Last Update May 30th, 2020. Simple Bank is an American neobank that provides access to online banking and budgeting tools inside of an all-in-one app.
The Simple Bank app is also a popular method of payment for buying and selling bitcoin instantly and securely.
Paxful is the main person-to-person marketplace that accepts Simple Bank as a payment method.
How Can I Buy Bitcoin With Simple Bank?
If you want to buy bitcoin using Simple Bank then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With Simple Bank On Paxful Summary
- Create an account with Paxful.
- Verify your account.
- Go to “Buy Bitcoin” and look for Simple Bank App.
- 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 Simple Bank as the payment method.
How To Buy Bitcoin With Simple Bank
|Headquarters:||New York, New York|
|Founders:||Ray Youssef, Artur Schaback|
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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 Simple Bank?
Introduced in 2009, Simple Bank provides FDIC-insured checking accounts to United States citizens and gives its customers access to a personal online banking system that can also be accessed through the app (iOS and Android).
Using the Simple issued Visa debit card, you can make a bitcoin purchase at any time.