For African crypto enthusiasts and those in several parts of the world, Ezipay is a fast, safe, and secure way to purchase Bitcoin and other cryptocurrencies. Ezipay facilitates cross-border transfers and provides solutions for diverse financial needs, including crypto purchases. The platform offers money transfers to several supported banks to buy crypto from peer-to-peer sellers. Follow the guide in this post to buy Bitcoin and crypto using Ezipay’s digital banking service.
Can I Buy Bitcoin and Crypto With Ezipay?
Yes, you can purchase BTC, SOL, ETH, and other digital assets you want to invest in using the Ezipay mobile bank. Interestingly, Ezipay offers more than just crypto purchase opportunities. For instance, Ezipay Africa (a part of Ezipay Global) allows users of several African banks to transfer money across other African banks. The platform also offers diverse services like multicurrency wallets, low transaction fees, and integration with various financial platforms.
However, note that Ezipay doesn’t support direct crypto purchases on the app. Instead, you can access it as a payment method for purchases on crypto exchanges, such as Binance. This way, you can use Ezipay to transfer funds to crypto sellers using mobile wallets like Orange Money, M-Pesa, Tigo Cash, and many more.
Step-by-Step Guide to Buy Bitcoin and Crypto Using Ezipay on Binance
You must complete the mandatory KYC verification to access all features, including peer-to-peer trading on Binance. Once your Binance account is verified, follow the steps below to buy Bitcoin and crypto using Ezipay on Binance P2P:
- Launch the Binance app/website and log in to your account. Then click the P2P icon on the Binance homepage to open the peer-to-peer trading section.
- On the Buy page, choose BTC or any cryptocurrency you want to purchase and set your preferred currency.
- Next, Filter the payment options to select one that is supported by Ezipay (M-Pesa, MTN Mobile Money, Tigo Cash, etc.).
- Browse the list of sellers and select one with a high trade completion ratio and reasonable selling rates. Input the amount of crypto you want to buy, then copy the seller’s account details to make the transfer.
- Open your Ezipay app and enter the seller’s account and amount. Transfer the specified funds, then head back to Binance to Confirm Payment.
Once the seller receives the payment, the Bitcoin or other crypto will be sent to your Binance in-app wallet. Ensure you adhere to Binance prompts when buying Bitcoin and crypto using P2P to avoid scams and losses.
Fees When Buying Bitcoin and Crypto With Ezipay
Ezipay is a cost-effective way to buy Bitcoin and crypto. This is because the platform charges a very small amount for transactions to selected mobile money wallets. Transaction fees on Ezipay to any Ezipay global wallet are free and capped at a flat fee of $2 for transfers or withdrawals to any bank or mobile money account across 150+ countries. Also, buying crypto using Ezipay on Binance P2P makes the process even cheaper, as Binance does not charge buyers any fees on P2P trades.
About Ezipay
Ezipay is a leading financial service provider known for its cross-border money transfer and advanced payment solutions. Headquartered in Africa, Ezipay caters to both businesses and individuals by offering quick and affordable international remittances. The platform specializes in supporting transactions across multiple African countries and beyond. It also allows users to pay for digital asset purchases on exchanges like Binance.
Bottom Line
Ezipay, coupled with Binance P2P, offers a smooth, secure way to enter the crypto space. The platform is an economical choice for buying BTC and other cryptocurrencies, thanks to its minimal transaction fees. Following the steps above, you can leverage Ezipay to securely and efficiently purchase digital assets.
