AstroPay is a cash and online payment processor being widely used in Latin America. Buying Bitcoin with Astropay can be a bit of a hassle since there aren’t that many Bitcoin exchanges accepting it as of right now.
If you want to buy BTC with AstroPay you need to start out by buying an Astropay voucher by cash or online. However, it’s safe to assume that you already have a pre-loaded AstroPay card, so we will spare your time by not explaining how to load one up. Instead, we will jump right into the list of the best exchanges that accept Astropay. Are you ready? Because we for sure are!
Best Exchanges to buy Bitcoin with AstroPay on
Bitex.la is an exchange especially focused on South American countries such as Chile, Peru, Brazil, Mexico, Argentina, and Uruguay. On Bitex you have the option to fund your account using cash or… you guessed it, Astropay. The fee when using AstroPay is 2.5%, as well as a 0.5% fee for each trade you make (this is a standard on most exchanges). In 2014, Bitex acquired a service formerly known as Conectabitcoin.com, that made the process of buying Bitcoin easier for new-comers and implemented it on Bitex. This resulted in a way more user-friendly and easy-to-use platform.
With a 2-step authentication process combined with the fact that they have had some years in the business (2014) makes them a secure way to not only buy and sell cryptos but actually store them on the exchange (we do, as always, recommend a Bitcoin wallet for storing Bitcoins that you aren’t actively trading with.)
When depositing with AstroPay it will take 2-10 business days before the funds are available on your account. Once you have verified your identity to Bitex you can deposit up to $3000 per month. If you identify yourself further, by providing a utility bill, you will be able to deposit up to $10,000 per month.
We highly recommend Bitex due to the fact that it is the most established and secure exchange we’ve found that offers Astropay as a payment method.
AlfaCashier is an exchange that has been around since 2012 but started offering the exchange of Bitcoins in 2013. While AlfaCashier might seem like a normal exchange, it is not. With AlfaCashier you don’t store your coins on the exchange at all, you simply buy the coins and they ask which address it should be sent to. This means that if you want to use AlfaCashier, you will need to have a Bitcoin wallet in place.
AlfaCashier is one of the two exchanges we could find that accept AstroPay as a payment method. AlfaCashier is also a wide array of other payment methods that normal exchanges don’t offer, which makes it a great candidate for those that want to pay by AstroPay, Perfect Money, MoneyPolo, and OKPay, to name a few.
AlfaCashier is not a peer-to-peer exchange but rather an “exchange bureau” that sells Bitcoins directly to end-consumer. They will price the Bitcoins at the market rate. Since they do not store any coins on the exchange themselves, and you are only handing them the public seed key, they have never been a target of a serious hack. If they are hacked, since they don’t store any of your seed keys, you will be just fine.
The exchange fee for cryptocurrencies is 2-3%, which is the same figure you will find on other exchanges that using AstroPay. We highly recommend AlfaCashier to anyone interested in buying Bitcoins with AstroPay.
Paxful is a peer-to-peer marketplace for Bitcoins, this means that there are individuals selling Bitcoins on their own. Paxful just makes sure both parties get the right amount and keep you away from scams. Sometimes you can find people selling Bitcoin for AstroPay Direct cards, but not always. This makes Paxful a less reliable option if you are interested in continuously buying Bitcoin using AstroPay. You can have luck and find a seller or two there, and if you build up trust with them, who knows, maybe you can continue to use AstroPay to pay the seller.
It’s a tough choice between these three exchanges. We like Bitex for their user-friendly platform and ease of use, but the same can be found on AlfaCashier. Paxful is not always an option, but if it is, you might as well check the pricing there. It is really pointless to give any one of them the title “the best exchange for Astropay” as they are so similar, offering the same fees and support. They are all great exchanges and it really does not matter which one of them you pick.