How to Buy Crypto with Paysend

Can I Buy Crypto with Paysend?

Paysend is primarily used for sending and receiving money globally in over 90 countries. This includes transactions between bank accounts, transfers to card, and sending money to digital wallets. However, they do not directly offer the option to purchase cryptocurrency with their service.

That said, Paysend users can send money from their account to a licensed and regulated exchange in their jurisdiction that accepts bank transfers.

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How to Buy Bitcoin and Crypto with Paysend

The easiest way to invest in cryptocurrencies with a Paysend account is with the Uphold trading platform. They are a licensed and regulated exchange that offers instant deposits from Paysend bank transfers, credit and debit cards for low fees. The platform currently has over 250 crypto assets available to buy, sell, stake and trade.

You can get started in 4 steps with our simple guide:

1. Sign up to the Uphold exchange with your email and complete the verification process.
2. Connect your Paysend account or debit/credit card to Uphold by selecting the fiat currency you want to deposit on your dashboard.
3. You can then select the 'connect bank' button to link your ABN AMRO account to the platform and deposit fiat.
4. Once the funds arrive, find the cryptocurrency you want to purchase and execute your trade.

Is Paysend Crypto-Friendly?

Paysend does not currently offer the ability to buy or sell cryptocurrencies directly on its platform. However, customers can use the Paysend Global Transfer service to send money to exchanges that do offer crypto trading. This makes Paysend a crypto-friendly platform that can be used to facilitate cryptocurrency transactions.

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About Paysend

Paysend is a global payment solutions provider, offering a convenient, fast and low-cost way to send money anywhere in the world. Founded in 2016, Paysend is headquartered in London with offices across Europe and Asia. They are authorised and regulated by the Financial Conduct Authority in the UK (FRN: 900004) and its money transfer services are available in over 170 countries.

The company has a simple mission: to make global payments easy. They offer a fast, convenient and low-cost way to send money to friends and family around the world.  With Paysend, you can send money in over 170 countries and top up mobile phones in almost 200 countries. The app is convenient because it's available 24/7, wherever you are. All you need is an internet connection and you can send money in minutes.

Final Thoughts

In conclusion, while Paysend itself does not directly offer cryptocurrency buying and selling services, it can serve as a valuable tool in your cryptocurrency investing journey. By allowing seamless money transfers to regulated crypto brokers like Uphold, it can enable users to purchase over 250 types of cryptocurrencies.

However, it's important to remember that while Paysend is crypto-friendly, the actual buying and selling of cryptocurrencies occur on the broker's platform. As always, ensure to navigate these platforms responsibly, keeping in mind the volatile nature of cryptocurrencies.