LINE Pay (most popular in Thailand) can be used for several digital transactions, including buying BTC and crypto. Its main product is the LINE Messaging app, which allows users to make seamless online payments. Once you have a funded account with LINE Pay, you only need to learn a few steps to buy any crypto of your choice. This article provides the steps for buying BTC, ETH, and other cryptocurrencies using LINE Pay.
Can I Buy Bitcoin and Crypto With LINE Pay?
Yes, all LINE Pay users can purchase any crypto asset they like whenever they want. While LINE Pay does not directly support cryptocurrency purchases on the app, you can use it on platforms that facilitate peer-to-peer trading. Through platforms like Bybit, you can buy Bitcoin and other cryptocurrencies using the P2P function on the Bybit app or website.
Using Bybit P2P, you get a cheap, straightforward gateway to connect with on-site sellers and buy Bitcoin and crypto. Bybit integrates the LINE Pay digital bank into its system, allowing you to pay for crypto transactions using LINE Pay as your preferred payment method.
How to Buy Bitcoin and Crypto Using LINE Pay on Bybit
It’s super easy to buy Bitcoin and other cryptocurrencies using LINE Pay on Bybit P2P. Once you’re ready, follow the steps below to buy crypto using LINE Pay:
- Create and verify a Bybit account, then log in to gain access to Bybit’s full service.
- Next, click on Buy Crypto or tap the P2P icon in the list of Bybit services; select the crypto you want to buy and set your preferred currency (preferably USD). Use the Payment Methods filter to find and choose LINE Pay as your payment method.
- Once the seller list reloads, choose a seller who accepts LINE Pay as a payment method. Check the exchange rate, reputation, and limits to know the ideal seller for you.
- Initiate a trade with the seller – input the amount of crypto you want to buy and follow the seller’s instructions to transfer the money through LINE Pay.
- Confirm payment on Bybit and wait for some minutes for the seller to send the crypto. Once the payment is confirmed, the seller will release the crypto to your Bybit wallet.
The process is simple and should take less than 10 minutes to complete. Also, ensure you adhere strictly to Bybit’s P2P policies, which include never making payments outside Bybit’s prompts or to a different account from the one on the seller’s page.
Fees When Buying Bitcoin and Crypto Using LINE Pay
You don’t need to worry about extra fees when buying Bitcoin and crypto with LINE Pay on Bybit P2P. Bybit typically facilitates peer-to-peer trades without additional charges, making it a cost-effective option for crypto purchases. However, sellers may include little markups in their rates to make a profit off the trade. Ensure you review LINE Pay’s transaction fee policies to get better insights into their fee structure.
About LINE Pay
LINE Pay is a popular digital payment solution integrated with the LINE messaging app. It allows users to transfer money, pay bills, obtain loans, and perform many more tasks using the e-wallet and fintech services it provides. Launched in 2015, LINE Pay strives to become a leader in the fintech industry, and its introduction into the crypto space takes it one step closer to achieving this goal. Its advanced financial services aim solely to bridge the gap between user needs and financial trading solutions.
Bottom Line
You can start your crypto journey once you have a functioning LINE Pay digital wallet and a verified Bybit account. Use the simple steps highlighted in this post to buy BTC or any other crypto you want to trade on the Bybit exchange. Hence, create a Bybit account today and buy crypto with your LINE Pay account.
