How to Buy Crypto with NayaPay (Step-by-Step Guide)

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March 18, 2024
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NayaPay

TLDR

Buying cryptos with NayaPay is one of the most efficient ways of making deposits to crypto exchanges for Pakistan traders. NayaPay is a Pakistan-based money service provider, allowing users in Pakistan to send and receive money seamlessly for free.

The platform is integrated into popular exchanges, making it easy for Pakistan traders to easily buy cryptos using the Pakistan Rupee (PKR) with 0% fees.

To buy cryptos with NayaPay, all you have to do is sign up on any crypto exchange of your choice that supports NayaPay for Payments. Then, proceed to the “Buy Crypto” section, select your desired coin and currency for payment, and proceed to buy your crypto with NayaPay.

Below is a brief overview of the best two crypto exchanges to buy Bitcoin and other cryptos with NayaPay and step-by-step guidelines to help you complete your purchase.

  1. OKX P2P – Best crypto exchange with NayaPay
  2. Bybit P2P – Best derivative exchange with NayaPay

 

1. OKX P2P

We recommend OKX as the best crypto exchange to buy cryptos with NayaPay. Users have access to over 350 cryptocurrencies, low trading fees, high liquidity, and a wide variety of passive income products, making it an attractive choice for active traders.

On the spot market, trading fees are as low as 0.08% for makers and 0.1% for takers, while for futures trading, the charges are 0.02% for makers and 0.05% for takers.

Additionally, one of the cheapest and most convenient methods of buying cryptos on OKX for Pakistan traders is through NayaPay as it offers seamless transactions and low fees. Users can pay for cryptos with NayaPay directly with the Pakistan Rupee (PKR) at zero fees.

To buy cryptos with NayaPay on OKX, follow the step-by-step guidelines below.

 

Buy Cryptos on OKX!

 

Step 1: Create and Verify your OKX Account

To purchase crypto on OKX with NayaPay, you first need to set up your account. To set up your account, you need to provide your email or phone number. After that, you need to upload a valid ID and complete the facial recognition.

 

Step 2: Go to the “Buy Crypto” Section

Click “Buy Crypto” at the top of the homepage and select “P2P trading”.

 

Step 3: Choose NayaPay as your Payment Method

Click on the “Payment Method” tab on the OKX p2p trading interface and select “NayaPay”. Select PKR as your preferred currency, and enter the amount you want to pay, and the crypto you want to buy.

Next, choose your favorite advertiser and click “Buy”. In the next window, you can copy the advertiser’s details, and then proceed to make the payment with NayaPay. Now, go back to your OKX account and click “Payment Completed”. Your cryptos will be automatically added to your account after your transaction is confirmed.

 

Buy Cryptos on OKX!

 

2. Bybit P2P

Bybit is a cryptocurrency derivatives exchange that was established in 2018. It provides a smooth trading experience by consolidating assets and trading multi-currencies, spot, spot margin, USDT, USDC perpetual, and USDC options in one account.

Bybit provides users with access to more than 400 cryptocurrencies to trade actively with low fees. On the spot market, Bybit charges 0.1% for both makers and takers while for futures trading, fees are set at 0.02% for makers and 0.055% for takers.

Follow the comprehensive guidelines below to buy Bitcoin and other cryptos with Nayapay on Bybit.

1. Create an account on Bybit with your email address or phone number. Then, verify your identity by uploading a government-issued ID.

2. Log in to your Bybit account and click “Buy Crypto” at the top left corner of the homepage. Then, select ‘P2P trading’ from the dropdown menu.

3. On the Bybit P2P trading interface, select your desired crypto, choose PKR as your preferred currency, and enter the amount, then select the preferred payment method. In this case, you’ll choose “NayaPay” as your payment method.

4. Choose your preferred advertiser from the list below and click “Buy BTC.”

5. Copy the Advertiser’s payment details and proceed to your NayaPay account to transfer.

6. Once you’ve made the transfer, return to Bybit to click “Payment Completed”. Your cryptos will be released to your account once your transaction is verified.

 

Buy Cryptos on Bybit!

 

About NayaPay

NayaPay is a financial technology platform that provides financial services to underserved consumers, and small and medium-sized businesses (SMBs) in Pakistan. The platform is licensed and regulated by the State Bank of Pakistan (SBP) as an electronic money institution in Pakistan, so it is safe and reliable.

Users can link their bank accounts and bank cards to their NayaPay wallets to facilitate various online transactions including buying crypto. Also, money transfers between NayaPay users are always free.

 

Final Thoughts

NayaPay is a very efficient method of buying cryptos on popular exchanges. Its integration of a wide variety of payment methods gives more flexibility for Pakistan traders and investors seeking to buy Bitcoin and other cryptos seamlessly. You’ll find above the best two crypto exchanges to buy cryptos with NayaPay and comprehensive guidelines to help you complete your purchase.

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