Where to Buy Ripple with PayPal – Tutorial
In order to buy the Google's cryptocurrency called Ripple using your PayPal account, I recommend that you use eToro. It is a website on which you can buy Ripple with PayPal. You can also buy other cryptocurrencies like Bitcoin, Ethereum or Litecoin via this website. Or, you can also trade fiat currencies or stocks (stocks are not available for the US).
To be able to trade, you will first need to verify your eToro account. This is required by law because you will buy cryptocurrency in your own name. To verify your account, it is necessary to upload a legible copy of your ID card, passport or driving license. You will need to scan it or take a picture of it from both sides.
For a complete step-by-step tutorial on how to buy Ripple (XRP) with eToro, check out my other guide. Actually, it is a tutorial on how to buy Ethereum with eToro, but the process of purchasing Ripple is the same, you will only buy Ripple instead of Ethereum.
Advice: For a secure storage of your cryptocurrencies, I recommend that you use the hardware wallet from the Czech company Trezor.
* eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection.
Tax on profits may apply.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
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