Last Update June 1st, 2020. Facebook Pay is a popular way for people across the world to send and receive money with one another using Facebook, Messenger, Instagram, or Whatsapp.
Facebook Pay is also a popular method of payment for buying and selling bitcoin instantly and securely.
If you are buying or trading bitcoin in high volumes with Facebook Pay our recommendation is to use Paxful for your trading needs.
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How Can I Buy Bitcoin With Facebook Pay?
If you want to buy bitcoin using Facebook Pay then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With Facebook Pay On Paxful Summary
- Create an account with Paxful.
- Verify your account.
- Go to “Buy Bitcoin” and look for Facebook Messenger Pay.
- Open a trade with the vendor and complete the terms.
- Receive bitcoins directly into your Paxful wallet.
That’s it! You have successfully purchased bitcoin with Facebook Pay as the payment method.
How To Buy Bitcoin With Facebook Pay
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Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
- Escrow system
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
- Buyers and sellers are at risk of being scammed
What Is Facebook Pay?
Introduced in 2015, Facebook Pay, formerly known as Facebook Messenger Pay, is a convenient, seamless, and secure way to pay using the apps that you already use i.e. Facebook, Messenger, Instagram, WhatsApp.
How Facebook Pay Works
How To Send Or Receive Money With Facebook Pay
Sending and receiving money with Facebook Pay is simple. Here is how to do it.
Before anything happens, you will need to make sure that you have a credit card, debit card or PayPal linked to your account.
- Start a message with the person you want to send money to.
- Tap the more options button and go to $ and enter the amount you want to send.
- Tap pay.
To receive money all you need to do is have a linked debit card and you will receive money automatically in your bank account.