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??CRYPTO ANALYST EXPLAINS \There are two ways to purchase bitcoin using PayPal, by connecting your account to a debit card or bank account or by using the balance of the PayPal account to. Set up an account with a reputable cryptocurrency exchange. � Collect the documents needed to verify your identity for Know Your Customer (KYC) exchanges. � Get a. To invest in a Bitcoin ETF, you need a brokerage or online share trading account that gives you access to the exchanges your desired ETF trades.