How to buy Litecoin with PayPal in 2022

PayPal lets you buy and store Litecoin and is accepted as a payment method by many brokers. This guide explains how to buy Litecoin with PayPal and selects the best brokers that accept it.
By:
Updated: Mar 15, 2022
Tip: our preferred broker is, eToro: visit & create account

PayPal has become a popular way to buy cryptocurrencies including Litecoin and lots of brokers accept it as a payment method. Use this beginner-friendly guide to learn how to buy Litecoin with PayPal using our step-by-step guide and find the top brokers around who accept it as a payment method.

Can you buy LTC with PayPal?

Yes, there are lots of brokers that accept PayPal as a way to deposit funds which you can then use to buy Litecoin. You can also use PayPals platform to purchase Litecoin directly. It also acts as a cryptocurrency wallet where you can store your coins. You can read our in-depth guide on how to buy cryptocurrency with PayPal by visiting our page here.

Where can you buy Litecoin with PayPal?

We’ve compiled a list of top-rated brokers that let you deposit money with PayPal. You can check them out in the table below, or keep reading to find out more about how to use them.

1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:

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

If you want to buy Litecoin with PayPal you can use the handy step-by-step guide below to get started. 

  1. Create a PayPal account. The first step you need to take is creating a PayPal account. You can head over to the PayPal website where you’ll need to fill in your contact details and register an account. 
  2. Link PayPal to your bank account or card. If you want to use PayPal you will need to link it to your bank account or bank card. This is a simple process and all you need to do is visit the ‘paid and get paid’ section of your account and enter your banking information. 
  3. Search for Litecoin on PayPal. Navigate to the crypto homepage on the PayPal website and search for Litecoin using its ticker symbol, LTC. Once there, you’ll be taken to the Litecoin trading page where you will be able to place your order. 
  4. Execute the trade.  You will now be able to place your trade. To do this decide how many coins you want to buy, or how much fiat you want to spend. Enter your trade details into the order ticket and click buy. Your order will be executed and your coins will appear in your PayPal crypto wallet. 

Top platforms that accept PayPal

Not only can you use PayPal to buy Litecoin directly, you will also find a lot of brokers and exchanges that accept it as a way to deposit funds. Below we have selected three of the top platforms to buy Litecoin right now using PayPal. We’ve explained the benefits of each broker or exchange and a quick explanation of how to use PayPal with them. 

Use PayPal with eToro

eToro is a popular broker and it offers a wide range of assets including stocks, forex, commodities, and cryptocurrencies. It has a growing number of coins including Litecoin and using PayPal as a way to deposit funds is an easy process. 

To buy Litecoin with eToro using PayPal, all you have to do is log into your account and navigate to the deposit page. Here you’ll be able to choose your preferred method of payment, (PayPal) and enter the amount you wish to deposit. Once your account is funded, simply search for the ticker symbol LTC and enter the amount of coins you wish to purchase and hit the buy button. 

If you use PayPal to deposit funds into your eToro account you won’t have to pay any fees. Although, when it comes to withdrawing money you may have to pay a fee. eToro charges a flat fee of $5 for any withdrawal and they have a minimum amount of $30. Depending on where you are located, you may encounter other fees too. 

Use PayPal with Coinbase

Coinbase is one of the top cryptocurrency exchanges around and has over 20 million users. An exchange is like a giant marketplace where you can trade coins with other users. Using Coinbase you can buy and sell coins, store coins in a wallet, and spend them using its own debit card. 

Using PayPal as a way to deposit money into your Coinbase account is an easy process. Before you start you will need to verify your identity by providing a form of photo identification. 

To link your PayPal account to Coinbase you will need to visit the settings section of your Coinbase account. Here select payment methods and choose PayPal. Then click ‘link account’ and you will be able to use PayPal to send funds to Coinbase. It’s important that your Coinbase registered email is exactly the same as your PayPal one. 

Use PayPal with Binance

Binance is another cryptocurrency exchange that lets you buy and sell coins with other users. It has one of the largest selections of coins around, with over 500 available to trade including Litecoin. 

Using PayPal to deposit funds into Binance is a straightforward process. Before you start you will need to make sure your account is fully verified by providing a form of identification. Once verified, simply head over to the deposit money section and choose PayPal as your method. You will then be able to transfer funds from PayPal to Binance.  

Should I use PayPal to buy Litecoin?

Yes, you could consider using PayPal to buy Litecoin. PayPal only offers four coins at present and Litecoin is one of them. It’s a well regarded and secure platform making it a top choice to buy Litecoin with. One of the added benefits of using PayPal is you are able to add it to most brokers and exchanges as a payment method. 

PayPal has an easy to use platform and app making it easy for beginners to make their first cryptocurrency purchases. Buying LTC directly on PayPal does involve some fees, however they are competitive with most exchanges or platforms. There are usually no fees charged when using PayPal to deposit funds with a broker.  

What are the fees for buying LTC with PayPal?

Depending on the size of your Litecoin purchase you’ll pay varying fees. For any purchase below £25, you will be charged a rate of £0.5. Anything over £25 and up to £1000 will be charged a 2.3% fee, while anything over £1000, the rate drops to 1.8%. 

If you decide to use PayPal with a broker or exchange, you will usually not have to pay a fee to deposit. However, most platforms charge a fee for withdrawing money to your PayPal account although this can vary between brokers. It’s a good idea to check the terms and conditions with your chosen broker before you use PayPal. 

Why don’t more brokers or exchanges support PayPal?

A lot of brokers do support PayPal and the number keeps on growing. Most of the top brokers or exchanges accept PayPal and even newer or smaller platforms have started to integrate it as a payment method. Since PayPal started offering its customers a way to directly purchase cryptocurrencies, it has increased its popularity in the crypto industry.  

Alternative payment methods

If you dont want to use PayPal to buy Litecoin, there are lots of different payment methods available. You can use debit cards, bank transfers, and other payment providers like Swish or Payoneer which are tailors to specific geographic regions.

FAQs

Can I buy Litecoin with 0 fees
Do I need a crypto wallet?
How fast is using PayPal?
Can I get Litecoin with PayPal instantly?
Can I hold cryptocurrency in my PayPal account?
Does Coinbase accept PayPal?
Can I get other cryptos using PayPal?
Is using PayPal recommended for beginners?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.