Categories
buy Bitcoin in Venezuela

How Shiftal Can Help Traders to Buy Bitcoin in Venezuela

Venezuela is a Latin American country that is increasingly relying on cryptocurrencies like Bitcoin after the country was hit by hyperinflation, which adversely affected the nation’s economy. The reason why the Venezuelans are using BTC or ETH is that the cryptocurrencies are immune to inflation. Virtual currencies have become a necessity for them to buying and selling goods and services. This is why Shiftal brings a user-friendly and robust P2P trading platform to efficiently buy Bitcoin in Venezuela.

According to a recent report, over 20,000 shops and enterprises in Venezuela have started accepting cryptocurrency from June 2020. Many store owners are connected to the best crypto trading platform to process payments in BTC or ETH, Shiftal is one of the trading platforms that can help Venezuelans to buy their goods and services by using their cryptocurrencies. With our platform, you can directly connect to your desired trader- with no middle-man needed to facilitate the trade. At Shiftal, we offer the lowest trading fee as compared to other trading platforms.

There are a plethora of benefits you can experience on Shiftal, including the following:

1) Private Trading

Since buyers and sellers are actively searching for people to match their orders, a third party is not needed in P2P crypto exchange trading. This provides the benefit of privacy. Since no third party is involved, only the buyer and seller negotiate. The communication between both parties is kept private.

2) Guaranteed Fair Prices

By opting for peer to peer trading, you can look for comparable prices and even better prices. With P2P crypto trading, orders at better prices are more likely to be filled since both parties have already expressed their interests. This type of trading also reduces the number of cancellations on an order book as the level of commitment between traders is arguably higher than that between traders using an exchange.

3) Faster Trades

Suppose you are at a shop in Venezuela and want to buy something, the shop keeper is asking you to pay in Bitcoin and you don’t have any at that moment. Here, Shiftal plays a great role. Just use your Shiftal App, our identity and credential management partner “Yoti” will take a couple of minutes to do the KYC process, and here you go. With Shiftal, you can receive your BTC in your wallet in very less time.

So, if you want to make your trade easier in Venezuela, having BTC and ETH can be extremely beneficial. If you are a newbie in the crypto market, here is how to buy Bitcoin in Venezuela:

Step 1: Visit www.shiftal.com from desktop, IOS, or Android.

Step 2: Register by clicking “free sign up”; fill the required details.

Step 3: Choose your locations as “Venezuela” and your desired payment mode.

Step 4: Choose a trader with a good reputation score and a high volume of trades to buy BTC.

Step 5: Pay your seller

Step 6: Once the seller confirms the receipt of the payment, our escrow system will release the BTC and send it to your Shiftal wallet.

To Sum Up

Finding a reliable P2P marketplace for secure yet hassle-free crypto trades can be complicated. However, now you are familiar with Shiftal- a trusted, secure, and fast crypto trading service provider that allows you to buy Bitcoin in Venezuela. Give us a try, we assure you to make your trading a seamless and notable experience.

For any query, feel free to reach us at any time.

Categories
Buy Bitcoin with paypal

How to Buy Bitcoin with PayPal Instantly: A Step-by-Step Guide

For over a decade now, PayPal has built the repute of being the leader in online payment services. Being the easiest, fastest, and secure e-wallet, PayPal is allowing its users to buy their desired cryptocurrencies, too. Unsurprisingly, PayPal users are considering using their e-wallets to purchase these digital currencies.

Why buy Bitcoin with PayPal?

Today, almost every trader, whether he/she is a newbie or a crypto expert is looking to find the best possible way to purchase cryptocurrency but numerous exchanges do not accept fiat money. The good news is that there is even a better and easier option to buy Bitcoin with PayPal.

How reliable is it to buy Bitcoin with PayPal?

Safety is always a concern for people who are going to buy something online. Buying with PayPal has always been a remarkably secure method for online purchasing. Generally, the seller feels hesitant about PayPal at times due to chargebacks, but buying with PayPal is extremely safe and easy.

If you are looking to buy a cryptocurrency and embark on your crypto journey, here are a few good reasons to buy crypto with PayPal.

Faster Payments

The online payment services offered by PayPal are getting slicker, owing to its new one-touch checkout functionality. Upon activation of one-touch payments with your PayPal account, you can ensure faster deposits into your crypto exchange accounts without the need to enter your login details every time.

Get peer-to-peer access to crypto sellers worldwide

A plethora of leading peer-to-peer crypto trading platforms that connect cryptocurrency buyers and sellers directly accept PayPal as a payment method, Shiftal is one among them. To ensure secure transactions, Shiftal integrates advanced security features, such as two-factor authentication, dispute resolution system, etc on their platforms. Once you place an order to buy crypto with PayPal, the crypto seller verifies the payment, and your crypto tokens are credited to your crypto wallet in no time.

Benefit from PayPal’s payback button

Using PayPal as your cryptocurrency deposit method allows you to get covered by the website’s buyer protection. If you buy crypto with PayPal and if in case the digital currency does not arrive from your seller, or if the amount is not the same as that you purchased, PayPal can reimburse you (depending upon paypal policies).

Advanced encryption and anti-fraud technology

PayPal takes user protection quite seriously. It uses state-of-the-art anti-fraud technology to monitor all transactions 24/7 to sweep away identity theft and phishing attacks on your data. Moreover, every transaction to crypto exchange is encrypted from your PayPal account.

How to Buy Bitcoin with PayPal on Shiftal?

Step 1: Select the amount of Bitcoin you want to buy in your local currency, such as US. Additionally, select your country (since PayPal is online and you can use it to buy Bitcoin in Venezuela from people who are sitting in Australia that have PayPal), and select PayPal as the payment mode.

Step 2: After you hit the Search button, look at the list of sellers, and choose your preferred seller after reviewing their profile.

Step 3: After choosing a seller, hit Buy to enter your desired amount of BTC and initiate the trade.

Step 4: Once you are ready, click Send trade request. After the seller accepts your request, send your fiat money via paypal and click the ‘I Have Paid’ button. Then, the seller’s BTC will be released from Shiftal’s escrow to your wallet after seller verifies your payment.

Note: Another thing you could do is post your own advertisement for a trade. Just head over to the “Post Trade” option and create your own advertisement with the amount you desire. It will be soon fulfilled by other traders who agree to trade with you.

Caution: Be safe while trading with Paypal.

While trading your currencies with Paypal payment method, be sure to check the seller’s Shiftal profile for feedback, ask for identification documents of the trader if required and/or ask for PayPal profile before making the trade. These are some suggestions to make sure traders are safe while using PayPal as a payment method.

To Sum Up

To enjoy the seamless trading experience and embrace a convenient solution to trade Bitcoin with PayPal from a reliable and secure P2P crypto trading platform, Sign-up on Shiftal. At Shiftal, we also offer some other payment options such as you can buy Bitcoin with cash, credit card, or via other blockchain-based coins as well. So, choose the best suitable playmate option for you.

Enjoy trading!

Categories
P2P Crypto Exchange

5 Things to Consider When Choosing the Best P2P Cryptocurrency Exchange Platform

The growth in the number of cryptocurrency holders and traders led to the introduction of crypto exchange platforms. However, not every cryptocurrency exchange platform is reliable enough to perform crypto-related transactions.

Some are at high risk of being subject to fraud, scams, and hacking. These sorts of events left adverse effects and impressions on a lot of traders.

However, it is important to remember that there are still many cryptocurrency exchange platforms with a strong reputation and security systems. If you are a crypto holder, trader, or investor looking for a trusted, secured, and user-friendly cryptocurrency exchange platform, this blog will help you narrow down your search.

Security Measures

This is the most important factor that every trader seeks in a P2P crypto exchange. A top-notch security feature will not only protect your digital assets on the platform but also the personal information that you provide. Please refer to Privacy Policy.

At Shiftal exchange, we provide multi-layer security systems, such as two-factor authentication, dispute resolution system, Login guard, Login history, etc to level up the security and drive secure transactions.

Platform Authenticity

Today, hundreds of Bitcoin trading exchanges are available for crypto trading. However, some of these might be created by hackers to deceive users. So, when choosing a P2P bitcoin exchange, it is vital to check and verify whether a company is legitimate or not.

You can check this by conducting online research about the company it’s regulation, location, and contact information.

Talk to Our Skilled Support Team Now

Geographical Borders

While bitcoin and altcoins can reach different parts of the world- even those that are unbanked- there are still some jurisdictions that do not fully embrace the capabilities and uses of this kind of digital money. To avoid difficulties in trading, it is essential to check which countries allow crypto trading and which do not.

Shiftal exchange is a European regulated P2P crypto exchange that allows users to trade worldwide. With our exchange platform, a user can easily buy Bitcoin in Venezuela and sell it in another corner of the world. Please refer to Terms and Conditions.

Fees

Another significant factor to consider when choosing a P2P exchange is its rates and fees for every transaction. This factor varies from exchange to exchange. Some platforms charge high prices for buying and selling Bitcoin, while others charge extremely low fees.

At Shiftal, we charge very low fees for trading and withdrawal so that our users can maximize their profits.

Trading Liquidity

Liquidity is defined as ‘how easily assets can be converted into cash’. Since the transaction involves cryptocurrencies, it is crucial to know whether or not a trading platform has a high liquidity feature. This will assure users that their buy/sell orders can be fulfilled quickly.

Weighing All Factors

When choosing a P2P cryptocurrency exchange platform, it is important to take into account various considerations. Different exchanges offer different ways of building security precautions, regulating users, building their network, and building a user experience.

So, if you are looking for a reliable and reputable P2P crypto trading platform, Shiftal exchange is the best bet for you. Shiftal exchange offers multi-layer security and escrow-protected trading to enable users to trade with confidence. Besides, our platform offers 70+ payment options, breaking any kind of payment barrier for users.

Start buying and selling Bitcoins on the most trusted and secure platform!

Categories
Cryptocurrency Trading

Reasons to Buy Crypto with Fiat Currency on a P2P Exchange in 2020

With the existence of various cryptocurrencies such as Bitcoin and Altcoins, there is a huge rise in the number of crypto traders. This has, in turn, resulted in a large number of trading platforms. But the question is, can these platforms resolve the issues with security? Can investors perform instant trading? Is user anonymity a concern? Can these platforms allow people to buy crypto with fiat currency easily?

Yes, there are plenty of questions revolving around! Here comes the solution for these queries in the name of a Peer-to-Peer (P2P) Crypto Trading Exchange.

Wondering how it could resolve? Continue reading to know more!

What is a P2P crypto trading exchange?

As the name itself implies, a P2P exchange is a platform that connects buyers and sellers directly and allows them to conduct global peer-to-peer transactions. The P2P exchange is a completely decentralized form of exchange. This means that the P2P platform does not need any intermediaries to control the exchange, and it entirely runs based on the software. Since there is no involvement of any third party, users can directly trade between themselves more efficiently, securely, and seamlessly.

A P2P trading platform allows users to either create an advertisement to buy or sell their coveted cryptocurrency or choose an existing one, within a certain price range and in a predefined location.

People prefer P2P crypto trading exchanges like Shiftal over centralized exchanges as the former offers faster & secure trading, various payment options (such as a user can buy bitcoin with cash, PayPal, credit card, and bank transfer), automated & hassle-free KYC process, and user-controlled transactions.

The Working Process:

The users get sole ownership of their funds on a P2P crypto trading exchange and no approval is required from any admin to commence a transaction. To paint a clearer picture for you, let’s look at a P2P exchange trading process, step by step:

•           The first step is, the user has to register and create an account with the exchange.

•           Once a user account is created, the exchange automatically & swiftly executes the KYC verification process.

•           After successful KYC verification, the user places the buy/sell advertisement with appropriate details required.

•           The trading exchange platform creates a wallet address for the user

•           The order book matches the buyer/seller with a suitable matching request.

•           The order is confirmed by both the involved parties

•           The smart contract holds the assets until the payment is made by the buyer.

•           Once the buyer makes a payment, and the seller confirms receiving it, the cryptocurrency is released from the escrow system.

•           The asset is then transferred to the buyer’s wallet and stored in it.

What are the benefits of P2P crypto trading?

There are numerous benefits associated with P2P crypto trading on Shiftal exchange.

1) A Global Marketplace

Shiftal exchange offers you the flexibility to trade with local, domestic, or even international traders. Today, you can even buy bitcoin in Venezuela from a friend who lives in the USA or the UK, while tomorrow you can sell those BTC in London. The possibilities are endless.

2) Automated and Fastest KYC

Shiftal has partnered with digital ID and credential management company, Yoti, for identity verification. This partnership eliminates inefficiencies associated with the conventional KYC process, forging the path for accelerated, cost-efficient, and augmented KYC verification.

3) Increased Security

Peer to Peer Crypto trading platform does not hold the funds of their users. They connect the traders and make the deals directly. Since no central authority is being involved, it makes the trading process safer and secure.

4) A larger selection of payment options

Unlike most P2P exchanges that only offer crypto-to-crypto payment method, Shiftal exchange offers 70+ payment options including cash, PayPal, credit/debit card, bank transfer, crypto-to-crypto. You just have to select the most suitable payment option to buy/sell BTC or ETH instantly and securely.

5) Faster Trades

The availability of multiple payment options fastens the transaction process. By having the choice to choose your payment method, you are able to conduct faster trades with better experience.

The future of P2P trading

P2P platforms are more trustworthy as central dependency is almost eliminated. When a person thinks of trading cryptocurrency, he/she imagines complex charts/graphs, crypto jargon, and conventional exchanges. Yet many are still not aware of an easier way to buy/sell cryptocurrency that doesn’t involve any of these complicated features and is used by millions of people around the world, every day – P2P crypto exchange.

With stringent regulations, banking issues, and high overheads of operating exchanges, P2P could take up a lot of slack in the system and pave the way for the next wave of adoption in this space.

Search Categories Recent Posts