Compare the 6 Best PayPal crypto exchanges in 2024

Use this guide to find out which PayPal crypto exchange offers the best value and lowest trading fees.
By:  & 
Updated: May 7, 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

When it comes to buying cryptocurrency, most exchanges offer a range of payment options. But what if you could buy and sell crypto using the same platform you already trust for online payments? Enter PayPay. 

As one of the largest e-wallet services in the world, it offers a popular alternative to buying cryptocurrency with a bank account or card. Many of the best crypto exchanges already let you use PayPal so there are lots of options to choose from, but how do you find the right one?

Right here. Our team regularly buy and sell crypto using PayPal and we’ve put together this guide to compare the best PayPal crypto exchanges. We have first-hand experience with these platforms which have been chosen based on cost, security, and range of products. 

Not only does this guide include the best exchanges that accept PayPal, but it also explains how to use PayPal to buy crypto, the pros and cons of using it, and real user reviews so you can find the best and most trusted exchange for your needs.

Best PayPal crypto exchanges overall for 2024

Copy link to section
  1. Plus500: Best for international CFD trading*
  2. eToro: Best for beginners, copy-trading & demo-account
  3. OKX: Best for futures and margin trading

What are the best PayPal crypto exchanges?

Copy link to section

Sort by:

1
Min. Deposit
100 €
Best offer
User Score
10
CFD na BTC, ETH, LTC, neo, XRP, jota, EOS, BAB, ADA, TRX, XMR
Nie ma potrzeby, aby otworzyć konto krypto wymiany lub użyć specjalnego portfel
W pełni regulowane - FCA, ASIC, CySEC
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

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.

2
Min. Deposit
85 €
Best offer
User Score
9.9
Handluj największych na świecie ofertę pochodną Crypto. Wybierz z 250+ Crypto CFD
Wielokrotne finansowanie i szybkie opcje wypłaty. Wybierz z PayPal i więcej
Ultra-niskie rozprzestrzenia się we wszystkich instrumentach pochodnych kryptograficznych
Start Trading
Payment Methods:
Credit Card, Kryptowaluty, PayPal, Przelew, neteller, skrill
Full Regulations:
ASIC, CySEC, FCA
74-89% of retail CFD accounts lose money
3
Min. Deposit
-
Best offer
User Score
9.8
Start Trading
Payment Methods:
Bank Transfer, Mastercard, PayPal, Przelew, Visa
Full Regulations:

Top cryptocurrency exchanges that accept PayPal

Copy link to section

1. Plus500. Best for international CFD trading*

Copy link to section

From 2%

Fees

$100

Minimum deposit

3,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Can get a free demo account A great mobile platform Well regulated in multiple jurisdictions Wide variety of CFDs to trade Several good risk management tools
No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to over 2800 instruments, including CFDs on stocks, forex, commodities, and cryptocurrencies among several others.

Plus500 has something for all types of traders, no matter what level of experience. It’s zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% or 0.9 pips and varies depending on the instrument. Additional fees include overnight funding which is dependant on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Visit Plus500 Plus500 Review

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.

2. 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.

3. 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.

How should I choose a PayPal cryptocurrency exchange?

Copy link to section

Before you go ahead and choose a crypto exchange that accepts PayPal you will need to consider what options are available. Below we’ve highlighted some of the features that you should look out for when choosing a PayPal crypto exchange.

Fees. 

Copy link to section

Most crypto exchanges will charge fees when using their services such as commissions. However, not all will charge a fee for using PayPal to fund your account. It’s worth checking the payment terms of any exchange you plan to use ahead of time so you know what you will be charged. 

Fee Plus500 fees eToro fees Bitstamp fees
Trading fees No Yes, on certain assets
Inactivity fees Yes Yes
Rollover/overnight fees Yes Yes, on CFDs
Withdrawal fees No Yes
Spreads Yes Yes, on certain assets
Conversion fees Yes Yes, for non-USD currencies
View more > Plus500 > eToro > Bitstamp >

Choice of coins. 

Copy link to section

Some exchanges only focus on a few coins, or the largest coins, while others will offer hundreds of coins. An exchange with just a few coins may be better suited to a beginner, while platforms with lots of coins will be a better choice for experienced users. 

Product Plus500 assets eToro assets Bitstamp assets
Stock CFDs 1,800+ 3117
ETF CFDs 100+ 317
Forex CFDs 50+ 49
Crypto CFDs 40+ 73
Index CFDs 20+ 20
Commodity CFDs 20+ 26
View more > Plus500 > eToro > Bitstamp >

Note that all listed instruments on Plus500 are available to trade as CFDs.

Reliable platform.

Copy link to section

Exchanges can go down from time to time, so before you choose one make sure you check how reliable it is. One way you can do this is by reading customer reviews and finding out from other users how well an exchange performs. This is especially important for short term traders . 

Extra options. 

Copy link to section

Many platforms focus solely on letting users buy and sell coins, but the best PayPal crypto exchanges offer lots of extra options. One of the key ones to look out for is wallets, where you can safely store your coins. You can usually hold your coins on an exchange, but crypto wallets that accept Paypal add an extra layer of security and is important if you have a lot of coins. 

Transaction speed. 

Copy link to section

When you deposit money into your exchange using PayPal the transaction is usually processed immediately. However, when it comes to withdrawing profits, the transaction can sometimes take a bit of time. If you want your money quickly, look for an exchange that processes withdrawals fast. 

Regulation

Copy link to section

When choosing a crypto exchange that accepts PayPal, it’s important to consider regulation.  The crypto industry is still evolving and different exchanges have different regulations. While PayPal itself offers certain consumer protections for PayPal purchases, venturing outside its platform to a crypto exchange requires additional due diligence. 

The best crypto exchange for you will be registered with a reputable financial authority to ensure it operates within a legal framework. This will provide peace of mind when trading cryptocurrencies through your PayPal account.

Region Plus500 regulators eToro regulators Bitstamp regulators
Africa FSA
Asia
Australasia ASIC, FMA ASIC
Europe FCA, CySEC FCA, CySEC
International
North America FinCEN
South America
View more > Plus500 > eToro > Bitstamp >

Security

Copy link to section

Security is another priority when choosing a PayPal cryptocurrency exchange.  Since you’ll be linking your PayPal account to the exchange, select one that implements robust security measures to safeguard your financial information and crypto coins.

Features like two-factor authentication (2FA) and encryption to protect your login credentials and digital assets are important. The best PayPal cryptocurrency exchange will prioritize user security and give you confidence when exchanging crypto through your PayPal integration.

User reviews

Copy link to section

Another tool you can use to find a trustworthy PayPal cryptocurrency exchange is by using customer reviews. Sites like Trust Pilot, the App Store, and Google Play Store offer you an easy way to find reviews from real users. 

You can use the information in the table below to find real customer reviews for three of the leading crypto exchanges that accept PayPal deposits. 

Review source Plus500 rating eToro rating Bitstamp rating
Trustpilot 4 4.4
Google Play Store 4.3 4.1
App Store 4.1 3.8
View more > Plus500 > eToro > Bitstamp >

What are the fees for PayPal crypto exchanges?

Copy link to section

There are two different types of fees to look out for. The first is the deposit fee, i.e. how much it costs to send money from PayPal to your chosen crypto platforms.

The second is trading fees, or how much it costs to buy Bitcoins or other crypto on the exchange. Here’s a little more detail about each type of fee:

  • Deposit fees. Generally, you’ll find that PayPal transaction fees make it more expensive than using a credit or debit card, but this isn’t always the case. Some exchanges let you deposit free and only charge withdrawal fees. eToro is a good example of this, where it’s free to deposit from PayPal but costs $5 to withdraw.
  • Trading fees. Trading fees vary depending on the exchange. on eToro, for example, you pay a 1% transaction fee every time you buy crypto (or sell it). On the Coinbase PayPal crypto exchange, the fees range from 0.05%-0.6% of trade cost. Most cryptocurrency exchanges that accept PayPal charge a similar fee, but you can shop around for the best one.

The table below shows the trading fees you can expect to pay with a PayPal to crypto exchange.

Asset Plus500 fees eToro fees Bitstamp fees
Cryptocurrencies From 2% 1%
Commodities From 0.04% From 2 pips
Currencies From 0.8% From 1 pip
Indices From 0.7% From 0.75 pts
Stocks From 0.08% 0% commission
View more > Plus500 > eToro > Bitstamp >

There is no PayPal fee to contend with on top of this. PayPal fees only apply when you buy and sell crypto through PayPal itself, rather than for transferring money to or from your PayPal account.

Should I use a crypto exchange that accepts PayPal?

Copy link to section

Yes, these platforms are the best way to buy all sorts of crypto assets. You can buy hundreds of digital currencies, or swap between fiat currency and crypto very easily.

PayPal payments are a simple way to add and withdraw funds from your exchange account, particularly for those who don’t have access to other payment method like a bank account.

Similarly, if you want to keep your crypto transactions separate from your main bank account, then you can use PayPal as a deposit method instead. Most exchanges accept PayPal, so you have a wide choice of platforms to choose from. 

OK, I’m ready to start now

Pros and cons of PayPal crypto exchanges

Copy link to section

If you’re still not sure if you should use a PayPal crypto exchange then you can use our pros and cons below to help you make up your mind.

Pros

Copy link to section
  • Most exchanges accept PayPal transactions as a payment option so you have a lot of platforms to choose from. 
  • PayPal is easy to set up and use and you can keep your crypto transactions separate from your day to day banking. 
  • Depositing money to an exchange using PayPal is usually instant so you can start buying coins right away. 
  • PayPal adds an extra layer of security to your crypto transactions.

Cons

Copy link to section

How to deposit money onto a cryptocurrency exchange that accepts PayPal – a step-by-step guide

Copy link to section

Here is a quick guide to making a deposit on a PayPal cryptocurrency exchange.

Step 1. Create a PayPal account

Copy link to section

You only need a phone number and/or email address to create a verified PayPal account. Once it’s created, you have to transfer some money into it to top up your PayPal balance: this can be done via a bank transfer or card payment.

Step 2. Sign up to a crypto exchange that accepts PayPal

Copy link to section

We recommend Plus500 . Create an eToro account by providing some basic contact details, then verify your identity to complete the process.

Step 3. Deposit funds via PayPal

Copy link to section

Find the Bank or Account section in the menu bar, then select PayPal as your deposit method. Choose how much to transfer, enter your PayPal account details, then hit ‘deposit funds’.

Step 4. Verify the transaction on your PayPal account

Copy link to section

You may be redirected to the PayPal platform to confirm the transaction is legitimate. Confirm that all the details are correct, and your PayPal deposits will be ready to spend from your exchange account in no time.

And that’s it! Now you’re ready to buy Bitcoin with PayPal on your chosen exchange.

Register with a PayPal crypto exchange

Methodology: how we chose the best PayPal crypto exchanges

Copy link to section

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 48 PayPal exchanges to provide our users with clear, accessible guidance on the investing options available. All testing is carried out by our panel of crypto experts, analysts, and active traders who sign up to each exchange, conduct research, and score each service.

Our tests are designed to find crypto exchange with Paypal platforms that offer a beginner-friendly, secure trading experience at a fair price. To supplement our practical testing and experience, we research each exchange to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each PayPal exchange is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with individual crypto brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

FAQs

Copy link to section
Are PayPal crypto exchanges safe?
Which is the best PayPal crypto exchange?
Can you buy other assets on a PayPal cryptocurrency exchange?
Do I need a crypto wallet?
Is PayPal fast?
Is PayPal good for beginners?
Can I buy cryptocurrencies with no fees?
Does Coinbase accept PayPal?
Can you use PayPal on Binance?
Can I use PayPal on mobile?

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.
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.