Buy Binance Coin (BNB) With PayPal
The Complete Guide For 2022
PayPal is one of the fastest and most secure means through which anyone can make online payments, receive money, and also set up a merchant account. It is a trusted means of transaction that has been serving the world through an easy, internationally connected transfer method. For anyone to use PayPal to buy Binance coins (BNB), you would first need to register a PayPal account. You can visit the PayPal website and sign up.
Once you have filled in the necessary information and your account has been verified, you can then use PayPal as a means of payment to purchase Binance coins. Let’s take a look at some of the platforms that accept PayPal as a method of payment to purchase Binance coins.
Top Three Exchange Platforms To Buy BNB With PayPal
Numerous Platforms can be used to successfully purchase BNB with PayPal. Some of these platforms allow for features that others may not offer. For this reason, you should take into consideration the pros and cons of each platform, as one or two may provide the exact feature you need. For this article, we will talk about three platforms that are tested and trusted by the crypto community:
eToro
eToro is a trading platform available in many countries, examples of which are; Australia, Bangladesh, Austria, Argentina, India, and many more countries. These countries can make use of this platform for trading and purchasing BNB. To buy Binance coins with PayPal from this platform, you would first of all have to create an eToro account. And credentials must be provided before your account can be completely created.
To create an eToro account, you will need to visit the eToro site and provide the requested credentials and information, which must be accurate. Once your account has been created, you will be required to verify your email address and also the account. Your account will be verified once you complete the necessary information needed. After the account has been verified, you will then have to deposit funds into the account. Different payment methods can be used to do this, and one of those methods is PayPal.
Purchasing BNB with PayPal on eToro
With a verified account, find your way to fund your account page. Once there, you will find that upon clicking the payment method tab, you can select PayPal as an option. Select your desired amount and currency, then click continue. Once your selections are verified, you will be directed to the PayPal homepage, where you can log in and verify the payment.
Pros
- It serves as a secure means of sending payments between people, thanks to the measures installed by PayPal.
- It offers an additional support feature, so you can easily communicate with customer care about any issues that may arise.
- The cost of making transactions is relatively low, allowing for a more economical option when buying BNB.
Cons
- It ranks amongst the most popular targets for scams since it is such a popular means of transferring funds.
- It is expensive for international payments.
Binance
Binance is another platform that can use PayPal as a payment method to buy Binance coins. It is popular and reputable for trading crypto and purchasing BNB. To purchase BNB on this site, you will need a verified account that has provided all the requested credentials. Once you have a verified Binance account, you will be able to purchase BNB with PayPal successfully.
Binance makes sure that only people who have verified accounts can use the trading features on the application; if you don’t verify your account, it won’t be able to make trades. The app also tags and ranks merchants based on their successful trades, so new traders can not easily scam people of their investment.
Purchasing BNB with PayPal on Binance
When you have created your Binance account, you will log into the account and select PayPal as a payment method to purchase your Binance coin. Once that is done, you can now use PayPal as your means of buying your Binance coin.
Pros
- It offers a very mobile-friendly payment solution that is accessible, fast, and easy to operate.
- It has a multichannel sales feature.
- It offers very strong invoicing features also.
Cons
- There is no offline payment processing, so you need to always be connected to the internet when you want to make payments.
- It has issues with frozen or delayed funds. This is common in situations when people are almost scammed.
Crypto.com
This is another platform that can be used to buy Binance coins with PayPal. You would need to have a crypto account for you to purchase Binance coins from their platform using PayPal. Once the account has been created, you would then use PayPal as a method of payment to purchase Binance coins from the crypto platform.
Purchasing BNB with PayPal on Crypto.com
Once you have your crypto.com account, you can make your BNB purchases easily. Find your way to the payment method options and select PayPal. Once PayPal is selected as an option. Select your desired amount and currency, then click continue. Once your selections are verified, you will be directed to the PayPal homepage, where you can log in and verify the payment. After verification, the transfer will be made from your PayPal account to your crypto.com account.
Pros
- It gives immediate access to your funds, which helps for hasty transactions.
- It uses the latest cryptocurrency technology. Since it had an ahead start in the crypto world, its technology is very up to date.
- It also offers loans to its business clients, so you can get some financial assistance with this option if you're short on your budget.
Cons
- Their customer service is quite discouraging.
- It has few POS features and benefits.
FAQ's
Can I Use PayPal In My country?
PayPal is available worldwide, but certain products and integrations are only limited to a few countries. For example, PayPal pro is limited to PayPal accounts created in the US, Canada, and the UK.
Are There Any Additional Fees For Using Your PayPal Integration?
There are no additional fees when using PayPal in your form. However, PayPal fees may apply to your business based on your location.
Is PayPal safe?
PayPal uses data encryption and anti-fraud technology to help keep your users’ information secure, reducing the risk of online fraud. On top of that, the forms you build with our platform are created securely. Security is our top priority. To learn more about the security of the platform, please click on the link.
How do I get a PayPal receipt?
After completing payment in the form, the receipt is sent by PayPal.
BWCEvent aspires to share balanced and credible details on cryptocurrency, finance, trading, and stocks. Yet, we refrain from giving financial suggestions, urging users to engage in personal research and meticulous verification.
