Buying crypto assets using Urpay is a great way to begin your crypto trading career. Urpay is a digital wallet that provides several financial services, including transfers, online shopping, and many more. The platform makes the entire crypto purchase smooth, intriguing, and secure, but you must avoid errors so that you won’t lose funds in the process. In this article, we will explain how to buy Bitcoin and crypto using Urpay.
Can I Buy Bitcoin and Crypto With Urpay?
Yes, you can buy BTC, ETH, and several other digital assets using the Urpay digital wallet. Although Urpay doesn’t support direct crypto purchases on the app or official website, you can use it as a payment method to buy crypto on supported exchanges. Platforms like Binance integrate Urpay as a payment method for buying and selling cryptocurrencies on-site.
You can also find the Urpay option in the Binance P2P section to buy crypto on the exchange. Binance’s P2P section lets you connect with sellers accepting Urpay for crypto transactions. Thanks to Binance’s escrow protection features, this method is very smooth, cost-effective, and secure.
How to Buy Bitcoin and Crypto With Urpay on Binance
You must have completed the KYC verification procedures for the Binance exchange to start the purchase process. This grants you access to all of Binance’s features, including P2P services. Also, ensure your Urpay account is funded to pay for the crypto you want to buy. Next, follow the steps below to buy Bitcoin and crypto with Urpay:
- Log in to your newly created Binance account and head to the P2P section.
- Select BTC or any other cryptocurrency you want to buy, and select USD as your preferred currency.
- Using the filter option, click the All Payment Methods button and select Urpay from the list of supported payment options.
- Browse the list of sellers supporting Urpay payments, and choose one with high completion rates and the ideal price for the crypto you want to buy.
- Enter the amount of crypto you want to buy and transfer the payment from your Urpay wallet into the seller’s account. Next, mark the payment as complete on Binance.
When you mark the transaction as completed on Binance, the seller will be prompted to release the crypto into your account. Once the seller receives a receipt of your payment, the crypto will be sent to your Binance spot/funding account and can instantly be used to trade.
Fees When Buying Bitcoin and Crypto With Urpay
Binance does not charge extra fees for P2P trades, but crypto sellers usually set their rates slightly higher than the market price to make profits. Also, Urpay may incur transaction charges, but this depends on the size of the money being sent and your region. Urpay charges are reasonable, making it a suitable option for buying cryptocurrencies. Ensure you follow up on Binance and Urpay’s fee policy for updates.
About Urpay
Urpay is a popular digital e-wallet known for providing various financial services, including money transfers, bill payments, and online shopping. It also offers user-specific financial solutions, allowing users to customize their financial needs in the system. Urpay also produces the Urpay Card, which can be used at stores or to withdraw cash wherever you are. Lately, Urpay has also become known as a ready payment option for buying BTC and other cryptocurrencies on supported exchanges like Binance.
Bottom Line
Urpay users are now provided with an opportunity to enter the crypto space with their digital wallet as a third-party gateway. You can now access the Urpay payment method on Binance P2P to buy Bitcoin and crypto anytime by following the steps highlighted in this post. Register with Binance today to start trading with Urpay as your payment gateway.
