People like to use PayPal mostly because it’s easy to use and their fast service. Not to mention the security provided because it encrypts users’ bank information. There are a lot of trading apps that accept PayPal payments for trading purposes.
Popular Trading Apps That Accept PayPal
Users that have a PayPal account don’t need to give credit card or bank account information to the platform. Makes the trades more secure and easy for users. Here are some popular trading apps available on Apps/Playstore that accept PayPal:
1. Coinbase
This is the most popular crypto exchanges for all types of investors and the app is easy to use. At users’ Coinbase accounts tap the “Add a payment method” menu. Then, choose PayPal and users will be taken to the PayPal login screen.
Once logged in, select the bank accounts to use. Then enter the payment process. PayPal purchases on Coinbase can be made up to $25k per day. Use the same email address for easier authentication.
2. eToro
This app will help users trades a wide range of different markets. Such as Foreign Exchange, Crypto, Commodities, or Shares. eToro accepts PayPal for deposits and withdrawals. Log in to the eToro account and select the trade user wants to make.
Then, choose how much you want to buy and go to “Deposit” button. Set PayPal as the deposit method. Users can use this method for all transactions. eToro doesn’t charge extra fees for funding trade accounts with PayPal.
3. Markets.com
This app will help users trade CFDs, Metals, Cryptocurrency, ETFs and 11 different Currencies. Markets.com is a global brand and operates through different trading markets. It accepts PayPal for deposits and withdrawals. The minimum deposit is $100.
4. Webull
If users prefer stock trading then Webull is the right app. Plus, it deals with exchange-traded funds, options, margins and cryptocurrencies. Commission-free, no minimum deposit and easy to use. Webull also accepts PayPal for deposits and withdrawals.
5. IC Markets
This platform is a good broker for trading online CFDs on Foreign Exchange, Stocks. Suitable for investors who trade on the Meta Trader platform. To open a trading account requires a deposit of $200. It accepts PayPal for trade transactions.
6. AvaTrade
This app deals with CFDs, Foreign Exchange and Cryptocurrency trading. It provides a demo account and research tools to try. Users can use PayPal to deposit and withdraw funds. The minimum deposit is $100 and is commission-free.
Reason for Using PayPal for Trading
A lot of benefits come from using PayPal for funding users in trading. The best features are that PayPal is secure and fast. It has end-to-end encryption to secure any transaction made. Here are some advantages of using PayPal:
● It’s safer because PayPal has a good system for protecting transaction and account details.
● Easier to use because users only need to enter their PayPal email addresses rather than details of account information.
● Prevent scams and get a refund policy.
● Fast service. Users can make instant deposits or withdrawals for trading purposes.
● Has diverse financing options.
There are a lot of trading apps that accept PayPal due to many advantages it provides. Especially if users deal with rapidly changing trading markets. PayPal’s express service can securely support users’ financial needs.