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How To Buy Bitcoin With Zelle Pay

Zelle Pay lets you send money to family and friends, even when they use a different bank account than yours. The popular payment method can even be used to buy Bitcoin.

Hedge With Crypto aims to publish information that is factual and accurate as of the date of publication. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for education purposes only. Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries.

This article explains how to buy Bitcoin with Zelle and what cryptocurrency exchanges and marketplaces support this payment method at the present time.

Can You Buy Bitcoin With Zelle Pay?

Several crypto exchanges and P2P marketplaces allow users to deposit funds to buy Bitcoin and other digital coins using Zelle Pay. The most widely used marketplaces for buying crypto with Zelle are Binance P2P and Paxful. These platforms can be a little more difficult for beginners to use and find a matching seller that accepts Zelle for payment.

How To Buy Bitcoin With Zelle – Quick Guide

To buy Bitcoin with Zelle, follow these simple steps:

  1. Create an account with Zelle. Download the Zelle Application and create an account. Some online banks already support Zelle and can be accessed by logging into the account.
  2. Open an account with a crypto exchange. Browse cryptocurrency exchanges, P2P marketplaces, and trading platforms. Select a platform that supports Zelle Pay and create an account.
  3. Confirm identity. After signing up with an exchange, users must complete a Know Your Customer (KYC) procedure to authenticate their accounts. Authentication often requires users to provide proof of identity and proof of address.
  4. Search for advertisements. Choose a seller with a good reputation and proven track record with several Bitcoin trades completed.
  5. Buy Bitcoin. Search for Bitcoin from the list of supported coins. Click on ‘buy', enter the amount of BTC to purchase, review the order, and complete the purchase with Zelle.

Where To Buy Bitcoin With Zelle

1. Binance

Binance sits as the best crypto exchange for its security, reputation, and immense trading volume. As a P2P marketplace, Binance connects crypto buyers and sellers who can transact using 49 fiat currencies and any of the 300+ payment methods available including Zelle Pay.

To use Zelle, users will need to add it as a payment method for P2P trading. Log into the Binance App and click on “P2P Trading” to go to the P2P page. Choose your fiat currency and select “Payment Methods” to choose Zelle as the preferred payment method. Click ‘Confirm’ to complete adding Zelle as the payment method.

Binance P2P marketplace to buy Bitcoin with PayPal

To buy Bitcoin with Zelle Pay on Binance, users need to initiate a transaction with a seller who accepts Zelle as a payment method. Users must also understand the seller’s terms and conditions before initiating anything. When one initiates a buy transaction, the funds are held temporarily in the Binance P2P escrow service until the user confirms that BTC has been deposited to their exchange wallet.

Binance users enjoy low-cost transactions and little overhead costs. Binance P2P trading has a zero fee while order makers only incur a small transaction fee once the order is fulfilled. Transactions are also secure since the Binance platform doesn’t collect any user information.

Read our full review on Binance.

2. Paxful

Paxful provides Bitcoin buyers with a P2P marketplace where they can connect with more than 3 million users with whom they can buy Bitcoin directly. There are diverse payment methods available to buy Bitcoin, including ACH bank transfers, cash payments, prepaid cards, and online wallets like Neteller and Zelle Pay. There are zero fees to buy cryptocurrency.

Users must first register an account and complete the KYC process to start buying Bitcoin. They will receive a free BTC wallet where they can deposit their coins. To buy Bitcoin using Zelle Pay on Paxful, users must find traders who accept Zelle as a payment method.

Choosing Zelle on Paxful to fund a wallet

Log into the Paxful account and set ‘Zelle Pay’ as the payment option. Paxful will provide a list of all relevant offers from other sellers. Users must consider factors like vendor availability, reputation score, and offer terms to settle on the best offer. Vendors may not have similar terms, so read carefully to ensure their requirements. Check their trade history and KYC verification to assess their credibility. To prevent fraudulent transactions, some vendors require that buyers provide their photo ID and proof of payment.

If the offer is good, accept the seller’s terms and initiate a trade. Users may also open a live chat where they can speak with the vendor and receive further clarification or instructions. After completing the payment, the transaction will be performed and the Bitcoin held in escrow will be transferred to the buyer's Paxful wallet.

Users who can’t find suitable offers may create their own offers to attract sellers and work by their terms. Create an offer by going to the home page and clicking ‘Create an Offer’ then set the preferences, including the amount of Bitcoin to buy and Zelle Pay as the payment method to use.

Proceed to customize an offer by including offer time limits, offer margin, and trade instructions. Trades on Paxful have an expiry period, so transactions to purchase Bitcoin must be fulfilled within a specific timeframe. Overall, Paxful is a great place to buy Bitcoin with Zelle Pay.

Read more in our full Paxful review.

3. Bisq

Bisq is a top-performing decentralized Bitcoin exchange network best known for its three main features. Bisq isn’t web-based, so users must download the desktop application to buy Bitcoin with Zelle. Bisq doesn’t automatically match orders. Instead, the exchange lets users manually search and choose specific orders they’d like to get from other users. This facilitates true P2P settlement and ensures users control which counterparties they transact with.

Trading Bitcoin with Bisq

Bisq supports 20+ payment methods to buy Bitcoin with Zelle using different fiat currencies. These methods vary in regional availability, chargeback risk, fees, transaction size, privacy, and verifiability. The limit for using Zelle is 0.25 BTC per trade.

Bisq doesn’t integrate directly with bank accounts or other fiat currency payment systems. Instead, it coordinates out-of-band transactions where buyers and sellers can settle fiat payments outside of the Bisq application. Follow these steps to buy Bitcoin with Zelle Pay on Bisq:

  1. Open Bisq and select Zelle. Download and run the Bisq desktop app. Choose Zelle as the fiat currency payment method and search for users looking to sell Bitcoin in a preferred fiat currency.
  2. Choose a suitable offer. In the ‘Buy BTC’ screen, click the green ‘Take Offer’ button and choose the offer to take.
  3. Send the fiat currency using Zelle. When taking the offer, Bisq will create a special trade wallet to hold the security deposit and fees. Upon completion of the trade, a user receives their BTC plus the security deposit. As of this writing, users need about 0.0061 BTC to get an offer to purchase 0.01 BTC which requires a security deposit.
  4. Confirm offer. After funding a trading wallet, a ‘Review: Take offer to buy Bitcoin’ screen will appear. Review the details of the offer to ensure they are accurate. Hit ‘Confirm: Take offer to buy Bitcoin’ to initiate the transaction.
  5. Send payment. It’s now time to pay the seller for the accepted offer. Bisq will provide the seller details after the Bitcoin network confirms the trade’s transactions. Proceed to pay the seller through Zelle Pay.
  6. Mark payment as sent. Click the ‘Payment started’ button to mark the payment as sent. This is an important step since there’s no way for Bisq to know the payment has been sent since it doesn’t integrate with fiat currency payment methods. The seller receives a notification that payment is on its way.
  7. Complete trade. The seller marks the payment as received in Bisq. Bisq then completes the trade by releasing the BTC alongside the security deposit. Click ‘Move Funds to Bisq Wallet’ to store the BTC in the build-in Bisq wallet or click ‘Withdraw to External Wallet’ to send it elsewhere.

Bisq provides several security features that help keep user funds secure. First, the exchange is non-custodial, so users have total control of their fiat and Bitcoin funds. Transactions between buyers and sellers are protected with security deposits to prevent fraud. Bitcoin for sale and BTC security deposits are also held in a 2-of-2 multi-sig escrow until users mark their respective receipts.

How To Buy Bitcoin With Zelle – Full Tutorial

Step 1. Enroll With Zelle

Create an account with Zelle Pay through the mobile bank account or the Zelle app by providing a valid email address or U.S. mobile number. Zelle already partners with multiple banks and credit unions. Users can still send money even if their bank account doesn’t partner with Zelle.

Creating an account with Zelle

Step 2. Register an Account on Paxful

Start by registering a new account on the sign-up page. First provide a username, which will be visible to other platform users. Then provide an email address and choose a password. Users must confirm whether they are opening a company account and verify that they are human using a captcha. Hit ‘Register’ to complete signing up.

Step 3. Verify The Account

As part of Paxful's AML/CTF policies, users must verify their accounts. The verification system works progressively in four account verification Tiers: T0, T1, T2, and T3. T0 users have completed basic onboarding while T3 users must complete a physical address check, ID verification, KYC info, and proof of residence.

Step 4. Search for Advertisements

On the main page, select ‘Quick Buy’ and fill in the amount of Bitcoin to purchase in a preferred fiat currency, location, and Zelle Pay as the payment method. A list of advertisements will appear in the search results. Choose a trader with a good reputation and proven track record with several trades completed. Check more information about the advertisement, including the terms.

Step 5. Buy Bitcoin

Once the seller’s terms have been agreed, press the ‘Buy’ button to start a trade. Enter the amount of BTC to buy and drop the seller a message. Accept the terms and send the trade request. Ensure the Zelle Pay account is connected before hitting ‘Send trade request’.

Make payment and click ‘I have paid’ to mark it as complete. The seller will verify receipt of the payment from the Zelle balance. The Bitcoin will be released from escrow into the Paxful wallet.

Advantages of Buying Bitcoin With Zelle

Paying for Bitcoin purchases with Zelle Pay provides some advantages over other payment methods which include:

  • Quick transactions. Buying Bitcoin with Zelle on a P2P provider has rapid transaction speeds. A seller receives payment almost instantly and the Bitcoins are released from an escrow instantly after confirming the transaction.
  • High security. By using Zelle, users don’t have to provide any of their credit card or debit card information. Also, Zelle is largely accepted on peer-to-peer exchanges that don’t require users to share most of their personal information.
  • Relatively low fees. Paying for Bitcoin purchases with Zelle is incredibly low-cost. Most P2P platforms will only charge an escrow fee if you create an advertisement to buy BTC.

Downsides of Buying Bitcoin With Zelle

Despite the benefits listed above, buyers should also consider these downsides before using Zelle Pay to obtain Bitcoin:

  • Not widely accepted. While Zelle is a popular payment method, it is currently not supported on most cryptocurrency exchanges. This leaves users with limited options to choose from when buying BTC.
  • No fraud protection. Unlike payment methods like PayPal, Zelle doesn’t provide fraud protection.
  • Not beginner-friendly. Using a P2P exchange is more complicated than a centralized crypto exchange or fiat-to-crypto platform which is generally designed for beginners. There are a lot more steps involved with P2P platforms which can become confusing.

Frequently Asked Questions

Can I Buy Bitcoin Instantly With Zelle?

Yes, Bitcoin and other cryptocurrencies can be bought quickly from vendors who place BTC for sale using Zelle. The overall process includes entering the amount of Bitcoin to buy, choosing a fiat currency and selecting Zelle as a payment method.

Can I Hold Cryptocurrency In My Zelle Account?

Unfortunately, Zelle users cannot buy and sell Bitcoin and other cryptos in their electronic wallets.


Zelle Pay is an available payment option that certain crypto traders may prefer to buy Bitcoin. At the time of writing, P2P and a marketplace platform mainly accept Zelle Pay. There is not huge support from the top crypto exchanges for this payment method. Using a P2P service to buy Bitcoin using Zelle, a user must trade with a seller who accepts payment via Zelle Pay app. If a match can be found, Bitcoin can be purchased relatively quickly with reasonable costs.

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