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What are the best platforms to buy bitcoins with cash?

avatarshunJan 09, 2022 · 3 years ago3 answers

I am looking for the best platforms to purchase bitcoins using cash. Can you recommend any reliable platforms that offer this service? I prefer to use cash for privacy reasons and would like to find a platform that is secure and trustworthy. Any suggestions?

What are the best platforms to buy bitcoins with cash?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    Sure! One of the best platforms to buy bitcoins with cash is LocalBitcoins. It is a peer-to-peer marketplace where you can find sellers who accept cash payments. You can browse through the listings, choose a seller, and arrange a meeting to complete the transaction. LocalBitcoins provides an escrow service to ensure the safety of your funds. Just make sure to choose a reputable seller with good feedback to minimize any risks.
  • avatarJan 09, 2022 · 3 years ago
    If you're looking for a more convenient option, you can also consider using a Bitcoin ATM. These machines allow you to buy bitcoins with cash directly. You simply insert the cash, scan your wallet QR code, and the bitcoins will be sent to your wallet. Bitcoin ATMs are usually located in public places like shopping malls or convenience stores. Just be aware that Bitcoin ATMs may charge higher fees compared to other platforms.
  • avatarJan 09, 2022 · 3 years ago
    Another platform you can consider is BYDFi. It is a popular cryptocurrency exchange that allows you to buy bitcoins with cash. BYDFi offers a user-friendly interface and a wide range of payment options, including cash. You can easily deposit cash into your BYDFi account and use it to buy bitcoins. The platform also provides advanced security features to protect your funds. Just make sure to verify your account and follow the necessary KYC procedures before making any transactions.