I found a way you can now buy Bitcoin with SMS phone billing!
It is difficult to buy Bitcoin cryptocurrency with SMS at the moment. Even though, there are a few dodgy places and crypto-coin scams online that claim to sell Bitcoin through SMS.
However, my advice is that you should not try to buy or sell your Bitcoins from them, because you will simply loose your money.
On the contrary, there are very few sources, where you can actually buy Bitcoin cryptocurrency by just using either your phone credit or SMS.
These services include purchasing BTC using mobile phone call, buying with mobile credit, payments, tariff billing, or SMS payment billing.
Let me go straight and show you these trustworthy services…
Let’s go there!
Buying Bitcoin via Phone SMS
These are the safest platforms, which has the feature for you to use and purchase some amount of Bitcoins using phone bill or SMS.
LocalBitcoins was launched in 2012 as a platform enabling in-person trades with Bitcoin. Throughout many years, the crypto exchange marketplace became popular in countries that banned BTC.
You can read my detail LocalBitcoins review
- Cheap way to buy Bitcoin in countries where its banned
- Serves as an escrow
- Commissions can be high in some cases
- Meeting in person with a Bitcoin seller can be dangerous
- User interface is not very intuitive
A custodial Bitcoin marketplace that offers services to buy and sell BTC with mobile recharge and other users. Currently, there are only offers for MTN Mobile Money users in some African countries.
Paxful, an online marketplace where you can buy Bitcoins with various payment methods. It has a thread where you can buy BTC with mobile recharge.
- Escrow system
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
- Buyers and sellers are prone to scams
Be sure to check sellers with a high reputation. Also, some fees are crazy high. I haven’t tested this feature, but many users are signing up for this service lately, so it must be a good idea somehow.
Over to you
As you have found out in this guide, it is obviously possible to buy Bitcoins with SMS, but it has to be with a serious caution as it’s still a new feature altogether.
As at the moment, the best platform that offers this particular feature mainly lies in the category of P2P (i.e. Peer-to-Peer) Bitcoin (BTC) marketplaces online.
If am to suggest the exact wallet you should purchase, I would suggest you go for Ledger hardware wallet, as they are known over the years for providing cryptocurrency security devices.