How to buy Avalanche with PayPal in 2024

This introductory guide explains how to buy Avalanche with PayPal. Follow our simple three step guide to make your first purchase.
By:
Updated: Feb 29, 2024
Listen

Trade your favourite markets with our top-rated broker, Plus500.

4.5/5

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Visit site

Firstly, the most important question to answer is: can I buy Avalanche with PayPal?

Yes, although not directly. However, you can use PayPal to fund a trading account and buy Avalanche that way.

This page explains how you can buy AVAX with PayPal. Follow our step by step guide to find out how you can buy Avalance crypto using PayPal and find the best exchanges to make your purchase. 

How to buy Avalanche with PayPal – a step-by-step guide

Copy link to section

It takes about 15 minutes to buy AVAX with PayPal. Have a copy of your photo ID to hand and follow this guide to get started.

Step 1. Sign up with eToro .

Copy link to section

We recommend eToro as the best platform to use to buy AVAX with PayPal.

1
Min. Deposit
$ 10
Best offer
User Score
9.9
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world’s leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

Step 2. Create an account.

Copy link to section

You need an account before you can buy anything. Sign up with your contact details and a form of ID for verification.

Step 3. Make a deposit via PayPal.

Copy link to section

Enter how much you want to deposit and select PayPal as your payment method from the list of options.

Step 4. Use the search box to find Avalanche.

Copy link to section

Use the search box on the home page to search for Avalanche and the currency you want to pay in (such as GBP).

Step 5. Make your purchase.

Copy link to section

Enter how much Avalanche you want to buy, check the details and process the transaction. Once the payment goes through, your new Avalanche will show up in your exchange account.

Top Avalanche platforms that accept PayPal

Copy link to section

1. eToro. Best for beginners, copy-trading & demo-account

Copy link to section

1%

Fees

$100

Minimum deposit

4,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.

Highlights

Visit eToro eToro Review

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

2. OKX. Best for futures and margin trading

Copy link to section

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Stake ETH to freely mint FIFA WORLD CUP 2022 NFTs & big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods
Not available in the US Lack of fiat withdrawal options

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Visit OKX OKX Review
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

Quick answers to key questions

Copy link to section

Can I buy crypto with PayPal?

Copy link to section

Yes, you aren’t limited to buying Avalanche alone. The only limit is which coins are available on the exchange you’ve chosen. Most crypto exchanges that support PayPal as a payment method offer 50+ cryptocurrencies and many offer hundreds more.

Is PayPal safe?

Copy link to section

Yes, it’s completely safe to use PayPal. The only risk to look out for is to make sure you sign up to a regulated PayPal Avalanche broker when buying Avalanche. Using an unregulated broker platform can put your money at risk.

How much does it cost to buy Avalanche via PayPal?

Copy link to section

It depends on the exchange platform you use and the costs can vary greatly. Generally most exchanges charge anywhere between 0.5% – 2.5%, although we’ve found the average is around 1%. PayPal doesn’t charge any fees so you won’t have to worry about paying any extras. 

Can I store Avalanche on my PayPal account?

Copy link to section

No, although PayPal is crypto friendly and even allows you to buy crypto directly on its platform, AVAX is not one of its supported cryptocurrencies. That means you won’t be able to store Avalance coins on PayPal and you’ll have to use a dedicated cryptocurrency wallet to securely hold your coins. 

Why don’t more crypto platforms support PayPal?

Copy link to section

Some crypto exchanges already support PayPal and the number is growing. PayPal has recently started to offer the ability to buy, sell, and store crypto on its own platform, however, the number of coins is limited. 

Should I buy Avalanche using PayPal?

Copy link to section

Yes, if you already use PayPal for everyday transactions, then you may want to use it to buy Avalance. One of the benefits of using PayPal is the speed at which you can transfer funds from your balance to your exchange account. Once transferred, you can quickly buy any crypto coin available on your platform. 

There are some drawbacks to using PayPal and the number of exchanges that accept it is not as wide as other payment methods such as debit cards. You should bear that in mind before deciding to use PayPal to buy AVAX. 

Pros

Copy link to section
  • PayPal transactions are processed quickly
  • It’s available on many crypto platforms
  • Keep all of your transactions in one place
  • PayPal is a crypto friendly platform

Cons

Copy link to section

Is there an alternative to buying cryptocurrency with PayPal?

Copy link to section

There are plenty of alternatives, whether you want to pay through an online payment provider or go down a more traditional route. Here are some of the different ways to pay for your Avalanche purchase.

Buy Avalanche with PayPal

FAQs

Copy link to section
Can I buy Avalanche with PayPal on Coinbase?
Can I buy Avalanche with PayPal on Cash App?
How do I fund my crypto account with PayPal?
Can I buy Avalanche with PayPal instantly?
Can I buy Avalanche with PayPal anonymously?


Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.