Best Crypto Exchanges to buy Cryptos with Coinify
Coinify is one of the leading providers of crypto payment solutions, allowing users to select from various payment options through the same platform. Users can make payments using bank transfers, credit/debit cards, GooglePay, etc.
If you want to buy cryptos securely with Coinify, below is a quick overview of the two best crypto exchanges and step-by-step guidelines to help you complete your purchase. They are:
1. BYDFi
We recommend BYDFi as the best crypto exchange for buying Bitcoin and other digital assets with Coinify, as it offers access to over 400 cryptos, including BTC, USDT, and ETH, for active trading. Users can access trading fees as low as 0.1% for both makers and takers on the spot market, while for futures trading, charges are set at 0.02% for makers and 0.06% for takers.
Another thing about BYDFi is its comprehensive futures trading feature, offering over 200 trading pairs with up to 200x leverage on derivatives and perpetual contracts. The platform also offers advanced trading tools for spot and futures trading, making it an attractive choice for experienced traders.
BYDFi supports various fiat currencies, including USD, GBP, and EUR, for buying cryptos with Coinify. To buy cryptos securely with Coinify on BYDFi, follow the comprehensive step-by-step guidelines below.
Step 1: Sign up and verify on BYDFi
Set up an account on BYDFi using your email address or phone number and verify your identity by uploading a valid government-issued ID. If you’re an existing user, log in to your BYDFi account.
Step 2: Go to “Buy Crypto”
At the homepage’s top left corner, click on “Buy Crypto.” That would take you to a new page to enter your order details.
Step 3: Enter your Order Details
On the “Buy Crypto” page, input your order details. Select your preferred crypto and fiat currency for payment, then enter the amount you want to purchase. A list of supported third-party payment providers will be provided below.
Step 4: Select Coinify as your Payment Method
Browse through the list of payment providers below and select “Coinify.” Click on “Buy Now” to proceed to payment with Coinify. That would take you to the third-party website to complete your purchase.
Step 5: Pay with Coinify
In the next window, confirm your order details and click “Continue” to proceed to payment. Next, you’ll be required to complete a mandatory KYC verification in compliance with regulatory guidelines.
After the verification, select your preferred mode of payment from the options available and follow the prompts to complete your purchase with Coinify securely. Once your transaction is complete, your cryptos will be credited to your BYDFi account.
2. OKX
OKX stands out as one of the largest crypto exchanges in the world, with over 50 million active users. The exchange is well known for its comprehensive trading interface, offering over 350 cryptos and affordable trading fees.
On the spot market, charges are 0.08% for makers and 0.1% for takers, while for futures trading, charges are set at 0.02% for makers and 0.05% for takers. Users can also access a wide variety of passive income products, including copy trading and bot trading, which helps enhance the overall trading experience on the platform.
Additionally, OKX fully supports Coinify for crypto purchases, offering access to various fiat currencies, including USD, EUR, and GBP, with low fees. You can follow the step-by-step guidelines below to buy Bitcoin and other cryptocurrencies instantly with Coinify on OKX.
- The first step is to set up an account on OKX using your email address or phone number. Then log in and verify your identity by uploading a valid ID and taking a live selfie, as KYC verification is mandatory for users to buy cryptos on OKX. If you’re an existing user, simply log in to your OKX account and follow the next step.
- Click on “Buy Crypto” at the top of the homepage and select “Third-party payment from the drop-down menu.
- On the next page, enter your order details. Select the crypto you’d like to purchase and your preferred fiat currency for payment, and enter your purchase amount. A list of supported payment options for your order will be provided below.
- Browse through the list of payment providers below and select “Coinify.” Under Coinify, you can see some payment options on the platform, including Visa/Mastercard and bank transfers. Choose the most convenient payment option for you and click “Buy.”
Afterward, you’ll be taken to the Coinify website to complete your crypto purchase. After confirming your order details, you’ll be required to complete a quick KYC verification on Coinify in compliance with regulatory guidelines. After confirmation, select your preferred payment option and follow the prompts on the website to complete your purchase securely. Your cryptos will be released to your OKX account once your payment is complete.
About Coinify
As a leading provider of blockchain payment solutions, Coinify’s payment gateway API allows individuals and businesses to buy and sell cryptos seamlessly. The platform typically supports fiat-to-crypto and crypto-to-fiat transactions with access to various payment options, allowing users to choose the most affordable and convenient method to purchase cryptocurrencies.
Like other reputable cryptocurrency service providers, Coinify also emphasizes compliance with regulatory standards. That includes implementing Know Your Customer (KYC) procedures to verify the identity of users before they can buy cryptos.
Bottom Line
Coinify is, without a doubt, one of the most reliable ways for users to make crypto purchases using a wide range of payment options. Suppose you want to buy Bitcoin and other cryptos with Coinify. In that case, you can choose any reliable crypto exchanges above and follow the guidelines to complete your purchase securely. However, we recommend BYDFi as the best crypto exchange for buying Bitcoin and other cryptos with Coinify.
