Nowadays, people in Pakistan are becoming more interested in buying digital currency. Still, unfortunately, due to fewer guidelines and knowledge, it is considered a bit complicated. Yet, the good thing about this article is that we are providing you a step-by-step guide to buying bitcoin from two reliable sources using your national bank account. The first and mandatory thing is to have your online banking activated so that you may approach websites that are meant for the trading of bitcoin currency. To buy bitcoin in Pakistan using local bank transfer, you can select the image below or continue reading for detailed guidance.
First, you must have an account on Paxful. If you already have one, then it’s quite good, but even if you don’t have one, you can make it within a little time using your NIC and your picture. These two requirements from the website are to verify the identity of the person who is making a profile on Paxful so that the rate of scam can be minimized. Now considering that you have your Paxful and national bank account, we will go towards buying bitcoin.
Here is a step-by-step guide for you to remove any ambiguities related to buying bitcoin from Paxful with your national bank account.
After reaching the main page of Paxful, you will see Buy written in a blue box on the left side at the top of the screen. You have to click on that.
There is a list under the same buy option with different requirements that you need to fill for finding sellers. First from those is the type of cryptocurrency that you want to select. Click on bitcoin from the mentioned three types of cryptocurrency
The next thing that will be asked is the payment method, and you will have to select a Bank transfer that you can easily see at the top of other options.
Then comes the amount of which you are interested in buying bitcoin. After entering the amount, there will be another small box before the amount you will enter in which you will have to select PKR (Pakistani currency)
The next step is to enter the offer location that must be Pakistan
Then finally click on show offers written in a rectangular blue box
A long list of sellers will appear on the right side of your screen from which you have to choose anyone, just like we selected the first seller that appeared on the top. Click on the blue buy button written at the end of the row.
Once you have selected the seller and clicked on the buy button, the above box will appear before you where you will enter money in PKR, and in the next box, you can see the amount of bitcoin that you will receive.
Then again, you can see a blue bar written buy now on it, but before clicking on it, we will recommend you to avail the chat option with the seller that is mentioned just beneath that blue bar.
After communicating with the seller, you can share bank account numbers, and when the payment is made and the receipt will be uploaded, Paxful will release your bitcoins in your account after confirmation from both sides.
Buying bitcoin with Binance is pretty simple. All you need is to create a Binance exchange account, which you can easily create with your ID. After that, you need to go to p2p trading and select your favorite currency that you want to buy. Find the best trader that fits your need and initiate a trade with him. Most of the time you have to pay the trader instantly using your local banks and send them the receipt, the coins are released in less than 15 minutes. Provided the trader was online.
The process of making an account on local bitcoins is not very different from Paxful except the one thing that they give you a choice within passport or NIC. You may use either one to make a verified account on local bitcoins. Once you are done with making an account and its verification, you can move towards the main thing that is buying bitcoins and approach sellers for this.
Here is the step by step explanation to help you buy bitcoins using localbitcoins.com
The first thing that you need to do after opening the web page of local bitcoins is to click on buy bitcoins that you can see written on the left side on the top.
There is a highlighted box, the main heading of that box is Quick buy. Within that box, other small rectangular boxes are asking for different things. The first thing in that box is the amount of which you want to buy bitcoin.
The next box is asking for the currency, and you have to select PKR from several options
Then you will select for the country, i.e., Pakistan.
After that, you have to choose the bank account from which you want to transfer money, and you will select National Bank transfer.
When all the required information is provided, you will click on the search button
A list of sellers will appear before you, from which you will select anyone, after reviewing the rate and other information. Click on the buy button in the white box, communicate to the seller with the chat option and ask for his bank account number or anything else you want to enquire about.
Once the payment will be made, the system will transfer your bitcoins to your wallet.
So, guys, this was the method to buy Bitcoins using local banks in Pakistan or you can say it is the method of buying bitcoin using national banks of pakistan. If you have any queries, please don’t hesitate to ask in the comment section.
Tw guys yeh tha method bitcoin kharedny ka, agar aap b soch ry thy k bitcoins kesy kharedain tw isy follow kejiye