Best Crypto Exchanges to buy Crypto with MoonPay
MoonPay offers one of the cheapest payment services among popular payment providers. The platform provides a fast and straightforward way to buy cryptocurrencies with your most convenient payment option.
Users can buy Bitcoin and other cryptos with various payment methods, including SEPA transfers, bank cards, GooglePay, and many more, using multiple fiat currencies, including USD, EUR, and GBP.
In this article, we’ll explore the best 3 crypto exchanges for buying cryptos with MoonPay and provide step-by-step guidelines to help you complete your purchase on each exchange. They are:
- BingX – Best No-KYC Crypto Exchange with MoonPay
- Phemex – Best Alternative Exchange with MoonPay
- BYDFi – Best Exchange for U.S. users with MoonPay
1. BingX
BingX is one of the world’s leading cryptocurrency exchanges. With over 5 million global users and over 500 cryptocurrencies on the platform, BingX is an attractive choice for active traders.
Users can also access a comprehensive trading interface that is easy for beginners and equipped with advanced trading tools, including technical indicators and real-time charts for experienced traders.
On the spot market, charges are set at 0.1% for both makers and takers, while for futures trading, charges are 0.02% for makers and 0.05% for takers.
If you want to securely buy Bitcoin and other cryptos with MoonPay on BingX, follow the step-by-step guidelines below.
Step 1: Sign up and Verify on BingX
To buy cryptos on BingX, you must first create an account using your email address or phone number and verify your identity by uploading a valid government-issued ID and completing the facial recognition. That is required for users to buy cryptos on BingX.
Step 2: Go to the “Buy Crypto” Section
At the homepage’s top left corner, click “Buy Crypto” and select “Quick Buy” from the drop-down menu.
Step 3: Enter your Order Details
Proceed to enter your order details on the next page. Select your preferred crypto and fiat currency, enter your purchase amount, and click “Buy.” In this case, we’ll buy BTC for 300 USD, as shown in the image below.
Step 4: Choose MoonPay as your Preferred Payment Method
On the next page, browse the available payment methods and select “MoonPay.” Confirm your order details, click “Buy, ” then agree to BingX’s disclaimer policy and click “Confirm.” That would take you to MoonPay’s website to complete your payment with your preferred option.
Step 5: Proceed to pay with MoonPay
On MoonPay’s website, enter your order details again and click “Continue.” Then select your preferred payment option and follow the prompts to complete your crypto purchase securely.
You must complete a mandatory KYC verification on MoonPay before payment. Once your transaction is complete, your crypto will be credited to your BingX account.
2. Phemex
Phemex is a leading centralized exchange that supports various trading options, including spot trading, futures trading, Web3, and many more. With access to over 200 cryptos and over 100 trading pairs, Phemex is popular among active traders.
Additionally, Phemex supports MoonPay for buying cryptos instantly on the exchange. The platform supports various fiat currencies, including USD, GBP, and EUR, through MoonPay for buying cryptos.
Follow the comprehensive guidelines below to buy Bitcoin and other digital assets securely with MoonPay on Phemex.
- The first step is to create an account on Phemex using your phone number or email address. Then, log in and verify your identity by providing your personal information and uploading a valid ID.
- At the homepage’s top left corner, click “Buy Crypto” and select “One-Click Buy/Sell” from the drop-down menu.
- Proceed to enter your order details on the next page. Select your preferred crypto and fiat currency, enter your purchase amount, and click “Buy.”
- In the next window, select “MoonPay” as your preferred payment method, as shown in the image below. Then, click “Confirm”. You can see the various payment options supported, which include SEPA, Visa/Mastercard, GooglePay, and many more.
- Review your order details and agree to Phemex’s disclaimer policy. Then click “Confirm”. That would take you to MoonPay’s website to complete your payment with your preferred option.
- Follow the prompts provided on the website to complete your purchase securely. However, note that you’ll also be required to verify your identity on the website before completing your crypto purchase with Mecuryo.
- Once your transaction is complete, your cryptos are added instantly to your Phemex account.
3. BYDFi
We recommend BYDFi as the best crypto exchange for U.S. users due to its adequate regulatory compliance and easy accessibility. The platform also supports over 400 cryptos for active trading.
On the spot market, charges are set at 0.1% for both makers and takers, while for futures trading, charges are set at 0.02% for makers and 0.06% for takers.
If you want to buy cryptos securely with MoonPay on BYDFi, follow the guidelines below.
- Set up your BYDFi account using your phone number or email address and verify your identity by uploading a government-issued ID.
- Click on “Buy Crypto” at the top of the homepage.
- Select your preferred crypto and fiat currency on the next page, then enter the purchase amount.
- Browse through the list of third-party payment providers below and select “MoonPay.” Click “Buy Now” to proceed to MoonPay’s website to complete your purchase.
- On MoonPay’s website, enter your order details again and select your preferred payment option.
- Verify your identity and follow the prompts provided to complete your payment.
- Once your transaction is complete, your cryptos are added instantly to your BYDFi account.
About MoonPay
MoonPay is a payment service that facilitates seamless fiat-to-crypto transactions at low fees. With support for various payment options, including bank transfers, credit/debit cards, ApplePay, and more, MoonPay allows users to choose the most convenient option for crypto purchases. The platform also operates globally, allowing users from different countries to access its services.
Bottom Line
MoonPay makes crypto purchases very affordable and convenient. You can choose any of the crypto exchanges provided above and follow the guidelines to purchase cryptos with MoonPay securely. However, we recommend BingX as the best crypto exchange for buying Bitcoin and other digital assets with MoonPay.
