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Buy/Sell BTC and Other Cryptocurrencies Using GrabPay -Full Guide

The GrabPay app by Grab is an application that enables the user to pay through the use of their mobile phone. It was created in part due to the increased need for payment solutions that are convenient, fast, and inexpensive. The app analyzes your financial data and selects the best option for you based on your preferences. Although, you can’t directly buy BTC using this GrabPay at the moment, we have explained an indirect method. If you want to buy BTC with GrabPay, you can do so by using some P2P market such as Paxful.

buy btc using grabpay

Step 1:

First of all, you need to create an account on Paxful. The account creation process is pretty simple. All you need is to signup using your email address and a new password.

Step 2:

Verify your account by using your ID card or Passport. This is a good step that is required to reduce spam and scams. Verifying your ID doesn’t take much time, the process is automated so it’s completed in a few minutes for most of the cases.

Step 3:

After creating and verifying the account, you need to buy BTC using GrabPay. For that, you need to click on “Buy” button and on the next screen:

Select cryptocurrency as BTC
Select Payment Method as GrabPay
Select your currency and input amount you want to invest
Click on Find offers

buy btc with grabpay
Note: The price shown here is not the current price of BTC; as this image was taken at the time of writing this article, for current price, please click the Paxful banner above or any paxful link on this page.

Now you’ll be able to see a lot of offers, it’s time to find the best offer and click on buy.

A chatroom will be opened for you where you can trade with the seller. Important Tip: You can chat a little with the seller to confirm if he is online, then ask for their payment account details. You can send the money and click on the “Paid” button. This will ensure Paxful that you have paid the seller. Now you need to wait for a few seconds or minutes until the seller verifies the payment. After verification, the seller will instruct Paxful to release your BTC. In the next instant, BTC will be available in your Paxful wallet. That’s all…

Precautions: Always use the Escrow system and never buy BTC if a buyer /seller says that he will send directly to your wallet without using the escrow of Paxful or any other P2P exchanges. This is because many people commit scams using this technique. They give you some incentives and take away your money. Also, after sending the payment to the seller, don’t forget to click on “Paid button”

The same way you can withdraw/Sell BTC to GrabPay
For selling BTC in exchange to GrabPay, you need to click on sell button in Paxful and see the available options. You can sell to the suitable seller. If you have BTC that are outside Paxful, you can deposit them easily to Paxful. After depositing, you can sell to hundreds of sellers that are avaialbe online.
If you want to explore other P2P exchanges as well, please click “Crypto Exchanges” section in our site’s menu and you can find other P2P exchanges.

We hope that this article has helped you in buying BTC online using GrabPay. Happy Trading!

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