Crypto trading is here to stay, with hundreds of new users flooding the space daily. Every crypto journey, however, begins with buying a few digital assets using fast and secure payment methods like NayaPay. Interestingly, NayaPay does more than crypto-related purchases: it also allows you to control your fiat currencies and puts financial transactions at your fingertips. In this article, we will discuss NayaPay and explain how to leverage the payment method to buy Bitcoin and crypto.
Can I Buy Bitcoin and Crypto With NayaPay?
Yes, crypto traders in Pakistan and other parts of the world can buy BTC, SOL, TON, and other cryptocurrencies using NayaPay. The platform also offers several other services, including virtual and physical visa cards, free local transfers, bill payments, and many more. With its user-friendly interface, NayaPay allows users to effortlessly make online payments, manage funds, and delve into the intriguing world of crypto trading. Regarding crypto purchases, there are different ways to get the job done using NayaPay.
Firstly, you can leverage NayaPay’s integration with Visa—through the NayaPay Visa card to buy crypto on your selected exchange or fund your crypto wallet. The much easier way, though, is through Binance P2P. Binance, being the largest crypto exchange, supports NayaPay as a payment method for peer-to-peer crypto trading on the exchange. Start by creating an account on Binance, complete the necessary verification checks, and follow the steps below to buy Bitcoin and crypto with NayaPay.
How To Buy Bitcoin and Crypto Using NayaPay on Binance
To buy crypto assets on Binance P2P using NayaPay, you must also have a pre-registered account with the NayaPay banking platform as well as a verified Binance account. Head over to Binance via the link below to create and fund your account, then follow the steps below to buy Bitcoin and crypto:
- Log into your newly created Binance account via the app or website. On the homepage, click Trade » P2P Transfer or tap the P2P icon on the Binance services ribbon.
- Choose BTC or any other crypto you want to buy, and select PKR or your preferred currency.
- Select NayaPay as your Payment Method, and Binance will automatically refresh the list of crypto sellers to fit your filter.
- Choose a seller selling crypto at a favorable price and accept transfers via NayaPay. Include the amount of crypto you want to buy, review the transaction details, and proceed.
- Head to the NayaPay website/app to transfer funds into the seller’s account and confirm the transaction you’ve sent the funds.
Within a few seconds to about 5 minutes, the seller will release the exact amount of crypto into your Binance account.
Fees When Buying Bitcoin and Crypto Using NayaPay on Binance
Buying crypto with NayaPay on Binance P2P does not attract extra transaction fees, making it a swift, secure, and cost-effective option. However, Binance charges additional fees on several other crypto transactions, such as card processing fees (up to 1.8%) and international crypto transactions, among others. Likewise, Bitcoin and crypto sellers usually peg their selling price slightly above the current market price to make a profit. So, you are advised to review Binance’s crypto transaction fee policy before initiating trade using payment methods like NayaPay.
About NayaPay
NayaPay is a digital banking service provider, mainly operational in Pakistan. It is your one-stop digital wallet, allowing you to transfer funds, pay bills, and make transactions on the go! It also grants users a pathway to diving into the crypto community by integrating with companies like Visa and major crypto exchanges as a payment option for crypto purchases. You can access most of NayaPay’s services on her website or simply download the app on your device’s store for free.
Bottom Line
With NayaPay, you have unhinged control over your assets, either fiat or digital. Using the simple steps highlighted above, you can buy BTC or any crypto of your choice via a NayaPay Visa card or on your preferred exchange. Hurry now; create a Binance account and get that digital asset using NayaPay today.
