Updated: Nov 25, 2024 7 minutes read
Can I buy FTX Token (FTT) using PayPal? Wondering where to buy FTX Token with PayPal?
This guide will explain in detail how to buy FTX Token with PayPal instantly in 2024.
Best Way to Buy FTX Token (FTT) with PayPal
Due to the limitations of PayPal, the best way to buy FTX Token with PayPal is to buy Bitcoin in the P2P marketplace, and then convert Bitcoin to FTX Token in crypto exchange.
For peer-to-peer (P2P) marketplace, we suggest using Paxful to buy Bitcoin (BTC) with PayPal. Paxful is the most popular cryptocurrency P2P platform in the world.
Info: Paxful provides trade escrow service to protect Bitcoin buyers.
After that, you can convert the BTC to (FTT) in Binance, which is the world's largest cryptocurrency exchange platform.
Info: Binance is the biggest crypto exchange in terms of daily trade volume.
Step-by-Step Guide: Buy FTX Token using PayPal
In this section, we will describe the steps and tips on how to buy FTX Token (FTT) with PayPal in 2024.
Step 1. Create Binance Free Account
Create a Binance Free Account by completing this registration form.
Then, in Personal Verification Page, press "Start Now" to complete the process.
Step 2. Create Paxful Free Account
Create Paxful Free Account, by pressing the "Register" button in the top right to fill in the form.
In Account Verification Page, complete the email, phone and ID verification.
These verifications are straightforward, and you could refer to Account Verification Guides.
Tips: Many Paxful sellers only accept trades from buyers with ID-verified, and they normally provide better rates.
Step 3. Buy Bitcoin (BTC) with PayPal in Paxful
In Paxful Homepage, press "Show all" button to select "PayPal" as the payment method, and then press "Find Offers".
Check the offer list to find a trusted Bitcoin seller which is online now, and then press "Buy" button.
Tips: Sellers with a "Trusted" badge are power traders, corporate accounts or ambassadors.
Read the offer terms, and check the trader's verification level, feedbacks and average trade speed.
Tips: Recommend seller with ID verified, over 50 positive feedbacks, and under 15 mins trade speed.
Enter the purchase amount you want, and then press "Buy now" button.
Once the transaction started, read the trade instructions carefully. Some sellers need some steps or confirmation before the payment.
Tips: Only use Paxful chat in the trade (not Skype, Whatsapp or email) in case of a dispute.
Follow the trade instruction to make the payment in PayPal within the time allowed, and then press "I have paid" button for the seller to release the Bitcoin (BTC) to your Paxful wallet.
Tips: If there is any conflict, click "Dispute" to let moderators settle the issue.
Step 4. Transfer BTC from Paxful to Binance Wallet
In Binance Deposit Crypto Page, select "BTC" for network, and then copy the wallet address string.
In Paxful Wallet Page, press "Send" button in Bitcoin wallet. In the popup, enter the BTC amount and paste the address string of the Binance BTC Wallet.
After pressing "Continue" in the above page, you can double-check the details and proceed with the Bitcoin sending process.
You can check the transaction status in Binance Transaction History Page after the Bitcoin sending process.
For more information, you may refer to these official help documents:
Step 5. Convert BTC to FTX Token in Binance
In Binance Convert Page, enter the amount of Bitcoin in the "From" field, and then select FTT in the dropdown in "To" field to proceed the BTC exchange.
If FTT is not present in the dropdown list on the above page, you need to use Spot Trading on the trading pair of FTT/BTC as described in the support documents:
Buying FTX Token with Over 350 Payment Methods
Besides PayPal, you can to buy FTX Token (FTT) with 350+ payments options via a Peer-to-Peer (P2P) cryptocurrency market.
[Update] Paxful keeps adding new payment methods, and there are over 450 payment methods to buy Bitcoin, Tether and Ethereum.
We recommend using Paxful, which is the world's most famous P2P crypto marketplace.
You can buy Bitcoin (BTC) with these payment methods in Paxful, and then convert it to FTX Token in Binance:
- Credit Card & Debit Card: Bank Card, Prepaid Card, Check Card...
- Bank Transfer: Local Bank, SWIFT, Wise, Western Union...
- Online Wallet: Skrill, Revolut, Sofort, WeChat Pay...
- Gift Card: Amazon, eBay, Apple, Google Play...
- Others: Fiat Currency, Cash Deposit, Cash in Person...
Tips: To protect Bitcoin buyers, Paxful provides trade escrow service for P2P transactions.
Besides FTT, Can I Buy Other Cryptocurrencies with PayPal?
Yes, you can buy over 300 digital currencies with PayPal by following the Step-by-Step Guide in the previous section except for the last step. You need to convert or do spot trade BTC in the related crypto pair in Binance.
In Binance, crypto investors can exchange BTC to popular crypto assets like Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Axie Infinity (AXS), Polygon (MATIC), Dogecoin (DOGE) and SHIBA INU (SHIB).
You can check the List of Supported Cryptocurrencies in Binance.
Info: You may transfer crypto coins to hardware wallets from Binance for offline storage.
FAQ: Frequently Asked Questions
What is the Transaction Fee on Buying FTX Token with PayPal?
Paxful does not charge any trading fee for a buyer to purchase Bitcoin (BTC) with PayPal, while PayPal may charge a service fee in some cases (eg. Pay via Family and Friend).
There is a processing fee when you send BTC from Paxful to Binance cryptocurrency wallet. You could check Paxful Fee Page for more details.
To convert or spot trade BTC to FTT, Binance charges around 0.1% as the processing fee added to the real time exchange rate. You can refer to the Binance Fee Rate Page.
Can I Buy FTX Token via PayPal without A Lot Of Money?
Yes, you can purchase Bitcoin (BTC) with PayPal in Paxful at as low as US$10, while we suggest starting from US$30 as most sellers accept transactions from this value.
After that, you can send the BTC from Paxful to Binance digital wallet and then convert or spot trade BTC to FTT in Binance.
Before crypto purchase and crypto trading, please estimate the investment's risk and objectives, and request independent financial advice if necessary.
Can I Purchase FTX Token using PayPal without ID Verification?
Wondering can I buy FTX Token with PayPal privately and anonymously? It depends on your location, while we suggest completing it if possible to get accepted by more sellers and get a better rate.
Paxful requires users from USA, Canada, UK and Australia to complete ID verification due to the Know Your Customer compliance and regulations of financial institutions.
You can refer to this Paxful page: What Countries Require ID Verification?
Is it Safe to Purchase FTX Token (FTT) with PayPal?
Yes, it is safe as Paxful provides Escrow Buyer Protection when you buy Bitcoin (BTC) with PayPal. And then you can transfer and convert BTC to FTT in Binance, which is the world's largest crypto exchange.
When the transaction starts, the escrow service will hold the BTC from sellers until the trade is completed or canceled. If something goes wrong, moderators will investigate it to solve the dispute.
Also, every Bitcoin seller in Paxful is required to complete ID, email and phone number verifications to provide security and reliability. You can check their past trading feedback to choose a suitable seller.
Summary
Inspired by Elon Musk (founder of Tesla), more and more people are interested in blockchain technology, crypto market and digital asset such as Bitcoin, Ethereum and FTX Token.
While some investors have trouble in cryptocurrency investments due to the limitations of their countries, bank accounts, crypto platforms, brokers and crypto wallets.
In this article, we have covered how to buy Bitcoin with PayPal in Paxful, how to transfer BTC from Paxful to Binance wallet, and how to convert BTC to FTT in Binance.