Buying bitcoin with Astropay is not an easy task as many exchanges do not support this payment method. I went on a hunt to find the best ways to buy bitcoin with Astropay. Astropay is a popular payment method used in Latin America and there is growing interest among people to buy bitcoin.
In this article, I will share 4 top ways to buy bitcoin with Astropay. Do note that some of the peer-to-peer exchanges might have inflated prices because the sellers control the prices and exchanges can’t do much here. I have shared both centralized and peer-to-peer exchanges, you can opt for the ones that best suit your requirements.
Top 4 Best Ways to buy Bitcoin with AstroPay 2022
CEX.IO tops my list as they are a reputed exchange. Based out of London, CEX.IO has been operating since 2013 offering crypto exchanges services. They have partnered with Astropay to provide easy payment options to their customers from Latin America.
This integration allows users to buy bitcoin with Astropay without a hassle. What I like about CEX is that they are evolving into an all-in-platform. In addition, it buying/ selling bitcoin and other cryptos, users can also earn crypto through the staking program. Their loan program allows you to get liquidity for your trades by keeping the long-term cryptos as collateral.
The web version and the mobile app are easy to use and beginner-friendly. In addition to Astropay, they have other payment options available. The only downside is that their fees are relatively higher when compared to other centralized exchanges. But if you ask me, it’s worth it for the experience they provide.
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.
The funds are safe because the transactions are secure with escrow, the chances of fraud are minimum thanks to the escrow integration. As this is a peer-to-peer exchange, you might have to pay a premium for Bitcoin depending on the sellers.
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 complete other KYC requirements, 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 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 use AstroPay. We highly recommend AlfaCashier to anyone interested in buying Bitcoins with AstroPay.
How to Buy Bitcoin With AstroPay
Buying bitcoin with Astropay is super easy once you find exchanges that offer it as a payment method. You will find this on many centralized exchanges but we have researched and found a few. There is no guarantee that all options will work because the exchange policies keep changing. Here’s a quick step by step process to buy bitcoin with Astropay:
- Decide the type of exchange- Centralized or peer to peer, our list above can help you
- Complete the sign up process (KYC required for centralized exchanges)
- Filter sellers based on Astropay Payment method (This step is only if you choose Peer to peer exchanges)
- Choose the desired amount of Bitcoins and pay for it
It’s a tough choice between these three exchanges. We like CEX.IO for its 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.
Anish loves reading, researching, and writing about crypto and blockchain. He started his crypto journey early in 2017, what started as a fad is now a full-time hobby. He curates guides after thorough research on platforms and is responsible for the most in-depth guides on the site. You will find him walking his dog (not Doge) when he is from his Laptop.