Bitcoin is the first decentralized digital currency and the leading cryptocurrency worldwide. Bitcoin serves as a store of value and is therefore often referred to as digital gold.

Bitcoin can be bought on bitcoin exchanges and CFD platforms on the internet.

Bitcoin can be bought from a few providers with PayPal. These are usually CFD platforms that can be used to trade many other securities ​​such as stocks and options as well.

You can buy Bitcoin on CFD platforms with PayPal. With some of these providers, the investment is made in Bitcoin itself, with other providers in CFDs that reflect the price of bitcoin. When making a purchase, the platform indicates whether you are investing in Bitcoin itself or in CFDs.

A bitcoin exchange is a marketplace where buyers and sellers trade bitcoins. Just like regular stock exchanges, a bitcoin exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found.

Unfortunately, PayPal excludes bitcoin exchanges from using their platform. Therefore, only CFD platforms can offer PayPal as a payment method for bitcoin.