Are you considering buying PayPal stock, but unsure about what to do? To acquire shares in the company PayPal, it is necessary to go through a specialized platform. Here's a simple guide to quickly acquiring PYPL stock in 2024.
Where to buy PayPal shares?
Are you considering buying PayPal company stock?but you don't know on which platform?
Here is a selection of 4 platforms (all regulated by European regulatory authorities) where you can buy PayPal shares:
🖥️ Platform | 💵 Costs | 💰 Pay dividends? | ⭐ Our opinion on the platform | 🔗 Register on the platform |
🥇eToro | Only the spread | According to the actions | Our opinion on eToro |
eToro Investing in cryptocurrencies is offered by eToro (Europe) Ltd as a PSAN registered with the AMF. Investing in cryptoassets is very volatile. There is no consumer protection. |
🥈 Trade Republic | 1 € per transaction and the spread | According to the actions | Our opinion on Trade Republic |
TradeRepublic |
🥉Bitpanda | Only the spread | Yes | Our opinion on Bitpanda |
Bitpanda |
XTB | Only the spread | Depending on the actions and charges a commission | Our opinion on XTB |
XTB |
Easy to use, the eToro platform is recommended for beginners and will meet all of your expectations regarding the acquisition of PayPal shares.
Buy stocks on eToro
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. 51% of retail investor accounts lose money trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. You will never lose more than the amount invested in each position. (learn more)
🤔 Want to know more about the steps to buy PYPL shares with eToro? Follow our guide👇
Guide to buying PayPal stock on eToro
How to register on eToro?
Established in 2017, the eToro platform stands as a pioneer in the field of online investment. It provides the opportunity to invest in a wide range of financial instruments, including stocks, ETFs, Forex, commodities and even cryptocurrencies.
To open an account on eToropress the button below (affiliate link). Then, once on the eToro home page, click on the “ Start investing » positioned at the bottom left:
Buy stocks on eToro
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. 51% of retail investor accounts lose money trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. You will never lose more than the amount invested in each position. (learn more)
Once directed to the eToro registration page, you have the option to register using your Facebook or Google (Gmail) account. You can also choose a more traditional registration method by providing a nickname, email address and strong password.
To finalize your registration on the eToro platform and purchase PayPal sharesyou will now be required to provide additional details regarding your identity: provide an identity document, validate a telephone number, and respond to a brief questionnaire. eToro complies with French regulations, making this step essential.
🤔 Need a more detailed guide? Here's how to open an account on eToro step by step
After activating your eToro account, you can credit euros to acquire PYPL shares. To do this, click on the “ Deposit of funds », located at the bottom left of the interface.
It is essential to note that the amount displayed on eToro is in US dollars, and all transactions take place in this currency. However, don't worry: if you deposit in euros, the conversion to US dollars is done automatically.
In order to fund your eToro account with euros, you have the choice between 2 options: bank transfer or credit card. To guide you in your choice, here is a description of the particularities associated with each payment method on eToro:
💳 Bank card | 🏦 Bank transfer | |
Minimum amount (1st deposit) | $100 | $500 |
Costs | None | None |
Execution | Instant | 4 to 7 working days |
Do you have doubts about how to fund your eToro account? For a complete guide, choose the tab corresponding to your desired payment method:
Buy stocks on eToro
CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. 51% of retail investor accounts lose money trading CFDs with this provider. You need to know if you understand how CFDs work and if you can afford to lose your money. You will never lose more than the amount invested in each position. (learn more)
Get PayPal shares in just a few clicks
Do you now have euros in your eToro account? You can then proceed to purchase PayPal shares. To do this, in the platform search bar, enter “ PayPal ” Or ” PYPL » then click on “Invest”.
A new screen will appear, displaying the price of one PayPal stock. You can specify the amount you want to invest, for example $10. By pressing “ Open position », you begin the procedure for acquiring PayPal shares.
You now hold a CFD on PayPal shares. This means that even if you do not have physical title to PayPal stock, you will be subject to fluctuations in its value in the market.
If you are new to investing, it is recommended to avoid the use of leverage. Keep the x1 parameter to limit the dangers associated with this financial mechanism.
💡 Please note: although eToro displays values in dollars, your orders are carried out in euros. The conversion is done automatically at the time of the operation.
FAQ: Frequently asked questions about PayPal action
✅ What is PayPal?
PayPal is a global technology company specializing in online payments and money transfer solutions. Founded in 1998, the company offers a digital payments platform that allows individuals and businesses to send, receive and manage funds in many currencies internationally.
✅ Who are PayPal's main competitors?
PayPal's main competitors include payment giants like Square, Wise and Stripe. Each of these companies offers services similar to PayPal, facilitating online payments, money transfer and digital transactions for individuals and businesses.
✅ Does PayPal pay dividends to its shareholders?
No, PayPal does not currently pay dividends to its shareholders.
✅ Is PayPal stock in the S&P 500?
Yes, PayPal is part of the S&P 500 index, which includes the 500 largest companies listed in the United States.
The #1 Crypto Newsletter 🍞
Receive a summary of crypto news every day by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products or services. Some links in this article may be affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no harm to you and you can even get a bonus using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.