Bitcoin to Western Union has become a new way to go in the challenges brought about by the digital currencies like the Bitcoin, which recently became a force to be reckoned with. People who never believed in investments, especially in non-material investments have now started investing in cryptocurrencies like the Bitcoin, as it has shown the world how profitable it can be. However, the growing popularity of Bitcoins has in fact, given a much-needed boost to the cryptocurrency industry, which was previously unheard of by most people, but is now one of the fastest-growing and most profitable ventures around the world.
Undoubtedly, this development brought a new challenge in the exchange and regulatory matters, since the use of technology has made it difficult to control and manage the origin and exchange of the resources that come to these platforms, including Bitcoin, especially, in the countries where there are still no clear rules on their transactions. However, companies like Cryptocom, Coinstats have emerged, seeking to drive the correct use of crypto assets.
This they achieve by providing the best ways to buy and sell Bitcoin using various payment methods such as Bitcoin to Western Union.
Why Use Western Union to Buy and Sell Bitcoin?
West Union is the global leader in money transfers and is available in hundreds of thousands of locations worldwide. You can deposit money with instructions from your online provider at the nearest branch as the service is available in most countries of the world. This should not be too difficult, as they have over 500,000 locations in almost 200 countries of the world.
The main idea is to go to the Western Union branch near you and fill out a deposit receipt with the seller’s account information. In return, the seller will supply bitcoin to his wallet. Some of the sellers will need an ID for verification. Although it is a traditional method, the purchase process is much faster here than with some other forms of payments.
How Does Bitcoin to Western Union Work?
Using Western Union to buy and sell Bitcoin works very simply. To send a transfer, you only need to provide your identification and recipient details, which include full name, city, and country. The agent will need about 15 minutes or more to process the payment, and it will be available for the other side to pick up in a few minutes. But first, of course, you need to sign up for one of the best bitcoin selling platforms via Western Union, like Cryptocom to receive accurate deposit information. Usually, you receive your coins within one business day after your deposit.
Best platforms to Exchange Bitcoins to Western Union
Cryptocom is one of the best platforms to exchange bitcoin to Western Union; the most recommended, safe, and reliable option. They exchange Bitcoin to Western Union instantly to anywhere in the world. They provide one of the fastest, secured, and low fees exchanges when it comes to Bitcoin transactions. They have upper hands in the market share when it comes to selling and buying Bitcoin to Western Union.
Using Cryptocom will allow you to exchange Bitcoin to Western Union anywhere you are in less than a day: transfers take no more than one business day. All you need is just to present your passport to the Western Union operator and your transactions will be easy and safe at all times. For users who want to pay by other methods, they still have the option to pay to Paypal, Bank, Visa/Mastercard.
Some benefits of this platform include the fact that you will not have any specific restrictions on the amount of Bitcoin purchases, unlike some other platforms. And when you place your order, you will enjoy automatic cryptocurrency exchange.
Conclusion
With the increasing and popularity of the Western Union buying of cryptocurrencies, bitcoin is becoming easier and easier. And with Cryptocom, you can sell or buy Bitcoin to Western Union in a simple, secured, and more easily and reliably.