Beaver Bitcoin offers bill payment as a convenient option for purchasing larger amounts of Bitcoin. It’s ideal for those who want to avoid visiting a bank branch (unlike wire transfers) and can be done through your online banking app or website.
How does buying Bitcoin with bill payment work?
Here’s the step-by-step process:
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Sign Up: Create an account on beaverbitcoin.com with your email and complete the quick identity verification (requires a government-issued ID).
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Provide a Bitcoin Wallet Address: Submit a Bitcoin wallet address where your BTC will be sent.
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Request bill payment details: From the Buy Bitcoin tab, select Bill Payment as your payment method > Then select 'Request Access'.
- Our team will review your account and provide you with our bill payment information once your account review is complete. You'll receive an email notification when it's done—normally within an hour during the day.
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Set Up Bill Payment: Log in to your online banking, add Beaver Bitcoin as a payee using the provided details, and initiate a bill payment for the amount of Bitcoin you want to buy.
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Funds Received: Once we receive your payment (within 2-3 business days for bill payment transfers), your funds are converted to Bitcoin then delivered to your wallet.
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Confirmation: You’ll get an email with your transaction details, and it’ll also appear in your Beaver account’s Transactions tab.