Another way to get Bitcoin instantly via PayPal payment is a secured loan offered by the peer-to-peer Bitcoin lending site xCoins. Just like the two peer-to-peer sites described above, xCoins is a platform that brings together lenders and borrowers. If you want to learn more about this method, just visit the xCoins FAQ for more details.
First of all you need a Bitcoin address for receiving Bitcoin. You can either use an online wallet like SpectroCoin or download the official Bitcoin client Bitcoin Core. If you want to download the official client, you need to wait several hours after installation, until all necessary data (about 180 GB at the moment) is downloaded.
On the next screen all available offerings are shown.
Every user on the site gets a reputation score, which is calculated on the basis of positive and negative votes. Use this score to choose a reliable Bitcoin seller.
Bitcoin (BTC) is the first decentralized payment system featuring peer-to-peer blockchain technology. In the early 2009 the first block of the Bitcoin blockchain was mined and the network started working.
On mobile devices you can download the easy-to-use Bitcoin App for receiving and sending Bitcoin. With this app you can easily generate your own Bitcoin addresses and you can send Bitcoin by scanning a QR code or by copying the recipient’s Bitcoin address.
Initially, select your country if it’s not automatically detected.
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Click “show more” under the list and select PayPal as a payment method.
Guide on how to buy Bitcoins with the payment method you like to use. Check out this regularly updated list of reliable Bitcoin and crypto exchanges.