How To: Buy Bitcoin with bank transfer and cash

Time is money, so here at Yellow Card, we want to make funding your account as fast and easy as possible. We offer multiple payment methods like bank transfer, cash, and credit/debit cards to fund your account. This allows anyone to use our platform, even if you don't have a bank account.

yellowcard.io blog-image

Bank Transfer

The first step in the funding process is deciding which payment method works best for you. For bank transfer, we have two options, Instant deposit, and standard deposit. With an instant bank deposit, you get a personal bank account on the platform. When you send funds to this account you will instantly be credited. There is a ₦50 fee, but this is the fastest transfer for those who want to use a bank account. Standard bank deposit requires you to send the funds to our account and you are credited once we approve that the transfer has been received. The standard deposit is slower, but there is no fee. So it's great for those who don't mind to wait and are price sensitive.

Cash

Cash is one of the new options to fund your account. To fund your account with the cash you will need to visit a merchant near you. Give the amount of cash you would like to deposit to the merchant, they will give you the option of Yellow credit on your account or Bitcoin. Provide them with the phone number associated with the account and you will see the funds instantly on your account or in your Bitcoin wallet. Cash is a great option for those who need crypto fast or people who don't have a bank account.

Cards

Credit/Debit cards are another new payment option. To fund the account with cards all you need to do is enter your card details and the amount you would like to buy. Once submitted your account will be instantly credited. Cards a great for people who want to fund their account fast and don't mind to pay extra for speed and convenience.

How to use each payment method

yellowcard.io blog-image

Instant Bank Deposit 

  1. Click Deposit on the dashboard
  2. Select Bank Deposit 
  3. Click Instant Bank Transfer
  4. Send funds to bank details listed on the page. 
  5. See your funds instantly added to your account. 

yellowcard.io blog-image

Standard Bank Deposit

  1. Click Deposit on the dashboard
  2. Select Bank Deposit 
  3. Click Standard Bank Transfer
  4. Enter in the amount you would like to deposit
  5. Send that amount to the bank details provided
  6. Wait for deposit approval 
  7. Once approved funds will appear

yellowcard.io blog-image

Cash

  1. Visit a local merchant
  2. Give them the phone number associated with the account
  3. Choose between credit or Bitcoin
  4. Give them cash for the amount you would like to buy
  5. Check account to see funds have been received 

yellowcard.io blog-image

Cards

  1. Click Deposit on the dashboard
  2. Select Credit/Debit Cards
  3. Enter the amount you would like to buy 
  4. Enter card details
  5. See funds instantly deposited into your account.