How to Buy USDT with PayPal - hi (2024)

Over the past few years, the interest in cryptocurrencies has skyrocketed. Users are increasingly searching for ways to get involved, and both traditional and newer companies are popping up with solutions. This, along with a rising interest in stablecoins, has resulted in trading being more accessible for a wider audience by allowing for a variety of payment methods and exchange platforms. In this article, we cover if and how you can buy the popular stablecoin USDT with PayPal.

If you’re looking for a platform to stake USDT, we will also introduce some alternative platforms, such as hi, where you can stake USDT and earn up to 11% APY.

Can I use PayPal to buy USDT?

Like many financial technology companies, PayPal has recently deleved into the world of cryptourrencies, offering their users the chance to buy coins such as Bitcoin directly from their platform. Unfortunately, PayPal doesn’t appear to offer USDT on their platform just yet and their selection of crypto coins is limited. However, there are other ways to buy USDT with PayPal.

Some platforms allow you to purchase USDT and other coins using PayPal as a payment method, the same way you may use a credit or debit card. Using PayPal to purchase cryptocurrencies has the benefit of convenience and accessibility, as well as extra security due to PayPal’s end-to-end transaction encryption.

How to buy USDT with PayPal?

There are a few different platforms you can use to purchase USDT using PayPal. In this section, we’re going to focus on guiding you through buying USDT on Paxful, a popular peer-to-peer marketplace. However, the steps will be very similar across the different platforms. If you’ve already got a PayPal account, here’s a step-by-step guide on how to buy tether with PayPal on Paxful:

  1. Create your free account on Paxful by clicking ‘Register’
  2. Get ready for trading by verifying your phone number, email, and ID.
  3. Select ‘Buy Tether (USDT)’
  4. Under the ‘Pay Via’ section, select ‘PayPal.’
  5. Choose the currency you want to use to pay for the USDT, then click ‘Find Offers’
  6. Find a trusted seller who is online, then click ‘buy.’
  7. Follow the trade instructions to complete the payment. You now own USDT!

Best Place to buy USDT

There is a large variety of other platforms where you can buy USDT. How can you choose? Look no further, because we have picked a few of the alternative platforms that we think are the best for buying USDT.

1. hi

hi is an all-in-one crypto exchange that also offers next-gen mobile banking. With hi, you can buy crypto at true cost via bank transfer, credit card, or other cryptocurrencies. There are a few advantages to buying USDT on hi. You can add currency into your hi account at true cost and 1:1 ratio, with no fees. The platform also allows users to convert USDT to other supported currencies and offers the ability to earn Flexible yield for holding USDT in a hi account at 11% APY with no lockup.

2. Binance

Binance is the world’s leading cryptocurrency exchange, with 2 billion average daily trading volumes and over 1.4 million transactions per second. Binance offers a variety of ways to buy cryptocurrencies, including credit/debit card, cash balance, and peer-to-peer. The platform allows you to pay in a variety of different currencies, as well as enables users to buy other coins using their USDT. Despite being a slightly less user-friendly option, it is a favourite due to its comparably low fees.

3. Coinbase

Coinbase is another well-known and popular cryptocurrency exchange. Coinbase makes it easy to buy, sell, and exchange cryptocurrency using a variety of methods. It’s often compared to Binance due to both platforms’ popularity and is often rated as being far more user friendly than its competitor. However, this convenience does come with slightly higher fees, but if you’re still getting acquainted with cryptocurrency, Coinbase is a good and reliable choice.

4. eToro

eToro is a social investment and multi-asset brokerage company that also allows users to purchase cryptocurrencies (including USDT) from their platform. It’s easy to learn how to trade and invest using eToro and the platform supports a very wide variety of payment methods, including PayPal. The main appeal of buying cryptocurrency via eToro is the simplicity of the process as well as the relatively cheap fees.

FAQs

In short, no. PayPal is an online money transferring company that works by linking your card or bank account to your PayPal account. You can use your account to make purchases, send and receive money, manage your funds, and more. Although you can buy some cryptocurrencies via PayPal, the platform doesn’t replace the security of a traditional cryptocurrency wallet.

Since it isn’t possible to purchase USDT on PayPal just yet, there are no fees to disclose. However, when using PayPal as a payment method to purchase USDT via an exchange platform, there may bevarying fees across different platforms. For example, Paxful charges nothing to buy cryptocurrency, but there is a charge for selling it. We recommend researching your chosen platform to find out more.

Overall, using PayPal to buy cryptocurrencies is a simple and secure way to get involved in the cryptocurrency world. You can purchase some coins directly via your PayPal account, or you can use an external exchange platform to buy USDT and other coins such as hi.

How to Buy USDT with PayPal - hi (2024)

FAQs

How to Buy USDT with PayPal - hi? ›

Paypal does not currently offer Tether (USDT) tokens to buy directly through its cryptocurrency trading platform. That means that account holders will need to find an alternative exchange that is licensed and accepts PayPal deposits to buy USDT.

Can I buy Usdt through PayPal? ›

Paypal does not currently offer Tether (USDT) tokens to buy directly through its cryptocurrency trading platform. That means that account holders will need to find an alternative exchange that is licensed and accepts PayPal deposits to buy USDT.

How do I buy Usdt with PayPal on Binance? ›

Learn how to buy Tether (USDT) with the Binance app now.
  1. Create a free account on the Binance website or the app. Your Binance account acts as a gateway into buying crypto. ...
  2. Choose how you want to buy the Tether (USDT) asset. ...
  3. Check the payment details and fees. ...
  4. Store or use your Tether (USDT) in Binance.

Is there a way to buy crypto with PayPal? ›

Users can buy Crypto using their PayPal balance, or a PayPal-linked debit card or bank account. 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.

Can I withdraw Usdt from PayPal? ›

You can withdraw funds from your PayPal account to your local bank account or to a U.S. bank account.

How do I buy Usdt directly? ›

If you decide that Tether holdings make sense for your financial goals, you can buy Tether in a mere three steps:
  1. Choose Your Crypto Exchange. Buying Tether begins with choosing a cryptocurrency exchange. ...
  2. Buy Tether. After selecting your exchange, you can make your opening deposit. ...
  3. Store Your Tether.
May 4, 2023

How to buy USDT in USA? ›

Once you're up and running on an exchange, there are two ways you can purchase Tether:
  1. Cash: Simply deposit cash into your new account and place an order to purchase USDT. ...
  2. Cryptocurrency: Investors who already own cryptocurrencies can transfer digital assets to an exchange account where Tether is available.
May 9, 2023

What is the cheapest way to buy Usdt? ›

Kraken offers a minimum order size of 5 USDT, meaning you can start buying USDT with just $5. You can buy Tether on Kraken with as little as $5.

Does Binance accept PayPal? ›

Content Guide. Summary: Binance does not support PayPal deposits through their P2P Trading platform. This means investors cannot currently transfer any fiat currencies via PayPal into their Binance account. The best alternative that currently supports PayPal deposits is Bybit.

Can PayPal buy in Binance? ›

Can You Fund Binance Through PayPal? Yes, you can.

Which crypto exchange accepts PayPal? ›

List of Tools to Buy Bitcoin With PayPal
  • Pionex.
  • CoinSmart.
  • Crypto.com.
  • Coinmama.
  • Coinbase.
  • LocalCryptos.
  • LocalBitcoins.
  • xCoins.
May 2, 2023

Does Coinbase accept PayPal? ›

For US customers, you'll need to have a valid payment method (like a bank account or debit card) linked to your PayPal account to buy cryptocurrency, or add cash through your PayPal account. Prepaid cards, business cards, and credit cards linked to your PayPal account are not currently supported by Coinbase.

How do I transfer money from PayPal to Bitcoin wallet? ›

How to transfer crypto from PayPal
  1. Once logged into PayPal, enter the crypto section of the app.
  2. Choose the coin you intend to transfer.
  3. Tap the transfers button and select “Send” to transfer crypto to another unique crypto address.
  4. Complete ID verification (only necessary on first using the service)
Jun 10, 2022

How do I transfer money to Usdt? ›

Select Tether USDT ERC20 from the Deposit section of your PA. Choose the trading account you would like to deposit into, then click Continue. The assigned USDT ERC20 address will be presented, and you will need to send the desired deposit amount from your private wallet to the Exness ERC20 address.

Which network can withdraw Usdt? ›

Poloniex also enabled ERC-20 based deposits and withdrawals for Tether (USDT), meaning customers can freely withdraw to their preferred network: TRON, or Ethereum.

Can I transfer Usdt from Coinbase to PayPal? ›

Transferring from Coinbase to PayPal is a straightforward process, as outlined in the steps below: After logging in to your PayPal account, head to the crypto section on the dashboard. Select the cryptocurrency you want to receive. Click on the Transfers button —the little icon with two arrows— and then “Receive.”

Where can I buy Usdt easily? ›

Buy USDT Through ZebPay Website
  • Login to Zebpay on your desktop web browser.
  • Click on Quick Trade or Exchange based on your preference.
  • Enter the INR amount you want to invest.
  • Preview your order and check all the order details.
  • Place your order.

Can you buy Usdt on cash App? ›

We give you the freedom to exchange your money for Tether (USDT) and use it as you see fit; be it for paying for goods and services, protecting your assets against inflation, purchasing digital currencies, or to hedge against the price volatility of cryptocurrencies.

Where to buy USDT with no fees? ›

You can use Blocktrade as a cheap, secure, and global exchange to buy USDT. You don't need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase USDT with a few clicks.

Where is the best place to buy Usdt with PayPal? ›

Bybit is the top platform to buy USDT with a PayPal deposit due to its instant deposits, availability in over 100 countries with no KYC or verification, and the ability to buy and sell over 400 other tokens in addition to USDT.

How much is $100 USD in USDT? ›

Convert US Dollar to Tether
USDUSDT
50 USD49.99 USDT
100 USD99.97 USDT
500 USD499.87 USDT
1,000 USD999.74 USDT
5 more rows

How do I buy Usdt with a debit card? ›

How to Buy USDT
  1. Select Asset. Click on the “Buy” button on your Dashboard and select the desired asset. ...
  2. Enter Amount. Select the amount you want to buy and choose your payment method. ...
  3. Complete the Purchase. Preview your transaction details, and confirm the purchase.

Can I buy Usdt on Coinbase? ›

Use your ETH to buy USDT in the trade tab

Once you've added ETH to Coinbase Wallet, you can you can swap your ETH for USDT right in the mobile app or browser extension. Tap or click the "Swap" icon in the Assets tab, then select "Choose asset" and pick USDT.

How to get free USDT? ›

Start to Earn Points

Once you are registered, you can now take part in activities that will help you earn free USDT. Tasks that need to be completed to earn for free are answering paid surveys, playing games, watching videos, or testing software.

How much is USDT in dollars? ›

The current value of 1 USDT is $1.00 USD.

Does Binance have PayPal withdrawal? ›

Log into your Binance account. Select on Withdraw tab. Click on the Fiat tab, and choose the currency you want to transfer to PayPal. Enter the withdrawal information, click on continue to proceed further, including details of the recipient wallet.

What payment methods does Binance accept? ›

Bank Deposit: Binance supports bank deposits for fiat currencies. Credit/Debit Card: Visa and Mastercard. PTP Trading: By bank transfer and 60+ alternative options. 3rd Party Payment: Via Banxa and Simplex.

How do I buy ethereum with PayPal? ›

Select ETH and enter the amount you want to buy (This is the only cryptocurrency currently available for purchase through PayPal on MetaMask). Sign in to your PayPal account. Select payment option of choice: PayPal balance, eligible bank, or debit card. Review purchase and click “Confirm”.

Can you use PayPal on MoonPay? ›

One of the most recommended ways to buy and sell BTC with PayPal is through MoonPay. You can use Moonpay to buy BTC with your electronic wallet or other preferred payment methods.

Why won't my PayPal work on Coinbase? ›

While Coinbase does accept PayPal for withdrawals, it doesn't support PayPal as a payment method for buying cryptocurrency. The best way to purchase cryptocurrency on Coinbase is to link a bank account or debit card. Here's how to do it: Sign in to your Coinbase account and click on "Buy/Sell" from the top menu.

How do I withdraw crypto from PayPal? ›

Transferring crypto out of PayPal
  1. Select your chosen coin in the Crypto tab and use the transfers button to send your crypto out of PayPal into an external wallet. ...
  2. If your identity is verified, you can select “Send” and enter the wallet address where you want to send your crypto.
Oct 25, 2022

How much does Coinbase charge for PayPal? ›

There's no nice way to say this. Neither Coinbase nor PayPal are low-cost crypto platforms.
Transaction costPayPal feeCoinbase fee
$50 - $75$1.99$2.99
$75 - $200$2.49$2.99
$200 - $1,0001.8%1.5%
Over $1,0001.5%1.5%
4 more rows
Feb 20, 2023

How long does PayPal take to send crypto? ›

The money you receive from selling crypto will be available in your PayPal balance within seconds. As with all transactions, crypto sales are subject to review and could be delayed or stopped if there's an issue. Do I need a PayPal account to use this Cryptocurrency service?

How much Bitcoin can I buy on PayPal daily? ›

Standard transaction limits are as follows: Weekly purchase limit: $100,000.00 U.S. dollars. Weekly send limit: Crypto Assets totaling the equivalent of $10,000.00 U.S. dollars. Minimum “send” transfer amounts to other PayPal Cryptocurrencies Hubs: Crypto Assets totaling the equivalent of $0.01 U.S. dollar.

What is the USDT payment method? ›

What is Tether (USDT OMNI) payment? Tether payment allows customers to buy goods and services using the USDT OMNI stablecoin. Tether is the most popular stablecoin, which is pegged 1:1 to the US dollar. At the moment, stablecoin Tether is among the top 10 cryptocurrencies in terms of market capitalization.

How can I receive money in Usdt? ›

Receiving and Depositing Tether (USDT)
  1. Log in to your Paxful account and head to the Wallet page.
  2. Look for Tether (USDT) currency under Assets and click RECEIVE.
  3. From there, you can copy your Tether wallet address or use the QR code. Please make sure the amount you'll be receiving is worth more than the fee!
Feb 7, 2023

How do I deposit and withdraw Usdt? ›

Go to SETTINGS and select "Withdraw" menu.
  1. Select the network (TRC20, ERC20)
  2. Enter the correct address in "Receiving USDT Address" slot, where the withdrawn asset will be deposited.
  3. Enter the withdrawal amount. ...
  4. Upon completion of the email & Google Authentication, your withdrawal request will be submitted.

Which Wallet address can I use to withdraw Usdt? ›

If you enter an USDT-BEP20 address, please select BEP20 for withdrawal of your funds.

Which network is best for Usdt transfer? ›

USDT on Tron and Solana are the best options for payments. NOWPayments is a USDT payment gateway that helps merchants accept USDT as a payment method.

What network should I transfer Usdt on? ›

NOTE: Please ensure to transfer your USDT through the ERC-20 network only. NOTE: sending USDT to non USDT addresses is not possible, and will result in irreversible loss of funds.

Why won't PayPal let me withdraw money to my bank account? ›

There may be a limitation on your PayPal account that prevents the transfer. Remove the limitation to restore your full account functionality. Your debit card or bank account may not be eligible to process the instant transfer. Select a different bank or card that supports instant transfer from PayPal.

Why won't my PayPal let me withdraw money? ›

Could be a limitation placed on your account or you may need to go through a security check, so we can confirm your identity. Your debit card or bank account may not be eligible to process Instant Transfer or our security system may have detected unusual activity.

Why can't i withdraw on PayPal Coinbase? ›

PayPal only supports fiat transactions. Before allowing you to withdraw funds to your PayPal account, Coinbase transfers the cryptocurrency into your wallet. It converts it into the appropriate fiat currency, hence the two transactions.

What is PayPal Usdt? ›

Tether (USDT) is a stablecoin that is pegged to the value of the US dollar, meaning 1 USDT should always be worth $1. USDT has proven to be the most popular stablecoin, with a market cap of tens of billions of dollars.

Can I buy crypto to Binance through PayPal? ›

Buy Bitcoin on Binance P2P

You can choose PayPal as the method and also filter by amount and region. Click “Buy BTC” next to your chosen ad, enter how much you want, and follow the onscreen instructions to complete your payment through PayPal.

What is the difference between Usdt TRC20 and Usdt? ›

TRC20-USDT refers to USDT issued on the TRON network, and ERC20-USDT refers to USDT issued by Tether on the Ethereum network. The USDT issued on TRC20 and ERC20 are both identical, however, fees for transferring this USDT can often be cheaper on the Tron network using TRC20.

How do I withdraw money from PayPal without a bank account? ›

Can I withdraw money from PayPal without a bank account? Depending on your jurisdiction that your PayPal account is in, you can request a paper check to a destination of your choice, or you can withdraw your account balance to a PayPal Debit Card where you can then withdraw cash from any ATM.

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