15, Sep
How To Buy Cryptocurrencies Using Credit Card, Debit Card Or Mobile Money Transfer
In this example, we will be using Binance that allows you to directly buy cryptocurrencies using cash, credit card, bank, mobile money transfers and then easily transfer to your Prosprime account. Binance provides escrow service for its P2P marketplace to streamline and secure the transactions.
STEP 1: BUYING CRYPTO
Create an account on https://www.binance.com/ and make sure you have completed identity verification and enabled at least one two-factor authentication (2FA) device.
On the official Binance website, click [Trade] - [P2P].
Choose [P2P] mode to trade, and manually select advertisements posted by users or merchants.
Let’s take buying USDT as an example.
Click [Buy], and choose the fiat currency you want to pay with. Select the cryptocurrency you want to purchase. Please pay attention to the available quantity and limit for each ad.
Then, select the seller you want to buy from, and click [Buy USDT] to place your order.
Enter the quantity or amount you want to purchase. Please read the seller’s terms and conditions carefully before placing the order.
Click [Buy USDT] to generate your order. By placing an order, the platform will immediately secure an equivalent amount of the seller's digital assets for the transaction.
After the payment process is completed, select [Transferred, Notify Seller] and the order status will be changed to [Releasing]. The platform, having secured the equivalent digital assets from the seller, waits for the seller to confirm your offline payment. You may use the chat box on the right side to chat with the seller directly.
If you do not receive the cryptocurrency within the designated release time frame, you can click [Appeal] to contact Binance Customer Support agents for assistance.
Important Note: You need to transfer the payment directly to the seller through a bank transfer or other third-party payment platforms based on the seller's payment information. If you have already transferred payment to the seller, do not click [Cancel] unless you have already received a refund from the seller in your payment account. Do not click [Transferred, Notify Seller] unless you have paid the seller.
Upon successful verification, the seller will release the crypto to you and the transaction is considered completed. You can click [View my balance] to view the assets.
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