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How to Buy Bitcoin on PaypalFirstly, PayPal is a widely accepted payment method, making it easier for users to purchase Bitcoin without the need for traditional bank transfers or credit. 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. While buying Bitcoin directly through PayPal is possible, better alternatives exist for those who wish to use PayPal as a payment method only.