In 2023, there are three methods to buy Ethereum with PayPal: directly on the PayPal platform, on a cryptocurrency exchange, or using eToro. However, these options come with significant fees and limitations. Buying Ethereum directly on PayPal is only available for customers in the United States and its territories, excluding Hawaii. Cryptocurrency exchanges like Coinbase and Bitstamp accept PayPal, but charge substantial fees on crypto purchases. Lastly, eToro supports PayPal deposits, but users must first transfer coins to the eToro Money crypto wallet before withdrawing to an external wallet. Due to high fees, using PayPal to buy Ethereum may not be the most efficient option.