If you are based in Vietnam and want to get your bitcoin, you will find many ways to do so. We are not going to review and list all the possible ways and platforms. We are going to go through the best way to purchase Bitcoin in Vietnam with 0% fees.
Keep in mind, the State Bank of Vietnam has issued a guidance on the use of Bitcoin making the use of cryptocurrencies an illegal payment method!
What is the best way to buy Bitcoin in Vietnam?
There are few to none Bitcoin ATM in Vietnam, but there is a very convenient way to purchase Bitcoin – with a simple bank transfer. If you have your economies in Vietnam and in VND, it’s also the best way to send your VND overseas.
The best Bitcoin platform to buy Bitcoin in VND for now is Binance.com
How to buy Bitcoin in Vietnam step by step
Step 1: Open an account
You will need an email, a password and to go through several simple steps.
Step 2: find a Seller
Binance will call their Bitcoin sellers an Advertiser.
To find them and their Bitcoin/VND rates you have to go in the Order menu and choose P2P (Peer to Peer) order.
Click on Buy, set your currency (Fiat) as VND and choose from different payment methods
- Bank Transfer
- Buy Bitcoin with MoMo (e-Wallet payment)
- Buy Bitcoin with ViettelPay
Step 3: Buy BTC
Find your best price and your method of payment, fill
- I want to pay in VND
- I will receive in BTC
and click on the Buy BTC button.
Step 4: transfer the money
Once you have your seller, the amount of BTC you want to buy and its price in VND, you will have 15min to confirm the Bank transfer.
Go to your bank online Internet banking and fill the fields
- Amount in VND
- Beneficiary name
- Bank account number
- Bank name
- Add the Order number as reference/details
- Note: do not mention anything else to not get your payment slow down
Finally, no need to be worried., it doesn’t take 15 minutes for you to received Bitcoin to your account. As the transfer between bank in Vietnam is instant transfer, once your seller has received the confirmation from Binance (click on Transferred – Next) they will be able to credit your Bitcoin wallet right away!
And it’s done, you are a newly Bitcoin owner!
If you have chosen another payment method please review the tuto below
- How to buy Bitcoin with Momo wallet
- How to buy Bitcoin with ViettelPay
Start trading in BTC
In another posts, we will review how we could possibly make up to 1.000% profit per year with cryptos and different trading methods (SHAD, Trading cycles,….).
“No Bitcoin ATM yet” – there are several Bitcoin ATM’s in Vietnam.
Check Coinatmradar or btm.bitcoinvn.io (several machines in Saigon)
Let me correct it! Thank you!
https://invest.soie66.com/vietnam-best-bitcoin-atm-fees/