How To Buy/Sell BTC and Other Cryptocurrencies Using Amazon Cash

In today’s world, many people use cashless transactions and credit cards for virtually everything. However, what if there is no way of accessing a bank account or credit card? The process of using Amazon Cash eliminates the need for either. It is an easy-to-use service that lets consumers purchase products in any store by first adding money to their Amazon Balance, then using their phone to scan the bar code on the cashier’s screen to complete the transaction. However, if you are looking to buy cryptocurrency or BTC using Amazon Cash, here is the tutorial for that.

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 Amazon Cash. For that, you need to click on “Buy” button and on the next screen:

Select cryptocurrency as BTC
Select Payment Method as Amazon Cash
Select your currency and input amount to be bought
Click on Find offers

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 with the payment details of the seller. 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…

The same way you can withdraw/Sell BTC to Amazon Cash

For selling BTC in exchange to Amazon Cash, 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 Amazon Cash. Happy Trading!