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How to purchase crypto using a Bank transfer through BANXA?

BANXA BUY Operation

  1. Select the Crypto to purchase and then choose the Currency from the dropdown menu in the field.

  2. Default You Pay orders will be displayed based upon currency selection.

  3. Choose the partner BANXA.

    After selecting the crypto and currency fields, the relevant partner options will be displayed.
  4. Click the Buy now button. 

  5. Check the Terms and Conditions and Privacy Policy check boxes.
  6. Click the Continue button.

Bank Transfer Payment Process

  1. Check the Order Summary and then choose the payment options Visa/Mastercard, or Bank Transfer.

    Payment options will be displayed based on the selected country.
  2. Choose the Bank Transfer option.
  3. Click the Create Order button.
  4. Verify your phone number with BANXA.
  5. Enter the four-digit OTP and then click the Verify button.

    You will receive an SMS verification message from BANXA to your registered phone number on IXFI.

  6. Read the Consent to Personal Data Processing and check the box (if you agree).
  7. Click the Next button on the Verify Your ID page.
  8. Choose your document type (ID Card, Passport, Residence permit, and Driver's license) for your verification and click the Next button.


    The Verification process can be completed either Web or Phone.

 

Verification Process on Web

  • Choose your document type (ID Card, Passport, Residence permit, and Driver's license) for your verification. 
  • Click on the Upload the document section, choose your document and then click on the Next button.
  • Click on the I'M Ready to take Selfie to complete the verification.
  • Click the Next button on the Review page of Identity Documents.

    Sumsub, Banxa's verification partner, will receive and approve the documents instantly


Verification Process on Phone

  1. Choose your document type (ID Card, Passport, Residence permit, and Driver's license) for your verification. 
  2. Click the Continue on your phone option to start the verification on phone.
  3. Enter the phone number and click the Send Link button or
  4. You can copy the Sumsub verification link to start the verification process or
  5. You can scan QR Code to start the verification process.

  6. Click on the I'M Ready to take Selfie to complete the verification.

  7. Click the Next button on the Review page of Identity Documents.

 

Payment Process

  1. After successfully completing verification, it directs to Pay with PoLi page and click the Continue button to choose the bank account.
  2. Login to your selected bank account, and click the Continue button.
  3. Select the account to transfer money, and click the Continue button. 
  4. After your payment request has been completed successfully you will get the transaction receipt.