Buy Bitcoin with InstaPay

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How to Buy Bitcoin with InstaPay

Easy Way to Buy BTC with InstaPay

To begin, you need to create accounts at both Paybis and InstaPay.
 
  • Visit the Paybis website and sign up for a free account.
  • Complete the Know Your Customer (KYC) verification process by submitting the required identification documents.
This process ensures compliance with legal and regulatory standards, enhancing the security of your transactions.

Simultaneously, ensure you have an active InstaPay-enabled bank account or e-wallet. Setting up these accounts is a one-time process that opens the door to quick and easy Bitcoin purchases.
Your Bitcoin will be instantly transferred to your specified wallet once the payment is processed.
 

What is InstaPay?

InstaPay is a real-time electronic payment service in the Philippines that facilitates instant money transfers between participating banks and e-wallets. 

Operated by the Bangko Sentral ng Pilipinas (BSP), InstaPay supports 24/7 transactions, ensuring that you can send and receive funds anytime. 

This service is widely used for various purposes, including online shopping, bill payments, and now, purchasing cryptocurrencies. Its secure and efficient infrastructure makes it an ideal choice for buying Bitcoin at Paybis, offering a seamless experience from start to finish.

 

Fund Your InstaPay Account

Before initiating a purchase, make sure your InstaPay account is sufficiently funded. You can add money to your InstaPay-enabled bank account or e-wallet through bank transfers, over-the-counter deposits, or linking your account to your local bank.

Check with your specific bank or e-wallet provider for detailed instructions. Having enough funds in your InstaPay account guarantees a smooth transaction process when you are ready to buy Bitcoin at Paybis.

Regularly maintaining your InstaPay balance can save you time and ensure you are always prepared for quick transactions.

 

Buying Bitcoin at Paybis Using InstaPay

With your Paybis and InstaPay accounts set up and funded, you are now ready to buy Bitcoin. 
  • Log into your Paybis account and navigate to the "Buy Crypto" section. 
  • Select Bitcoin as your desired cryptocurrency and enter the amount you wish to purchase. 
  • Choose InstaPay as your payment method. 
  • You will be prompted to enter your Bitcoin wallet address where the purchased Bitcoin will be sent. 
  • Review all transaction details carefully and confirm your purchase. 
The payment will be processed instantly and your Bitcoin will be delivered to your specified wallet without delay.