The name Ethereum is spreading very rapidly all across the globe.
And the amazing things Ethereum can do is simply amazing.
With the growing demand, many people are trying to purchase it and are investing in Ethereum.
And why not, Ethereum has become one of top blockchain based platform, and that too in just the matter of a few years.
With PayPal being one of the top platforms for payment methods for a long time.
Many of the people wish to buy Ethereum with PayPal.
Purchasing Ethereum with Paypal was not possible before.
But, there are two websites at present with which it is possible to Buy Ethereum using Paypal.
And in the next few months, other digital currency trading sites might adapt to Paypal too.
Buying Ethereum with Paypal is only possible for people who are living in the US.
If you are from another country this doesn’t mean you cannot buy Ethereum using Paypal.
There is an alternative way, But it is somewhat unusual.
The method is quite simple and easy to follow.
But before, let’s know a bit more about What is Ethereum, what are tokens and what is Ether.
Because this will be beneficial for you while you purchase Ethereum.
What is Ethereum
Ethereum is a blockchain based decentralized platform for smart contracts.
Meaning, you can write your own contract in order to create your software, run the application and execute in any language.
There are more benefits of using Ethereum.
But, let’s not go too deep.
What are tokens
Tokens are the name of the cryptocurrencies of their respective blockchains.
Meaning, each blockchain network has their own token with their own name.
Ether or ETH is the token name of Ethereum and respectively.
BTC is the token name of bitcoin.
What is Ether or ETH
As I mentioned above that Ether is the token name of Ethereum.
And tokens are cryptocurrencies.
So, Ether becomes the digital currency name of Ethereum.
How to Buy Ethereum with Paypal
As I’ve mentioned above in this post that, there are two websites at present which allows users to purchase Ethereum with Paypal.
The two websites are:
In order to Buy Ethereum with Paypal just follow the below steps.
- Login to Coinbase or Gemini, if you are not registered then, register with anyone of the websites first.
- Select Ethereum as your currency on your dashboard.
- Now enter the amount you want to invest in Ethereum.
- Proceed further and select Paypal as your payment option.
- Check all the details and confirm your order.
- Click on the buy button to purchase Ethereum.
That’s it, it is easy isn’t it.
How to buy Ethereum with Paypal if you are from another country
The only option for you is to buy Ethereum with Paypal is by purchasing bitcoins.
There are a number of digital wallets who accept Paypal to purchase bitcoins.
All you’ve got to do is create a digital wallet in one of those websites.
Then buy bitcoins with PayPal.
And then use those bitcoins to buy Ethereum.
Once it’s done you can store the Ethereum in the same wallet.
So, there is nothing much to lose and it will not be costly at all.
If you are from the US then, it’s possible for you to Buy Ethereum with Paypal.
If you’re from another country then, the only possible way at the very moment, is to proceed with buying bitcoins from digital wallet websites and then purchasing Ethereum with bitcoins.