In 2024, the amount of Bitcoin transactions reached above 1 billion, making it an alltime high mark for the first world’s cryptocurrency. Crypto indeed keeps winning more space on the financial market, and it adjusts, creating more opportunities to use it.
Not so long ago you only could onramp crypto on specific exchanges, and today there are a variety of methods to store, trade and purchase goods or services with assets from the top digital currency list. They are tailored according to the needs of the users, regulatory framework in the countries they reside, and convenient financial instruments for each region. Just search “buy crypto India” or “buy crypto Malaysia”, or any other region you’re interested in, and discover the local options.
For modern people who follow the latest trends in finance, there are several methods to ramp crypto. Let’s observe them all.
This is the great way to purchase crypto for cash. It’s popular for people who don’t want to deal with Internet banking or in countries where the banking system is yet to become friendlier for their users.
The good old way to buy crypto with debit card is still quite popular. You can either make a purchase from the exchange directly or with the help of p2p. Exchanges evolved much, and now many of them are available as apps for smartphones, which is very convenient.
A bunch of crypto wallet mobile apps also have the option to purchase cryptocurrency right away inside the app, and then store it in there or withdraw to your bank account.
Buying crypto in a mobile app is the easiest thing ever. Their interface is usually self-explanatory, and the most difficult thing to do for you might be an identity verification or introducing 2FA. The first is required to provide the safety and legal compliance of the app, the second is to protect your assets.
How to find the best app to buy crypto? You should opt for the one that is safe, legal and supported by your local payment methods. For example, financial instruments convenient for European residents might not be an option for those of the Asian-Pacific region. Let’s figure out the best place to buy, sell crypto or store it, no matter what their local payment scenario is.
Bitget is an exchange where you can purchase cryptocurrencies via various local payment methods, specifically those that are used in APAC countries. For example, it supports QRIS for Indonesian residents and virtual accounts that make bank transactions so much easier.
Just hit a “Quick by button”, and then you will see two options of third party choice. It can be either Alchemy Pay or Swapple. Onramp with Swapple is beneficial because it automatically offers the best rates and supports a wide variety of local payment mechanisms. Alchemy Pay is a payment gateway integrated with multiple exchanges and services; it is focused on solutions for businesses. For Swapple, the fees are 0-1%, for Alchemy Pay it depends on the service integrated with it.
Bybit is one of the biggest Asian crypto platforms, and it was tailored to suit the needs of customers and regulatory framework in the Asian financial field. It also uses a Swapple payment gateway known as GEO Pay before brand change. The fees are tied to their VIP-program and vary on its different levels.
MetaMask is one of the most popular crypto-wallets where you can buy and sell crypto right away. It is integrated with the liquidity providers that help to conduct the transactions between the networks. The fee charged by Metamask is 0.875% plus the destination network’s fee plus the liquidity provider fee. After hitting “Get quotes” you will see the available provider options and choose the most suitable one.
With Trust Wallet it’s pretty much the same. Choose the currency you want to onramp, then the third party and proceed to the purchase. The fees can be different according to the speed of transaction and the network capacity. The app tries to select the most profitable ones, but they may still vary in their price
.
MoonPay is a unique buy-sell crypto app where you can gather all your crypto wallets and manage them from one place. You might not even need to open an account, although you can do it. Then you only need to verify some basic information and you are ready to buy crypto with a payment method convenient to you. The fees on MoonPay range from 1% to 4.5% depending on the chosen payment method.
MoonPay is a unique buy-sell crypto app where you can gather all your crypto wallets and manage them from one place. You might not even need to open an account, although you can do it. Then you only need to verify some basic information and you are ready to buy crypto with a payment method convenient to you. The fees on MoonPay range from 1% to 4.5% depending on the chosen payment method.
