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April 18, 2018

Buy cryptocurrencies locally with our peer-to-peer marketplace

peer-to-peer

Know more about the marketplace that lets you buy crypto from around the world.

Unlike many other exchanges, Coindirect has built a platform where its users can trade directly with other users for zero fees. This gives you the advantage of being able to start buying or selling immediately without first transferring your money into a separate trading account. It also means that you’re able to save time by using convenient payment methods like local bank transfers. The Coindirect Marketplace makes transacting with other users safe by verifying accounts through KYC and AML regulations.  

Coindirect supports 24 countries across the globe including Australia, India, Nigeria, United Kingdom, Canada and Malaysia. This means it’s possible for you to buy your cryptocurrency from verified users from within your country. Alternatively, if there is no seller in your country, you can make purchases from vendors in a different country. This is possible through trusted international money transferring services such as SEPA and PayPal. Keep reading to find out how to make the most out of the Coindirect Marketplace and wallet.

Local Bank Transfers
Making direct local payments can be the quickest way to buy cryptocurrencies using Coindirect. Use the bank you use every day without transferring to any third party service. Paying directly to the Coindirect verified seller can means zero fees from Coindirect and much less admin. Once a Proof of Payment from the bank is provided, the transaction can be concluded. When you use the online banking option the payment, submission of proof of payment and transfer of coins is instant.     

coindirect countries

The 24 countries currently supported by Coindirect

SEPA Transfers
For countries within the Single Euro Payment Area, bank transfers of Euros are made easy. The European countries that are currently supported by Coindirect include Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, Spain and the United Kingdom. As members of the EU, our European customers can consider offers in any of the SEPA accepting countries.

PayPal and TransferWise
If you have an existing PayPal or TransferWise account, it can be a convenient and quick way to buy cryptocurrencies on the Coindirect marketplace. It also means you are not restricted by borders, as there are vendors in multiple countries that will accept Paypal and TransferWise as a payment method. You’re able to browse offers in alternative territories by changing the country tab in the top left corner of the Coindirect homepage.   

Converting Coins
With a Coindirect account, you’re able to instantly convert your bitcoin or ethereum into 40+ of our altcoin options. Similarly, any of the 40+ supported altcoins on Coindirect can be converted into bitcoin or ethereum. This means you can convert an existing bitcoin balance you may have into Cardano with just a few clicks.

If you own cryptocurrency outside of Coindirect you can send the desired amount to the corresponding wallet in your Coindirect account. If you don’t see the desired wallet under the wallets tab, simply click ‘Add Wallet’ and select it from the list to instantly create it. Once you have a balance reflected in you Coindirect wallet, you’ll be able to use the ‘Convert Coins’ button. This will bring up a window where you can type in the amount you want to convert and the currency you want to convert it to. It’s that simple.  

altcoins

The 42 cryptocurrencies currently available on Coindirect