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How to Buy Bitcoin on PayPalYes. Though it requires a debit card or a bank transfer, Coinbase allows you to buy Bitcoin, as well as sell and withdraw the balance to your. 2. Coinbase Coinbase is one of the most popular crypto exchanges, so it's no surprise that you can buy Bitcoin using PayPal on this platform. Currently, only US customers are able to buy Bitcoin or add US dollars using PayPal. All other customers are only able to use PayPal to cash out or sell, and.