To optimize your trading experience as a beginner or professional crypto enthusiast, you must familiarize yourself with financial platforms like Monobank. This platform provides access to unbeatable digital banking services, and also an easy path to buying cryptocurrencies. Monobank allows you to store, transfer, and grow your funds in a decentralized and transparent way. In this article, we will explain, in a few easy steps, how to buy Bitcoin and crypto with Monobank.
Can I Buy Bitcoin and Crypto With Monobank?
Yes, you can buy BTC, SOL, ETH, and other digital assets via Monobank—and there’s more to what the platform has to offer. Monobank features interesting digital banking perks, including the Monobank Card, which allows you to pay for transactions, and also fund exchanges to buy cryptocurrencies. Also, Monobank is supported by several trusted crypto exchanges – such as Bybit, as a payment method for buying and selling crypto assets.
Indeed, there’s no limit to what you can do with your funds on the Monobank digital banking platform. To get started, choose your preferred way to buy crypto, either via the Monobank Card or directly from crypto exchanges with the Monobank payment method. Let’s learn how to buy Bitcoin and crypto with Monobank on the Bybit crypto exchange.
How To Buy Bitcoin and Crypto With Monobank on Bybit
You can either buy crypto directly on Bybit using the Buy Crypto » Fiat Deposit feature on the app. Simply select Monobank as your payment method and proceed to complete your transaction using your Monobank Card details.
Alternatively, you can buy Bitcoin and crypto via Monobank on the Bybit P2P section. Follow the steps below to complete a real-time peer-to-peer crypto purchase using Monobank on Bybit P2P:
- Log into your newly created Bybit account and access the P2P section among the list of services on the Bybit homepage.
- Select the type of crypto you want to buy and your preferred currency (UAH for Ukrainian users).
- Scan the Payment Method list and select Monobank. Next, skim through the list of sellers and select one that supports the Monobank payment method and sells crypto at a favorable price.
- Review the seller’s terms and proceed with the trade by sending the payment to the seller’s account via the Monobank app.
- Once you’ve sent the funds, confirm the payment on Bybit. Wait for 1-5 minutes for the seller to release the crypto into your account.
When buying Bitcoin and crypto using Bybit P2P, never make any payments outside the Bybit app. This saves you from potential scams and prevents loss of funds.
Fees When Buying Bitcoin and Crypto With Monobank
Bybit does not add any extra fee for P2P transactions on the app or website, making it one of the most cost-effective ways to buy cryptocurrencies. However, using the Monobank Card or app for international or crypto transactions may attract certain fees. Ensure you check the Monobank app for details concerning all additional transaction fees attached to crypto-related transactions.
About Monobank
Monobank is a new digital banking platform that’s taken the financial industry by storm! It is a decentralized financial banking application that allows users to maintain control of their digital and fiat assets. One major product of the app is the Monobank Card, which is a versatile card used to complete diverse transactions including crypto purchases. Monobank is also integrated into exchanges like Bybit as a payment method for direct and P2P crypto purchases.
Bottom Line
There are diverse ways to buy Bitcoin and crypto using the Monobank payment method. As highlighted in the article, you can leverage the Moonbank Card to buy crypto or simply use Bybit P2P as an alternative. Follow the simple steps above to successfully purchase Bitcoin or other crypto of your choice using Monobank today!
