How to buy Bitcoin using payment apps

You can purchase Bitcoin using apps like PayPal, Cash App, and Venmo
An undated image of Bitcoin. — Unsplash
An undated image of Bitcoin. — Unsplash

Bitcoin is recognised as a solid investment for long-term value preservation. If you are thinking of investing in Bitcoin or using it as an alternative currency to pay for services, it's now easier than ever to buy Bitcoin safely.

You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Venmo, order it on an exchange like stocks, or even buy it in person.

Here, we will guide you on how to buy Bitcoin using payment apps.

How to buy Bitcoin using payment apps

PayPal

If you have a PayPal account, buying Bitcoin is easy.

  1. Tap the ‘Finances’ button in the PayPal app.
  2. Tap Crypto.
  3. Select Bitcoin and click on Buy.
  4. Enter the amount you want to purchase and follow the on-screen instructions to complete your payment.
  5. Once you have bought Bitcoin, you can store it in your account, keep track of its price, and sell it anytime.

Venmo

Using Venmo also makes it easy to purchase Bitcoin using your balance, debit card, or bank account.

  1. Tap the Crypto option.
  2. Select Bitcoin and enter the amount.
  3. Follow the on-screen instructions to process your payment.
  4. You can store your Bitcoin in Venmo or transfer it to another wallet.

Cash App

If you want an easy way to buy Bitcoin from your phone, Cash App is a great choice. In addition to buying Bitcoin, you can also place advance orders using Cash App.

  1. Tap the Bitcoin tab.
  2. Select Buy BTC and choose an amount.
  3. Follow the instructions to purchase.

By following these steps, you can easily and safely buy Bitcoin using these popular payment apps.