Last Update February 13th, 2022. MoMo is a financial services company that provides an e-wallet and one touch online payment solutions.
The MoMo e-wallet is also a popular method of payment for buying and selling bitcoin on a number of marketplaces.
If you are buying or trading bitcoin in high volumes with MoMo our recommendation is to use Binance or Paxful for your trading needs.
Where To Buy Bitcoin With MoMo
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Binance | Free | All countries |
 | Paxful | Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) |
Table of Contents
2 Ways To Buy Bitcoin With MoMo
Binance
| Website: | binance.com |
| CEO: | Changpeng Zhao |
| Headquarters: | Malta, European Union |
| Founders: | Changpeng Zhao, Yi He |
| Founded: | 2017 |
| Customer service: | Knowledge Base |
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform. Through Binance P2P, more than 700 payment methods are supported.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
- Trustworthy management
- High volume exchange
- Low fees
- A large number of cryptocurrency pairs
- Global support
Cons
- Few payment options
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paxful
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is MoMo?
Introduced in 2015 and headquartered in Vietnam, MoMo is a mobile payments brand that provides an e-wallet and money transfer services for customers. From directly within the app, MoMo users are able to book movie and travel tickets, make donations, top-up their phone, pay for bills, shop online, and purchase video games among other fun activities.
The MoMo app is available for both iOS and Android devices.
Where Is MoMo Supported?
MoMo is available for customers residing in the country of Vietnam.