There are many crypto exchanges which lets you purchase Ethereum with PayPal, but Binance is the best Platform to buy Ethereum & other crypto coins. Here we will see how to use PayPal as payment method for completing the transaction.
The best thing is that your Binance account will be ready to use in minutes after the registration.
2. Create PayPal account and Get PayPal Master Card
Once you have the ready to use PayPal account, you can apply for free to use MasterCard which allows you to make online payments. Click this link to get free to use PayPal MasterCard.
3. Place buy order for Ethereum on Binance
Now once you have PayPal MasterCard and Binance account ready, you can follow the below steps to place your order.
Login to your Binance account and go to Markets section.
Search for Ethereum and select the cash option.
Now enter coin quantity along with the price quotation.
Click on Buy button and provide the PayPal credit card details for payment.
You will get the Ethereum coins.
4. That is it. You will get Ethereum coins in virtual wallet
Once the transaction is completed, the coins will be credited to your virtual Ethereum wallet. You can keep it in your Binance wallet, transfer it to physical wallet or any other virtual address of your choice.
So crypto lovers, if you are unable to trade on Coinbase because of any reason, here i get you a list of Alternatives to the Coinbase exchange. The trading platforms which i am going to tell you about are the filtered list of data considering the best possible parameters for you. I have specifically taken the trading places which will be the second option to Coinbase and will be cost effective and even more reliable too.
The alternatives to coinbase
Alternatives to Coinbase
Binance
The Binance as coinbase alternative number 1
Binance is a China based Crypto exchange which was started in 2017. It is the top most used crypto exchanges all over the world. The China Origin makes the exchange safest place to trade the cryptocurrency.
To add to this, they have wonderful apps for Android and iOS users which help in trading on the go as well as a discounted fee feature if you use their BNB native tokens to pay for the trading fees.
Cryptopia
cryptopia the second coinbase alternative
The Cryptopia is New Zealand based crypto exchange that is very popular in crypto trading countries. Just like Binance, Cryptopia is loaded with different crypto coins.
Overall, I quite like Cryptopia. I can see why it gets mixed reviews from users in the crypto space – it doesn’t have the prettiest interface, and because of their less-than-stellar marketing the whole brand can come across as a bit amateurish.
However, having personally met members of the Cryptopia team I can say that they are a genuine bunch of people who are working hard to develop a good platform in a very difficult space.
This is a platform that will let you purchase the coins directly with your credit card. The best way to buy coins if you need to buy them immediately. The best thing is you can use Coinmama with conjunction of Binance as well.
Coinmama is digital financial service company operating in the cryptosphere ever since 2013. It has gained a lot of respect in this space, owing to the safe and fast access to digital currencies like Bitcoin and Ethereum.
Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel.
It is a centralized service with a large user base of over a million satisfied customers. The large user base is a result of the number of countries it supports worldwide – over 200!
It was one of the first Bitcoin trading platforms to appear. It was founded in London in 2013 as a BTC exchange and cloud mining provider. Its mining pool known as Ghash.io was so big it held 42 percent of the total network mining power at some point.
Ghash.io has closed its operations in 2015 and CEX.IO continues to operate solely as a Bitcoin exchange. Users from all around the world can trade on the platform, as the company provides services in 99 percent of the countries and 25 states in the USA.
Binance is the best available coinbase alternative. I personally hold more than 90% of the holdings in binance. Even if the crypto currency gets banned in your country, it is not going to be banned in China. Hence i am associated with Binance. The minimum transaction charges and availability of almost 99% of the good coins, the exchange is perfect place to register.
Set strong, different and hard to guess passwords for all sites
Do not use any exchange wallet as a permanent wallet.
That’s it for today. I will be back with another interesting, informative article soon. If you know of other reliable Coinbase alternative, do let me know in the comment section below.
