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How to buy Crypto with Zelle Pay

How to buy Crypto with Zelle Pay

Adrian Graham
Fact Checked
Sep 10, 2022

Summary: Zelle Pay does not directly offer cryptocurrency investing services through their mobile app. That said, customers can use funds from Zelle to buy digital assets like Bitcoin and Ethereum through participating exchanges.

The best platform to get started is a popular P2P exchange called Paxful. Their exchange currently allows users to buy Bitcoin, Ethereum and Tether (USDT) with an account funded from Zelle Pay.

Table of Contents

Best Zelle Pay Exchange

Platform Highlights

  • Fast and Cheap US Dollar deposits from Zelle Pay App.
  • Buy and sell Bitcoin, Ethereum and USDT for low fees.
  • Most trusted P2P exchange in the world with over 2 million users.

Can I buy Crypto with Zelle App?

Unfortunately, users cannot buy cryptocurrencies like Bitcoin, Ethereum and Solana directly through the Zelle Pay mobile app. This is because Zelle does not support native cryptocurrencies wallets which would enable users to send and receive coins.

There are a few ways that users can buy cryptocurrencies with Zelle, but all of them require using a third-party service. The most popular way to buy crypto with Zelle is by using an exchange that accepts fiat currency deposits through the app. Some of the most popular exchanges that support Zelle include peer-to-peer (P2P) trading platforms like LocalBitcoins or Paxful.

How to buy Crypto with Zelle Pay App

The best overall exchange to buy Cryptocurrencies with a Zelle account is with Paxful. They are the world's largest peer-to-peer exchange that allow users to buy cryptocurrencies with alternative payment methods like Zelle, Cash App and Google Pay. We prefer Paxful over LocalBitcoins because they offer 0.5% lower fees to buy digital assets for users that are fee sensitive.

You can follow this simple guide below to get started:

  1. Visit the Paxful exchange and create an account.
  2. Find a vendor that accepts Zelle as a payment method (use the Zelle search filter).
  3. Input the amount of USD you want to buy through Zelle of BTC, ETH or USDT.
  4. Review your order and confirm the transaction.
Buy Crypto Zelle
Find Zelle Pay vendor to buy Crypto.

Is Zelle Crypto Friendly?

At this time, there are no clear guidelines from Zelle regarding the purchase or sale of cryptocurrencies. This means that each financial institution that uses Zelle may have its own policies in place regarding cryptocurrencies. As such, it's best to check with your bank or credit union to see if they allow transactions involving cryptocurrency before using Zelle to buy or sell digital currency.

In general, though, Zelle may be more crypto-friendly than some other traditional payment methods. This is because Zelle allows users to send and receive money using only an email address or phone number – no bank account information is required. This makes it difficult for banks to track and block transactions involving cryptocurrency, as they can with other methods like wire transfers.

About Zelle

Zelle is a payment network that allows customers of US banks and credit unions to send money to each other using only an email address or mobile phone number. It's fast, safe, and easy to use, making it a popular choice for P2P payments. In addition to P2P payments, Zelle also offers a number of other features, including the ability to send money to businesses, split payments with friends, and request money from others.

Zelle Crypto

The Zelle Pay app is a very safe way to send and receive money. All transactions are processed through the Zelle network, which uses state-of-the-art security measures to protect your information. Additionally, Zelle does not require you to share your bank account information with anyone, which helps to further safeguard your data.

Zelle Pay is a member of the Financial Services Information Sharing and Analysis Center (FS-ISAC), which is the premier cybersecurity intelligence sharing organization for the financial services sector. Additionally, Zelle's parent company, Early Warning Services, LLC, is regulated by the Federal Reserve Bank.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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