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How can I buy cryptocurrency in Australia using cash?

avatarherd ShepDec 28, 2021 · 3 years ago3 answers

I'm in Australia and I want to buy cryptocurrency using cash. What are the options available to me?

How can I buy cryptocurrency in Australia using cash?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure thing! If you're in Australia and prefer to use cash to buy cryptocurrency, you have a few options. One popular method is to use a peer-to-peer marketplace like LocalBitcoins or Paxful. These platforms connect you with individuals who are selling cryptocurrency for cash. You can browse through listings, find a seller who accepts cash, and arrange a meeting to make the transaction. Just make sure to choose a reputable seller with positive feedback to ensure a smooth transaction.
  • avatarDec 28, 2021 · 3 years ago
    Buying cryptocurrency with cash in Australia is possible! Another option is to use a Bitcoin ATM. These ATMs allow you to deposit cash and receive cryptocurrency in return. You can find Bitcoin ATMs in various locations across Australia, such as shopping malls or convenience stores. Just keep in mind that Bitcoin ATMs may charge higher fees compared to other methods, so it's important to check the fees before making a transaction.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a reliable and secure option to buy cryptocurrency with cash in Australia, you can consider using the BYDFi platform. BYDFi is a reputable digital currency exchange that allows you to buy cryptocurrency using cash deposits. They have a user-friendly interface and provide a seamless experience for buying cryptocurrency. Simply create an account, deposit cash, and you'll be able to purchase your desired cryptocurrency. Remember to conduct your own research and choose a platform that suits your needs and preferences.