PayPal accounts can directly purchase Bitcoin, but this is not supported in my country yet

Wirex Ltd., the London-based UK-based manufacturer of the E-Coin Bitcoin debit card, has launched a new initiative that allows users to buy Bitcoin using the E-Coin virtual Visa credit card and PayPal.

E-Coin users can use PayPal to buy Bitcoin in the following countries:

Bahamas, Bahrain, Botswana, Bulgaria, Chile, Croatia, Estonia, Georgia, Gibraltar, Honduras, Iceland, Indonesia, Israel, Italy, Jordan, Kazakhstan, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mauritius, Moldova, Morocco, Mozambique, Oman, Philippines, Romania, San Marino, Saudi Arabia, Senegal, Serbia, Slovakia, Slovenia, Turkey, United Arab Emirates and Uruguay. (But not China)

The following countries cannot receive plastic E-cards by post: Botswana, Honduras, Mozambique and Senegal.

Expanding the ways to buy Bitcoin

Wirex supports developing countries that have access to PayPal and hopes that this will give people in these countries the opportunity to buy Bitcoin using one of the world's most popular payment methods.

If users want to use PayPal to buy cryptocurrencies on the Wirex or E-Coin platforms, they must have a PayPal account from any of the supported countries on the list, as well as a Wirex or E-Coin account and an E-Coin virtual Visa debit card.

Users also need to spend a minimum of $3 to purchase their virtual Visa debit card and have a positive PayPal account balance.

Wirex does not charge a fee for this feature, but PayPal does charge a $5 fee for each transaction, and the minimum withdrawal amount is $10.

Once you have withdrawn funds from PayPal and deposited them to your E-Coin card, you can buy Bitcoin. Once the funds are in place, you can log into your E-Coin account and select "Buy Bitcoin".

Enter the amount of Bitcoin you want to buy, the minimum purchase amount is 0.01BTC. The funds will be deducted from your E-Coin card.

Wirex recently launched the first two-way Bitcoin debit card, which CNN previously reported on, allowing users to spend Bitcoin with their card in 130 countries where Visa and Mastercard are accepted.

JPM compiled from
Reddit, Wirex Enables Bitcoin Purchase via PayPal.