposit Method
    Sunday, 12 Jun 2022 7:47 am
    Everything is red today, following the downturn on the stock market and increased need for interest rate increases. Skilling (review) has added PayPal as one of its payment methods. This is a widely-available payment method, and its addition to the trading platform is likely to increase transaction activity. With PayPal, traders on the platform will be able to make instant deposits. However, withdrawals will take up to 24 hours to process. Skilling allows its customers to make minimum deposits...
    Read the full newsflash

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