What Should I Look for in a Paysafecard Bitcoin Broker? How to Buy Bitcoin with Paysafecard?īelow is a step-by-step guide to purchasing Bitcoin with Paysafecard. Often, the brokers who accept Paysafecard are major exchanges. Paysafecard enables the initial purchase of Bitcoin on both exchanges and P2P platforms that accept Paysafecard for purchases. What Bitcoin Platforms Accept Paysafecard? Because Paysafecard doesn’t require you to have a bank account or divulge any personal information, brokers which accept Paysafecard allow you to purchase Bitcoin without a bank account or revealing your personal information. If you want to buy Bitcoin without ID, Paysafecard might be the right choice for you. They often also ask you to confirm your identity by providing an ID that matches the account information as a part of KYC protocols. As a result, these brokers collect information on who is purchasing crypto from them and have records of the bank accounts used to buy crypto assets. Most brokers either ask you to link an account that they draft, or you can purchase coins or tokens with a credit or debit card. Brokers most often are also Bitcoin exchanges (where you can exchange Bitcoin for another cryptocurrency) but not always. Don’t invest unless you’re prepared to lose all the money you invest.īitcoin brokers facilitate the initial purchase of Bitcoin, typically using fiat currencies such as USD and GBP.
