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???? Can You Buy Bitcoin Through Paypal ? ?The vast majority of Bitcoin exchanges will process the PayPal payment instantly. Then, the investor can buy Bitcoin with their account balance. 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. Here's how to buy Cryptocurrency with PayPal on the web: Click on the Crypto promotional tile More on your PayPal account Dashboard. From the Crypto landing page, select the Cryptocurrency you would like to buy.