Paddy Digital

Bitcoin-Enabled PayPal Account For Nigeria

In November 2020, PayPal announced that all account holders in the US would be able to buy and sell cryptocurrencies including Bitcoin through its platform.

Crypto-PayPal

In November 2020, PayPal announced that all account holders in the US would be able to buy and sell crypto currencies including Bitcoin through its platform. PayPal now allows transactions of Bitcoin, Ethereum, Bitcoin Cash and Litecoin within the PayPal digital wallet.
We are pleased to announce that all eligible Crypto-enabled PayPal account holders in Nigeria can now buy, hold and sell crypto currency directly with PayPal.

Bitcoin-PayPal In Nigeria

We are pleased to announce that all eligible Crypto-enabled PayPal account holders in Nigeria can now buy, hold and sell crypto currency directly with PayPal. To be able to transact bitcoin with PayPal in Nigeria, first, you need a verified PayPal account, activated for Bitcoin transactions.

Bitcoin-Enabled PayPal Video

For those who want to buy Bitcoin using PayPal, but retain the freedom to move their crypto as they wish, there are some workarounds available. There are a few options you can choose when it comes to buying cryptocurrency with PayPal.

You can use a peer-to-peer marketplace to buy Bitcoin with PayPal. Both LocalBitcoins and Paxful are peer-to-peer marketplaces that match buyers with sellers directly. These exchanges allow sellers to set their own exchange rates and payment methods. Not all sellers accept PayPal, but you can filter a search of online sellers by payment method to pick one who does.

xCoins is another exchange site; it started out as a peer-to-peer lending platform that connected Bitcoin lenders to borrowers. It uses PayPal to allow people to exchange money for a “secured loan” of Bitcoins. Any registered user may borrow or lend Bitcoin; xCoins.io matches a borrowing request with a lender. A borrower then pays the lender a sum plus interest using PayPal. Once confirmed, Bitcoin is transferred between the wallets of the lender and borrower.

To be able to transact bitcoin in Nigeria, first, you need a verified PayPal account, enabled for Bitcoin transactions. If you don’t have one, we can set one up for you with instructions and guidelines on how to operate it in Nigeria without limitations or restrictions. Contact us for your Bitcoin-enabled PayPal account today: Whatsapp Chat, Telegram or Voice Call +2348027229678