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Cheapest Ways to Buy Cryptos with Western Union (Step-by-Step Guide)

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November 8, 2023
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Cheapest Ways to Buy Cryptos with Western Union

Best Crypto Exchanges with Western Union

Western Union is one of the most reliable platforms for making bank transfers, offering money transfer services to every country on Earth except Iran and North Korea. Fees and foreign exchange rates may vary by brand, channel, and location based on several factors.

Additionally, Western Union allows users to buy Bitcoin and other cryptos by sending funds to a reputable cryptocurrency exchange that accepts Western Union as a payment method.

Suppose you’re a crypto trader or investor seeking to buy cryptos securely with Western Union. In that case, this article features the three best crypto exchanges to buy Bitcoin and other cryptocurrencies with Western Union and step-by-step guidelines to help you complete your purchase.

Note that these are all legitimate crypto exchanges that require KYC verification for users to buy cryptos. They are:

  1. Bybit
  2. Binance
  3. OKX

 

1. Bybit

Bybit is a crypto derivatives exchange founded in 2018, offering seamless trading by allowing users to consolidate assets and trade multi-currency, Spot, Spot Margin, USDT and USDC Perpetuals, and USDC Options in a single account.

We recommend Bybit as the best crypto exchange to buy Bitcoin and other digital assets with Western Union. Users have access to over 400 cryptocurrencies for active trading. Trading fees are fixed at 0.1% for makers and takers on the spot market. For futures trading, fees are as low as 0.02% for makers and 0.055% for takers.

Follow the step-by-step guidelines below to conveniently buy Bitcoin and other cryptos with Western Union on Bybit.

 

Buy Cryptos on Bybit!

 

Step 1: Create and verify your Bybit account

To buy cryptos with Western Union on Bybit, you must first register on the platform. Create an account using your email address or phone number, then verify your identity by uploading a valid ID and taking a live selfie.

 

Step 2: Go to “Buy Crypto”

After logging into your Bybit account, navigate to the top left corner of the homepage and click “Buy Crypto”. Then select “P2P trading”.

 

Step 3: Choose Western Union as your payment method

On the Bybit P2P trading interface, click on the payment method tab and select “Western Union”. Select the desired crypto and the preferred fiat currency, and enter the amount you want to purchase. In this case, we’ll be buying BTC for $200.

Afterwards, Browse through the list below and select your preferred advertiser. Click “Buy BTC” to create an order.

 

Step 4: Confirm your order details

A confirmation window pops up. Input your order details again as confirmation to proceed with the order. Then click “Buy”.

 

Step 5: Proceed to Pay with Western Union

On the next page, copy the advertiser’s details and proceed to your Western Union account to make the transfer.

Once payment is completed, go back to Bybit and click “Payment Completed”. Your cryptos will be released to Bybit, your account, once your transaction is verified.

 

Buy Cryptos on Bybit!

 

2. Binance

Binance, founded in 2017, is the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Users can access various trading features, including 350+ cryptos, advanced trading tools, low trading fees, and many more.

Trading fees are fixed at 0.1% for makers and takers on the spot market. For futures trading, fees are as low as 0.02% for makers and 0.05% for takers.

Additionally, you can conveniently buy Bitcoin and other cryptocurrencies with Western Union on Binance. Follow the comprehensive step-by-step guidelines below to help you complete your purchase.

  1. Create an account on Binance with your email address or phone number. Then, verify your identity by uploading a government-issued ID.
  2. Log in to your Binance account and click “Trade” at the top left corner of the homepage. Then, select ‘P2P’ from the dropdown menu.
  3. On the Binance P2P trading interface, select your desired crypto, choose your preferred currency and amount, and select the preferred payment method. In this case, you’ll choose “Western Union” as your payment method, as indicated in the image below.
  4. Choose your preferred advertiser from the list below and click “Buy BTC.”
  5. Copy the Advertiser’s payment details and proceed to your Western Union account to transfer.
  6. Once you’ve made the transfer, return to Binance to click “Payment Completed”. Your cryptos will be released to your Binance account once your transaction is verified.

 

Buy Cryptos on Binance!

 

3. OKX

OKX is a top crypto exchange offering a simple trading platform that works well for beginners and advanced trading features for intermediate to expert traders. Users have access to over 350 cryptos for spot and futures trading.

Trading fees are as low as 0.08% for makers and 0.1% for takers on the spot market, while for futures trading, fees are set at 0.02% for makers and 0.05% for takers.

Another thing about OKX is that it allows users to buy Bitcoin and other cryptocurrencies with Western Union. Follow the step-by-step guidelines below to purchase your cryptos with Western Union on OKX securely.

  1. Create an account on OKX using your email address or phone number and verify your identity by uploading a valid ID and taking a live selfie.
  2. After logging in to your OKX account, click “Buy Crypto” at the top left corner of the homepage. Then, select “P2P Trading”.
  3. On the OKX P2P trading interface, select your desired crypto, choose your preferred currency and amount, and select the preferred payment method. In this case, you’ll choose “Western Union” as your payment method, as indicated in the image below.
  4. Browse through the list below and select your preferred advertiser. Then click “Buy BTC.”
  5. Next, copy the Advertiser’s payment details and proceed to your Western Union account to make the transfer.
  6. Once you’ve made the transfer, go back to OKX to click “Payment Completed”. Your cryptos will be released to your account once your transaction is verified.

 

Buy Cryptos on OKX!

 

Final thoughts

Western Union users can transfer funds seamlessly to reputable exchanges such as Binance, Bybit, or OKX. That allows for seamless purchasing of cryptos with Western Union. Bybit is recommended as the best crypto exchange to buy Bitcoin and other cryptos with Western Union.

 

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