Ways to Buy Bitcoin with Western Union

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Most people are still confused on the ways to buy Bitcoin cryptocurrency.

Bitcoin is a force to be reckoned with wide usage of the coins in almost all countries and regions alike have been affected by it.

People who never believed in investments have started investing in cryptocurrencies, because BTC showed the world how profitable it can be.

Obviously, the vast numbers of exchanges and wallets available in the market have made things easier for the average consumer.

However, that also, has led to much confusion due to the number of options available.

On the flipside, I’ve just provided you with the complete guide to purchase your desired amount of Bitcoin with Western Union.

Let’s begin.

Are you ready now?

Ways to buy BTC with WU

These Bitcoin marketplaces below are P2P exchange platforms, that allow users to purchase BTC with WU payment services.

1. LocalCryptos (Global)

Localcryptos

LocalCryptos launched in 2015, was known as LocalEthereum. It was initially built a P2P platform for buying Ethereum (ETH) only.

The platform later rebranded – adding Bitcoin (BTC) and Litecoin (LTC), as well as some other established crypto-coins.

LocalCryptos is a non-custodial peer-to-peer exchange. This means you do not have to deposit your crypto directly on the platform to sell.

Also, you are not required to verify your identity to use LocalCryptos.

Compared to Paxful, LocalCryptos has fewer payment methods, even though it continues to expand aggressively.

Sellers pay a 0.25% trading fee while buyers pay a 0.75% trading fee. 

Pros

  • 60+ payment methods
  • Trade BTC, ETH, and LTC
  • No KYC verification
  • Lower exchange fee
  • High security than other P2Ps

Cons

  • Few supported cryptocurrencies
  • Vendors can be scammed.

Visit LocalCryptos


2. LocalBitcoins (Popular)

Localbitcoins

LocalBitcoins is the pioneer of P2P (i.e. Peer-to-Peer) Bitcoin exchange marketplace platforms.

It was the largest of its kind in Africa, but has lost market share over the years, due to emergence of new competitors.

Regardless, several people still use it to buy and sell Bitcoin (BTC) all over the world.

The platform has strict KYC verification requirements, which makes it inaccessible somehow.

What’s more, it has a limited range of supported payment methods, even though it has been around for a more extended period.

Similar to Paxful, LocalBitcoins charges the seller a 1% fee per trade – Read my review on LocalBitcoins.

Pros

  • 35+ payment methods
  • Easy to use for beginners.

Cons

  • Supports Bitcoin (BTC) only
  • KYC verification is required
  • High transaction fee
  • Custodial in nature
  • Users can be scammed.

Visit LocalBitcoins


3. Paxful

Paxful Exchange

Paxful was established in 2015 in the USA, and has since become a go-to site to buy and sell Bitcoin cryptocurrency.

The marketplace allows you to trade Bitcoin with over 300 payment methods, including bank transfer, mobile money, Chipper Cash, PayPal, Mpesa, and Western Union.

The P2P exchange has more offers compared to the other platforms on this list, because it has more trading volume.

The larger volume gives you access to more offers, payment options and competitive prices.

Pros

  • 300+ payment methods
  • Large volume of Bitcoins.

Cons

  • Supports only Bitcoin (BTC)
  • KYC verification is required
  • High transaction fee
  • Users can be scammed.

How to buy BTC with WU

Buying Bitcoins with Western Union is super easy, and each trade is protected by these P2P platforms as escrow service.

Follow the guide below, so you can learn how to buy Bitcoins with Western Union.

  1. Visit your account on LocalCryptos
  2. Select Western Union as payment method
  3. Search for trusted and reputable vendors
  4. Make payment following vendor’s rules
  5. Receive Bitcoin in the exchange wallet
  6. Transfer your Bitcoin to secure wallet (e.g. Ledger Nano X/S)

Congratulations… you have successfully purchased Bitcoin with Western Union as payment method.

Frequently Asked Questions

Over to you

If you follow through this guide you’ll be able to purchase any amount of BTC instantly with ease.

No matter what you do, don’t ever consider leaving your cryptocurrency investment in an exchange, as you may loose all of them to cyber thefts.

You should always transfer your crypto assets into a secure cryptocurrency wallet.

I recommend that you purchase a hardware wallet, because they are the safest and most secured type of wallets in the market.

If you do not have much budget to invest in acquiring something like Ledger Nano X/S, then you can download and use Trust mobile wallet app.

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KingsHOK
I founded The Crypto Staunch, so you'll learn how to become a cryptopreneur and start investing in different cryptocurrency assets for passive income. Let's connect when you subscribe to my newsletter (once a while, and free with no spam).

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