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5 Popular Payment Methods to Purchase Cryptocurrency
Cryptocurrency is an ideal approach for every other individual who wants financial independence to make huge assets. Once you’ve finally decided to give a sum of your precious efforts, money, and time into the largest profitable ecosystem present today, the very first thing you would need to do is choose a seller.
Hundreds of enthusiastic individuals daily take their first time in this highly volatile money-making platform but give up without choosing the right and most effective payment method.
Missing out on this very crucial step can make you’re all other steps futile and brings you back to where you started from. By choosing the right payment method to purchase your desired cryptocurrency, there comes a high surety of the safety, protection of your money.
The process of choosing a platform to buy cryptocurrency was a lot harder till a few years ago but today, the existence of highly advanced and best popular payment methods has made this job everyone's cup of tea. These payment methods work globally and can do money transactions from any corner of the world without interference of middlemen or other legal authorities.
To make your work easier, here we have listed down 5 popular payment methods to purchase cryptocurrency and save your time to focus on more important crypto than running into daily hassles of managing the payment method.
PayPal
PayPal tops the list for being the most popular, renowned, and widely used payment method all around the world for money transactions. From e-commerce to daily payments, payments have particular options for all kinds of payment methods with no glitches in between.
It can also be connected to users' Debit or credit cards and offers options like deposit, store, transfer, and withdrawal of your money at any time you want.
WeChat Pay
Launched in China, this payment method has an e-wallet that stores the money and allows transactions through bank accounts. It is widely used in China and considered a very secured and efficient payment method due to its protected network and faster patent mechanism.
Coinbase
Being a newly introduced payment method platform, Coinbase is ideally made for the payment transaction of crypto coins. It works great for receiving payment in digital currency and has more than 43 million verified users located in over 100 countries worldwide. It has very minimal flat-peer transaction fees and consists of coin-base vaults, various two-factor authentication to keep its assets safe and secure.
Coinmama
A similar name yet a slightly different function than the one mentioned above. Coinmama is known for its instant bitcoin purchases with options like fast account set up, quick verification, and credit or debit card usage.
Its charges range from 6% but worth it because of its exceptional options offered by the Coinmama community. Not only does it apply to easy log-in setup but also numerous perks to buying different digital currencies solely by your debit or credit card.
Bisq
Being a decentralized payment method, Bisq allows you to start using your account without any signup or log-in set up. It is one of the most easily accessible and commonly used payment methods for instant and small amount transactions or urgent basis.
Bisq is affiliated with some famous money-exchange platforms like Wepay, Zelle, Western union, and pop money to combine all the exclusive benefits in one single place. With transaction fees up to 0.50% to 0.70%, Bisq is proved to be an ideal choice to make your first crypto experience pleasurable.
Conclusion:
Working in a digital marketplace, you surely need to be the best in everything you choose and use. All of these 5 mentioned payment method platforms are not only rigorously tested but also have incredible reviews, high ratings, and satisfy users all around the clock.
To enlighten you, bitcoin has comparatively fewer payment methods but using our mentioned ones can help you with your largest profitable cryptocurrency in the long run. In that regard, the Bitpal crypto trading is worth giving an insight into and starting making money ASAP.
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