Your guide: How to Buy Crypto with Western Union?
Every day, cryptocurrency gets easier to get, and there are now lots of ways to buy digital goods. Using Western Union is one way that is becoming more popular. You can use Western Union to buy cryptocurrencies. This guide will show you how to do it step by step. It’s not that hard!
Keep reading to find out more.
Also read: Trump Says US Must Lead Crypto to Avoid BRICS Takeover
Why Should You Use Western Union?
The Western Union payment method is well-known and safe. It lets you send money quickly and safely. People who don’t have access to standard banking services or don’t want to use their bank accounts for these kinds of transactions may find Western Union to be a convenient way to buy cryptocurrency.
Make an account
Before you can use Western Union to buy crypto, you need to sign up for an account on a coin exchange that takes Western Union. Choose the trade that works best for you from the ones that offer this service. Paxful, LocalBitcoins and Binance P2P are all popular choices.
How to Sign Up
Sign up for the exchange by going to its website giving your email address and making a password.
Check Your Identity
Most trades will need you to prove who you are in some way. This step is very important for safety reasons.
Pick out your cryptocurrency
There are many cryptocurrencies you can buy once your account is set up and safe. While Bitcoin is the most popular cryptocurrency bought with Western Union, many exchanges also offer Ethereum and Litecoin. Find the part of the exchange where you can choose the coin you want to buy. Pick out a price and type it in.
Also read: BRICS: Iraq Sides With US, Halts All Chinese Yuan Transactions
Begin a Deal
You need to start a trade once you’ve chosen your coin. To do this, you need to find a seller who takes Western Union as payment. Look through the list of sellers and pick one that has a lot of positive reviews and a lot of transactions. Enter the amount you want to buy when you click on the seller’s page to start a trade.
Pay the bill
The trade has begun, and it’s time to send the money through Western Union. The seller will give you their payment information, which will include their name and where they live. You can send the money by going to a Western Union store or using their website.
After you’ve paid, send a receipt or transaction number to the cryptocurrency exchange to prove that you made the payment.
To Get Your Crypto
The cryptocurrency will be sent to your account as soon as the seller confirms that they have received the payment. Make sure you give the right wallet address so that the cryptocurrency can be sent there.
Once the seller drops the cryptocurrency, it should show up in your exchange wallet.
Conclusion
It’s easy to buy cryptocurrency through Western Union. All you have to do is make an account, choose the cryptocurrency you want to buy, start a trade, send payment, and receive your cryptocurrency. This is a safe and secure way to buy cryptocurrencies, especially for people who don’t want to use standard banking methods.
Before you start a deal, always check the seller’s reputation and past transactions. By doing these things, you can buy cryptocurrencies with Western Union without worrying, and you’ll be able to join the growing group of people who are interested in them. Have fun trading!