Last Update February 12th, 2022. Xoom makes it easy to send money, pay bills, and reload mobile phones within one simple app.
Xoom Money Transfer 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 Xoom our recommendation is to use Paxful or LocalBitcoins for your trading needs.
Where To Buy Bitcoin With Xoom
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Paxful | Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) |
 | LocalBitcoins | Free, 1% to advertisers | All countries |
Table of Contents
2 Ways To Buy Bitcoin With Xoom Money Transfer
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 |
LocalBitcoins
| Website: | localbitcoins.com |
| CEO: | Sebastian Sonntag |
| Headquarters: | Helsinki, Finland |
| Founders: | Jeremias Kangas |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.
LocalBitcoins gives vendors the ability to create offers in all currencies.
Pros
- Available in every country of the world
- A diverse selection of buyers and sellers
- Supports many payment methods
- Buyers get their bitcoins fast
- Private
Cons
- Lack of cryptocurrency diversity
- Both sellers and buyers have a chance of being scammed.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is Xoom?
Introduced in 2001, Xoom provides instant electronic remittance services to customers worldwide. Users can pay for the service using a linked bank account, debit card, or credit card. On July 1st, 2015, PayPal corporation officially acquired Xoom for approximately $1 billion.
Xoom Money Transfer app is also available on both iOS and Android devices.