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Should You Buy Bitcoin with PayPal?Choose an amount and frequency (Daily, Weekly, Biweekly, or Monthly.) Frequency will default to One-time. With the Kraken exchange, users can buy Bitcoin instantly with a PayPal account. This popular trading platform was founded in and launched. Here's how to buy Bitcoin using PayPal � Create an account at eToro and log in. � Go to the cryptocurrency page and select Bitcoin or use the search bar. � You'll.