Best places to buy crypto with Western Union

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Where to buy crypto with Western Union? This article comes with the best places to buy crypto for users that have a Western Union account.

Western Union is a global financial services company that offers currency transfer services, allowing individuals to send money internationally to recipients in various countries. It is popular due to its extensive network of agent locations worldwide, enabling convenient cash pickups in local currencies. Also, it facilitates quick transactions and accessibility in regions with limited banking infrastructure or online connectivity.

Even though Western Union operates on a global scale, it doesn’t offer direct crypto transactions through its digital money transfer services. Customers can invest in crypto assets through regulated exchanges, transferring funds from their Western Union account, debit card, credit card, or another authorized method.

While Western Union is not a direct platform for purchasing cryptocurrencies, there are peer-to-peer trading platforms and individual sellers who accept Western Union transfers as a payment method. In this article, you’ll learn what options cryptocurrency investors have with a Western Union account:

  • The best places to buy crypto with Western Union
  • How trading on peer-2-peer platforms work
  • The fee structure of Western Union

Best Places to Buy Crypto with Western Union

Where to buy crypto with Western Union? Below are the best options if you have a Western Union account:

  • Binance(Biggest crypto exchange worldwide)
  • Paxful(Instant peer-to-peer trading)
  • OKX Exchange(Centralized crypto trading platform)
  • LocalCoinSwap(Hong Kong-based exchange)
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Visit BinanceGo to PaxfulGo to OKXVisit LocalCoinSwap


The Binance Peer-to-Peer (P2P) platform is a service provided by Binance, one of the world’s largest cryptocurrency exchanges. Furthermore, it allows crypto investors with a Western Union account to buy or sell cryptocurrencies directly with other users.

It facilitates peer-to-peer transactions in a secure and efficient manner. Meaning, you can trade directly with other verified users, where transactions are almost instant.

To buy crypto with Western Union, you can use the Binance P2P platform to buy or sell the following cryptocurrencies:

  1. USDT (Tether): USDT is a stablecoin pegged to the US dollar, providing stability and acting as a digital representation of fiat currency.
  2. BTC (Bitcoin): Bitcoin is the first and most well-known cryptocurrency, often called digital gold, and used as a store of value and medium of exchange.
  3. BUSD (Binance USD): BUSD is a stablecoin issued by Binance, pegged to the US dollar, and built on the Binance Smart Chain.
  4. BNB (Binance Coin): BNB is the native cryptocurrency of the Binance exchange, used for trading fee discounts, participating in token sales, and more.
  5. ETH (Ethereum): Ethereum is a blockchain platform that enables the creation of smart contracts and decentralized applications (DApps), and its native cryptocurrency is Ether (ETH).
  6. DAI: DAI is a stablecoin that operates on the Ethereum blockchain, maintaining a value pegged to the US dollar through its decentralized governance system.

Using the Binance P2P platform provides you with various cryptocurrencies to trade. Moreover, it allows you to diversify your portfolio and take advantage of different investment opportunities in the fast-evolving world of cryptocurrencies.

All in all, the P2P nature of the platform ensures that you can conduct transactions with other users directly. It eliminates intermediaries and potentially leads to better exchange rates and faster execution.

👉Open a free account at Binance


Paxful is a peer-to-peer (P2P) cryptocurrency trading platform that enables crypto investors with a Western Union account to buy and sell cryptocurrencies directly with other users. It acts as an intermediary that connects buyers and sellers, facilitating secure and transparent transactions between them.

As a crypto investor with a Western Union account, you can use the Paxful platform to engage in P2P trades with a diverse range of cryptocurrencies. For instance, popular options like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and many others.

Here’s how Paxful works:

  1. Registration and Account Setup: To get started, you need to create an account on the Paxful platform. This process typically involves providing your email address and setting up a secure password.
  2. Buying Cryptocurrencies: As a buyer, you can browse through various listings posted by sellers on Paxful. Each listing will specify the cryptocurrency being sold, the price, accepted payment methods (including Western Union), and the terms of the trade. Finally, when you find a suitable offer, you can initiate the trade by selecting it.
  3. Escrow and Verification: Paxful uses an escrow system to ensure the security of transactions. Once you initiate a trade, the cryptocurrency being sold will be held in escrow by Paxful until the seller confirms receipt of your payment. This prevents potential fraud and provides a level of security for both parties involved.
  4. Payment and Release: As a buyer, you’ll need to make the payment through your Western Union account as per the seller’s instructions. Once the seller confirms the payment, Paxful will release the cryptocurrency from escrow and transfer it to your Paxful wallet.
  5. Selling Cryptocurrencies: If you want to sell cryptocurrencies, you can create a listing specifying the amount you want to sell, the price, accepted payment methods (including Western Union), and any additional terms or requirements.
  6. Communication and Dispute Resolution: Paxful provides a messaging system for buyers and sellers to communicate during the trade process. In case of any issues or disputes, Paxful offers a resolution center to help resolve conflicts between users.

Paxful P2P Platform

Paxful’s P2P platform is popular among crypto investors due to its flexibility in payment methods, including cash-based options like Western Union. Moreover, it allows users to access cryptocurrencies even in areas with limited banking infrastructure. Additionally, the platform fosters a global community of traders, offering a wide variety of cryptocurrencies to trade and competitive pricing due to its peer-to-peer nature.

👉Open a free account at Paxful here

OKX Exchange

OKX exchange is another good alternative if you want to buy crypto with Western Union. In short, OKX is a cryptocurrency exchange and company that was founded in 2017 and is headquartered in Seychelles.

With over 20 million users in more than 100 countries, it ranks as the 18th largest cryptocurrency exchange by volume according to CoinMarketCap. While it offers a wide range of services, including the ability to trade over 300 cryptocurrencies and high-interest staking opportunities, it is not available to users in the United States due to regulatory and compliance reasons.

The peer-to-peer (P2P) platform on the OKX exchange is a marketplace where users can directly buy and sell digital assets. For instance, cryptocurrencies like Bitcoin and Tether, with other verified OKX users.

OKX acts as an intermediary, holding the crypto assets in escrow until the seller receives a payment confirmation. This ensures secure and fair trading for all parties involved.

All in all, the P2P platform offers advantages like zero trading fees, the flexibility to choose preferred trading prices, and access to various payment methods. Finally, it makes it an appealing option for users seeking a convenient and user-friendly trading experience.

👉Create an account at OKX here


LocalCoinSwap is a peer-to-peer multi-custodial trading platform that provides both custodial and non-custodial trading for Bitcoin, Ethereum, and other cryptocurrencies. Launched in 2018, LocalCoinSwap prides itself on being driven by the community. It provides a significant variety of both payment types and fiat currency support that is quite vast.

On the payment method side, LocalCoinSwap supports a very wide range of options. In particular, the platform only connects buyers and sellers and doesn’t accept payment for crypto itself it is on the seller to decide how they want to be paid.

The seller has the flexibility to decide not just on what payment method to accept, but also which fiat currency they wish to trade in. As well as the ability to customize the terms of their trades. Some popular payment methods used on the site include:

  • Cash in person
  • Transferwise
  • Local bank transfer
  • Cash deposit
  • PayPal
  • Skrill
  • PayID
  • Western Union

All in all, a popular P2P-trading platform that offers a lot of cryptocurrency investors from Asia to buy crypto with Western Union.

👉Go to LocalCoinSwap here

Fees For Buying Crypto With Western Union

To buy crypto with Western Union, it’s essential to consider the fees involved in the transaction. The fees can vary depending on the platform or individual you choose for the purchase. While the specific fees may differ, here are some general types of fees you might encounter:

Transaction fee

This fee is charged for the crypto transaction itself. It covers the cost of processing and verifying the transfer of cryptos to your wallet. The transaction fee is typically a percentage of the transfer or a fixed amount.

Conversion Fee

If you’re using Western Union to convert your fiat currency(USD or EUR) into crypto, a conversion fee may be involved. Additionally, this fee accounts for converting your payment from traditional currency (USD or EUR) to crypto. Similar to the transaction fee, the conversion fee can be a percentage or a fixed amount.

Western Union Service Fee

Western Union itself charges a service fee for facilitating the transfer. In particular, this fee comes together with the transaction and conversion fees and is specific to Western Union’s services.

The service fee can vary depending on the transfer amount, the destination country, and the selected service speed. Below is the fees structure in more detail:

Fee TypeValue on Western Union
Transaction fee0.5%
Conversion fee1%
Service fee0.1%

Conclusion: Best Places To Buy Crypto with Western Union

In conclusion, if you’re looking to buy cryptocurrencies with the convenience of using Western Union, you have several reliable options available. While Western Union itself doesn’t offer direct crypto transactions, peer-to-peer trading platforms, and exchanges have stepped up to bridge the gap. By providing a seamless experience for crypto investors.

Related: How To Buy Crypto without Going to an Exchange


Among the top contenders, Binance P2P platform stands out as a service offered by one of the world’s largest cryptocurrency exchanges. In general, It allows users to directly buy and sell cryptocurrencies with other verified users. Additionally, offering a wide range of options like Bitcoin, Ethereum, and USDT. The P2P nature of the platform ensures secure and efficient transactions, fostering a global community of traders seeking diversified investment opportunities.


Paxful is another noteworthy choice, acting as a trustworthy intermediary connecting buyers and sellers in a secure environment. With Paxful, you gain access to a diverse range of cryptocurrencies, and the platform’s escrow system ensures the safety of your transactions. Additionally, Paxful’s flexibility in payment methods, including Western Union, makes it an appealing option. Particularly in regions with limited banking infrastructure.

OKX Exchange

OKX Exchange presents itself as a centralized crypto trading platform, offering users the opportunity to trade over 300 cryptocurrencies. Although not available to users in the United States, OKX’s P2P marketplace allows the direct buying and selling of digital assets with other verified OKX users. The platform’s commitment to holding crypto assets in escrow until payment confirmation ensures secure and fair trading for all participants.


For users seeking a multi-custodial trading experience, LocalCoinSwap is a strong contender. Driven by a community-focused approach, LocalCoinSwap provides access to both custodial and non-custodial trading for various cryptocurrencies. They have an impressive variety of payment methods, including Western Union. Also, the support for multiple fiat currencies, LocalCoinSwap caters to a global audience of crypto investors.

Overall, the 4 best places to buy crypto with Western Union offer an array of options for crypto enthusiasts worldwide. Whether you prefer the direct peer-to-peer experience or the convenience of a centralized exchange. As with any investment, conducting thorough research and understanding the associated fees will empower you to navigate the crypto landscape with confidence. Consequently, by making the most of your crypto investments.

Cheers, and take care 👍

Related: Best places to buy crypto with Apple Pay


Can I Buy Ethereum with Western Union?

Yes, you can buy Ethereum with a Western Union account. Make sure to find the proper crypto platform for this and you are ready to go. Also, the platforms mentioned in this article(Binance, Paxful, or OKX) are reliable options.

Does Western Union Accept Bitcoin?

Western Union uses digital wallets that you can use to send and receive payments on a global scale. However, these digital wallets aren’t compatible with the Bitcoin blockchain. Meaning, receiving Bitcoin payments isn’t possible yet.

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