Bank Transfers are a popular payment method on Noones. Learn how easy it is to trade cryptocurrency with automated Bank Transfers.
Before you start buying cryptocurrency with Bank Transfers, add your bank account details to your Noones profile.
Make sure your bank account is ready to make transactions and check if the account has any transaction limits or geographical restrictions in place. Also, consider using a bank that can easily provide proof of payment with all of the details visible in one page or pdf file.
The required details for proof of payment in Noones are the following:
- Account holder’s first and last name
- Bank’s name and logo
- Transaction date, time and status
- Recipient’s account number and full name
Searching for an offer:
The first step in buying cryptocurrency with Bank Transfer is to look for an offer that accepts Bank Transfers as payment. You’ll also need to enter the amount you wish to purchase and the currency you prefer.
After you find a suitable offer, you’ll need to read and accept the offer terms before the trade begins. These offer terms are set by Noones and it outlines how the trade should be carried out.
Once the trade starts, the trade chat will be disabled. We will automatically send the buyer and seller’s bank account details to each other making Bank Transfers even safer and easier.
Creating an offer:
You can also create your own offer to buy cryptocurrency with bank transfers.
Here are a couple of tips for your bank transfer offer:
- Set a margin you find profitable as negotiations during the trade is not allowed
- If you’d like to use the old Bank Transfer process and set your own offer terms, choose “Other Bank Transfer” as your payment method.
After creating and publishing your personalized offer, wait for a seller to start a trade with you. Once a trade has started, you will receive a notification. Head to the trade to see all the necessary details and transfer funds to the account provided.
Completing a trade
Once you have paid the seller and uploaded proof of your payment, click "Paid". Your payment is not confirmed unless you click Paid and if you forget to do so, the trade will eventually expire and the cryptocurrency will automatically go back to the seller's wallet.
The last step is for the seller to confirm the payment. Please be patient because this may take some time. Once the seller has confirmed the payment, they should release the cryptocurrency to you and complete the trade.
Once the trade is completed, you can leave appropriate feedback for your trade partner. Also, if you like trading with the same user in the future, you can add them to your trusted list.
Here are some other tips on how to buy cryptocurrency in Noones.