How to buy XBT – The 7 Fastest Methods

How to buy XBT – The 7 Fastest Methods

Although investing in crypto may seem a bit complicated, it is actually very simple. In this article, we will show you how to buy XBT in a few simple steps.

For those that are relatively new to the crypto space, XBT stands for BTC. Big trading platforms may use the term XBT to showcase trading pairs or wallet addresses that are related to the most popular cryptocurrency in the market.

How to buy XBT within minutes

There’s a misconception that buying XBT is difficult and requires extensive knowledge of the market. We’re here to debunk this myth and prove the contrary.

Before starting the process, make sure you have a BTC Wallet. You will need to provide your wallet address in order to receive your coins.

Also, make sure you have an account on Paybis. If you haven’t done that yet, go ahead and sign up on our platform.

We are now ready to get started!

1. Credit / Debit Cards

Credit and debit cards are one of the fastest ways to make online purchases and for a good reason. If not the most popular, it is certainly the option that is currently trending on most exchanges worldwide. Not only is it the easiest way – we all have credit cards – but it is also the option users are most familiar with.

On Paybis, users can pay with their bank card to purchase XBT and other cryptocurrencies. This particular method has several benefits:

  • No fees for your first transaction
  • Several currency options
  • Support for both VISA and Mastercards

Here’s how the process works:

Step 1 – Head over to the transaction panel and select the trading pair.

how to buy XBT

Visit Paybis and select your payment and payout method. If you are buying XBT, the trading pair will be preselected. Feel free to adjust the payment method in case you wish to pay with a different currency.

Step 2 – Enter the amount you wish to exchange and start the transaction

second step

Step 3 – Verify your account

Next, if you are a new user, you will need to verify your ID. Start by entering your full name and date of birth.


Next, add your billing address and location to proceed.

verification step 2

Finally, upload a copy of your preferred ID document and click on Submit.

how to buy xbt

At this point, you will need to wait for a few minutes. Our team will go through your submissions and determine your eligibility to complete the transaction.

Once your account is verified, enter your wallet address (public address) and follow the on-screen instructions to proceed to the payment page.

Step 4 – Payment 

You will now proceed to the payment page. Follow the instructions and enter your card’s details to complete the payment. 

As soon as the payment goes through, the XBT will be sent to your wallet.

2. Digital Payment Systems

Digital wallets have become increasingly popular in the last few years. If you want to know how to buy XBT using non-conventional methods, this might be your answer. 

Paybis offers four different digital wallets as payment methods. These are:

By using these options, you will be able to acquire XBT in less than 5 minutes. Here’s how:

Step 1 – Log in and start a new transaction

How to buy XBT

Choose one of the four different digital wallets that our exchange supports in the left column of the interface.

Next, from the right column, select your receiving currency – BTC. The option should be preselected when you log in.

Step 2 – Type in the amount you want to spend and start the transaction

select the amount you want to spend

Choose your currency from the options available.

Next, type in the amount you wish to spend. The system will show the amount you are expected to receive (in BTC value). Since this is your first transaction, you will not have to pay any fees!

Once you are happy with your choice, start the transaction.

Step 3 – Verification Process

The verification process is identical with the steps you need to follow when paying with your bank card. A simple, basic verification is all that is needed, to qualify your account for high payment limits.

Step 4 – Payment 

The actual payment process looks different, as compared to the previous option. As soon as your wallet address is entered, you will be redirected to your digital wallet’s secure payment page. Follow the instructions and complete the payment there. 

As soon as the payment goes through, the XBT will be sent to your wallet. This shouldn’t take more than a few minutes as digital wallet transactions are almost instant. 

3. Bank Transfers

If you don’t have a credit card or e-money wallet, there is a third option you can use. 

Bank transfers may not be as fast as the two options described above, but they are a fool-proof method to buy XBT.

  • Most banks will process your payment in less than 24 hours.
  • To make a transaction where bank payment is the preselected payment method, click here.

4. Cash (XBT ATMs)

bitcoin atm

For investors that value their privacy and have cold cash lying around, ATMs are a great way to buy XBT quickly. 

Most of the time, BTC ATMs do not require ID verification for purchases under $2000. 

With cash transfers being pretty limited across European countries, converting it to XBT might be a good idea. 

Remember, unlike cash, XBT is permissionless, so you can send it to anyone anywhere in the world, without any restrictions. 

To start, head over to CoinATMRadar. Here, you will find all the registered crypto ATMs placed on an interactive map. 

This website will allow you to search ATMs by region and find the ones closest to you with the most affordable fees. 

Bitcoin ATMs

Just keep in mind that buying XBT with cash has its own caveats. 

While it may take just a few minutes to make a transaction, you will first need to visit the actual location where the ATM is placed. 

5. P2P Exchanges (Escrow Services)


LocalBitcoins allows users to exchange BTC with one another using many different payment methods. Some of those methods are instant and take less than 5 minutes to complete.

Yet, to make use of such opportunities, you will need to find users that are online at that current moment. 

One thing you need to remember is that, as of Oktober 2019, LocalBitcoins has a cap on unverified transactions.

Users can spend up to $1000 per year without verifying their accounts. 

If you wish to spend more, you will need to submit your personal document, a process that will add to the time required to complete your transaction.

Nonetheless, when searching for how to buy XBT in smaller amounts, LocalBitcoins is a great option. Here’s how it works:

Overall, P2P platforms seem to be getting more attention. Currently, new p2p platforms are automating the matching process in order to make transactions even faster.

We can expect that this method will become even more popular in the years to come.

6. Gift Cards


Gift cards are a great way to lower the burden of gift shopping. They allow the buyer to save time while providing value to the receiver.

In the case of buying XBT, gift cards provide several hidden advantages. 

  • The first benefit is obvious – you get to convert an undesirable gift card into something much more valuable
  • The second benefit is that exchanging gift cards for XBT provides 100% anonymity. This means that you can buy gift cards for cash and directly swap their value online. 

To go through this process fast, you can make use of Paxful. 

This escrow service is similar to LocalBitcoins and allows users to choose from a wide variety of payment methods to buy XBT quickly. Among them are also several gift card options.

So, what’s the catch? Well, once you visit the website, it becomes pretty obvious that, as a buyer, you will be getting the short end of the deal. 

The fees imposed by users are pretty high. You should be paying a premium of at least 15% on top of the current XBT value. 

This is a fairly steep price to pay, even for full privacy. 

7. Writing Checks

Another option, which may sound pretty unpopular, is buying XBT with a check. Again, to go through this process as quickly as possible, Paxful comes to the rescue. 

Even though writing checks aren’t that popular nowadays, it’s good to know that the option still exists. 

Simply search for a seller that is willing to accept a written check in exchange for XBT. 

You can check out this video, to see how Paxful works: 

Instant XBT Purchase Options to Get Your Coins Fast

To wrap up, we can say that there is a wide array of options when it comes to XBT purchases. There’s no reason to hesitate if you want to invest in the cryptocurrency market, as the process has become easily accessible to almost anyone. 

Here are the methods you can use:

  • Digital Payment Systems
  • Credit or Debit Card
  • Bank transfer
  • Cash (through ATMs)
  • P2P Exchanges (Escrow Services)
  • Gift cards
  • Writing a check

Choosing the best option might be a challenge, especially when it comes to beginners. 

If you don’t have the time to weigh out the pros and cons of each proposed method, we have the simplest solution of all: Click here to use Paybis.

Frequently asked questions

Bellow, we will answer some of the most common questions on the topic.

If the payment limits are not high enough for me, can I buy smaller amounts from multiple exchanges?

Yes, you can. If you reach your limit of $1000 on an escrow exchange like LocalBitcoins, there is one solution for you – You can verify your ID in order to increase your limits and enable you to buy more XBT. 

Which is the safest way to buy XBT?

The safest and fastest way to buy XBT is by using an exchange like Paybis. Here, you won’t have to deal with other users that might scam you, but instead, you will be purchasing through an exchange with a proven track record

Additionally, you won’t need to carry large amounts of cash in the open like you would have to when using an ATM. 

Why does it take so long to receive my XBT when making a bank transfer?

Most bank payments are completed within 24 hours. However, in some cases, transactions can take up to 5 working days to complete. This is because your funds need to pass through different fraud detection processes before they are sent to the recipient. 

Another reason for these slow transfers is that banks often delay them purposefully, so they can earn profits on your money by trading or investing it during the transaction window.  

Is there any bank that will allow me to buy XBT without waiting so long?

Currently, there are no banks that allow for instant money transfers. Even the faster ones require a window of 24 hours for transactions to be processed. 

However, for banks in the same country (for example a SEPA transfer form a German bank account to a German bank account), transactions can be completed in a matter of hours. 

Which of the above options is the most private?

Cash transactions are the most private. As mentioned in our post, most ATMs do not require ID copies for XBT purchases under $2000, some even allowing up to $5000. 

Most of this information can be found on CoinATMRadar before you even make your way to the ATM. 

You might have to verify a phone number in some cases, but as these can also be obtained without ID verification (prepaid cards), the process remains quite private.

Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info