In order to sell cryptocurrency and receive fiat currency payments on the Coindirect platform, you will need to set up one or more payment methods on your account. You will also need to setup a payment method if you request a fiat currency withdrawal.
A payment method is basically your personal PayPal, Mpesa or bank account details. You can set up multiple payment methods for different countries and currencies.
Coindirect currently supports the following main payment types:
- National bank transfers for 25 countries (including TransferWise)
- Transfers within the same bank
These payment types are further grouped into higher level payment categories:
- Bank Transfers
- Online Payments (including PayPal)
- Mobile Money (including Mpesa)