Buying Cryptocurrency with Online Wallets

This article will give you an overview on how to buy cryptocurrency in Noones using online wallets such as PayPal, Skrill, etc. 

Before trading

Before buying cryptocurrency with your online wallet, please ensure that you have sufficient funds on it and that your transaction will not be blocked due to daily limits or other geographical restrictions. 


Searching for an offer:

The first step in buying cryptocurrency with online wallets is to look for an offer from your chosen online wallet. You’ll also need to enter the amount you wish to purchase and your preferred currency.

After you find a suitable offer, read the offer terms before opening the trade. This will show you a brief summary of what the seller requires from you regarding the payment.

Once you have started the trade, a more detailed set of instructions will appear, which is called trade instructions. The seller’s requirements may vary depending on the online payment you’re using. For example, online wallets such as PayPal, Skrill, and Neteller will normally require an image of your ID.

Creating an offer:

You can also create your own offer to buy cryptocurrency with online wallets.

Here are a couple of tips for your offer:

  • Set a margin you find profitable as negotiations during the trade is not allowed
  • Write clear offer terms and instructions
  • Make it clear as to who will be bearing the transaction fee if any

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. Feel free to discuss all the necessary details with your trade partner 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 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. 

After trading

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.

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