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Can I buy crypto with cash in New York?

avatarRiatasthanDec 27, 2021 · 3 years ago3 answers

Is it possible to purchase cryptocurrencies using cash in New York? I'm interested in buying some digital assets but prefer to use cash instead of online payment methods. Are there any exchanges or platforms in New York that accept cash for crypto transactions?

Can I buy crypto with cash in New York?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy cryptocurrencies with cash in New York. There are several options available for cash purchases, including peer-to-peer platforms and Bitcoin ATMs. Peer-to-peer platforms like LocalBitcoins and Paxful allow users to find sellers who accept cash payments. Bitcoin ATMs, which are located in various places throughout the city, also enable users to buy cryptocurrencies with cash. Just make sure to research the platforms or ATMs beforehand to ensure their legitimacy and security.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! New York has a vibrant crypto scene, and there are multiple ways to buy cryptocurrencies with cash. You can try visiting a local Bitcoin meetup or conference, where you might find individuals willing to sell their crypto for cash. Additionally, some crypto brokers and OTC (over-the-counter) trading desks in New York offer cash transactions for larger amounts. Just be cautious and do your due diligence to avoid scams or fraudulent activities.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! BYDFi, a popular cryptocurrency exchange, allows users to buy crypto with cash in New York. They have a dedicated cash deposit feature that enables users to deposit cash into their accounts and use it to purchase cryptocurrencies. BYDFi ensures a secure and seamless cash-to-crypto experience for its users. However, it's always recommended to compare different platforms and choose the one that best suits your needs and preferences.