You Can Now Buy Bitcoin On PayPal For $1

Customers can now buy, hold, and sell cryptocurrencies like Bitcoin from their PayPal accounts.

We haven’t talked much about cryptos at RiskHedge yet. These days, it seems everyone has an opinion about them. Not only that, Bitcoin has been plastered all over the news recently after surging to a multi-year high.

I’ve talked to many investors who are interested in Bitcoin, but don’t have the first clue how to buy it.

Don’t you have to open a dedicated crypto account? Which website should I invest through? Do I need $19,000 to buy one bitcoin?

PayPal smashed down all these barriers in one swoop. Its users can now buy and sell bitcoin and Ethereum, another cryptocurrency, from their PayPal accounts. Remember, these disruptors have thrived by making finance easy and accessible for the little guy. That’s what PayPal is achieving here yet again.

Not many folks have $19,000 laying around to buy a whole bitcoin. Through PayPal, you can now open the app, click the crypto tab, and buy a fraction of a bitcoin for as little as $1! In fact, over dinner the other night, my wife told me she bought 100 bucks worth of bitcoin on her phone.


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