Columbia is no stranger to cryptocurrencies, with the rise of the digital currency accelerating over the last several years. According to reports, Columbia’s appetite for Bitcoin grew so significantly in 2017 that it surpassed every other South American countries’ purchases. Transaction history from LocalBitcoin confirms this with a whopping 1,200% increase in Bitcoin purchases with the Columbian Peso that same year. With this in mind, let’s dive into this guide on how to buy Bitcoin in Columbia in 2021.
How To Buy Bitcoin Via Bank Transfer – Paxful
One of the best ways to buy Bitcoin via bank transfer around the world, with Columbia being no exception. Paxful provides a reliable platform on which users can pick up the original cryptocurrency in a swift and economically viable manner. The platform operates on a peer to peer basis, connecting buyers and sellers in this megadiverse country.
In order to buy Bitcoin from Paxful you will need an account on the platform and be logged in. Enter your criteria in terms of payment methods and how much Bitcoin you’re looking to buy and scan through all the matching available offers. A great feature of Paxful is that buyers can check the rating of the seller at first glance, being able to view stats like how many positive feedback responses has the seller acquired and how long they take to respond.
Once you have settled on an offer you are happy with, select the Buy option and read through the trader’s terms before taking it any further. If you’re not happy with their requirements, simply head back out and select another offer. When you are ready to proceed enter the amount of Bitcoin you would like to purchase and click Buy Now. This will take you to a secure chat with the seller from where you can communicate should you need to. Select Paid once you’ve transferred the funds in the agreed manner and wait for the funds to appear in your wallet.
How To Buy Bitcoin Via Credit / Debit Card – CEX.io
Another international favourite, the platform launched in 2013 as a cloud mining service but soon grew to the crypto exchange it is today. The platform offers a wide range of currencies, both cryptocurrencies and fiat, and a number of reliable payment options. In this case, we’re looking at how to buy Bitcoin via credit / debit card with Columbian Pesos.
Again, you’ll need to create an account on the platform and complete a quick KYC verification (standard practice). Once you’re approved and logged in select the Deposit option in the top menu and then Deposit again next to your chosen fiat currency. When asked to select a payment option choose Credit Card. Note that credit card deposits incur a 2.99% fee while bank transfer has no fees and Skrill payments have a 3.99% fee. Enter your details as needed and once the transaction is complete the funds will appear in your account.
How To Buy Bitcoin With A Local Payment Processor – LocalBitcoins
Here we’ll be looking at how to buy Bitcoin with Efecty. Using the tried and trusted LocalBitcoins, there really isn’t a simpler or easier way! Originating from Finland the peer to per platform has taken the world over when it comes to securely trading Bitcoin with local users. Making use of escrow services, the platform ensures that both the buyer and seller are protected should a bad actor try to manipulate the system.
To find a Bitcoin offer in your area you’ll need to log into your LocalBitcoin account. Enter Efecty as the payment option and if you have any other specific requirements. Scroll through the offers available until you find one that you are happy with and select Buy. Once in the offer check out the seller’s terms and ensure everything is in order. Enter the amount you would like to purchase and open the trade. You will be given a specified amount of time to complete the payment, failing to pay within this time will cancel the order. Once you’ve made the payment select the “I have paid” button, and after the seller acknowledges receipt your funds will appear in your wallet.
How to Buy Bitcoin in Columbia in 2021
Buying Bitcoin in Columbia needn’t be hard, especially after this how to buy Bitcoin in Columbia in 2021 guide! Whether you intend to buy, sell, trade or hodl, the world is your oyster now that you have BTC in your digital pocket. Make sure you stay tuned to our Bitcoin 101 section so that you are always in the know.