Last Update February 13th, 2022. TrueMoney is an electronic payment network and financial services provider.
TrueMoney 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 TrueMoney our recommendation is to use Binance or Paxful for your trading needs.
Where To Buy Bitcoin With TrueMoney
| 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 TrueMoney
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 TrueMoney?
Founded in 2003, TrueMoney is a company that provides financial services across Southeast Asia including a digital wallet, payment gateway and remittance services.
The TrueMoney app is also available for iOS and Android devices.
How TrueMoney Works
Where Is TrueMoney Supported?
TrueMoney provides services for customers across Southeast Asia and has offices in Thailand, Vietnam, Cambodia, Myanmar, Indonesia, and the Philippines.