How to buy Litecoin with PayPal

PayPal is becoming more accepted as a means of paying for and storing cryptocurrency. This page explains how you can use it to get Litecoin, and the best places to do so.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Jun 9, 2021
Tip: our preferred broker is, eToro: visit & create account

There are many platforms that accept PayPal as a method of payment, and this page shows you the ones that do and how to choose between them.

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
$200
Exclusive promotion
user-score
10
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
Automatically copy the trades of top Crypto traders
Deposit using PayPal + 9 other deposit options available (not available to US users)
Start Trading
Description:
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
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, Borneo Exchanger, Bradesco, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China UnionPay, ClickandBuy, Contact, Contact Z, Credit Card, Cryptocurrencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, 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, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, Mailing Cash, Masari, Mastercard, MegaTransfer, Mister Cash, Moneta, 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, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, WebMoney, WebPay, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
AMF, ASIC, CySEC, FCA
Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

What is a PayPal Litecoin broker?

A broker is a service that executes cryptocurrency trades for you, in this case, offers Litecoin. On this page we are looking at those platforms that take payment via PayPal to carry out Litcoin trades for you. Make sure you do your research before choosing one that’s right for you.

How to deposit and withdraw via PayPal

Deposit

Different brokers can have different procedures when it comes to making deposits. That said, here are some basic guidelines you can follow on how to deposit money with a Litecoin broker using PayPal:

  1. Open an account with a broker that accepts PayPal as a form of payment, then verify it with a form of ID.
  2. Go to your broker’s website, and select the PayPal option on the “Add money” screen. 
  3. You will then be prompted to link your PayPal account to your brokerage account.
  4. Add money to your Litecoin wallet by entering an amount and selecting PayPal as the payment method.

Withdraw

You cannot withdraw Litecoin directly to your PayPal account. This is because PayPal cannot hold cryptocurrencies. But if you’re selling your coins for fiat currency, some brokers allow you to withdraw those funds to your PayPal account. 

If you have set up your PayPal with your chosen broker/exchange in order to deposit funds, then you’ve already done the hardest part and can just select your PayPal account from the withdrawal options. Otherwise you simply need to select the “Withdraw” button and enter your PayPal details to withdraw funds.

What should I look for in a broker?

The first step is for your broker to accept PayPal as a payment method, which is by no means guaranteed. Once that’s been achieved, look for one that offers superior service and value. Here are some key traits to look for:

  • Competitive transaction fees. The fees you’ll have to pay can vary widely depending on the service you use to make trades. Our guides will help you find the most reasonable transaction fees for using PayPal.
  • Speed. Your broker should enable you to make purchases within minutes.
  • Ease of use. The best brokers make it simple, even for beginners. You don’t want to spend a long time finding out how to buy Litecoin with PayPal, you just want to be able to go in and get started.
  • A strong reputation. Look for a broker with strong user reviews. The reviews that we offer on this site can help.
  • A verifiable track record. The broker you choose should have a track record of executing crypto purchases reliably for a number of years. Although PayPal hasn’t been accepted for very long as a method of purchasing cryptocurrency, a successful track record with other methods still matters.

Should I buy Litecoin using PayPal?

Pros

  • Secure. PayPal offers a high level of security to protect you against fraud.
  • Fast. Choose the right broker, and the purchase will happen in just a few minutes, or less. 
  • Convenient. If you already use PayPal for many everyday purchases, it will be a natural transition for you to start using it for cryptocurrency as well.

Cons

FAQs

Can I remain anonymous with PayPal?
Do I need a crypto wallet?
How fast is using PayPal?
Can I get Litecoin with PayPal instantly?
Are there low fees when using PayPal for Litecoin?
Can I hold cryptocurrency in my PayPal account?
Does Coinbase accept PayPal?
Can I get other cryptos using PayPal?
Is PayPal the easiest way to get Litecoin?
What’s the biggest pro and con of using a peer-to-peer exchange?
How easy is it to find a peer-to-peer exchange that accepts PayPal?
Is using PayPal recommended for beginners?
Is PayPal a more viable strategy if you plan to hold Litecoin for the long term?

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 >

Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.