How to buy Bitcoin Cash with PayPal
In late 2020, PayPal rocked the crypto world by announcing its support – finally! – for Bitcoin Cash and other cryptocurrency tokens. While many crypto buyers enjoy using the existing exchanges, PayPal’s Bitcoin Cash support means hundreds of millions of users now have an easier and less complicated way to get on the cryptocurrency gravy train. If you already use PayPal for everyday online purchases, now you can buy quickly, safely and easily with PayPal BCH.
Note, however, that PayPal does not allow users to send their Bitcoin funds as outbound transfers at startup. This is a temporary caveat on the service’s rollout, but it does mean PayPal’s BCH exchange for sports betting isn’t quite ready yet. As soon as these restrictions are lifted, this page will be updated accordingly.
In this case, if you want to buy Bitcoin Cash using PayPal, just log into your PayPal account and find the cryptocurrency section. From there, choose Bitcoin Cash (BCH) and buy as much Altcoin as you want. Once it’s added to your PayPal wallet, you can use the PayPal app to send BCH to the offshore legal betting website of your choice. This streamlined process will be a real game changer for sports betting and usher in a whole new generation of bettors that will benefit the entire community.
Don’t worry if PayPal later tries to restrict certain outgoing transfers and blocks the Bitcoin Cash receiving wallets of popular online betting websites. In that case, simply move your BCH to an online crypto exchange or dedicated bitcoin wallet, from where you can deposit your sports bets with no hassle or delays.