Most often, when using a crypto exchange platform to buy or sell bitcoins, you do not find your preferred payment option. That’s because the number of ways to buy bitcoin or ETH through a particular exchange is usually limited. But, that’s not a problem with the Shiftal exchange, as the platform supports over 70 payment options, including credit card, direct bank transfer, UPI, and more.
Yes, you got it right! There are more than 70 ways to buy & sell bitcoin and ETH on the Shiftal platform. We will discuss some of them here.
Let’s start with the basics.
How to buy bitcoin (or ETH) from Shiftal?
Shiftal is a P2P crypto trading platform that allows users to buy bitcoins and ETH directly from other users (sellers) from anywhere in the world, which makes it one of the best ways to buy bitcoin.
Shiftal has been touted as the top P2P crypto exchange by many industry experts because of its unique features such as low trading fees, high security, dedicated wallet, user-friendly mobile apps, automated KYC process, and a robust support system. The best thing about Shiftal is the huge number of payment options it offers, allowing users to buy their favorite cryptocurrency instantly & securely.
The process to buy Bitcoin or ETH on Shiftal is very simple. To start buying, click on a Buy Order that you like. The next page will ask you to enter the number of coins (BTC/ETH) you wish to buy. Then, you can proceed to make direct payment to the buyer using the Shiftal’s highly secure payment gateway.
Here are the major options/ways to pay for your BTC/ETH buy or sell transaction on Shiftal
1) Direct Bank Transfer (NEFT/IMPS/NBT)
The most convenient way to buy bitcoin/ETH is, of course, direct bank payment. Depending on your country, you can use the bank transfer option given on the Shiftal checkout page to pay for your buy orders.
The bank transfer payment option has many advantages, such as:
The money is credited directly to the seller account in a short period.
Bank transfers are secure and reliable.
There is no minimum amount limit on direct transfers.
The option can be conveniently used on the internet banking app or website of the bank.
On the other hand, if you are looking for the best ways to sell bitcoin or ETH on Shiftal, you can use the direct bank transfer option, which will allow the payment to be directly credited to your bank account.
Note: Shiftal acts as an escrow platform that automatically releases the coins for a buy/sell order after verifying that the payment has been successfully credited to the seller’s account.
Cash deposit or withdrawal is another very reliable payment option for buying or selling cryptocurrencies on the Shiftal exchange. It’s also the fastest way to receive the payment once you have sold your BTC or ETH.
Advantages of this payment method include:
Direct credit to the seller wallet.
Instant payment; no waiting period.
No private/personal information needs to be shared with anyone.
UPI (Unified Payments Interface) is an instant payment system, where the money can be transferred from one bank account to another instantly and only using the registered phone number.
UPI payments are fast and highly secure, which make it one of the best ways to buy ETH or BTC on Shiftal.
To make or receive payment with UPI, you need to have a UPI Id (Google Pay or other) or a UPI linked mobile number. The buyer can directly send payment to the UPI id or number of the seller.
Advantages of the UPI payment option on Shiftal include:
4) MoneyGram or Western Union
MoneyGram or Western Union is generally the best payment option when you are looking to make or receive a cross-border payment. On Shiftal, we allow users to pay each other using MoneyGram or Western Union for their BTC/ETH trades.
Why MoneyGram or Western Union is the best way to buy ETH and BTC on Shiftal:
Secure global payments to over 200 countries.
Fast, almost instant, money transfer.
Direct fund transfer to a bank account or wallet.
5) Credit Card
Now, you can also pay using your credit card for buy/sell activities on Shiftal. For many people, a credit card is one of the preferred ways to buy Bitcoin, which is why we have added this option to our platform.
To buy Bitcoin or ETH with a credit card, select the card option in the payments and choose the relevant ads.
Easy & secure way to buy BTC online.
Can buy bitcoin even if you don’t have funds in your bank account.
Shiftal is the best crypto exchange to buy or sell bitcoin and ETH. It’s highly secure, reliable, transparent and offers loads of payment options for you to choose from.
The options mentioned here are only the top payment ways to buy and sell bitcoin or ETH on Shiftal. The website, in fact, offers more than 75 payment options that you can choose from, depending on your location.
Original Source: https://www.shiftal.com/blog/payment-methods-to-buy-sell-bitcoin-ethereum-on-shiftal/