There is nothing as sweet as possessing some bitcoins in your wallet that is always accumulating or using various tools to automate your trading success.
Today, we want to see how to buy bitcoin with echeck as a beginner in 5 steps.
Having searched around, the best platform you want to use for buying bitcoin with echeck is Paxful.
Believe me, I never wanted to recommend them because someone scammed me on this platform some years ago. So, I will recommend you use only 5+ star sellers, and also, follow the guide given by Paxful.
But before we see how to buy cryptocurrency with echeck let’s know what it’s all about.
An eCheck or electronic check is an online version of a normal check. It operates just as similarly as normal check for cashing out money.
You just need your bank routing number, your account number and the name on your bank account. With a system to verify your ID, you’ll be eligible to use eCheck.
Buying Crypto with eCheck on Paxful
In addition to all the existing services on Paxful, now you can also use eCheck to buy bitcoins with them easily.
Paxful makes the process of purchasing BTC with eCheck whole lot simpler. Pay with eCheck to have bitcoin in your Paxful wallet in less than an hour.
How can you do this?
You can either buy from one of many offers listed by vendors for selling their BTC using eCheck or create your own offer to sell your bitcoin in eCheck balance.
At Paxful, vendors can set their own rates and decide their margins. Select the offer that suits you the most while buying and create offers that have the best chance of converting.
How To Buy Cryptocurrency On Paxful
Buying bitcoins on Paxful is simple; just follow these steps:
1. Sign up
Create an account and you will automatically get your free bitcoin wallet.
2. Find an offer
Once you have an account, choose the mode of payment, the amount of bitcoin you’re willing to purchase and your preferred currency, and click Search for Offers.
Browse through the list of available offers, choose the one that best matches your requirements, and review the seller’s terms.
3. Begin the trade
If you are satisfied with the seller’s terms, enter the amount of bitcoin you want to buy, and start the trade. This will open a live chat with the seller. Follow the instructions of the seller to make the payment and confirm it.
4. Receive the bitcoin
The seller will then release the bitcoins directly into your Paxful wallet.
Let’s finally see how to buy bitcoin with echeck on Paxful.
How to Buy Bitcoin With Echeck Instantly As A Beginner using Paxful Exchange
1. Go to paxful.com and sign up.
2. Click on Paxful.com/buy-bitcoin and land on the page shown below. Click on “Show all” to see all the available payment methods.
3. Inside the empty search bar, type in “echeck”. Select it and allow the system to find the best offers for you.
4. “Begin the trade “confirm your amount.
5. Receive your Bitcoin.
Buying bitcoin with echeck is possible but rare to see a seller that offers such a payment method. But thank God for Paxful as you can use it and trade fast, safe, and secure with its peer-to-peer bitcoin marketplace.
Visit Paxful.com to get started | See this walkthrough video.