Best Crypto Exchanges with MoneyGram
MoneyGram is a global money transfer and financial service provider with digital platforms and retail locations. With MoneyGram, you can send money anywhere in the world to your loved ones, pay your bills, and much more with low fees and competitive exchange rates.
With the support of over 40 fiat currencies, including USD, GBP, and EUR, Moneygram is one of the most reliable options for buying cryptos. Users have access to fees as low as $1.99 per transaction.
If you’re seeking to buy Bitcoin and other cryptocurrencies with Moneygram, all you have to do is create an account and verify your identity on a reputable crypto exchange. Then go to the “Buy Crypto” section and select P2P trading, choose Moneygram as your payment method, and proceed to buy the cryptos.
Buy Crypto With MoneyGram Step-by-Step
Below is a quick overview of the best three crypto exchanges to securely buy cryptos with Moneygram and step-by-step guidelines to help you out.
1. OKX
OKX is one of the most popular cryptocurrency exchanges out there right now. The platform has over 350 cryptos, a wide range of trading options, and features for active traders who want to invest in digital assets.
Trading fees on OKX are as low as 0.08% for makers and 0.1% for takers. For futures trading, the payments are fixed at 0.02% for makers and 0.05% for takers.
If you’re looking to buy Bitcoin and other cryptos with Moneygram on OKX, you must first complete the KYC verification by uploading a valid ID and recording a live selfie. You can follow the guidelines below to buy your cryptos with Moneygram on OKX conveniently.
Step 1: Create and Verify your OKX account
Create an account on OKX using your email address or phone number and verify your identity. If you’re an existing user, log in to your OKX account.
Step 2: Go to the “Buy Crypto” Section
Click on “Buy Crypto” at the top left corner of the homepage and select “P2P Trading”.
Step 3: Choose Moneygram as your Payment Method
On the OKX P2P trading interface, click on the payment method tab and select “Moneygram.” Select your desired currency, enter the amount, and select the crypto you’d like to purchase.
Afterwards, select your preferred advertiser and click “Buy”. In the next window, copy the details of the advertiser and proceed to your Moneygram account to make the transfer.
Once payment is completed, go back to OKX and click “Payment Completed,” and your cryptos will be added to your account once your transaction is verified.
2. Binance
Binance is the largest cryptocurrency exchange, with over 100 million active users all over the world. With access to over 350 cryptocurrencies, advanced trading tools, and low fees, Binance is a top choice for active traders.
On the spot market, Binance charges 0.1% for both makers and takers. For futures trading, fees are set at 0.02% for makers and 0.05% for takers.
If you’re looking to buy cryptos with Moneygram on Binance, follow the step-by-step guidelines below. However, note that Binance requires KYC verification, which involves providing a valid ID and a selfie for users to buy cryptos on the platform.
- Sign up or log in to the Binance.
- After logging in, on the homepage, click on “Trade” at the top left corner
- Select ‘P2P’ from the dropdown menu.
- On the P2P trading interface, select the coin you want to purchase, your preferred fiat currency, and the payment method. In this case, you’ll choose “Moneygram” as your payment method, as indicated in the image below.
- Select your preferred advertiser from the list below
- Copy the user’s Moneygram details and proceed to your Moneygram account to make the payment. Then go back to Binance to click “Payment Completed,” and your cryptos will be added to your account once your payment is verified.
3. Bybit
Founded in 2018, Bybit is one of the fastest-growing trading platforms, with over 10 million active users around the world. The platform offers 400+ cryptocurrencies, a wide range of trading options, as well as up to 100x leverage on derivatives and perpetual contracts.
Fees are as low as 0.1% for both makers and takers on the spot market. For futures trading, payments are fixed at 0.02% for makers and 0.055% for takers.
Follow the guidelines below to buy Bitcoin and other cryptos with Moneygram on Bybit securely.
- Create an account on Bybit and verify your identity with a government-issued ID.
- Log in to your account. Then, click “Buy Crypto” at the top left corner of the page and select “P2P Trading.”
- On the P2P trading window, select “Moneygram” as your payment method, and choose your desired crypto and your preferred fiat currency for payment.
- Select your preferred Advertiser and click “Buy BTC.”
- Next, confirm the details of your order and click “BUY.”
- In the next window, copy the Moneygram details of the Advertiser, then proceed to your Moneygram account to make the transfer.
- Go back to Bybit and click “Payment completed.” Your cryptos will be released into your Bybit account once your payment is verified.
Final Thoughts
Moneygram is a very cheap and reliable means of buying cryptos. Users have access to seamless transactions, low fees, and a variety of payment options. If you’re seeking to buy Bitcoin and other cryptocurrencies with Moneygram, simply choose any of the regulated crypto exchanges provided above and follow the step-by-step guidelines we’ve provided to complete your purchase.
We recommend OKX as the best crypto exchange to buy Bitcoin and other digital assets with Moneygram conveniently.
