How do I buy Bitcoin with Raast?

Published on Mar 12, 2024Updated on May 28, 20243 min read218

How can I buy Bitcoin with Raast?

To purchase Bitcoin with Raast on OKX P2P Trading, select Raast as your preferred payment option and follow the on-screen instructions to complete the transaction safely and securely. These are the steps:

  1. Create an OKX account: learn how you can create an account here

  2. Verify your OKX account: visit here to find out how you can verify your account

  3. Search for the best BTC deals:

    • Ensure the Buy option is selected once in the OKX P2P Trading marketplace.

    • Select Raast, BTC, and your desired fiat type to generate all offered deals.
      Note: you can further filter the results by indicating your preferred fiat amount.

    • Select your best offer to start the deal.

  4. Receive BTC:

    • In the pop-up box, enter the appropriate amount of BTC and your selected payment method, making sure to select Raast in the payment method field.

    • Select Buy BTC to finish your purchase.

Note: your acquired BTC tokens will be put into your Funding Account as soon as the vendor confirms payment.

FAQ

Is Raast only for businesses, or can it be used by individuals too?

Raast is primarily designed for use by businesses and financial institutions, but individuals can also use it to make interbank fund transfers. Individuals can use Raast through their bank accounts by linking their accounts to the Raast system and making transactions through their bank's online banking portal or mobile application.

How to use Raast?

To use Raast, you need to have a bank account with a bank that is connected to the Raast system. Once you've completed your identity verification and linked your bank account to the Raast system, you can initiate fund transfers to other Raast-enabled bank accounts, either within Pakistan or internationally.

How secure is Raast?

Raast uses the latest technologies, including blockchain and biometric authentication, to provide a fast, secure, and reliable way for banks and other financial institutions to transfer funds. It's designed to improve the overall banking experience for customers and enable businesses to operate more efficiently.

Is there a limit to the amount of Bitcoin I may buy using Raast on OKX P2P Trading?

OKX P2P doesn't set a cap on the amount of Bitcoin you may buy. That being said, the quantity of Bitcoin you buy on the platform may be limited depending on various factors, including the payment method you use and the sellers' preferences. Before initiating a deal on OKX P2P Trading, double-check the listing details and any relevant transfer limitations to ensure the transaction may be completed successfully.

What's Bitcoin currently worth in Pakistani Rupees (PKR)?

Visit a cryptocurrency exchange or price tracker to find out how much Bitcoin is worth in PKR. The OKX Crypto Converter Calculator is a popular tool for determining current Bitcoin to PKR exchange rates.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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