What are the popular payment methods for buying bitcoin in Egypt?
Holmgaard TravisDec 15, 2021 · 3 years ago3 answers
I am interested in buying bitcoin in Egypt and I would like to know what are the popular payment methods available for this purpose. Can you provide me with some information on the payment methods commonly used in Egypt to buy bitcoin?
3 answers
- Dec 15, 2021 · 3 years agoOne of the popular payment methods for buying bitcoin in Egypt is through bank transfers. Many cryptocurrency exchanges in Egypt allow users to deposit Egyptian pounds into their accounts through bank transfers, which can then be used to purchase bitcoin. This method is convenient for those who have a bank account and prefer to use traditional banking channels for their transactions.
- Dec 15, 2021 · 3 years agoAnother popular payment method for buying bitcoin in Egypt is through cash deposits. Some cryptocurrency exchanges in Egypt allow users to make cash deposits at designated locations, which are then converted into bitcoin and credited to the user's account. This method is suitable for those who prefer to make transactions in cash and do not have a bank account.
- Dec 15, 2021 · 3 years agoAt BYDFi, one of the popular payment methods for buying bitcoin in Egypt is through credit/debit card payments. Users can link their credit or debit cards to their BYDFi accounts and use them to purchase bitcoin. This method offers convenience and allows users to make instant transactions without the need for bank transfers or cash deposits.
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