Zelle enable users to securely send and receive money conveniently, by allowing people to safely its banking app.
However, you can also buy Bitcoin anonymously using Zelle, and that makes the process of purchasing BTC a lot simpler.
It takes less than an hour for the transaction to go through when you’re using Zelle Pay to make any payment.
Menwhile, there are few places where you can buy crypto with Zelle as a payment method on P2P marketplaces.
If you have Zelle account and would like to purchase cryptocurrency with it, then you have to keep reading.
In this article, we will show and guide you on the steps to buy Bitcoin crypto-coin with the payment service.
Let’s begin…
How to buy Bitcoin with Zelle Pay
In summary, below are the steps you should follow to buy Bitcoin with Zelle pay payment gateway service.
In order to make the entire process simple, we’ll guide you using Paxful P2P marketplace.
- Create an account with Paxful
- Go through the KYC process for verification
- Go to ‘Buy Bitcoin’ and search for vendors that accepts Zelle
- Open a trade with the vendor on the platform
- Read and follow the terms and conditions
- Complete the transaction with a proof of transfer.
Once the transaction is marked successful, the exact equivalent of Bitcoin will will appear in your Paxful account wallet.
At this point, you have successfully purchased Bitcoin with Zelle Pay as a payment method on the P2P exchange platform.
Now that you know how to buy Bitcoin with Zelle pay on Paxful, let me show you some of the other platform that allow the payment method.
Best ways to buy BTC with Zelle pay
Like I have said earlier above, it’s only 2 marketplaces that enables their users to purchase Bitcoin cryptocurrency with Zelle instant payment.
1. LocalBitcoins
LocalBitcoins is a P2P (Person-to-Person) marketplace platform that specializes in connecting both buyers and sellers, while serving as an escrow service for their transactions.
The platform gives vendors the ability to create offers in all currencies available in your local region. If you are just getting to know this platform, I would suggest you read my LocalBitcoins review.
Highlights:
- Available in every country of the world
- A diverse selection of buyers and sellers
- Supports many payment methods
- Buyers get their bitcoins fast
- Private
2. Paxful
Paxful is a P2P (Person-to-Person) marketplace founded in 2015 by Ray Youssef (CEO) and Artur Schaback, with headquarters known to be located in New York, USA.
This platform supports over 300 payment methods, and gives vendors the ability to create offers in all currencies – just like LBC.
Highlights:
- Reliable escrow system
- High security measure
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
In conclusion
If you want to buy Bitcoin using Zelle as a payment method, then you have to find a secure crypto wallet, reputable marketplace and VPN to be safe.
You can either buy from one of many offers listed by vendors for selling their Bitcoin using Zelle pay, or create your own offer to sell your Bitcoin in Zelle pay.
At Paxful, Bitcoin vendors do set their own rates and decide their profit margins.
Don’t forget that leaving your cryptocurrency on a platform where you bought it is one of the bad strategies in the market.
Always transfer digital currencies and assets to an offline secured wallet.
There are different kinds of wallet in the market, and the best of them all are the ones that can store your digital assets without internet.
If you have enough fund to invest in security, you should consider purchasing a hardware wallet due to their high security features.
I recommend Ledger wallets, as they’re among the most secured wallet devices for storing digital currencies without the need for internet.
What is Zelle?
Established in 2017, Zelle Pay is a fast, safe and convenient way for people to send and receive money with friends and family.
How does Zelle Pay work?
To send money with Zelle, you simply need the recipient’s email or phone number.
If yours doesn’t, you can download the Zelle Pay app, which is available for both iOS and Android devices users.
Just be sure to find a Bitcoin-friendly bank for a smooth transaction.
An alternative to Zelle is to use your debit card to buy Bitcoin, which uses funds from the same bank account and is less risky overall.
Does Zelle charge fees on payment?
Zelle pay doesn’t charge a fee to send or receive money, but you should confirm with your bank that there are no additional fees.
Is Zelle a cryptocurrency?
No, Zelle is not a cryptocurrency, and not even built on blockchain technology.
There is no public ledger involved in any way.
Zelle is purely a way to make consumer bank-to-bank payments, and it’s essentially an electronic check that settles between two banks.
