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How to buy Ethereum with PayPal

Why investors buy Ethereum with PayPal

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Is ETH a good investment?

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Who can buy Ethereum with PayPal

Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.

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What is ETH ?

Ether is the fuel of the Ethereum network. For every activity and transaction on Ethereum, we have to pay the network fee with Ether. Of course, from a macro perspective, something becomes valuable when people accept its value, and like any other asset, Ether is no exception to this rule. Obviously, the more Ethereum becomes more powerful and the trust in this network increases, theoretically the price of Ethereum will also increase.

Ether started 2017 at $8 and reached its all-time high of $1,400 by January 2018, a little over a year later. With a thumb calculation, it is clear that Ethereum has experienced a price increase of about 17,000% in this one year. From 2019 to 2021, Ether once again continued to peak and reached its highest price of $4,815 on November 9, 2021. Although the crypto market is currently experiencing a dive, experts predict that Ethereum will reach a price of about $10,000 in 2025. But note that this is not a buying signal for you. We recommend studying the crypto market and seeking advice from professionals before any purchase.

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How to buy ETH with PayPal instantly?

By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.

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Where can I buy ETH online with a PayPal?

First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency purchase. 

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Is ETH Reliable?

The official website of Ethereum has defined this project as follows: "Ethereum is a decentralized platform for the execution of smart contracts. There is no possibility of malfunction, censorship, fraud or interference of third parties for the programs that run on this network”. But how is the security of such important and sensitive contents insured? The answer is mining. Mining is one of the common methods of maintaining the security of blockchain networks. According to this algorithm, the block creation process is competitive and anyone who wants to participate in the creation of blocks must solve a complex mathematical equation with the processing power of computers. Therefore, miners (or mining nodes) allocate a large amount of processing power to the network, which is equal to the power of several supercomputers. In this case, if someone wants to attack the network or make a change in the blockchain, they have to have the processing power of more than half of the miners. In other words, in addition to the fact that such processing power is very difficult to obtain if someone has this processing power, it’s more beneficial to mine Ether and gets a large reward instead of attacking the network. As the number of miners increases, the security and safety of the network increases as well, and thus, trust in it will also increase.

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Other payment methods to buy ETH

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FAQ

Frequently asked questions

Ether is a functional currency. As the amount and use and acceptance of Ether increases, the price will also increase. Ethereum can be used to make processes smarter and get the most out of it. The price of Ethereum will increase if Ethereum is accepted by more institutions and its popularity and use increase. In 2016, the value of each ether was less than one dollar, but for example, in 2020, which was the year when digital currencies flourished, the price of Ethereum increased by 200 times. In conclusion, Ethereum has a special place among digital currencies and a bright future is predicted for it. With updates coming in the near future, Ethereum will become faster and a more viable investment option. Investing in Ethereum may seem risky, but if all goes well, the returns on this investment might be impressive.

PayPal as a payment platform is secure, easy to use, and fast to finalize. Its main advantages rely on security as it gives an extra level of fraud prevention. It also encrypts your bank or credit card information to keep it safe.

The core Ethereum development team was Vitalik Buterin, Gwynne Wood, Mihai Alessi, Anthony Di Lorio, and Charles Hoskinson. Gwynne Wood and Hoskinson later left the team due to differences and started Polkadot and Cardano respectively.

Digital currency traders do not have to pay fees for their transactions using the PayPal payment system. Also, digital currency users can convert their digital currency balance to fiat currency easily and without additional costs. Plus, no exchange fees are charged for cryptocurrency transactions on our exchange.

Since Bitcoin and Ethereum serve two different purposes, it is impossible to say which one is better than the other. However, it is often said among the cryptocurrency community that Bitcoin is better in terms of security and validity, and Ethereum is better in terms of network performance and speed.

With a verified PayPal account, you can send up to $60,000 per transaction. You’ll also have no limits on how much money you can send from your account overall. There’s also a standard limit of 30 transactions per day.

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