Due to increased rate of cancellations with Moneygram and similar instant transfer systems, we have to switch to cryptocurrency (Bitcoin,etc.). It is more convenient and reliable, therefore we encourage you to use this payment method by 5% discount.
Luckily, nowadays buying cryptocurrency is as easy as ordering pizza. In this article we will discuss the easiest way to buy bitcoin with cash, debit or credit card, virtual money or other payment methods.
Bitcoin ATMs
This is probably the simplest way to buy bitcoins with cash
- Visit the following website https://coinatmradar.com/bitcoin-atm-near-me/ to find nearest ATM
- Choose cryptocurrency you need (e.g. Bitcoin, Etherium or else)
- Choose the option $20 – $1999
- Go through phone number verification
- Select the “Scan wallet QR code” or input it manually (in the last case make sure that you input it correctly – don’t mistake “zero” for “O”, “el” for “ai”, also it is case sensitive)
- Get QR code on your mobile screen and let the scanner read it
- Choose the amount you want to spend and insert bills
- Press Finish and get receipt
Arrange a transfer to your own wallet or Bitcoin address we provide in email.
Please include the ATM’s fees when you need to pay precise amount of money.
Here is detailed video instruction of how to purchase bitcoin
Using QR scan https://www.youtube.com/watch?v=Fv4P2YdgMKY
Some ATMs may require additional ID verification (e.g. driver’s license) which depends on the type of ATM, your location and the amount you spend.
P2P Exchanges
P2P Exchange (e.g. Localbitcoins , Paxful ) is a market place for buyer and seller to meet each other. It works in the following way – the service withdraws the amount of bitcoins you want to buy from the seller and releases it to your account as soon as you pay and the seller confirms the payment. It is important to note that you must do your payment within the time frame of the deal (which is 90 minutes or more).
The major advantage of P2P exchange is that you can use 300+ payment methods to buy bitcoins (!!!), which include both fiat money and virtual money (Bank transfer, debit/credit card, online wallets, gift cards and so on). Besides, you can choose the seller with low fees.
So, what you need to do:
- Get registered on the P2P Exchange website
- Choose the payment method and amount of cryptocurrency you want to buy
- Choose the vendor (pay attention to his rating, time of response and requirements)
- Send the message to vendor to make sure he is alive
- Pay the deal, press the button confirming that deal is paid and send the message to the vendor
- If everything is ok, the service releases the amount to your account
- Make transfer from account to your bitcoin wallet or directly to Bitcoin address we provide in email.
Please include the fees when you need to pay precise amount of money. Order confirmation will be sent onto your email while transfer status could be seen at some public blockchain explorer site.
Here is detailed video instruction of how to use such services.
Localbitcoins: https://www.youtube.com/watch?v=hzHLeeU1tFE
Paxful: https://www.youtube.com/watch?v=EjB5qFW0bJ8
Online Bitcoin Exchange
This is a digital platform (e.g. Bitpanda, Coinbase, Gemini, etc) where you can change fiat money for Bitcoin. It is simple and suitable for beginners. Unlike “P2P exchange” it has limited payment methods (bank transfer, debit or credit card) and fixed fee (from low to average).
So, what you need to do:
- Sign up
- Verify your identity (it may take a couple of days)
- Choose the currency (e.g. Bitcoin) and payment method (credit card or bank transfer). Note that unlike credit/debit card, bank transfer may take several days.
- Pay the deal and get bitcoins to your personal account
- Withdraw bitcoins from account to your wallet or directly to Bitcoin address we provide in email
Please include the fees when you need to pay precise amount of money. Order confirmation will be sent onto your email while transfer status could be seen at some public blockchain explorer site.
Here is detailed instruction of how to buy bitcoin
on Bitpanda https://legalgear.net/buy-bitcoins-via-bitpanda/
on Coinbase https://www.youtube.com/watch?v=pTYLxGeLUEk
Once registered, it is getting easier to pay for your next order, which is the perfect solution for loyal customers. Moreover, installing mobile App provides you the freedom to arrange payment anytime from anywhere.
Welcome to the era of digital cash, folks)