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How to Buy Bitcoin with PayPal (Buy Bitcoin on PayPal)iconip2014.org � Industry � Banking/Finance � Finance. How to Buy Bitcoin Directly on PayPal. Sign up for an account if you don't already use PayPal; Click on �Finances� on the top left, then �Crypto. At eToro, you can buy Bitcoin with PayPal in a fast, simple, and low-cost way. You first need to open an account and upload copy of your ID -.